Economic Snapshot: How Americans Are Maintaining a Rock-Bottom Cost of Living Minyanville Staff Jun 19, 2009 1:00 pm |
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Good news, everyone! According to a recent Bloomberg article, the cost of living has fallen further than it has in 6 decades! Even Michael Moran, chief economist at Daiwa Securities (correct pronunciation of his last name not given) said, "Inflation is not an issue." With phone bills, gas, and health insurance at rock-bottom levels, Minyanville takes a look at how Americans are maintaining wallets stuffed with disposable income. |
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How Americans Are Maintaining a Rock-Bottom Cost of Living |
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Entrees at Chili's and KFC decrease food costs by preventing customers from wanting to eat for several days afterward
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Big-box retailers like Target and Wal-Mart carry clothing that can also be used for toilet paper and tourniquets |
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Child labor camps as far as the eye can see.
Incremental improvements on hardware and horrible AT&T service plans staves off a compulsory iPhone purchase for another year
| Historically low test scores help offset the fortune required to put a kid through a good college.
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E-books for Amazon's Kindle cost a fraction of the $17 the average American spends on books per year
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Between Zicam, Alpo, Mattel, and Airbus, class action suits become very profitable business
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