It's not getting better any time soon. Gas prices are rising steadily, there 16 million unemployed, the stock market is struggling to get out of its summer slumber, new housing starts are flat and, while credit markets remain paralyzed, existing home sales are reading a false positive only because of the foreclosure market. So, what are we to do? Well, enjoy it, of course...
It would be beyond insensitive not to recognize the gravity of the current economic situation. We are seeing an average of 300,000 home foreclosures per month. Unemployment in Michigan has reached 15% and the country as a whole, while not yet in double digits, is keeping pace. Banks are, quite literally, disappearing and the net worth of the average American has dropped 40%, while in the more tony suburbs of Westport, Greenwich, Beverly Hills, Marin and their surrounds sometimes as much as 60%. OK, yikes...but...
My friend Carolyn changed her own headlight the other day. Now, most of you are likely saying, "No big deal...". True...although Carolyn, an immensely talented 25-year-old artist, still differentiates a Philips-head screwdriver from a flathead by calling them the "pointy one" and the "regular one" (sorry, sweetie...). She did this because the headlight was $6 and the labor charge was $30. Skillful means.













