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Recession or Depression?

May 7th, 2008 at 04:05 pm

This is the question I'm hearing all the time.
Today, our gas went from $3.59 @ 8 am to $3.85 by noon.
Even Bread at the Thrift Bakery has almost doubled in price.
Hear that poultry will be next.
I am going to continue to buy in bulk my flour, sugar, coffee, pastas, powdered milk, etc. I"m already averaging 47% on my grocery savings by using coupons. This is with careful comparison to generic prices.
I have cut down my driving considerably, now only making two trips a week to town and getting everything done in those trips.
I've dusted off my sewing machine and will try to be creative in using the yardage and other craft supplies I have accumulated the past couple of years.Looks like homemade birthday and Christmas presents will be in 'vogue' this year.
I keep the electric usage down to basic level. Helps now that the days are longer and warmer.
Our library has a Bookmobile that comes to my little town. Just a brisk walk and I can checkout/return books = $0 gas
Finally got my garden plot tilled up! Yep, going to preserve my garden's yield. Noticed alot of folks in my neighborhood doing the same.
I even found a DIY Home Maintenance book at our Goodwill last week.

2 Responses to “Recession or Depression?”

  1. baselle Says:

    It seems a little early to call it a depression. But one might remember the classic definition:

    Its a recession if your friend loses his job, its a depression if you lose yours.

  2. snoopycool Says:

    Good luck on your garden. They are wonderful, and we are already enjoying some of ours Smile

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