The Wisconsin State Journal is running an important opinion piece discussing the coming "crisis" for credit card users as minimum payments are scheduled to rise and at the same time the new bankruptcy rules are going to be effective.
Last month, as reported in the Evansville Observer, consumer spending rose but only because consumers dipped into their savings. Years of overspending may hit the tipping point as consuemrs face drastically higher energy prices. Homeowners in Evansville have received notices from WE Energy that offers to lock in their energy cost at much higher monthly amounts.
The Janesville Gazette is even running a story about a teacher that rode his horse to work. ok. That is one option.
Anyway, some serious adjustments to consumer spending are on the way. What is your take on all this?
The Evansville Observer Archive: The unofficial history of Evansville, Wisconsin from 2005-2013: Thousands of Video and Audio and Articles; Free: To Search scroll to the Search this Blog line and enter name of person, topic, or issue. Then scroll up to see all articles. Or use Google Search by topic. Enjoy.
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