Monday, November 22, 2010

The Economy is Recovering

Today, my gut instinct tells me that we are in recovery mode. This morning, we ran out of milk, and so I decide it's time to go to Costco. After working on a presentation, I take a 30-minute plunge in the local pool, and then drive north. Costco is packed as I have never seen before. I sense that everyone is tired of being penny pinching. They are carefully splurging, which is very different from simply splurging. Even I opt for an organic turkey which costs twice as much as a normal hormone-happy turkey.

As I arrive home and chat with a friend about my experience, she says that is exactly what CNBC as saying: people are tired of being stingy. Let's hope we all lift the tide again.

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