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Strategies & Market Trends : New US Economy Policy
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From: Arthur Tang5/1/2008 7:46:15 PM
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Recent scare of unprecedented high oil prices and food consumption rate made top down economists go crazy with no solution in hand.

The old economy was controlled by common sense value of $1/lb of weight. Then, in 1992, we did 10 cent sale of each piece of vegetable or fruit(loss leader advertizing). It was a huge success of rebuilding our US economy.

Anytime you find merchandise that is $1/lb, you have to buy and store them in your house for a rainy day. We have never had it so good an economy. We don't have to spend unless the price is right; otherwise we use up our inventory at the house.

Cars are no longer $1/lb, but its the luxury of electronics that made cars $6/lb. Even $4/gallon gasoline is only less than 40 cents per pound. And over half is government fuel consumption tax. You can still drive around the supermarkets, department stores or drug stores to find bargains that save enough to pay for half the gasoline cost of running around. all stores are within 2-3 miles from your home.

The pleasure of shopping for bargains for a rainy day, is our real happiness for a higher standard of living. Keep your eyes open for the 10 cent sales, it may be just around the corner again? Life is simply a choice between 10 cent sale and $1/lb cost, promoted by one MIT microeconomist, me.
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