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To: LLCF who wrote (91209)4/6/2001 6:00:40 PM
From: BigBull  Read Replies (1) | Respond to of 436258
 
Maybe some of that credit is paying this off:

washingtonpost.com

Nationwide, consumers' energy bills this year are expected to be about $150 billion higher than a year ago, said David Wyss, chief economist for Standard & Poor's Corp., with large increases in both heating and air-conditioning charges feeding the increase.

Many low-income families let heating bills pile up during the winter, expecting to pay them off when cold weather ends, Wolfe said, and utilities typically can arrange extended payment plans.

But the size of the unpaid bills at the end of the past winter makes that financial burden much greater. "Somehow these bills will probably get paid, but it will come from somewhere" through reduced spending for other family needs, he said.

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So everything is coming up roses and lollypops for the second half, eh? (rhetorical question) Not!



To: LLCF who wrote (91209)4/6/2001 8:43:31 PM
From: marginmike  Read Replies (3) | Respond to of 436258
 
At one of my resteraunts the % of cash to credit sales has changed this year. Though are sales there are equal credit cards are being used 4X more frequintly then cash. This is a fast food place and displays that consumer is on FUMES.