Our economy is now consumption driven. Works well as long as we are borrowing money and spending it on junk, homes, cars ect.
When times are unsure, people like me. tend to not buy stuff. Auto industry is a great example. Cars are better made so no real reason to buy a new one. We just paid off our mini van. 1st time in 20 years we have not had a car payment for the wifes car. Not going to buy another for atleast 3 years. Dont care what rates they give. Dont care what fuel economy it gets.
What did you do with that Tax rebate check Bush sent out? Spend it on consumption? we paid off a credit card.
Not going to buy anything we dont need until we own our time. Instead of a mortgage company or a bank. Well I did buy that 966 :-)
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Today's Featured Article - The Rescue of a Fordson F - by Anthony West. Introduction I live in the UK and have for many years restored Fordson tractors (in the main model N's). I have also restored and shown model F's, E 27N's, Field Marshall Series 2, David Brown Cropmasters and the old rey Fergeson T 20. At one time I had seven restored examples which were shown and used in ploughing matches. As most restorers, I have a number of war stories I can relate on a range of topics that may help other like minded and interested people. Perhaps my first p
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