http://www.dailyreckoning.com.au/consumer-cut-back-2/2008/05/29/ An independent perspective on the Australian and global investment markets Sun, 21 Mar 2010 08:37:19 +0000 http://wordpress.org/?v=2.8 hourly 1 http://www.dailyreckoning.com.au/consumer-cut-back-2/2008/05/29/comment-page-1/#comment-24752 Robert Fri, 30 May 2008 06:17:12 +0000 http://www.dailyreckoning.com.au/?p=2775#comment-24752 "Out of a job and out of luck at 54" Too young to retire too old to work. I saw this coming at 30 and became finacially independent by 45, now I and many of my contemporaries freelance. I think the real unemployment is much higher, I do business improvement and the amount of slack in the modern business and office is huge. Smart business should hire the oldies who know how to work and let Gen Y find themsleves somewhere else. "Out of a job and out of luck at 54" Too young to retire too old to work.
I saw this coming at 30 and became finacially independent by 45, now I and many of my contemporaries freelance.
I think the real unemployment is much higher, I do business improvement and the amount of slack in the modern business and office is huge.
Smart business should hire the oldies who know how to work and let Gen Y find themsleves somewhere else.

]]> http://www.dailyreckoning.com.au/consumer-cut-back-2/2008/05/29/comment-page-1/#comment-24678 christina Thu, 29 May 2008 15:45:21 +0000 http://www.dailyreckoning.com.au/?p=2775#comment-24678 You're so right Mr Editor about how Americans need to cut back. They are so spoilt that they act like kids sometimes. Like, for example I read a funny article about how Americans were cutting back- they acted all wounded and hurt as they described what things they had to cut back on. It had one guy talking about how was forced to give up his daily power bar before the gym. Oh the shock and horror of it all! Another lady said she had to give up her bottled water, and drink stinky old regular tap water. And yet another lady lamented the fact that she could no longet afford designer label handbags, and had to settle for some stingy old regular brand of handbug that all the commoners use. Ha! They call that cutting back. Spoilt brats that they are, I feel sorry for them when they really learn the true meaning of cutting back. You're so right Mr Editor about how Americans need to cut back. They are so spoilt that they act like kids sometimes. Like, for example I read a funny article about how Americans were cutting back- they acted all wounded and hurt as they described what things they had to cut back on. It had one guy talking about how was forced to give up his daily power bar before the gym. Oh the shock and horror of it all! Another lady said she had to give up her bottled water, and drink stinky old regular tap water. And yet another lady lamented the fact that she could no longet afford designer label handbags, and had to settle for some stingy old regular brand of handbug that all the commoners use. Ha! They call that cutting back. Spoilt brats that they are, I feel sorry for them when they really learn the true meaning of cutting back.

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