467,000 people lost their jobs in the single month of June. The unemployment rate is 9.5% which means that almost 1 out of every 10 workers in America is unemployed. I keep hearing that the economy is getting better but how can that be if more and more people are unemployed and lose their ability to purchase goods and services??
$38,211 left to pay on the mortgage. I won't relax until the mortgage is paid off, a year of expenses is in the bank, and the new vehicle fund is complete. Let's just pray we all stay well and fully employed.
100+ The temperature this week has been 100 degrees or more all week and more heat is expected. It was like this in 1980 when the heat started the first of June and never let up all summer. The grass is parched and brown with only the areas around the trees and beds aroun the house green wherre JMM has faithfully watered. I keep the thermostat up at 80 and fans going to keep reasonably cool but I am certainly not looking forward to the electricity bill.
Thought for the Day:
The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.
Ernest Hemingway (1898-1961) American Writer.
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