Deseret News | Crises tested resilience of Utah throughout '07

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Crises tested resilience of Utah throughout '07

Prudence | 6:52 a.m. Dec. 31, 2007

Prudence gets out of debt. Prudence does not save any significant amount of money in this economy. What you could buy 10 years ago for $100 will now cost you $128. The policies of the Federal Reserve and the government have made sure your savings are a losing proposition. There has been no prudence at all in those entities actions. We have yet to see the worst of this financial mess.

Good luck in '08'.

Anonymous | 7:34 a.m. Dec. 31, 2007

"Soaring economy" for whom?
Dick Cheney's Halliburton?
Lynn Cheney's Lockheed Martin?
George Bush's oil pals?

Joe Moe | 9:44 a.m. Dec. 31, 2007

The judgment about economy is a numbers gig. It's not very subjective, folks. Just because not every single factor is favorable for every single person, doesn't mean that there aren't more jobs, more production, higher pay, etc., than there was last year. And just because it's really good for some people (Hallibruton, etc.) doesn't mean that just "kinda good" for others should be called "bad."

I think some people just haven't really seen or lived in a truly chronic bad economy for so long, they don't understand what they've got.

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