Archive for the 'Economy' Category

Supply and demand

Monday, July 14th, 2008

I’m always interested in the application of “supply and demand” when it comes to collectibles, antiques, etc. Anyone who has followed this blog or done any digging through its archives will notice the tower clock project I completed 18 months ago. Shortly after finishing it, I thought I’d really like “just one more”. I […]

75 years doesn’t change much

Saturday, July 12th, 2008

75 years ago today, the United States government enacted the minimum wage.
In 1933, that was $0.40/hour. What’s interesting is that if you take 75 years of inflation (a bit more than 1500%) as well as the cost of living index (which has risen from 13.1 to nearly 220) you end up […]

Forget $5/gal for gas. What’s up with Tanqueray ?!

Monday, July 7th, 2008

Summer is marked by the return of the Gin and Tonic. To be truly precise, Tanqueray & Tonic. I was running low on this quintessential combination so I headed to the ABC for a top up. OUCH !!!!! $103/gal !!!

House Prices falling ?!

Thursday, April 24th, 2008

Short note … NBC Nightly News was loud with their report that the housing market is sharply down. Too many homes on the market. Prices are down. Someone forgot to tell the Buttler, Liberty, and other steel building companies. Prices are up 31%-52% ! And that is just so far this year !

The price of steel

Tuesday, April 15th, 2008

“What does that have to do with the price of tea in China?” was a common retort to any comment that seamed unrelated to the discussion at hand. So, today the topic is “steel” which is definitely not a “steal”. About 18 months ago, I got an estimate on the shell for my building […]