Tag: Economy

What would happen without credit card debt?

  Let’s face it; we live in a credit world. Credit cards aren’t just convenient—they actually create spending power that is then used to buy goods and services. In fact, about two-thirds of the U.S. economy is based on consumer spending and all totaled Americans have some $2.2 trillion (and counting) of outstanding consumer debt…. Continue Reading

Retirement, what it means for your business and the U.S. Economy

Is your company prepared for retirement?  No, I don’t mean that your business is retiring, but many of your key employees just might be ready to take that step. For decades, economists have foreseen the retirement of the baby boom generation as a looming economic threat. Now it’s here, and every month more than a… Continue Reading