Relevant and even prescient commentary on news, politics and the economy.

Cutting back on Discretionary Spending where people can make Cutbacks if they are Squeezed

Dean Baker on Fast Food and the cuts to it when the economy is slow. The Fast-Food Spending Index is Falling Fast For the last several years I’ve been using real spending at fast food restaurants as a gage for assessing how the non-rich are feeling about their personal finances. The logic is that it […]

How Big is a Burger King Whopper?

Burger King Whopper is 4 ounces. A Wendy;s single is 4 ounces. The real question is, can you misrepresent a product in advertising? Everyone may know the product is not what it is claimed to be. It is a sales gimmick meant to entice you. However, does this relieve the seller of responsibility for misrepresentation? […]