Posts filed under “Economy”

Consumer Purchasing Issues

My DOA G5 iMac  — the one that KinkosFedEx wouldn’t issue a receipt for — was the start of an unlucky streak. On my holiday purchases:

1) Mrs. Big Picture’s iBook was fine; BUT:
2) wireless router was DOA due to a hardware problem;
3) 40G iPod was missing the ordered personal inscription;
4) Rebates on cell phones 8 months late;
5) Wireless Bluetooth keyboard couldn’t find the PC.

Thats 1 for 5 — a pretty lousy streak.

All this made me curious: Are these experiences atypical, or is something else happening here? So I have a favor to ask of BigPicture Readers:

Please tell me:  What sort of experiences have you had – both good and bad – with newly purchased goods or services? Not something you bought from Dell 2 years ago, but more recent (6 months or less). And I want to hear from you about all your consumer purchases — not exclusively Tech.

If you have a beef — or a particularly good experience — Send me an email with "Consumer Purchases" as the subject.

So far, I’ve gotten ~150 200 emails from RealMoney.com subscribers and readers of Prof Farber’s Interesting People, and its been eye-opening reading. I am construing some rather interesting patterns; My findings will be published on TheStreet.com hopefully  next week. I’ll make them available to participants.

I also plan on posting all of the complaints/compliments on line, sans addresses and identity (i.e. XYZ Co sux from Barry in NY). As always, email addresses are never harvested, and all names will remain confidential. (If you do not want your email posted, specify that).

So far, everything I’ve learned is quite fascinating, but I’d like a broader audience to draw from.

Category: Economy

Prove Me Wrong

Category: Economy, Markets

Economists on December Jobs

Category: Economy

All Hail December’s Job Numbers

Category: Economy

Gift-card effect? Not so much . . .

Category: Economy

Five for ‘05

Category: Economy

Chart of the Week: 10 Day Moving Average Equity Put/Call Ratio

Category: Economy, Markets

Actual US Deficit: $615 Billion

Welcome to the start of the New Year.

Lets start off on the right foot, with something incendiary and infuriating: The terrific John Crudele of the NY Post cuts thru the government obsfucations on the deficit:  Beltway Bandits’ Storm: $615b Deficit Snow Job

December 28, 2004 — WHAT would you think if I told you that 2004′s federal budget deficit was really $615 billion, which is about 30 percent bigger than you’ve read in the newspapers? Now, what would you think if the Secretary of the U.S. Treasury told you this?

After you look at the government numbers I will present at the end of this column you’ll see that President Bush is absolutely correct in saying that the Social Security system’s finances need to be reformed immediately — although I disagree that privatization is the solution.

Two weeks ago, the U.S. Treasury posted on its Web site a financial statement for the country that was compiled in the same way companies are required to keep their books. 

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Category: Economy

The Economic Crystal Ball: Cloudy, or Clearing?

Category: Economy

Chart of the Week: Consumer Confidence Spikes

Category: Economy