it’s so depressing… sorry, recessing.

Creature Comforts' most recent Chic for Cheap post confirms it. i can't afford to wear clothes. i'm coming to terms with the accepted definition of cheap: t-shirts at $16.50. shoes at $45. and my new phone plan (once i settle on one) won't be less that $50-$60/mo. maybe that seems normal to everyone else, but i used to get by spending less than $10 on clothing items and less than $30 on cell service and internet and my budget isn't designed to accomodate much more than that. how is it, as the economy slumps, the cost of living just keeps climbing out of my reach?

i am googling "recessionista." forget about "the other half" i want to know how my half lives, and how to look fabulous doing it.

Read and post comments | Send to a friend


5 Responses to “it’s so depressing… sorry, recessing.”

  1. 1 Matthew J February 5, 2009 at 12:16 pm

    I can't really offer a full explanation, but here's a start..the cost of living that you speak of is usually based on things you Need to live. Gasoline, food, etc. these goods are income and price inelastic. that means, it doesnt matter if you get a raise or get demoted or if the price is $7 or $17, you're probably going to end up buying about the same amount of that good. this means, that as the cost of production goes up and companies are making less and less profits, the ones that can are going to charge more to cover their asses and people will still generally pay it. I believe (but dont quote me on this one) that phone and internet services are now getting to be about that inelastic for Americans. We just can't live life normally without them. So, prices are going up to keep businesses in business, and because you'll still pretty much have to buy them anyway. notice that the costs of jewelry, consumer electronics and movie theatres arent increasing much right now. thats because nobody tight on cash is going to buy them anyway, but Nobody will if they raise the prices much higher. anyway, thats my two centsgood luck with the recessionista. Sounds hip!

  2. 2 Ernie February 9, 2009 at 12:05 am

    well i don't know about the microeconomics of it, but day one of the recessionista thing is a success: buying one sale item from anthropologie per paycheck = looking like "what recession?" in no time at all! 😉

  3. 3 Bagelundercouch February 25, 2009 at 3:31 pm

    HA, anthropologie. i witnessed you buying something there the other week, if you'll remember. and you looked pretty darn rad, despite the recession, fi i remember correctly. i bought jeans from old navy is july and they've already worn out…because i was too cheap to buy another pair. oh, woe is me.

  4. 4 Ernie April 11, 2009 at 10:23 am

    ha! i haven't been online in forever as you might notice! blame the recession! but it was super fun running in to you too! and jeans from old navy are an excellent recessionista move, even if they do wear out. at least you're paying for your jeans a little at a time?

  5. 5 Radu March 28, 2010 at 3:28 am

    nono…depressing is ok :)Cheers,Potenta

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: