I’ve never been a big fan of recycling, because I’m lazy. Until they make it the law in my neighborhood, I just as soon put all my garbage in one can. But after reading this NY Times article regarding how the value of recycling is being hurt in this economy, I’ve learned a few things I didn’t know before – like businesses were actually making money on this recycling gig… Until now.
The economic downturn has decimated the market for recycled materials like cardboard, plastic, newspaper and metals. Across the country, this junk is accumulating by the ton in the yards and warehouses of recycling contractors, which are unable to find buyers or are unwilling to sell at rock-bottom prices.
Fred Thompson. Actor, Senator, Presidential Candidate. For some reason, his down home, folksy attitude didn’t resonate with the voters outside his home state of Tennessee. But in this commentary, he’s hit the nail right on the head… Why for the life of me more middle class Americans don’t understand that spending is not the way to be prosperous, and that allowing our government to do so should shame us all…
Warning – Subtle sarcasm contained within.
It’s a little late, but I found this article on WalletPop that tries to summarize what a McCain or Obama Presidency could mean to your taxes. And while for the Middle Class, both candidates’ tax plans actually show a decrease in income taxes, the results of last night’s election could have made our bottom line a bit better.