Business Savvy

Interest rates lowered again

I'm against the decision. This week, there have been reports that the first quarter economy was up 0.6 percent. The dollar had increased slightly in comparison to other forms of currency. Yes, none of the numbers are cause to celebrate, but I think they were signs to watch.

All the Feds have done is say "despite the numbers, the economy is still terrible."

While I agree that the economy is still doing poorly and needs to be watched closely, consumer confidence is not going to be helped by the new interest rate.

The truth behind the numbers is most of the 0.6 percent is the result of stores purchasing and retaining products because there are few customer purchases.

In case you haven't noticed, gasoline prices are breaking record highs, the mortgage crisis is still a problem and food prices are increasing.

My suggestions? Start a garden, stay close to home for vacations, and, if you have the money, buy a house with a low fixed mortgage.

Also, buy stock in green products and items that will be used and need to be replaced, like bathing products and food.

As for the green products, I've used some of the Green Works cleaning products recently made available. I love them. They work and they don't smell like typical cleaners.