We’ve already lost musicians Glenn Frey (of The Eagles), Maurice White (of Earth, Wind, and Fire), and David Bowie (The Sovereign — is anybody else concerned that Dean is now in charge of the Guild of Calamitous Intent? Or is he?). Over and above that, we’ve lost impressario René Angélil, conductor Pierre Boulez, and producer Robert Stigwood.
In addition, we’ve lost actors Alan Rickman (Severus Snape), Dan Haggerty (Grizzly Adams), and Abe Vigoda (Fish) — this time for real. Oh, and voice actor Joe Alaskey.
And truth be told, that’s just a few of the people who have already left us in the last 40 days.
So hey, all you great actors and musicians out there: Be careful.
So USA Today has helpful hints for people of my generation towards saving for retirement. Unfortunately they forgot Step 0: have a job with a retirement plan and that pays well enough that you can actually save money.
Just maybe that’s why consumer spending and factory orders are down.
Even so, I am NOT among those calling for the Fed to avoid raising interest rates. For one thing, the Fed doesn’t have as much control as many people think. Second, the last several years should have proven that the interest rates banks charge one another really doesn’t have much to do with whether or not your boss gives you a raise. Third, I’ve been saying for a decadenow that super low interest rates don’t actually stimulate the economy. Yeah, we’ve had super low interest rates for a decade now. Maybe if interest rates went up, corporations would spend some of their cash.