I have decided to change the title of my Blog from “The Mono-Economy of 2015 to “The Mono-Economy of the New Millennium.” It is now October of the year 2015 (as I write this) and of course my Blog title would soon be “out-dated”. Since my blog postings will always “hopefully” be relevant to our current economic situation, “the name has been changed to protect the blog writer, me!!!”
Just a word about the title of my Blog: The Mono-Economy of 2015. In the past there was the macro-economy and the micro-economy. Well, I now believe that we in an “economy of one (mono-economy). Meaning each individual person is experiencing his/her personal economy. What’s an “economy” anyway? One definition is: “
Well, the Great Recession has touched everyone in the U.S. Even in the same household there may be drastically different financial conditions for each member of the household. Therefore, I call it the mono-economy. Here we are seven (7) years later and people may still be struggling. I know that I am taking advantage of sales to purchase necessities that have been put off. I’m not splurging that’s for sure. The “non-inflation” is very inflationary in our household.
Anyway, that’s the short of it. I hope you enjoy the journey with me navigating the Great Recession. By the way, I believe we’ve been in a depression not a recession. Recession sounds better, don’t you think!
P.S. a very brief bio of me: my background education has included a concentration in education and (adult) training curriculum as well as teaching “computer use” at the college level and in corporate training environments.
economy. Dictionary.com. Dictionary.com Unabridged. Random House, Inc.http://dictionary.reference.com/browse/economy (accessed: July 08, 2015).