Here is a transcription of a news story published in the Evening Outlook, the daily paper of Santa Monica, CA. The date was 3/3/1952. It was...
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Monday, August 30, 2010
Consumer Spending At All Time High
According to the commerce department, personal consumption expenditures are running at an all time high of $10,279,600,000,000. ($10.79 trillion.) But nobody reports it that way.
Looks like I need to put up some biographical info and credentials.
I am a graduate of UC Berkeley. I also went to law school for one year and then dropped out. What lawyers deal with (disputes and the potential for disputes) was not my cup of tea.
I also went on to get a California Real Estate Broker's license. My livelihood for many years has been operating and managing apartments on the west side of Los Angeles.
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