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THURSDAY, NOVEMBER 26, 2009
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Top Recession Bargains

Buy these 10 items and make Keynes proud

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(Newser) – Recessions typically are the worst of times, but they can be the best of times if you know what to buy at discounted rates. Time unveils its list of top recession buys:

  • Stores have a glut of fancy duds like cashmere sweaters and formalwear (discounted about 75%), meaning now you, too, can look like a million bucks without spending it.

  • Instead of splurging on a new computer, try boosting your computer’s memory, which costs about $70 less than 2 years ago.
  • A lobster dinner just isn’t what it used to be, and that’s a good thing, considering prices have dropped about 50%.
  • Your job may be in peril, but at least you can ride around town looking for a better one in a new car, because desperate manufacturers and dealers are offering one-time-only incentives like 0% financing.
  • If you’ve been pining for a country-club membership, some clubs are waiving or delaying initiation fees—which can get up to $50,000 or more.
For the complete list, click the link below.

Now is the time to buy fancy threads like cashmere and formalwear.
Now is the time to buy fancy threads like cashmere and formalwear.   (AP Photo/Paul Sakuma)
Cooked lobster claws and tails are seen at a lobster dealer in Portland, Maine.
Cooked lobster claws and tails are seen at a lobster dealer in Portland, Maine.   (AP Photo/Pat Wellenbach)
Now is the time to buy new cars.
Now is the time to buy new cars.   (AP Photo/David Zalubowski)
Now is the time to buy certain items before the recession ends.
Now is the time to buy certain items before the recession ends.   (Shutter Stock)
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kokuaguy
Apr 18, 09 10:15 PM CDT
Let's get serious now. There is a very good argument for increasing taxes on the wealthy given the current budget situation. The alternative is taxing those who are not wealthy. And, there is no better way to tax the wealthy than to tax their gambling in financial markets. A financial transactions tax will raise revenue at the same time that it makes the economy more productive. This is a genuine win-win situation. Dean Baker Reply
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