A recent report shows car repossessions are up to the highest number since the recession of 2009. U.S. companies are intensifying job cuts and workforce reductions and U.S. consumer debt reached a record high of more than $18 trillion with significant increases in mortgage and credit card balances. As the Christmas gift buying season is…
The Exchange: Economics And The Thanksgiving Story
In the Thanksgiving story, there’s an economics lesson just outside of the frame. Here on our campus, the University of Tennessee at Chattanooga, Dr. Claudia Kramer is the Scott L. Probasco Distinguished Chair of Free Enterprise at the Gary W. Rollins College of Business. She writes a monthly column for Business Trend, from the Chattanooga…