Recently, my wife and I were watching CNN. They were discussing the so-called recession. I turned to my wife and asked, “What recession? Other than the high price of gas, I haven’t noticed any downturn in our family economy.”
My wife cut her eyes at me and said, “You haven’t noticed a downturn in the economy because I handle the family finances. We are in a recession.”
I still wasn’t convinced. Long as I got a roof over my head, food on the table, and shoes on my feet, I don’t complain. But today I went to the art supply store to restock my supply of oil paint. Now I’m complaining!
A normal tube of oil paint costs in the neighborhood $8.99, depending upon the color and brand. And I buy the cheap stuff. The prices are now about $3.00 more. The old prices were scratched out and the new, more expensive, prices were scribbled in with a Sharpie. A sales associate saw the expression on my face and asked if I needed any help. I said, “Yes, you could help me to mark these prices back to where they should be. Why are they so expensive?”
“The cost of oil is $107.00 per barrel,” he said. “More expensive oil, more expensive oil paint.”
Ouch! I never considered that. I guess we are in a recession.