The economy is a topic on everyone's mind and Americans are frustrated that the problem cannot be fixed overnight. With experts, political candidates and journalists weighing in on the issue, many varied opinions are in the forefront of the media.
Christopher Coyne, Ph.D., associate professor of finance at Saint Joseph's University in Philadelphia, thinks the best response is to not panic about the state of our economy.
The New Year always brings change – even if it is just the annual modification of the year in our check registers. But last November, Philadelphians voted for a major transformation when they elected Michael A. Nutter as mayor, signaling they were no longer satisfied with city government's seeming acceptance of a dangerous status quo, and that they expect much more than a date change with the start of his administration.
Purse strings are tightening for individuals and corporations alike this holiday season, and donations may be the first to be cut from holiday budgets. Non-profit organizations should take steps to ensure they stay afloat during the current economic recession, says Ray Sarnacki, visiting assistant professor of management at Saint Joseph’s University in Philadelphia.
Out of economic necessity, many parents will have to say ‘no’ to their child this Christmas. Sally Black, Ph.D., assistant professor in health services at Saint Joseph’s University, warns parents to do more than just say ‘no.’
Parents will need to discuss the reasons why holiday spending will be different this year, Black suggests. “Teach kids about the economy,” she says, “but maintain an optimistic attitude.”
With news of a recession, it’s no wonder that many Americans are feeling anxious about their financial situation this holiday season. According to Saint Joseph’s University psychologist Phyllis Anastasio, Ph.D., these anxieties are amplified by constant media reminders.
Cyber Monday and the Tuesdays, Wednesdays, Thursdays and Fridays of online shopping that follow can be frustrating — and expensive — for some employers. But Claire Simmers, Ph.D., co-author of "The Internet and Workplace Transformation," says she has seen a recent shift in corporate attitudes concerning employees who shop online at work.
It's well known that a primary vector of disease is a germ-laden hand. Mano to mano, much misery in the land of the adenovirus is spread from a handshake. So what can you do when a sniffling colleague heads over to greet you at a holiday party?
The quintessential holiday scene – if not children eagerly unwrapping presents from under the Christmas tree – normally involves a family gathered around a table covered with home-cooked food. The reality is that, for the rest of the year, families don't routinely convene during mealtimes.
Significant areas of the country have experienced heavy rains this year, leaving government officials to grapple with the problem of how to safely handle excess stormwater. In the Philadelphia area, for instance, with two months left to measure, the 2011 rainfall total is within one half-inch of its record 56.45 inches.
The holidays bring many motivations to buy, buy, buy. Beyond the sale prices and must-have items is something greater for consumers to consider, says Saint Joseph’s University sociologist Keith Brown, Ph.D.
“Many consumers sincerely want to make a difference in the world through shopping,” he says. “Consumers like to give gifts that have a story about where the product came from, who made it and how the producer benefitted by selling the object.”