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Economic Plan B

Economic Plan B

Listen to this 'Talk of the Nation' topic

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Here's hoping the dollar rose doesn't wither. Source: distinguish hide caption

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Source: distinguish

There's been a lot of bad news about the economy recently — inflation is up, the housing market is a mess, gas prices are high, unemployment is growing, the dollar is weak, and, not surprisingly, consumer confidence numbers are low. There's talk among some economists of a possible recession, and now the word "stagflation" is circulating. Amid all the questions and concerns, people are reconsidering their options and restructuring their game plans. I've heard about all sorts of tactics people are using.... Some parents are taking their children out of private schools and putting them in public ones. Others are selling their homes, cars, or stocks. And a few are even dipping into their 401Ks. In the wake of our current economic state, are you looking at your assets differently, or altering your medium-to-long-range plans? And what are your questions about stagflation?