A cheapskate has a balanced, honest and dignified approach to money management. It's someone who doesn't spend more than they earn or let money and material possessions rule their thoughts and desires. A cheapskate does not buy on impulse,
We needed to control costs from a labor perspective. We would rather spend the money on equipment than on having people delete files to help us deal with performance issues,
Customers don't want to spend $100,000 on a mid-range server, and then it's discontinued. People are just waiting to see which lines are discontinued.
The economy's not doing well, so it's appropriate to do what you can. But the notion that deficit spending is a panacea is greatly over-advertised.
I come to these work sessions every Tuesday and to find out we don't want to buy the site from a newspaper article is like a kick in the teeth. It looks like if I want find out what's going on in the borough I can just spend $4.50 a week and read the paper.
The country is entering a period of debt deflation, where households and businesses are forced to move funds from spending to debt repayment. This forces down economic growth and reduces inflationary pressures and long-term interest rates.