The Year In Business: The 7 Stories That Affected You Most

×
Year in reviewIt's safe to call 2011 the Year of the Economic Headline: Between debt ceiling debates, the crisis in the Euro Zone, and battles over tax rates, money issues filled the front pages. But for all the airtime and eyeballs these stories commanded, it wasn't always clear how they impacted your bottom line.

With that in mind, we put together our picks for the seven 2011 news stories that most directly affected your wallet -- and will continue to do so in the coming year. As these big money issues showed, the economy is never further away than the next paycheck or visit to the grocery store.



Bruce Watson is a senior features writer for DailyFinance. You can reach him by e-mail at bruce.watson@teamaol.com, or follow him on Twitter at @bruce1971.

Increase your money and finance knowledge from home

Understanding Credit Scores

Credit scores matter -- learn how to improve your score.

View Course »

Intro to Retirement

Get started early planning for your long term future.

View Course »

Add a Comment

*0 / 3000 Character Maximum

38 Comments

Filter by:
Mike

Fed res dollar printing has increased to keep up with US treasury's need for them as debt buyer of last resort. Euro is doing same for their debt but doesn't hold the luxury as world's res currency. Fed exports it's inflation to the world euro can't & WILL hypor inflate to ZERO. Europ will run to the dollar as others trade for gld/slvr. Even with small demand increase gld/slvr price rise outside the fed's ability to keep suprpressed & dollar will start its final fall, world WILL panic & gld/slvr will BE only reserve currency. World fiat monotary system is collapsing & we face deep depression. Got Gold? China & India does, why's that you figure?

December 28 2011 at 1:24 PM Report abuse rate up rate down Reply
Mike

Fed res dollar printing has increased to keep up with US treasury's need for them as debt buyer of last resort. Euro is doing same for their debt but doesn't hold the luxury as world's res currency. Fed exports it's inflation to the world euro can't & WILL hypor inflate to ZERO. Europ will run to the dollar as others trade for gld/slvr. Even with small demand increase gld/slvr price rise outside the fed's ability to keep suprpressed & dollar will start its final fall, world WILL panic & gld/slvr will BE only reserve currency. World fiat monotary system is collapsing & we face deep depression. Got Gold? China & India does, why's that you figure?

December 28 2011 at 1:22 PM Report abuse rate up rate down Reply
chris1011

How to run the government and the country into the ground, repub style:

Under Clinton the Head of the SEC was good and tried to remove the conflicts between auditors and Companies that led to Enron. Could not get reform thru the repub house.

Under Bush, regulatory agencies were headed by repubs who are against regulation­.. The results were to be expected as with the SEC or MMS. The good people left in discuss and were replaced with the unqualifie­d. I understand that under Obama, they are cleaning up the SEC, FDA, MMS and etc, but this will take a decade to correct, and DEMs will not likely get that long before the repubs take the country down again.. It's not that government is the problem, its that bad government by those who hate government­, but then want to run it is the problem.

No business would hire people to run it, that did not believe in the business, because the result would be of course failure.

December 28 2011 at 11:42 AM Report abuse rate up rate down Reply
1 reply to chris1011's comment
savemycountry911

IGreen, you are an idiot. Liberals live in Bazarro World where down is up, bad is good and Obama isn't a complete disaster. Hello

December 28 2011 at 11:58 AM Report abuse rate up rate down Reply
3 replies to savemycountry911's comment
savemycountry911

Hello, my nold nemises (chris) IGreen.
Where have you been? Were you jailed?
Is that what makes you nasty and mean
Or that Obama has failed?
You say SS = welfare.
Now you know that's just dumb.
We pay for Social Security.
Many on welfare are bums.

December 27 2011 at 9:29 PM Report abuse -2 rate up rate down Reply
1 reply to savemycountry911's comment
savemycountry911

old not nold

December 27 2011 at 9:41 PM Report abuse -2 rate up rate down Reply
chris1011

This country was not made great by angry men. It seems to me that our much maligned government is healthiest when everyone has a right to make their vote count - young, old, rich and poor. If only the rich get their say, we are headed down the road of oligarchy. It is important to speak for the poor and powerless. If their voices get drowned out by huge amounts of corporate money, we are doomed as a viable democracy.

You really want corporations to call the shots? Corporations that own no allegiance to any country, much less our own, corporations that avoid at all costs to pay any taxes to our US treasury, leaving the little guy to pay their burden? Corporations that try to buy influence with easily led low information voters via their 24/7 propaganda on AM radio and cable TV so-called News programs, and their plain-as-day right wing talking heads?

December 27 2011 at 3:55 PM Report abuse +3 rate up rate down Reply
1 reply to chris1011's comment
savemycountry911

The trouble is those who take will vote themselves more and more until they control things.

December 27 2011 at 8:12 PM Report abuse -3 rate up rate down Reply
4 replies to savemycountry911's comment
Mike

Fed res dollar printing has increased to keep up with US treasury's need for them as debt buyer of last resort. Euro is doing same for their debt but doesn't hold the luxury as world's res currency. Fed exports it's inflation to the world euro can't & WILL hypor inflate to ZERO. Europ will run to the dollar as others trade for gld/slvr. Even with small demand increase gld/slvr price rise outside the fed's ability to keep suprpressed & dollar will start its final fall, world WILL panic & gld/slvr will BE only reserve currency. World fiat monotary system is collapsing & we face deep depression. Got Gold? China & India does, why's that you figure?

December 27 2011 at 1:23 PM Report abuse +1 rate up rate down Reply
gmydogbud

How are people going to save for retirement when after working thirty-five years, the most ever earned was thirty-nine thousand?

December 27 2011 at 1:07 PM Report abuse +2 rate up rate down Reply
Will Hinkley

A really BIG problem is the near collapse of underfunded public pension plans, caused by earnings forecasts which were little more than fantasy and wdespread corruption which favored certain influential classes of workers over others.

December 27 2011 at 10:23 AM Report abuse rate up rate down Reply
alucky1128f8@aol

HI COUNTRY, HOPE YOU HAD A BLESSED CHRIST-MAS !!!!!!.

December 26 2011 at 8:37 PM Report abuse -2 rate up rate down Reply
alucky1128f8@aol

DO YOU THINK THE PRICE OF EGGS ARE CHEAPER BY THE DOZEN OR POUND ? DO YOU THINK EGGS ARE WORTH THE WEAR AND TEAR OUT OF A CHICKEN'S BUTT ? LOL.

December 26 2011 at 8:36 PM Report abuse -3 rate up rate down Reply