Welcome to our recession iPhone!

This was the lead graphic on the Globe and Mail front page this morning.

Did somebody forget to tell them that it’s just a phone? Yeah, the iPhone is a great piece of technology, but “a miracle”? It’s kind of funny how the lead graphic is about a pretty expensive phone, and the front pages of about half a dozen papers that I look at have stories about increasing cost of living, how people are having trouble making ends meet, and about the overall decline in consumer confidence (LA Times here:)

International Herald Tribune:

Calgary Herald

I had the feeling for quite a while when I had a fixed salary with union-mandated raises that I just wasn’t keeping up with rising costs. What’s the general consensus out there? Do you feel like you’re holding steady, getting ahead, or falling behind?