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Why are malls packed, new cars everywhere, planes full, cruises full, etc, etc; if the economy is so "bad"?My wife and I went on a cruise in 2009, it was full. We went to Hawaii in 2010, tourists everywhere. I understand there are people struggling BUT there have always been people struggling. To sum my post up. I never saw a bad economy.
Why are malls packed, new cars everywhere, planes full, cruises full, etc, etc; if the economy is so "bad"?My wife and I went on a cruise in 2009, it was full. We went to Hawaii in 2010, tourists everywhere. I understand there are people struggling BUT there have always been people struggling. To sum my post up. I never saw a bad economy.
I asked the same thing here in SoCal the other day. Just as many cars on the road with $4.95 gas as there were with $1.85 gas.
Still, we'd have to look at actual data. Are malls truly just as packed? Is the sales rate of new cars the same? Are cruises just as in demand? We can't rely on casual observations - that isn't scientific.
Why are malls packed, new cars everywhere, planes full, cruises full, etc, etc; if the economy is so "bad"?My wife and I went on a cruise in 2009, it was full. We went to Hawaii in 2010, tourists everywhere. I understand there are people struggling BUT there have always been people struggling. To sum my post up. I never saw a bad economy.
A lot of people still live above their means and finance everything and remain in tremendous amounts of debt. From outward appearance the economy "looks" fine because of all you stated however, when you look at the numbers of people unemployed, underemployed and all of the debt some carry it is a completely different story. Personally we just passed up an opportunity to purchase the perfect vehicle I have been wanting for 4 years now. The reason we did not purchase is we did not have enough extra cash to purchase outright at the moment and I refuse to finance anything and I will not completely destroy my savings for a vehicle. In 2 weeks I will have enough cash to comfortably purchase the vehicle without financing and without destroying my savings, if the vehicle is still available I will purchase it, if not I will find another one. We are debt free and I refuse to take on any new debt, we pay cash or we do not purchase.
If you don't have the money, you're not spending the money. There is only so long you can play the credit card games. (Transfer balances, simply just use them, etc.) Eventually, you're gonna have to start paying them. To get approved for a new car loan you need pretty good credit and you have to show income. I see a lot of new cars AND I can't find anybody to paint the exterior of my house. Every painter I call is busy.
People have always lived above their means. The 90s was a perfect example. McMansions everywhere, luxury cars, vacations, etc. It's still the same to me. Oh yeah...I have a boat and there were tons of boats on the lake this past summer.
really? some of the malls by me are ghost towns these days. i associate their demise with the rise in online shopping too, though, and not just with the economy.
really? some of the malls by me are ghost towns these days. i associate their demise with the rise in online shopping too, though, and not just with the economy.
The on-line shopping part I agree with. But malls being ghost towns. I have not seen one. Here in Jersey they want to build the biggest mall in America but the Jets/Giants are fighting it saying it will bring to much traffic to the area as it would be right next to Giants Stadium.
Why are malls packed, new cars everywhere, planes full, cruises full, etc, etc; if the economy is so "bad"?My wife and I went on a cruise in 2009, it was full. We went to Hawaii in 2010, tourists everywhere. I understand there are people struggling BUT there have always been people struggling. To sum my post up. I never saw a bad economy.
credit cards lets us think we have money. when i come back from my cruise i will pay mine slowly of course.
we are poor
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