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View Poll Results: How is the Economy in your hometown?
The economy is great, jobs are available to anyone and business is great 21 48.84%
I would say the economy is average in my hometown 10 23.26%
I miss the boom days of the late 1990s- things are slow nowadays 3 6.98%
We are in a full blown ECONOMIC RECESSION in my hometown 9 20.93%
Voters: 43. You may not vote on this poll

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Old 11-09-2007, 09:00 AM
 
8,632 posts, read 9,155,030 times
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Quote:
Originally Posted by tigerlily View Post
Maybe they're eating peanut butter and jelly sandwiches for lunch (Not, that there's anything wrong with that) or giving up something else in order to afford the coffee. Sometimes a small luxury boosts the morale. You can't make a judgment based on what you consider a luxury item. Starbucks provides health insurance and is a U.S. based company so I support them.
Exactly!,I would say that we are in a pretty good economy overall when you can have a multi billion dollar company that sells overpriced coffee and coffee paraphanalia! In fact I bet they are hiring, they do have great benefits!
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Old 11-09-2007, 09:06 AM
 
Location: in my imagination
11,368 posts, read 18,562,952 times
Reputation: 7901
honestly instead of using numbers on how many people use starbucks to gage the economy I think foreclosure and for sale signs are better telling,that and lack of pay scales raising,lack of hiring in certain fields and the value of the American dollar,and using that it doesn't look to great right now,the question is how worse will it get and how long will it last.
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Old 11-09-2007, 09:07 AM
 
Location: Near Manito
19,500 posts, read 20,847,822 times
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Quote:
Originally Posted by dreamofmonterey View Post
No one is spending. Lowe's home improvement- bought a new oven /kitchen range, yesterday. Huge store, at 6PM and almost empty.

The economy is tanking.
Maybe folks were home eating dinner.

The big-box stores are all booming where I live.
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Old 11-09-2007, 09:16 AM
 
8,632 posts, read 9,155,030 times
Reputation: 2403
Quote:
Originally Posted by lionking View Post
honestly instead of using numbers on how many people use starbucks to gage the economy I think foreclosure and for sale signs are better telling,that and lack of pay scales raising,lack of hiring in certain fields and the value of the American dollar,and using that it doesn't look to great right now,the question is how worse will it get and how long will it last.
obviously the economy is slowing and headed south, but heres the deal lionking you ve got some people on here that wouldnt admit to a booming economy no matter what was happening, because they would equate that with crediting Bush,and that my friend just aint gonna happen! Reallity is we have had a GRRREAT eaconomy for the last 6 years, and the problems with housing has more to do with an out of control credit industry than anything else!
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Old 11-09-2007, 09:19 AM
 
Location: Near Manito
19,500 posts, read 20,847,822 times
Reputation: 13761
Here's a related story from my neck of the woods. There's certainly no economic downturn in these parts....

KXLY.com (broken link)
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Old 11-09-2007, 09:25 AM
 
Location: in my imagination
11,368 posts, read 18,562,952 times
Reputation: 7901
Quote:
Originally Posted by silas777 View Post
obviously the economy is slowing and headed south, but heres the deal lionking you ve got some people on here that wouldnt admit to a booming economy no matter what was happening, because they would equate that with crediting Bush,and that my friend just aint gonna happen! Reallity is we have had a GRRREAT eaconomy for the last 6 years, and the problems with housing has more to do with an out of control credit industry than anything else!
agreed!
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Old 11-09-2007, 10:02 AM
 
Location: Old Town Alexandria
14,505 posts, read 23,730,473 times
Reputation: 8837
Quote:
Originally Posted by lionking View Post
The fact is coffee,cigs,chocolate and all that stuff we (I) use is a luxury but yes,it is something that makes life more cozy.

Yes America's economic situation is slowing but we are better off than alot of other countries,and in other countries they are happy or use to having less anyway.Look how some are living in Dominican Repub,Haiti,Africa,South America and many other parts and we ain't got it so bad,but hopefully it stays that way for America.
Dominican, S America and Haiti? visit S. Florida. They live here now as we have cheap welfare and free medical thanks to open borders. Visit Miami sometime. This all has a negative effect on the economy, though it may take a year or so before those who are unaware start to feel it.

Last edited by dreamofmonterey; 11-09-2007 at 10:04 AM.. Reason: add
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Old 11-09-2007, 10:53 AM
 
17,297 posts, read 25,647,822 times
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Quote:
Originally Posted by silas777 View Post
I knew it was too high but is minimum wage now at $25 an hour ? Listen up , when Starbucks goes bankrupt then we will know that the economy is in trouble, I dont see that happening, in fact there are zillion espresso booths out there thriving, and as long as people got enough money to spend $2.50 everyday on a cup of coffee, I think were all right!
Actually, studies have shown that in times of economic downturn, otherwise strapped consumers often splurge on "small luxury" indulgences, such as expensive lipstick, or $4.00 cups coffee, to ease themselves psychologically.
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Old 11-09-2007, 11:06 AM
 
Location: OKC, OK
640 posts, read 357,136 times
Reputation: 133
I live in a college town (Go Sooners!) and there are plenty of jobs available. Business is booming. Long lines everywhere you go, whether it's out to eat or Best Buy, Wal-Mart, the grocery store, etc. We're still under $3.00 a gallon for gasoline but that could change any day. Now, just down I-35 about an hour it's a different state of affairs. The smaller towns are struggling .....
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Old 11-09-2007, 01:16 PM
 
Location: Portland, Oregon
5,138 posts, read 7,206,810 times
Reputation: 3492
Quote:
Originally Posted by Sooner_Nation_60 View Post
I live in a college town (Go Sooners!) and there are plenty of jobs available. Business is booming. Long lines everywhere you go, whether it's out to eat or Best Buy, Wal-Mart, the grocery store, etc. We're still under $3.00 a gallon for gasoline but that could change any day. Now, just down I-35 about an hour it's a different state of affairs. The smaller towns are struggling .....
I believe you're right about college towns. Just read an article to that effect. College towns have become a popular destination for retirees who want to take classes and be around younger people.
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