It doesn't take a rocket scientist to realize the economy is taking a hit. I've started to take notice of some subtle things that are actually pretty significant.
- The number of people I personally know looking for jobs has tripled since last year
- Went to Jack-in-the-box today for free curly fries - The original plan was to eat for a dollar, curly fries and 2 tacos. I was quite disappointed to find the usual "99 cents for 2 tacos" is gone. There's no more dollar menu! Its called the "value menu"... which is basically everything from the dollar menu for $1.49. 50 cents... big deal right? YES thats a 50% price increase! Oh and thats not all... the jack-in-the-box tacos are now smaller. So it costs 50% more for less food, and that same ol jack in the box quality.
- Cereal is the same price for less cereal... the boxes are ever so slightly skinnier and the ounces have been reduced by 2-4 ounces
- Eggs! Eggs are more expensive also! I have a feeling they're going to go up even more since that bill passed about giving chickens more room in their cages
On the brighter side
- There are still jobs out there... I still know people finding work, not just hopelessly looking
- "Be Greedy when everyone is fearful, be fearful when everyone is greedy" Warren Buffet's motto... There are some very interesting investment opportunities that are wide open right now, very risky, but huge potential (yes I consider this a bright side)
- There's significantly less traffic lately
- Companies like McD, Netflix, game stop are doing REALLY good right now
Comments (3)
and walmart =) but ya i agree with you. ice cream cartons are thinner too and so are many other products.
on ice cream: it went from half gallon containers, to 1.75 quarts, to 1.5 quarts for the same price!
on JIB: that's acty a big increase. isn't the whopper jr still $1 at BK?
hehehe.. i'm finding it hard to be greedy.
Netflix and Wal-Mart have worked to monopolize the DVD rental market.
Their price-fixing practices have kept competition at bay while they've
dominated an opponent-less online market.
Netflix
has been charging higher prices than it would have in the presence of
more rigorous competition online. This is a clear violation of the
Sherman Antitrust Act, and if you've been or remain a Netflix
subscriber, this site is worth reading:http://www.yourlawyer.com/topics/overview/Netflix_DVD_Class_Action_Lawsuit