Saturday, October 11, 2008

Economy: Recession, Depression or What

Friday night as my wife and I went out for dinner and a movie we observed that the restaurants were full and at the movies there were full theaters (at least for the movie we chose).    Didn't appear that many people here are afraid to spend money. 

And today we drove north to Schroon Lake for a little relaxation and briefly stopped at the outlets in Lake George and guess what - full parking lots and many of them from out of state.    No one seemed afraid to use gas even at these higher prices and definitely not afraid to spend money on these shopping trips.

The media seems intent of trying to scare us to death about the economy but most of us who don't invest in the stock market are working and spending and living as usual.    And most of us are mad as hell that the government are bailing out the people who caused the current problems.

jesusfirefish

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