Notices
Off Topic A place to boldly go off topic. Just about anything goes.

How is the economy in your area

Thread Tools
 
Old 02-17-2009, 05:38 PM
  #11  
Senior Member
Thread Starter
 
70sguy's Avatar
 
Join Date: Jan 2008
Location:
Posts: 1,027
Likes: 0
Received 0 Likes on 0 Posts
Default RE: How is the economy in your area

Yeah, it does seem a little gloom & doom right now and will probably get a lot worse before getting better but....... we have some great business leaders and people in this country and the economy will turn around in due time. The irrereversible side is going to be the debt from the stimulus packages and how a lot of this money is going to be used. We will be requiring the government to take care of us unless people start getting their heads out of the a....
Old 02-23-2009, 03:20 AM
  #12  
Senior Member
 
jdb840's Avatar
 
Join Date: Nov 2006
Location: Manassas, VA
Posts: 312
Likes: 0
Received 0 Likes on 0 Posts
Default RE: How is the economy in your area

I just found out on Friday, that my company is cutting my salary by roughly 8% this year, which was my car/gas allowance. It could be worse, but I'm very thankful I still have a job. Our company is doing relativly well considering this ecomony, but like every other company the stocks have dropped considerably and they need to find any unneccasary expenses and cut them.

In the DC/VA area most of the jobs are government related, so it's not really noticable.
Old 02-23-2009, 11:08 AM
  #13  
Super Moderator
 
RLSH700's Avatar
 
Join Date: Jan 2006
Location:
Posts: 4,057
Likes: 0
Received 0 Likes on 0 Posts
Default RE: How is the economy in your area

The economy in this area has been dead for a long time, it died back in the mid-90s with the shut down of the coal mines and printing plant; however, some things are getting better, but the question is for how long. They are building a new coal powered power plant and are reopening one of the mines. The other local power plant is I think rebuilding to pass new regulations, which you know who is going to have to pay for all of that. The auto parts plant is laying people off as it has been doing as far back as I can remember. St. Louis continues to decay with layoffs at the few remaining businesses and I'm sure the greed of certain members of the Busch family isn't going to help AB jobs (excuse me, AB InBev jobs).[:@]

The area where I went to college seems to be doing alright as long as people keep buying domestically Energizers, chains, ATVs, boxes, farm related stuff, etc. I'm sure the campus will be enjoying a huge check from Uncle Sam to blow on things to run the tuition even higher.
__________________
"To Debate and Moderate" since 2006

College Graduate:
B.S. in Marketing
A.A. in nothing

The first 426 Dual Quad member.
The first to 2000 posts

Old 02-23-2009, 02:41 PM
  #14  
Super Moderator
 
Jeremiah 29:11's Avatar
 
Join Date: Jan 2006
Posts: 4,503
Likes: 0
Received 0 Likes on 0 Posts
Default RE: How is the economy in your area

Yes, things are bad in central Texas as well. Most companies are taking paycuts and forced vacations but that can only last so long before they take more drastic measures.

1. I wonder how many on our website are not buying a Challenger for fear of losing their jobs? I know I am one of them.

2. I wonder how many people on our website is in danger of losing their Challenger because they cannot afford it anymore due to job loss and or the economy.

__________________
For I know the plans I have for you," declares the LORD, "plans to prosper you and not to harm you, plans to give you hope and a future. Then you will call upon me and come and pray to me, and I will listen to you. You will seek me and find me when you seek me with all your heart.
Old 02-24-2009, 04:42 PM
  #15  
Senior Member
 
RoswellGrey's Avatar
 
Join Date: Mar 2006
Location:
Posts: 2,755
Likes: 0
Received 0 Likes on 0 Posts
Default RE: How is the economy in your area

In all honesty, had I known how bad things were going to get, I wouldn't have bought my Challenger. Although I paid cash for it, I'm thinking now that I should have held onto the money in case I need it for more important things, like eating and staying in a house.
Old 02-24-2009, 11:58 PM
  #16  
Senior Member
 
jdb840's Avatar
 
Join Date: Nov 2006
Location: Manassas, VA
Posts: 312
Likes: 0
Received 0 Likes on 0 Posts
Default RE: How is the economy in your area

I was about to buy one a couple of months ago, and I had to seriously weight out my options. I came to the conclusion being I already had a reliable source of transportation, that I can hold off for a year or two. Man I'm glad I decided to hold off and not take the plunge, although I should be fine now, I don't know what situation I would be in if I did buy one.
Old 02-25-2009, 09:54 AM
  #17  
Super Moderator
 
RLSH700's Avatar
 
Join Date: Jan 2006
Location:
Posts: 4,057
Likes: 0
Received 0 Likes on 0 Posts
Default RE: How is the economy in your area


ORIGINAL: RoswellGrey

In all honesty, had I known how bad things were going to get, I wouldn't have bought my Challenger. Although I paid cash for it, I'm thinking now that I should have held onto the money in case I need it for more important things, like eating and staying in a house.
The same thoughts go through my mind as well with my Intrepid. I'm just glad it wasn't expensive.
__________________
"To Debate and Moderate" since 2006

College Graduate:
B.S. in Marketing
A.A. in nothing

The first 426 Dual Quad member.
The first to 2000 posts

Old 02-25-2009, 10:11 AM
  #18  
Senior Member
 
Paladin06's Avatar
 
Join Date: Jan 2006
Location: East Valley AZ
Posts: 2,722
Likes: 0
Received 0 Likes on 0 Posts
Default RE: How is the economy in your area

Things are not looking real good in the East Valley. Folks are loosing their jobs, homes in foreclosure, businesses closing and the price of everything keeps going up. Hell my 401K is now a 201K and falling.

As for the Challenger, I wanted one of these cars since 1974 when I was a poor 18 year old Private in the Us Army. When the opportunity presented itself I thought self, you're 52 years old and got more time behind then you got in front of you so, live what's left of the dream.

Besides, the wife said if you want it that bad get it, we will be OK. We have your military retirement, military disability and your job with a major defense contractor that pays good money. I work for a defense contrator as well and the nest is empty. Make sure it's got a big Hemi.

Thus CRUSH was born.
Old 02-25-2009, 11:09 AM
  #19  
Senior Member
 
Billionaire's Avatar
 
Join Date: Aug 2007
Posts: 465
Likes: 0
Received 0 Likes on 0 Posts
Default RE: How is the economy in your area

I had a record breaking sales day yesterday in my online business. It was my best day ever.
It was awesome. In my business I see NO indication of any recession whatsoever. I'm selling more than ever.
Plus I have a great new plan for a new web site and marketing campaign which I am confident will
increase my sales by 10 times or more. I've begun working on implementing this plan.
My sales keep going up because I keep learning more, doing more, and doing better.
That's what it's all about. It's about making things happen.
The world is full of opportunities. And you can create your own opportunities too.
All I think about is making more money and making my life better. I don't bother myself with negativity.

I don't believe there is any such thing as a bad economy.
It is just a figment of the news media's imagination.
I believe that each person creates his/her own personal economy.
If someone else does poorly or if another industry (such as the car industry) does poorly,
that's got nothing to do with me and my business.
I can't be fired or laid off and my business profits will never go down to zero.

The top success gurus such as Brian Tracy say that your success depends only on you and nothing else.
I'm totally stress free and I'm not worried about the future at all.
As long as you do your best and maintain a positive attitude, you are pretty much guaranteed a good life.
Old 02-25-2009, 11:32 AM
  #20  
Senior Member
 
Paladin06's Avatar
 
Join Date: Jan 2006
Location: East Valley AZ
Posts: 2,722
Likes: 0
Received 0 Likes on 0 Posts
Default RE: How is the economy in your area

No harm meant Billionaire but if you really don't believe things are bad in this country you need to leave your bubble and see the world. It's bad, it's real bad. I watched my neighbors a young family with two small children loose their jobs, car, trunk and house all in 6 months. I'm not sure where you live but the economy is bad and a lot of people have no jobs, place to call home or even food for the children.

Have a great day!


Quick Reply: How is the economy in your area



All times are GMT -8. The time now is 11:25 PM.