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   jb (jb@nicecrew.digital)'s status on Thursday, 29-Aug-2024 23:50:41 JST jb

   • Bread up, Bro
   When I was in the quick-serve restaurant industry you could measure the economy by who was up or down. For example… Checkers is a lower-tier restaurant that thrived under Obama because people were broke but then struggled during Trump years because people could afford to upgrade to something better.
   
   In light of that, if Dollar General is struggling then they’re either drowning in debt from over-expanding or the economy is even more royally screwed than we imagined.
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     Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 29-Aug-2024 23:50:40 JST Bread up, Bro

     in reply to

     • Meanwhile In Ohio...
     @MeanwhileInOhio @jb That's why it is important to look at national trends. It may be possible that houses are selling fast there. But the national trend is that housing is slowing. The national trend is that auto loan delinquency is up. The trend is that all these national retailers are chosing to revise their numbers down.
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     Meanwhile In Ohio... (meanwhileinohio@nicecrew.digital)'s status on Thursday, 29-Aug-2024 23:50:41 JST Meanwhile In Ohio...

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     • Bread up, Bro
     I feel some doubt that the economy is screwed. I've posted a couple of articles on my tl about the enormous amount of money being spent in my area on recreational marijuana and sports gambling. I know that's accurate because of the chatter I hear when I'm out, and when I talk to neighbors. Certainly groceries are more expensive but stores near me are moving inventory as fast as ever. I couldn't even get the shampoo I like when I was shopping yesterday. Houses around here that range from $300-$600k sell within days. There are three families on my street alone that have new Teslas, and one of those ugly trucks drove through the neighborhood a couple of weeks ago. New phones of every type abound. Membership at the local cigar place is healthy, and they're not smoking cheap stuff because cheap stuff isn't sold there. Etc.
     
     Much of the bad economic data I see online simply doesn't match up with what I see around me, and I'm in a very economically mixed lower middle class to upper class area. This isn't all driven by rich people and debt, it can't be.
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     Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 29-Aug-2024 23:51:54 JST Bread up, Bro

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     • Bread up, Bro
     • Meanwhile In Ohio...
     @MeanwhileInOhio @jb Nationally, sit down restaurant chains are doing very poorly.
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     Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 29-Aug-2024 23:54:30 JST Bread up, Bro

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     • Special Guest Star
     • Meanwhile In Ohio...
     @MeanwhileInOhio @s2208 @jb national home sales.
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     Meanwhile In Ohio... (meanwhileinohio@nicecrew.digital)'s status on Thursday, 29-Aug-2024 23:54:31 JST Meanwhile In Ohio...

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     • Bread up, Bro
     • Special Guest Star
     At least in my area, probably not. We haven't (yet) had the brown wave wash through here.
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     Special Guest Star (s2208@nicecrew.digital)'s status on Thursday, 29-Aug-2024 23:54:32 JST Special Guest Star

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     • Bread up, Bro
     • Meanwhile In Ohio...
     foreign money
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     jb (jb@nicecrew.digital)'s status on Thursday, 29-Aug-2024 23:54:33 JST jb

     in reply to

     • Bread up, Bro
     • Meanwhile In Ohio...
     my wife and I have anecdotally observed that we rarely have to wait for a table at restaurants anymore… so something is up, even if it’s just people belt tightening because they fear what is ahead
     
     OTOH I continue to see new 7 figure homes hit the market and sell with no trouble
     
     it is perplexing
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     Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 29-Aug-2024 23:56:24 JST Bread up, Bro

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     • Special Guest Star
     • Meanwhile In Ohio...
     @MeanwhileInOhio @s2208 @jb that's probably why the houses are selling like hotcakes, then.
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     Bread up, Bro (sickburnbro@poa.st)'s status on Friday, 30-Aug-2024 00:02:34 JST Bread up, Bro

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     • Meanwhile In Ohio...
     • Eleutheria2
     @MeanwhileInOhio @Eleutheria2 @jb Are you in an area where people get automatic CoL adjustments?
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     Eleutheria2 (eleutheria2@poa.st)'s status on Friday, 30-Aug-2024 00:02:35 JST Eleutheria2

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     • Bread up, Bro
     • Meanwhile In Ohio...
     @MeanwhileInOhio @sickburnbro @jb My area is upper-middle. People still go out and do stuff, but grocery prices are unhinged. And people seem like they're just going through the motions of what they'd do in a working economy, to avoid addressing the big problem. Housing market is still incredibly fast and pricey. Hasn't slowed down even compared to the halcyon sub-3% days.
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     Meanwhile In Ohio... (meanwhileinohio@nicecrew.digital)'s status on Friday, 30-Aug-2024 00:02:35 JST Meanwhile In Ohio...

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     • Bread up, Bro
     • Eleutheria2
     My grug thought is that people can't cut back on housing and food until things get very bad. Those are things they're willing to make sacrifices and extend themselves for out of necessity. What I'm most focused on is the optionals... Pot, gambling, electric cars, memberships, restaurants, gizmos... Those are things that take a hit first if people are feeling financial pain, and around here, they're not.
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     Meanwhile In Ohio... (meanwhileinohio@nicecrew.digital)'s status on Friday, 30-Aug-2024 00:02:36 JST Meanwhile In Ohio...

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     • Bread up, Bro
     Yeah, understood... The perplexing part to me is that this is not a particularly outstanding area as far as incomes go, and for the past 5 decades of my life it has pretty closely followed those national trends, and I'm not sure why it would deviate now because nothing significant seems to have changed.
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     Bread up, Bro (sickburnbro@poa.st)'s status on Friday, 30-Aug-2024 00:14:34 JST Bread up, Bro

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     • Meanwhile In Ohio...
     • Eleutheria2
     @MeanwhileInOhio @jb @Eleutheria2 So the question then is: if someone is spending 600k on a house, what are they putting down? how much are they looking at paying monthly?
     
     If there are people moving out of places like CA where prices have already exploded and they are taking the cash they've gotten out of their sales there, then all you are doing is importing those people as they run to less inflated markets.
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     Meanwhile In Ohio... (meanwhileinohio@nicecrew.digital)'s status on Friday, 30-Aug-2024 00:14:35 JST Meanwhile In Ohio...

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     • Bread up, Bro
     • Eleutheria2
     Not really. I'm in a place where houses sell for $300-400k. That's about 1500-2500 sq ft, under 10 years old, for reference. The neighborhood next door ranges from $400-600k. Multiple neighborhoods within 3 miles sell $600-800k. (I'm using housing prices as a stand-in for incomes.) Maybe half a mile away are two neighborhoods each where houses are $1M+. There's a little town nearby that's older and lower middle class.
     
     Point is, we have a range around here. Everything sells. People spend.
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     Bread up, Bro (sickburnbro@poa.st)'s status on Friday, 30-Aug-2024 00:19:54 JST Bread up, Bro

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     • Meanwhile In Ohio...
     • Eleutheria2
     @MeanwhileInOhio @jb @Eleutheria2 you've already identified why they would move...
     
     "good schools"
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     Meanwhile In Ohio... (meanwhileinohio@nicecrew.digital)'s status on Friday, 30-Aug-2024 00:19:55 JST Meanwhile In Ohio...

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     • Bread up, Bro
     • Eleutheria2
     Hmm... That's a good thought and I don't know. It would explain things. I have to question the sanity of anyone who would move from CA to nowhere Ohio tho 😄
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     DMA (dma@nicecrew.digital)'s status on Friday, 30-Aug-2024 04:01:48 JST DMA

     in reply to

     • Bread up, Bro
     • Dagnar
     it’s about $15.99 to $28.99 a pound depending on which meat or cheese it is. Can’t afford any of it. We use about 6-8 pounds a month.
     Bread up, Bro likes this.
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     DMA (dma@nicecrew.digital)'s status on Friday, 30-Aug-2024 04:01:49 JST DMA

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     • Bread up, Bro
     • Dagnar
     https://www.npr.org/2024/08/29/nx-s1-5093654/listeria-death-toll-cdc-boars-head
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     Dagnar (dagnar@nicecrew.digital)'s status on Friday, 30-Aug-2024 04:01:49 JST Dagnar

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     • Bread up, Bro
     • DMA
     I remember when I was growing up, Boar's Head was top quality. Of course, we're talking 50 years ago.
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     DMA (dma@nicecrew.digital)'s status on Friday, 30-Aug-2024 04:01:50 JST DMA

     in reply to

     • Bread up, Bro
     • Dagnar
     Always. Just like this whole boars head stuff. Hired beaners who can’t read. While niggers were there. That could semi read. Food poisoning 1000%.
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     jb (jb@nicecrew.digital)'s status on Friday, 30-Aug-2024 04:01:50 JST jb

     in reply to

     • Bread up, Bro
     • Dagnar
     • DMA
     > boars head stuff
     > Had not heard about that
     > Looked up story
     :pain:
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     DMA (dma@nicecrew.digital)'s status on Friday, 30-Aug-2024 04:01:51 JST DMA

     in reply to

     • Bread up, Bro
     DEI have been running the stores.
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     Dagnar (dagnar@nicecrew.digital)'s status on Friday, 30-Aug-2024 04:01:51 JST Dagnar

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     • Bread up, Bro
     • DMA
     I'm guessing it's the nigger tax too