OT: Economy is what?

[space-time]

They talk about double dip recession... slow recovevery... etc.

You saw how the Apple store is packed with people.

Same seems to happen in other tech fields, many vendors tell me they are extremely busy and refuse to take new orders. I don't remember seeing this situation in the past 5-6 years. I am not sure what happened, maybe they downsized during the recession and now didn't hire enough people back, that would be one guess.

[mattkime]

the tech world is a bit bubbly at the moment.

[hal]

One day I'll take a video of the approach to my local applestore in the mall.

I go to the upper level and walk past about 5 stores on my way to the apple store. In those 5 stores, you'd be lucky to see as many customers as clerks - often fewer customers than clerks. Then you reach the apple store - always mobbed.

But to gauge the economy by what you see in the apple store is obviously not getting the whole picture...

Even throughout the GREAT depression, there were companies that kicked ass all the way through.

[testcase]

I'll meet my sister at a local Outback restaurant about every other weekend. We eat early (4:30 PM). As we're leaving, the waiting line is often out the door. You'd think Outback was giving away food! Little to no sign of a bad economy there.

In the real world though, the U.S. (and world) is in deep sh!t and, I believe things are getting worse. I also believe that things will have to get a LOT worse before things start to get better. World "leaders" are truly a joke. How the Mayans knew the world will end next year is a mystery but, politicians the world over are working furiously to see that it happens.

[davester]

That's good for the economy of China.

[OWC Jamie]

testcase wrote:
I'll meet my sister at a local Outback restaurant about every other weekend. We eat early (4:30 PM). As we're leaving, the waiting line is often out the door. You'd think Outback was giving away food! Little to no sign of a bad economy there.

In the real world though, the U.S. (and world) is in deep sh!t and, I believe things are getting worse. I also believe that things will have to get a LOT worse before things start to get better. World "leaders" are truly a joke. How the Mayans knew the world will end next year is a mystery but, politicians the world over are working furiously to see that it happens.

Have you noticed the lines seem to get longer and shorter as the price of gas goes up and down ?
I see that here.
-and Outback didn't make it, it closed.

[Grateful11]

billb wrote:
-and Outback didn't make it, it closed.

Ate there once wasn't impressed at all.

There seems to be more people on the roads around here than ever. Dept. stores are busy, I really don't
see a big slowdown and without going to far off topic but there's election coming up next year. The powers
on talk radio love to talk gloom and doom.

A large chemical company said the other day they need 1,000,000 Engineers starting off at $85K
and colleges only graduated 200,000 engineers this year, they're out sourcing to other countries.

[AllGold]

Grateful11 wrote:
A large chemical company said the other day they need 1,000,000 Engineers starting off at $85K
and colleges only graduated 200,000 engineers this year, they're out sourcing to other countries.

Something does't smell right about that. A million engineers... ...per year... ...at one company?

[testcase]

billb wrote:
[quote=testcase]
I'll meet my sister at a local Outback restaurant about every other weekend. We eat early (4:30 PM). As we're leaving, the waiting line is often out the door. You'd think Outback was giving away food! Little to no sign of a bad economy there.

In the real world though, the U.S. (and world) is in deep sh!t and, I believe things are getting worse. I also believe that things will have to get a LOT worse before things start to get better. World "leaders" are truly a joke. How the Mayans knew the world will end next year is a mystery but, politicians the world over are working furiously to see that it happens.

Have you noticed the lines seem to get longer and shorter as the price of gas goes up and down ?
I see that here.
-and Outback didn't make it, it closed.
billb, Can't say I've seen anything correlating to gas prices. When the weather is really nice, the crowd seems to arrive later. I'm guessing that people were out taking advantage of the earlier Daylight Savings Time.

[DeusxMac]

mattkime wrote:
the tech world is a bit bubbly at the moment.

Then there's RIM...