Well, Kansas City is your income going UP?
Is your home’s value increasing? Do your friends brag about how great business is? The answer is a loud NO! Then how come CNN and CNBC as well as most news outlets say, "We’re out of the recession and people are spending again!"
The stock market proves it, right? It’s doubled in three years since the crash.
I do think – or rather believe – that it’s gotten so bad here our government’s begged the media to deliver good news on the economy for a change. TV did this, especially on the financial channels and evening news. Things are better speeches. Invest in restaurant chains, people are eating out, shopping, buying cars, going on trips.
So they say.
Yes, people are buying cars, you can get a new one now for 10 to 15 grand. They do wear out and we need to replace them every now and so often. But I haven’t see too many expensive ones out there that are new, have you? Shopping, yes credit card spending with women is up. Because they HAVE NO CASH!
Also new clothes makes one feel better about being broke. Housing is in the shitter, getting worse not better. Nobody can borrow money to buy a home unless they have a 740 credit score and a six figure income. Or want a really cheap home. Housing is still horrible nationwide. Bad. Travel, well Vegas during the week is still empty, even though they give the rooms away.
Even my friends who ‘dance’ say it is terrible. No money coming in at all.
In KC, I have almost no friends who say they’re doing well. Oh, it’s better than last year or the year before. And sure, some of them are well to do, but even they bitch too. I have lots of friends who are still looking for a good job, while they have a crap one to buy food and pay the rent.
I was watching CNBC morning news/stock reports yesterday. They had two Harvard MBA students on the show. Both said two years of school would cost $150,000. And only 11 percent get in that apply. Asked if it was worth it in this economy, they both said, "Well, we now have a great opportunity to make something special happen with our future careers, become entrepreneurs."
Which really means, there is no work, we are fucked – we should have known better than to waste $150,000 on this stupid idea.
I don’t see anyone eating lunch out anywhere. There are no waits. Ever. Except at fast food and BBQ joints. There’s precious little night club biz, except a decent amount on Saturdays.
If its nice out.
The town’s fairly dead. Shopping is a weekend gig – there’s some at Oak Park Mall, none to speak of on the Plaza during the week. It’s sad. Yet businesses stay open. There is hope.
Maybe tomorrow these "news" stories about the econonmy bouncing back will come true.
Things are getting better. Right?