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James Robertson

Posts: 29924
Nickname: jarober61
Registered: Jun, 2003

David Buck, Smalltalker at large
Outside the Bubble Posted: Jun 12, 2009 7:37 AM
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This post originated from an RSS feed registered with Agile Buzz by James Robertson.
Original Post: Outside the Bubble
Feed Title: Cincom Smalltalk Blog - Smalltalk with Rants
Feed URL: http://www.cincomsmalltalk.com/rssBlog/rssBlogView.xml
Feed Description: James Robertson comments on Cincom Smalltalk, the Smalltalk development community, and IT trends and issues in general.
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It's difficult to see how the economy is faring from suburban Maryland; I live within 30 miles of DC, and within 20 of a major defense department installation - so the spending of the federal government masks the overall economy pretty well here. Still, I do travel, and when I've been on the road, restaurants have looked less packed. According to Salon, there's pain across that entire sector:

In the restaurant business, though, who isn't? As USA Today reported last month, restaurant sales have declined for 10 straight months, and customer traffic for 19 straight months. Now, a new study making waves within the industry suggests that four out of 10 chains could fold within the next year due to massive debt and rising commodity and energy prices.

Insulated though I am here, that last bit about energy and commodity prices has been noticed. I do most of the grocery shopping (seeing as how I work out of my home office), and things are a lot more expensive at the local grocery stores. For all the talk about deflation, every trip I take to get groceries seems to leave my wallet lighter than the previous trip...

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