Saturday, September 27, 2008

A Nation Of Debtors

Yesterday on one of my phone calls I was talking with a lady from Atlanta. We were discussing the bail out plan and her and I were on the same page: its no good. Typically I tread lightly in these types of conversations with customer but they are a good way to fill dead time while waiting for software to download and install.

This customer was very willing to talk about the current state of the economy in Atlanta. She painted a very bleak picture of her friends being laid off, neighbors losing their houses, fore-closure signs everywhere and local businesses shutting down. Recently, at a meeting with her children's band teacher they were advised they had a week to decide on a lease/rental for instruments for their kids. She said hardly anyone felt they could afford the cost of this program right now. The same sentiment was felt in regards to field trips the schools were asking the parents for money to support. I told her usually I was the doom and gloomer...

David Ebner of the Globe and Mail paints another pretty stark picture in Bellingham, Washington in his article, A Nation of Debtors.

Let's just hope people keep buying BlackBerrys...

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