Well the economy is hurting everyone from the consumer to the retailer and the distributors. When will it end? Who is to say...Some say when we get a new President other when we get a new Congress. But, the point is everyone is hurting.
To me it all started when they opened Freddie May and Freddie Mac to allow mortgage loans to people who could not afford it, yes Interest rates went way down then it bit them in the bottom.
Then when gas prices started to rise (when there is no reason it should have except OPEC greed and Oil Company greed) that is when it started the snowball effect.
Now you have businesses closing and people loosing jobs, and I am afraid it will get worse because now you have the Auto Makers really hurting.
I would like to see what people have to say in this but I do not want to see any flaming or bashing politically. Because I will delete it. But what are people doing and businesses as well what are you doing to try to ride it out? Families what are you trying to do as well?
I will start...As a business we are trying to see what else we can get into that will generate more income. My lovely wife and I started a new business C and D Enterprise. We will add several sites in the next several months. One we already have CandDluggage.com (This idea all actually started 3 years ago). Back when the economy was better and when were traveling on a Cruise Ship (Carnival Holiday) we had gobs (is that a word?) of stuff we bought and I tried to pack it in my luggage and the wheels broke. It was a cheap suit case with small rollers. So the idea came into conception then and as we traveled it grew. But when the hurt came we thought let's do it now.
On the site we carry high quality luggage at an affordable price. Great luggage and rolling tote makers like TravelPro and Atlantic and we added travel accessories from Austin House.
Hope the economy gets better. I trust it will and we can share it with our children and hopefully grandchildren. Awe grandchildren, we hope to have some, someday, but that is another story.
From: I Love to Travel