Economy
Related: About this forumAn update from the field
Oh, geez, I wish I knew how add to my original post, but, alas I do not.
We are a small business that started to feel the chill right after the
orange one took the pResidency.
I'm here to report that I have finally found that other artisans we work
with are ready to talk. Working in high-end construction, it's hard to
trust, as so many of us are still scrambling up from the last financial
disaster.
The last artisan I spoke to in confidence said it most plainly:
"It feels like 2008 all over again". These are good people. We
work with our hands. Yes, we're considered artists, but - we serve
the rich. The rich are not spending. Period.
still_one
(92,217 posts)To add to your original post, you select "edit post" at the bottom of your original post
elleng
(130,964 posts)or simply 'reply' to it.
That, of course, is the problem: The rich don't spend, the remaining 90% of us HAVE to spend. No doubt 2008 all over again, easily predictable.
Lyricalinklines
(367 posts)yet are integral to the full economic picture. I know 9 small business owners (Eastern Washington area and less than 15 employees) saying the same thing - business is lagging/declining. Leads dried up. Businesses cutting back on purchasing in expectation of coming legislation. They are in various industries - denture making, book binding/printing, agriculture, cleaning.
lunasun
(21,646 posts)who would be confident of what will be going on 6 months from now?
MAGA?
sharedvalues
(6,916 posts)We may be in a recession now.