Discussion: The Economy, Fiscal Cliff, National Debt, And Other Financial Issues IV

[DJ Kornphlake]

 

[MagnarTheGreat]

If there is only one grocery chain owner in town that's basically a local monopoly. Now imagine lots of those local monopolies all over the place.

 

[MagnarTheGreat]

McDonald's stock price drops after CEO promises affordability during latest earnings call

McDonald's CEO Chris Kempczinski addressed menu price concerns of affordability during the latest earnings call after growth didn't meet expectations.

abcnews.go.com

Wendy's is already like the most expensive fast food, they're cooking up new ways to price gouge.

Wendy's Is Introducing Uber-Style Surge Pricing

Kirk Tanner, the new CEO and president of Wendy’s, shared with analysts his various plans to increase company profits, including investing in digital menu boards that will have the capacity to display dynamic pricing that fluctuates throughout the day by 2025. Here's what customers need to know.

www.foodandwine.com

 

[blueharvest]

Wendy's is already like the most expensive fast food, they're cooking up new ways to price gouge.

Wendy's Is Introducing Uber-Style Surge Pricing

Kirk Tanner, the new CEO and president of Wendy’s, shared with analysts his various plans to increase company profits, including investing in digital menu boards that will have the capacity to display dynamic pricing that fluctuates throughout the day by 2025. Here's what customers need to know.

www.foodandwine.com

Wonder how soon it will be before other fast food places do the exact same thing.

 

[Teelie]

Thanks Wendy's, that's yet another reason for me to never go to you again.

 

[squeekness]

McDonald's stock price drops after CEO promises affordability during latest earnings call

McDonald's CEO Chris Kempczinski addressed menu price concerns of affordability during the latest earnings call after growth didn't meet expectations.

abcnews.go.com

Wendy's is already like the most expensive fast food, they're cooking up new ways to price gouge.

Wendy's Is Introducing Uber-Style Surge Pricing

Kirk Tanner, the new CEO and president of Wendy’s, shared with analysts his various plans to increase company profits, including investing in digital menu boards that will have the capacity to display dynamic pricing that fluctuates throughout the day by 2025. Here's what customers need to know.

www.foodandwine.com

Haven't eaten there in ages, don't plan to anytime soon.

 

[blueharvest]

Haven't eaten there in ages, don't plan to anytime soon.

I think the last time I was inside of a McDonald's, I was a little kid buying a Happy Meal.

 

[squeekness]

I think the last time I was inside of a McDonald's, I was a little kid buying a Happy Meal.

Fast food isn't as cheap as it used to be. Nobody wants to pay big bucks for crap food.

 

[MagnarTheGreat]

Reproductive rights and the economy: Abortion bans come with a cost

Reproductive rights policies including abortion bans have a significant effect on economic futures — both personally and in communities.

scrippsnews.com

 

[blueharvest]

US economy grew solid 3.2% in fourth quarter, a slight downgrade from government's initial estimate

The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Wednesday in a slight downgrade from its initial estimate.

apnews.com

Small business owners report growing optimism about the U.S. economy

As recession fears ebb, optimism among small businesses about the economy is at its highest level since 2002, new survey finds.

www.cbsnews.com

 

[MagnarTheGreat]

$1.2 Trillion US Travel Industry Is Plummeting, Says New Study

The US isn’t just lagging—it ranks second to last among 18 global destinations. The United Kingdom, meanwhile, is surging ahead.

www.bloomberg.com

​

Expedia is cutting 1,500 jobs as travel demand slows​

https://edition.cnn.com/2024/02/27/business/expedia-layoffs-travel-industry/index.html

 

[blueharvest]

Americans to get $5,000 to shop under new bill

Made in the USA Tax Credit Act targets small businesses to boost jobs and American innovation, Ro Khanna and Debbie Dingell said.

www.newsweek.com

 

[squeekness]

$1.2 Trillion US Travel Industry Is Plummeting, Says New Study

The US isn’t just lagging—it ranks second to last among 18 global destinations. The United Kingdom, meanwhile, is surging ahead.

www.bloomberg.com

​

Expedia is cutting 1,500 jobs as travel demand slows​

https://edition.cnn.com/2024/02/27/business/expedia-layoffs-travel-industry/index.html

Nobody wants to come here and get shot.

 

[Erzengel]

We've been going to Cape May, NJ for years. Maybe not every year but every couple of years. A hotel we've stayed with on occasion in the middle of July is almost $3k for 1 week, just accomodations. WDW is about the same for their economy room & park reservations, not including airfare. From one of my travel/tour sites, I can travel internationally for about that price that includes airfare, hotel and some meals. I'm wondering if it's more how outrageous these US destinations are.

 

[squeekness]

We've been going to Cape May, NJ for years. Maybe not every year but every couple of years. A hotel we've stayed with on occasion in the middle of July is almost $3k for 1 week, just accomodations. WDW is about the same for their economy room & park reservations, not including airfare. From one of my travel/tour sites, I can travel internationally for about that price that includes airfare, hotel and some meals. I'm wondering if it's more how outrageous these US destinations are.

I don't doubt it. Seems like everything is more expensive now.

 

[blueharvest]

The U.S. national debt is rising by $1 trillion about every 100 days

The nation's debt now stands at nearly $34.4 billion.

www.cnbc.com

 

[squeekness]

The U.S. national debt is rising by $1 trillion about every 100 days

The nation's debt now stands at nearly $34.4 billion.

www.cnbc.com

That sounds really bad.

 

[blueharvest]

 

[blueharvest]

What is the current national debt, how can the U.S. get out of debt? | Fortune

Wharton's Joao Gomes is echoing Jamie Dimon, Brian Moynihan and even Jerome Powell's warnings about the $34 trillion national debt.

fortune.com

 

[blueharvest]

America Blew Almost $2 Trillion. Make It Stop.

The expiration of the Tax Cuts and Jobs Act offers an opportunity to get the federal budget under control.

www.bloomberg.com

 

[squeekness]

America Blew Almost $2 Trillion. Make It Stop.

The expiration of the Tax Cuts and Jobs Act offers an opportunity to get the federal budget under control.

www.bloomberg.com

Agreed. Those tax cuts shouldn't have happened in the first place.

 

[blueharvest]

 

[DJ Kornphlake]

 

[blueharvest]

 

[squeekness]

Surprised they posted something actually true.