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15 April 2008

A subtle sign of our troubled economy [More:]Last night, I went to midtown to mail in my tax forms. On the way home, I picked up a copy of the New York Times to read on the train. This was the first newsstand copy of the Times I had read in at least a couple of months.

As I read, I noticed that there was something strange about the paper but I couldn't quite put my finger on it. I skimmed through it again. The articles covered the usual topics. The editorials were the usual Upper West Side limousine liberalism. And then I became conscious of what was different: there were almost no frigging ads in the whole paper. Like, none. A few here and there, but the paper was noticeably thinner than I was accustomed to seeing.

This troubled me a little bit. If companies aren't inclined to spend money on an ad, they probably aren't inclined to do any hiring.
It's probably a good time for anyone to keep the job they have, despite the suckage, at least until the 4th quarter. Like all things though, it will get better.
posted by netbros 15 April | 11:03
I judge bubble-about-to-burst on the creative at the SuperBowl. If the ads are superduperoffthewallwhacky (think tattooing kids foreheads and shooting gerbils out of a cannon), well then you can be fairly sure that the bubble will pop.

If the ads are safe, people are spending wisely. This year was pretty safe including running ads that previously won awards in Cannes Lions (our Oscars of advertising) and not specifically designed for the superbowl.
posted by dabitch 15 April | 11:06
I usually try and predict the economy by watching what Mike Tyson is up to. When he bit that dude's ear off, I was all "buy! buy! buy!", but today I learned he's offering counsel to some footballer, so I'm laying low for awhile. Like everything else, he will ebb.
posted by Hellbient 15 April | 11:46
Thomas' English Muffins (tm) were $3.99 at the grocery Sunday. I didn't buy them. Whassat, like six Americanized E-muffs?

I've just started to notice stuff like this.

I half don't mind spending more on gas because it's still cheap by worldwide standards, we should manufacture smaller cars, urban planners should get on the stick for the chirren's chirren's sake (transit isn't an option for me) - but when it inevitably hits the price of goods, that's when the hurtin' times come.

And I start economizing by dropping the g for the smaller ' an' start soundin' like a beat-down ol' timer.
posted by rainbaby 15 April | 12:22
the girl who sits behind me was laid off today. (among others, but that's the one that gives me the "passed over by death" feeling.

To think, I went to look at a house last weekend. Screw that, I don't want a mortgage if I might not have A JOB!

(although I also thought... I can get mortgage insurance that allows me to put my payments on hold in the event of a layoff. my landlord won't let me do that. which is NOT sound financial planning on my part, but something stuck in my mind).
posted by kellydamnit 15 April | 17:26
Early birthday present! || Bunny! OMG!

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