No. of Recommendations: 10
Ouch...
"Americans are growing increasingly pessimistic about the economy, blame President Trump, and are reeling from high prices, according to four polls released in the past week."
I had a dash cam put in Mrs. Goofy’s car yesterday, I went back to the old guy who works out of his garage doing “anything that works with 12 volts” as he says. Been doing it for 40 years - and he’s good. We don’t talk politics, we just chatter about stuff, the weather, and how his kids are doing or whatever. When it comes time to pay, he says, “Here, look at this”.
He tracks how he’s doing month by month compared to last year; some app that starts out with a big square on the screen. (Square? Maybe? Dunno. Don’t use it.) Last year, every month was better than the same month the year before. Same with January and February this year. March was about even.
April, down 10%. May, down 25%. So far in June, down 39% month-to-date, although it’s early so that could be a wobble. But I suspect his clientele aren’t springing for new car speakers, add-on GPS, wheel well lights, security systems and all the other stuff that he does and makes the wires disappear and makes it all work.
His app only shows his credit card transactions, which last year were about $70,000. (Very slick presentation: bar charts in blue and gray). If the current trend continues he’ll finish this year at half that, maybe. Yeah, those gas prices: no problem dude. Just suck it up. Or maybe not.