Wednesday, June 04, 2008

An economic conundrum

This evening we took our older grandson to a local restaurant called Red Robin. We've heard about all the terrors of the current economic situation - the subprime meltdown, the Bear Stearns demise, all sorts of other issues in the credit markets, outrageous gas prices - and yadayadayada.

But here we were in a relatively upscale hamburger joint (three people for dinner and a check of about $40) and the place was packed on a Wednesday night. All kinds of people, families included, were there munching on their burgers and other kinds of sandwiches. If we are in such a terrible problem, how can all those people afford to go there for dinner?

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