August 7, 2008

Dude, Where's My Recession?

(1,000,000 thanks to James Pethokoukis for that line! Sadly, those are 2001 thanks, equivalent to about 920,000 thanks today...)

Don Luskin is at Disneyland:

THANK GOD THERE'S A GLOBAL RECESSION GOING ON Otherwise Disneyland would be really crowded! This photo was taken this morning at the front gate an hour before the park opens to the public -- this is just the "magic morning" people staying at the park's various hotels, who get admission one hour early. They've lined up like this at 7:00 am.

I'll admit you can go too far with this anecdotal stuff. But every time I sit and wait in the Starbucks drive-through in the middle of a weekday afternoon, I bore my wife with the same observation.

Not to say things are perfect, but a lot of people still line up at Disneyland and to buy $4 coffee on Thursday afternoon.

Economics and Markets Posted by jk at August 7, 2008 2:34 PM
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