Talk of The Villages Florida - View Single Post - The Economic Downturn
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Old 11-20-2008, 03:42 PM
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billethkid billethkid is offline
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Default Sydney...the empty spaces in LSL have been empty since being built over 3 years ago.

There have been a couple of restaurant failures...nothing to do with the economy...poor management....poor service.....bad food.
If there is a current economy impact it could be the lack of banking support for small businesses that was prevalent since LSL opened.
A point to consider....while the media only shouts about how bad things are....for example unemployment at an all time high of 7++%...we will never hear them say...HOWEVER...the 92.% % still gainfully employed are alive and well. The increase in foreclosures are up 50% over last year....the total is still less than 5% of the total...but you won't hear about the over 90% that are still paying their mortgages who are gainfully employed!!
The Villages and specifically LSL are doing well and you won't hear or see that in the news.
I understand that if one is unemployed or losing their home things don't look very bright....but they are in the minority!!!!!!!!!!!

When companies are laying off the thousands to cut costs....there are still more than 90% of those companies employment still keeping their jobs.

The media perpetuates the chicken little outlook....keeps folks glued to the TV sets....

BTK