Burger King Pahoa

[TomK]

Dead end corporate jobs barely qualify as jobs.  

Instead of giving your money to the Burger King shareholders, how about you do as suggested above, and support locally owned businesses whose profits are reinvested locally?

I do and never said I didn't. You're making assumptions.

[wecelli]

I order about once a year from chain fast food restaurants but thought I'd just call both the Pahoa and Hilo Burger King places this evening to see if the rumors were true. The Hilo one was definitely open but the person I spoke to had no concept of what I was asking, so just told me how late they stayed open. Things were better with the Pahoa place and they told me they were renovating but the drive-through was open and, I think, you could still go inside with some areas closed off. They were also open when I called them. Perhaps the Hilo one is 

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A dead end job?
When I was a kid, I worked at Burger beginning in 1982. I started at the minimum wage which was $3.35 an hour. Within 6 months I was promoted to management with a $5 wage increase. 2 years later I was assistant manager with a $10 wage increase.
I left Burger King because I wanted a M-F schedule and started working at a national Bank branch.
The skills I learned along the way, at that dead end job, helped me into a career and a full pension.

[AaronM]

Nothing about today's economy or labor market even remotely resembles 1982 but thanks for the trip down memory lane.

[HiloJulie]

Oh yes, what a good memory lane trip of 1982 was like:

Unemployment: 10.8%
Home Mortgage Rates: 15 to 20%
Inflation Rate: 6.16%

Fortunately, 1982 saw the beginning of the end of a severe economic recession which began in 1980.

Yes, thanks for that trip down memory lane!

[AaronM]

As I said, not even remotely.  Especially considering that we are at the beginning of a "severe economic recession" and not at the end.

Hawaii existed in 1982 so this is all still related...

[HiloJulie]

As I said, not even remotely.  Especially considering that we are at the beginning of a "severe economic recession" and not at the end.

Hawaii existed in 1982 so this is all still related...

2023 economy:

Unemployment: 3.7%
Home Mortgage Rates: 6%
Inflation Rate: 3%

“This economy is incredibly resilient, despite all the slings and arrows – despite the banking crisis, rate hikes, the debt ceiling,” Mark Zandi, chief economist at Moody’s Analytics, told CNN in a phone interview on Friday.

Zandi is growing more confident that 2023 won’t be the year when a downturn will begin.

“For this year, given these jobs numbers, it’s hard to see a recession. Increasingly, the odds of a recession this year are fading,” Zandi said. “A lot of economists who have called for a recession are now in the uncomfortable position of pushing back the start date.”

To relate this to Hawaii, the Burger King in Pahoa, according to my teenage grandson and his "dude friends" is known for charging customers individually for what would be a "combo" deal. Buyer beware!

And Hawaii still exists in 2023!

[HereOnThePrimalEdge]

odds of a recession this year

Old economist joke:
Economic forecasters have now successfully predicted nine out of the last five recessions!

[AaronM]

Here's another one - “an economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.”

Seriously though, as a certain Hans and Franz used to say - 'hear me now and believe me later!' - The inverted yield curve will have the last laugh.  2024 will make 2008 look like 1992.

[HiloJulie]

Here's another one - “an economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.”

Seriously though, as a certain Hans and Franz used to say - 'hear me now and believe me later!' - The inverted yield curve will have the last laugh.  2024 will make 2008 look like 1992.

Of course.

How could an educated economist know anything when AaronM has spoken! 

However, you may be correct in your 2024 prediction. If America becomes so damn stupid - it goes republican!

[AaronM]

As I posted previously, you must be new to the internet.  Copying the post directly above your reply does nothing but clutter the thread.

Also, it's just plan obnoxious.