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(Christian Science Monitor)   Snow saved millions of men from Valentine's Day, but there's a downside to bad weather   (csmonitor.com ) divider line
    More: Interesting, Valentine's Day, stock investor, Peter Morici, IHS Global Insight  
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1947 clicks; posted to Business » on 15 Feb 2014 at 12:29 PM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



20 Comments     (+0 »)
 
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2014-02-15 12:36:54 PM  
Yeah, but you'll have 9 months to get used to the idea.
 
2014-02-15 12:45:54 PM  
There's a bit of broken window economics here. Sure, the snow has caused damages that will cause money to be paid and thus stirring the economy, but that money might have been better spent or saved without the loss of property. But fark it, most of that money will be coming from insurance companies. It's what they're there for.

Oh, and the problem that people don't make up for not going out for a week by ordering twice as much next time they're in the restaurant or buying twice as many movie tickets.
 
2014-02-15 12:46:39 PM  
Living in the DC area and knowing how crippling even 6 inches of snow and ice can be to the region, I can only imagine what hell the florists were going through this week trying to get orders fulfilled and delivered.  Expect a spate of reviews posted on the Consumerist from indignant customers exasperated that their Cute 'n' Cuddly Combo wasn't delivered to their sweetie's office cubicle on or before 2pm as promised.
 
2014-02-15 12:52:18 PM  
Only morons actually take their girl out on actual Valentines Day. Go out the day before or the day after. That way you can bang her twice in two days and avoid the crazy crowds.
 
2014-02-15 01:04:36 PM  
i.imgur.com
 
2014-02-15 01:38:21 PM  
My wife had a temp of 103 yesterday. I spent the day making her soup and play video games while she slept. A pretty good Valentine's Day all around!
 
2014-02-15 02:02:05 PM  
Condoms, people. Or the pill, or pull out.
 
2014-02-15 02:07:55 PM  

1.bp.blogspot.com

You're welcome, gentlemen.

 
2014-02-15 02:28:05 PM  

INeedAName: My wife had a temp of 103 yesterday. I spent the day making her soup and play video games while she slept. A pretty good Valentine's Day all around!


Wow, that's hot-blooded. You should check it and see if there's a fever.

/had that song stuck in my damn head this morning for no good reason.
 
2014-02-15 02:39:16 PM  
A friend of mine had the perfect solution for Valentine's Day: he got on an 18-hour flight to Australia on Thursday evening from LAX.
 
2014-02-15 05:21:56 PM  

wildcardjack: There's a bit of broken window economics here. Sure, the snow has caused damages that will cause money to be paid and thus stirring the economy, but that money might have been better spent or saved without the loss of property. But fark it, most of that money will be coming from insurance companies. It's what they're there for.

Oh, and the problem that people don't make up for not going out for a week by ordering twice as much next time they're in the restaurant or buying twice as many movie tickets.


But you eat the food at home right.
Causing one to go to the grocery store sooner.
It all evens out.
 
2014-02-15 06:15:07 PM  
What we have here, gentlemen, is a story with a question headline where said question can be answered, "No." Just like 95% of all question headline stories.

/Someone should write a book about this.
 
2014-02-15 07:12:55 PM  
Yes. My downside is a five-day weekend.
But that's a good thing, too.
 
2014-02-15 07:42:46 PM  
Wife in Stuttgart, Germany and me in Fayettestan, NC.   Very easy day yesterday, very easy.
 
2014-02-15 10:04:55 PM  
Ehh I don't know... saw plenty of suckers waiting in line at the grocery store to pay for flowers and chocolate on Thursday night.
 
2014-02-15 11:39:20 PM  

guilt by association: Ehh I don't know... saw plenty of suckers waiting in line at the grocery store to pay for flowers and chocolate on Thursday night.


Grocery store drone, here. While I was off Thursday I have to say watching the arguing couples on Friday almost made me want to be at work for the amusement factor.
/almost.
 
2014-02-16 07:37:03 AM  
"Grocery store drone,..."   I wants that too.


/1st TOTAL(star)FARK post
//yeah, lurked for a few years
///now it's time to troll?  Nah.
 
2014-02-16 08:50:10 AM  
Snow saved millions of men from Valentine's Day

You no say.

/a licky boom-boom down
 
2014-02-16 09:54:43 AM  
Broken window works like this:

If the money isn't there to replace something that adds value, it's a major loss (a machine that makes widgets, for example, is a loss of the machine and the widgets it would produce).

If the money isn't there to replace something that adds no value in and of itself, it's a minor loss limited to the cost of the broken item (you're out a widget).

If the money is there, but was going to be used for something that adds value, it's a loss if the replaced object does not add value, and break even if the replaced object does.

If the money is there and had no immediate use, it's a gain.

If the money is there and had no immediate use, and the replaced object is an upgrade, it's a major gain.

Think about this economically: I go to fix the damaged sign of a tire shop for $500. That gives me $150 to go and buy tires for my car, so I go back and have 'em slap a set on there. The tire guy gets $40, and as he does woodworking on the side, this gives him the money to buy some magnetics from me. I don't make much off the magnetics so we'll just end it there.

But now we look at where the money came from. If the tire shop had to send the guy who put my tires on home to pay for my work, it's break even. If the shop had money laying around in savings, it's a gain for the community. If they had to put off buying a balancing machine, it's quite a loss.

Where the wheels fall off is when wages are crap. If I only made $8/hr, I'd be able to buy one tire. The tire guy would make only $5, which wouldn't buy him anything except maybe a deck of smokes. So look at where the rest of the money is going.

If it's going to use, it's a gain for the community. If it's going to sit in a mattress, it's a loss. If it's going to my boss, it's a minor gain. If it's going 1000 miles away, it's a major loss, especially if the money would be better used elsewhere, i.e., the balancing machine.

What the takeaway here is, I think, is it's best to do business with people who do business with you and your neighbors. I'm in the interesting position of getting a lot of money from national chains. I'm trying to bring that money back into the community by not spending it back at them.
 
2014-02-16 06:21:20 PM  

Goimir: But now we look at where the money came from. If the tire shop had to send the guy who put my tires on home to pay for my work, it's break even.


The problem with the recent snowstorms is businesses that make money by providing services to other businesses.  At my employer about 2/3 the employees are paid hourly to provide services to other businesses.  If they don't work, they don't get paid, but the company also ends up making less income.  Many of our clients are from other regions where we're directly bringing new money into our metro area.

Since most of them couldn't make it to work last week each of them lost money that they likely would have spent in the local community, and my employer still has to pay most of the management staff out of a smaller gross income.  It's really a loss for everyone.

Except me.  I got two short days without using up any PTO, plus my boss bought pizza and my supervisor took me out for dinner and drinks for a department meeting as an excuse for both of us to leave early.  I totally won.  I want more snow!
 
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