GCrites

I remember in the '80s you had to go to Buzzard's Nest Records since they were the Ticketmaster store. They had two locations in Columbus -- one on South Hamilton and the other was on I think Sawmill. Then sometime in the '90s every Kroger became Ticketmaster so one more thing that you didn't go to a small business for that you instead had to go to Kroger again for the 5th time that week for. Meanwhile, I don't know if Select-A-Seat was a Riverfront Colosseum thing or Metallica was having a quiet dispute with Ticketmaster in 1997 but for that show you had to go to your local Select-A-Seat office to get your tickets. In Columbus' case that was one insurance office on Morse. Day of show this office turned into a jungle. It wasn't a big cube like offices today are -- it kinda snaked around with a bunch of nooks and crannies. So there's all these metalheads and other loons zigzagging all over the place. I remember waiting in their breakroom for a while in front of the microwave.

Housing for sale still isn't down in terms of total financed amount because of interest rate increases.

Take your shirt off in the 3rd quarter

Columbus has no mayoral term limit.

When a business works mostly on referrals rather than being foot-traffic-dependent like stores are they can be in locations with lower foot traffic and still thrive. Since Columbus has few nodes besides the Statehouse and the Short North, foot traffic doesn't concentrate enough to have businesses that really depend on stroll-in traffic not generated by their website/social media. Cities with rail transit for example have a lot more nodes based around train stations where maybe hundreds of people get off a train at once as opposed to bus stops where most of the time only like 5 people get off -- except at the Statehouse.

Columbus seeing so many ground floor spaces leasing to referral-heavy businesses such as hair salons and real estate offices (as opposed to say, stores) is a symptom of a lack of nodes within the city.

What I think is a little odd is the Fed wants to target 2-2.5% inflation even though historical is 3.2-3.3%. Going that low is a little aggressive and may be counterproductive. Just because we were "used to" 2% or lower inflation from 2003-2019 doesn't mean we should push to go below historical since the 2003-2019 economy really wasn't all that good for the economy as a whole -- Wall Street liked it the most but job prospects and Main Street lagged.

People do bounce between politics and NGOs/the private sector often. Kasich roared right back from Lehman Brothers to the Governor's office.

The Fed probably will ease interest rates once inflation gets back in the 3s but I wouldn't call it a nosedive.

I'm in B. I think we can have a recession at any time but can't say we actually will. And if we do it will be weaksauce.

But how is that amount of inventory relative to the past? During COVID the JIT system broke down and stores didn't want to be in that position again. Is it a lot relative to 2005 amounts? 2017 amounts where they had an OK amount of inventory but not enough people to stock the shelves? 2017 inventory pales in comparison to 1990s inventory levels where philosophies were much more supply-side. Wal-Mart was still working on its JIT goals in the 1990s trying to get inventory down. Now there is distrust toward JIT due to lost sales during COVID and supply problems for many, many things. In fact, I would suggest getting rid of federal inventory tax (which is 25% of wholesale inventory value on January 1) to discourage JIT and replacing it with another corporate tax of identical revenue potential. JIT only works during pax times and no other times and takes to long to ramp back into service where there are issues. The economics of JIT did indeed work for the most part from 2003-2017 then in 2017 the size of the labor market started to shrink significantly enough that the fragility of JIT began to show itself with not enough people to drive the trucks and stock the shelves when the inventory arrived at the destination.

The beauty of commodity markets is that if prices rise then all sorts of things become viable. The first thing that would happen (in the absence of substitute goods) is that land that is currently kept fallow or dedicated to other low-profit uses (such as an unprofitable golf course) becomes farmland.

When Ozzy Osbourne crashed his Banshee his American doctor told him that in the U.S. his hospital bills would have been $2 million if it happened in the U.S. This was around 2004. Ozzy replied, "It didn't cost me anything. I'm British." If rich guys have a conniption seeing someone else get $50,000 in medical care for free they should be going intergalactic when they get a bill for $2 million.

I remember when the Ronald McDonald house was just a house.

Probably not since the only cities over 50k people with Republican leadership are military towns where that wouldn't be an issue so much.

Wall Street doesn't care about profits anymore. They're whining because the 0 percent interest environment they wallowed in for almost 15 years disappeared which means people's asset allocations won't be 98 percent equities anymore. They care about branding, marketing and product demand.

In fact, demand for warehouse space under 400k sqft is even higher than that of larger spaces currently.

Yeah the Strickland thing doesn't have as much teeth now that there's been 16 more years of Appalachian Ohio emptying out.

Single-issue voters are easy to manipulate and therefore popular with politicians. I remember the motorcycle magazines used to be really political until the 2000s when people started writing in about helmet laws, saying "Listen, I'll just put the helmet on if it means my kid doesn't have to die in Afghanistan." And that was the end of politics in motorcycle magazines.

The McDonald's off his exit knows he likes 20 piece McNuggets

White women will get raped if you don't do as they say.

If you drag people down too far on Maslov's Heirarchy of Needs they aren't going to vote. That's why the Right wants to make being poor as miserable as possible.

Having a bazillion Hillsboros, Fostorias and Salems really adds up. These other states have them too but we have more.

Ryan hammering blue-collar jobs wouldn't get them excited. What they don't get is that for low-medium-skill blue-collar jobs not to suck (bad work times, high turnover, no AC, bonkers co-workers, bad safety, disrespect) there need to be like 7 openings for each person -- not just two like there are now. So these voters have struggled to get the white-collar jobs they want and here comes a Democrat shoving even more warehouses and steel mills at them. What Ryan was doing with the blue-collar stuff was right and necessary but not everyone can see that. And even if more warehouses and steel mills mean some more white-collar jobs, companies are so bottom-heavy these days people don't see it. Especially if those white-collar jobs are all elsewhere on the coasts.

Maybe they're playing Pokemon Go