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The following article was published in our article directory on October 28, 2010.
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Hamburg From the Open-air Stalls See U.S. Economic Well-being

Article Category: Business

Author Name: xia zihui

U.S. financial tsunami, it was the angle of light from the Starbucks business to describe the U.S. economy in trouble. This perspective very well, after all, a considerable part of the financial crisis, the American pocketbook, their daily consumption of natural extrusion effect. However, to look for daily consumption on behalf of the will of the American people "thermometer", I believe that the hamburger stand down even more telling.

First of all, the coffee in the American diet is not rigid requirements, after all, not Italian Americans, the Americans do not drink coffee, go to a restaurant meal is normal, go to Starbucks for coffee, eat a piece of cake but is another way to save money.

Secondly, many American office has free coffee. If you're among the high unemployment rate under 9.6% a member of the army of unemployed, it can also buy coffee from the supermarket home cooking, supermarket special two pounds of coffee in South America a large package of only 9 dollars, enough to cook a three-person four months.

Furthermore, compared with income of Americans, Starbucks coffee prices are not high. I visited in Virginia and Washington, more than Starbucks, for example, the cheapest price of a small cup of coffee the same day at 1.5 U.S. dollars, plus the consumption tax is less than a knot finishing up 1.6 U.S. dollars. I chose to share the Aspect of Hamburg is a reason. First of all, Americans do not love to cook is a name of. Many American friends why do not you love to cook in about when to list a lot of high-sounding excuse to "time consuming", "not creative" ... ... in America you can find free coffee drink, but not easy to find a free lunch eat.

Second, Americans love to eat cheese burgers and beef burgers are also notoriously, the U.S. hamburger restaurants as much as you can and snacks in Chengdu, China Pavilion par. 10 minutes walk from the house I have a "Ray's Hell burger," this year in June, Russian President Dmitry Medvedev's visit, he and Obama had escorted the convoy down to eat lunch, expand the "Hamburg diplomacy" . I also experience a bit "state dinner" feeling and prices, Obama's favorite flavor of that section of Hamburg's price of $ 7.99 Ray, If there's a $ 2 small fries, plus more than $ 1 a drink cup , give 15% tip, costs about 13 dollars or so. This is the average price level of U.S. restaurants. But in the 15 minutes far away from the burger stand open in Hamburg, buy a beef burger only $ 3, $ 2 a hot dog, and do not tip. Obama is just equal to the price of a hamburger lunch in the cost of a family of three, David. "Now is not the province where we will not province, but where we can save will save, and go to restaurants less often than the original." David said.

In all fairness, the share of the Hamburg Hamburg taste that does not go to the restaurant than Obama much worse. "Business has been good, selling six or seven hundred a day are more than a hamburger." Hamburger stand in the cashier Chinese Qi Su told reporters. In this population only 22 million of the small county, this is not a small number. I eat hamburgers in 40 minutes, that line people are doing, there are whites, blacks, Latinos ... ... no place to sit on the side of the road munching on a hamburger. Qi Su said that this open-air stalls of Hamburg launched two years ago, Whole Foods customer feedback activities, because the price was low, it attracted a large number of customers.

Back at the office, I visit Whole Foods in the official website, found that the site's location on the coupon is obvious, but to find the company's annual report, available fee could. Although the share of the supermarket business outside the open fire in Hamburg, but the first paragraph of the supermarket's annual report, wrote: We understand that "2009 will be a difficult year, but did not expect the economic environment to be so difficult." Further down the investigation, found that Whole Foods stores each week, the average sales from $ 570,000 in 2008 down to $ 549,000, down 3.7%. Of course, this decline in the country than the U.S. total retail sales in 2009 fell 6.2%, or to look better.

Coincidentally, the latest data show that the author Virginia, where the poverty rate (a family of four earning less than $ 22,000) from 2008 to 8.6% to 10.5% in 2009; compared with 2000, the average of all U.S. households income fell from $ 52,301 to $ 49,777 in 2009, a drop of 4.8%.

Obama September 20th at noon to participate in CNBC television program, a housewife and asked him to deliver when promised economic recovery, and she worried about their families back to the "eating hot dogs, eating beans," the bitterness of the. Obama responded by saying that U.S. economic policy in the right direction, but also "unsatisfactory." Consumer spending accounts for the proportion of U.S. economic activity Qi Cheng, the author of real estate, cars, and other areas of daily consumption are not clear signs of recovery were observed. No wonder a recent Federal Reserve Chairman Ben Bernanke delivered a speech at Princeton University, said frankly that, although now largely well-functioning financial markets, the U.S. macro-control measures are still not able to create plenty of kinetic energy to reduce the high unemployment rate.

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