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You may be more apt to call and confirm your Friday night reservation now that restaurants are taking steps to stay afloat in the current weak economy. Taking a cue from struggling airlines, your favorite dining establishment may be adopting the old trick of overbooking to better guarantee a full house.
Turning tables is even more of a priority than it used to be: Because restaurants can't pass on their increased expenses to equally cash-strapped customers, they need to rely on traffic to keep revenues up.
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For-sale listings on Craigslist are almost double from a year ago, and the site's barter section has been blowing up just as much in recent months. Craigslist spokeswoman Susan MacTavish Best explains, "When the economy turns unfriendly, Craigslist users become far more creative to get their everyday tasks done."
While bartering between businesses has been a long-standing tradition, bartering among individuals and businesses is experiencing new energy. One woman was able to trade her accounting skills and her husband's handyman skills for room and board at a Cape Cod bed and breakfast by posting on Craigslist.
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According to US Census Bureau figures released last week, only one state in the country saw a drop in median household income in 2007. This same state also saw a rise in poverty. Can you guess which state stands alone in its losses.
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The 2012 Summer Olympics will take place in London and the city is already admitting their turn to host will not be as extravagant as Beijing. Britain has nothing to feel badly about; this year's Olympics were the most expensive in history, and it's unlikely another city would top that.
Britain is in the midst of a credit crunch that didn't exist when they won the Olympic sweepstakes three years ago.
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