ajtj99's Market Pulse

[jdaasoc]

My wife got back from helping out at the local soup kitchen yesterday and they ran out of meatloaf (smaller portions and no seconds had to suffice) for the larger crowd which included many new faces.

This is somewhat significant since the soup kitchen is in a top 10 in the country per capita county.

It seems that they having a problem increasing the supply of meatloaf makers in our parish. Older people moving out of state to avoid high taxes and cost of living in NJ are not being replaced with younger folk.
They are not inclined to make meatloaf since by and large they got their own potential insolvency problems with big mortgages and trying to hold down a job to deal with to think about providing for others.

I guess high net worth locales buoyed by real estate valuations are fast coming down to the average folk with economic realities.