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Short-sighted advice from Suze Orman

Way to encourage that downward spiral, Suze. Not so much with the enlightened self-interest on community and commerce, are ya?

Why Suze Orman is Wrong on Restaurants

Stop Suze Orman from Biting the Hands that Feeds Us

Suze Orman, Your Advice is Bankrupt


Encouraging moderation is one thing. Encouraging a complete and total boycott is quite another.

Comments

( 2 comments — Leave a comment )
mumpish
Feb. 13th, 2009 01:14 am (UTC)
Um, wow. I actually agree with her. If you're trying to live within a budget, eating out is one of the simplest things you can cut - because there's an alternative that still meets the need at a fraction of the cost. It's also a sneaky cost - a lot of people aren't aware of how much they spend on restaurants until they stop to add it up - which I suspect is what she's trying to get people to consider.

Theresa and I recently did something similar - not that we're in financial trouble, and not that we're cutting out restaurants entirely - otherwise, what would we do when we get together? :) - but we agreed that if we could just cut out four or five restaurant trips a month, we could put the money towards a maid.
pointedview
Feb. 13th, 2009 02:10 am (UTC)
But she's advocating a total boycott. Most restaurants operate on a fairly slim profit margin to begin with, and these people have families, too. I see no point in encouraging an ever-tightening circle: people stop eating out, restaurants close, those people employed by restaurants are out of work and have no income to spend at the businesses operated by the people who are no longer going out to eat, that cuts those businesses' profits, causing the economy to shrink more, people tighten further, and so on.

I'm not saying we shouldn't cut back. D. and I have done so as well. As I said in the last line of my post, moderation is one thing -- a total boycott is another. Maybe you go to a restaurant at lunch instead of dinner, or maybe you go to a less expensive place ... maybe you go twice a month instead of once a week ... there are numerous ways to cut back without stopping commerce entirely. There's a middle ground without resorting to extremes at this point. Not for everyone, not for the hardest hit, of course, but for many.
( 2 comments — Leave a comment )

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