A Week In Hooverville

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Here is a recap of the week in the hell that has become our horrible economic situation brought on by evil and incompetant Bush administration. Some say its the worst economic situation faced by any country by any people in Western civilization since the Battle of Hastings in 1066. Saying it is one thing, but when other people believe it, well thats something else altogether.

Monday -
The house 4 doors down goes up for sale. The house is 7 years old. They are asking for 4 times its original purchase price. If I had to move here now, I could not afford to do it. Of course when we moved here, everyone said it was a mistake. That should show you what "everyone" knows. By the way, I have no intention of leaving.

Tuesday -
Now that a month of candidate interviews are complete, my team puts hiring offers on the table for 3 new openings - all for external hires.

Wednesday -
Another part of our group suffers a setback as three of their staff announce that they are quitting and going to work at other companies. These are all US employees, one is moving to Seattle to work at a small software company, but the other two are "working remote" at two different companies. I see a new employment trend on the rise, "outsourcing at home" why ship jobs overseas when you can just hire folks to work remotely here in the US?

Our Management struggles in the morning conference call to deal with the new phenomenon of employees leaving for greener pastures. Luckily for me the mute button is on as I fall on the floor laughing at their displeasure with the new reality. As I regain my composure, one of them asks what I think they should do, I respond "Oh golly I dont know, promote someone, give a raise here and there, pat someone on the back, give public kudos and thanks now and then?" My humor is often lost on the management class, however,this morning it hits them like a 2x4 across the forehead. I tell them the truth that "the drought is over boys, and those that can get out now, will. For every one of those that left this morning, theres another 10 of them looking."

At Lunch, I wait 20 minutes to get to a gas pump. At two different stations. I resolve to ride my motorcycle more often.

Heres an observation I made in the Costco Parking lot:
SUV,SUV,SUV,Minivan,Minivan,SUV,SUV,Scion Type B,SUV,SUV,SUV,Minivan,Hummer.
I make a note to mark the next time I see a car over 10 years old. 30 minutes go by and a 1968 Chevy Nova appears just as I'm about to give up.

Two afternoon conference calls are interrupted by the sound of pools being constructed in our court. The Gunite spraying machines and small tractors digging the holes are very, very loud. Between pool construction and lawn maintenance, the neighborhood during work hours is one very noisy place indeed.

I have no intention of ever getting a pool. Everyone wants a pool,until they get one. We've already had one thank-you-very-much. They are really at their nicest when they are someone elses and you just visit.

Thursday -
Two of our candidates reject their offers, as they have already accepted offers at other companies. The third accepts, turning down an offer that included a signing bonus. I had no idea such things still existed. The Second tier candidates are now re-evaluated for the remaining open positions.

A headhunter calls in the afternoon, he wants to have lunch next week. The rate of recruiter calls has gone up from one a quarter to one a month. Im not going anywhere, I like my gig but you've always got to take care of these guys. You never know when you'll need one. Besides, this one used to work for me back-in-the-day.

The house that went up for sale on Monday is now sold. The offer was for 20k more than what was being asked for. This leaves us as the last remaining original owners in the court. I dont know what to say.

We begin accepting internal staff transfers to the remaining open headcount. 5 employees are given lateral transfers. 2 are given promotions. This is a relief to me, as I can now stop working 18 hour shift cycles in concert with the European staff work hours.

Friday -
Good news! A new project has been started as we were just informed that an additional contract has been signed for our services. Back to 18 hour shift. For 24 hours, I was pretty happy, but now we are back to reality.

Plans are finalized this morning for me to visit San Jose next week, as the new contract requires the assistance of a new hardware vendor to support the project.

The next door neighbors parents are visting. How do I know this? Because their giant 5th wheel "super trailer" with the pop out sides and the satellite dish is sitting in front of my house. I am now officially "trailer trash". ( they are nice folks, and its ok, they usually only stay for the regulation three days at a time, but every time I hear someone squabble about how bad it is for old folks, guess who comes to mind?)

Friday Night:

6:30 - On the Border - A 45 minute wait to get a seat.
7:15 - Seated. Chips and salsa are delivered
7:20 - Waitress arrives. Drinks are ordered
7:40 - Orders for dinner are taken. Waitress apologizes for delay, apparently several staff did not arrive this evening. Apparently they quit for better offers. ( lots of that going around I opine)
8:15 - Dinner arrives.
9:00 - Check arrives. The waitress, is handling 25 tables by herself, due to a lack of staff. The manager arrives, announces that Dinner is free, due to the problems this evening.

On to 'Barnes and Noble' to peruse the shelves -

9:15 - Parking lot full - to capacity.
9:40 - Parking space secure.
9:45 - Store is jammed to capacity. 4 registers, all staffed, a line 15 deep forms in front. The line is consistent throught the visit.
10:30 - Standing in line for checkout.
10:45 - Checked out. I ask the staff about the lines " its been like this every Friday lately ..."

It's now too late for a trip to Best Buy, but a sign in front of the building says "NOW HIRING". Every store and restaurant we went by this evening has had these signs up. Christmas is coming, and it shows.

On to Starbucks!
11:00 - 6 in line,
11:15 - Order taken. The store is out of milk. This sends a groan into the air. A Starbucks out of milk is like KFC being all out of biscuits. I ask how this could happen, the barrista says " We had quite a run tonight and we didnt stock enough I guess..."
11:25 - Order delivered. All tables inside taken, All tables outside taken. We hover around a promising table.

11:45. Table freed up at the exact moment the latte is finished.

Safeway -
12:00 - 2 registers open, 6 people in each line, they both extend beyond the endcaps.
12:10 - Soft Drink row blocked by shopper on a cell phone asking his wife "what should I buy" over the phone. I give him "the look". I begin to wonder if anyone can function without those damn things stuck to their heads.
12:15 - In line.
12:20 - Another shopper is on a cell phone asking someone on the other end what kind of cigarettes they want him to buy. A game ensues where the cashier has to go to the cigarette area and call out the brands while our "remote autonomous shopping unit" attempts to find the required brands for our mystery guest.
12:30 - Home.

Hit it Buck Owens!

Gloom Dispair and Agony on Me, Deep Dark Depression, excessive misery
If it werent for bad luck I'd have no luck at all
Gloom Dispair and Agony on Me!!!!!!

Look folks, I know that sometimes people have bad times, I know its not all "sunshine and light" out there, but I also know its not the worst.economy.ever. I lived through the Carter Administration!20% Mortgage interest rates, 9% unemployed, no gas to be had at any price and the worlds biggest pacifist pessimist in the White House. Let's try to put things in perspective, shall we?

And before I get more hate mail, I know I'm breaking the "Commentariat Diktat" by reporting good news while the fascist Bush is in office, but I must. Repeat after me wage slaves!, Business is good,life is great,things are looking up. Don't be afraid to ditch pessimism to be positive. Stop looking at all the things that can go wrong and try to find something that has gone right. We are at War, oil is at 55 dollars a barrel, we should look like the picture at the top of the post. We dont. We are not even close, so stop acting like it.

UPDATE I: Washington State Reports its unemployment rate is falling rapidly. The horror, The horror

UPDATE II: Dell Announces its building a factory in Texas. Curse You foul temptress of positive thinking and Be Gone!

UPDATE III: Lucent announces first profit since 2000. (fingers in ears chanting "la-la-la-la not listening")

UPDATE IV: IT Hiring up. Must-not-listen-to-this-must-fight-it

Posted @ October 16, 2004 12:13 AM | Current Events

Comments

Hooverville is a reference to the shantytown that was established in 1931 by unemployed workers in the Seattle area. A brief description can be found here. I too agree that the economy stinks. Every store I go into is hiring, or trying too. So many people are driving to work that my wife jokes they have to drive two cars in case one runs out of gas.

Posted by: Kennethrobrien at October 16, 2004 06:14 AM

Way to go Frank! I loved it. Although I'm jealous of your neighborhood.

Listen, I quit my job in July, cause I'm gett'n too old to beat dents out of car fenders any more, and I don't know nut'n else. Then I wind up in the Hospital with a clogged artery, needed a stent.

So I need some money you know what I mean. I go out to the garage, sold off some hobby stuff on ebay, raise $12,000 in 60 days, money is in the bank (well, was in the bank). What I'm say'n, is what your say'n.

If times are so bad, where are these buyers gett'n this cash? I mean, I don't even have a finance department out in the garage.

And I'm not selling milk and eggs. These are fun things and old car parts and stuff. Well, maybe they'll get the kids shoes next week.

Hey, thanks again for the thoughts.

Posted by: Dan M at October 16, 2004 08:14 AM

The absolute best of luck to you Dan.

As far as your new found method of cash generation, I know of 4 people who do exactly that as their main job. All of them fell into it by accident, but after awhile they found that it paid better than going to a regular job. The Ebay economy is one of the untold stories in the market today. I know of one trandtional business nearby who does nothing but business over ebay. They sell refurbished Tivos, they have 10 full time employees, 2 do nothing but post listings on ebay. They are very popular in australia, although australia doesnt have a tivo network, there is enough people who have hacked them down there to make a market for them.

I also had a friend who set up shop in a kinkos, by making up business cards as a "tech support" person. He got to know the kinkos staff and asked them to hand out his card to anyone who came in with computer problems. He's now making more than he was at his regular job. what does he do? common sense stuff, clean off viruses, defrag hard drives, install and uninstall software, nothing terribly sophisticated but there is a tremendous amount of technology out there and very few places you can go to get real hands on help. The fact that someone has a laptop is no guarantee that they know how to take care of it.

I have another friend who quit the tech biz in 1999 ( before it became fashionable to leave tech jobs) to do nothing but set up home networks in peoples homes. Today, he works with builders and contractors to set up both home networks and home theater systems that are integrated into peoples homes as they are built. His entire source of income is based on the fact that people hate to see wires and also hate to try to route them trhough the walls, its honestly got nothing to do with technology, but people all want a solid network in their homes and they also want a full sized home theatre on day one.

In the 1960s, we were happy to get a phone with an extention in the bedroom. Things have changed a bit since then.

Posted by: Frank Martin at October 16, 2004 10:53 AM

Frank -

Just recently stumbled accross your blog (because of the redesign link posted on Instapundit.)

You are now my favorite read. Witty and very insiteful. Seems like every new post has me saying to someone "hey, you have got to read this.

Keep up the good work!

Posted by: Dave Simon at October 16, 2004 03:23 PM

in no way bragging, things have been so good for my wife and i's business of 25 years, that with our saving and long term stock market investments we have decided to retire at the ripe old age of 49. all done on a high school education. another factor in our decision, thanks to the butt dragging on privatizing social security, why should we keep working and paying into a retirement system that tells me evrey year, pay more and and now talk of extend your retirement age.

Posted by: roberto at October 16, 2004 05:35 PM

Another great post! I'm moving you up on my favorites list so I don't get to you so late in the day.

Posted by: cowboy blob at October 16, 2004 10:39 PM

Amen, Frank. My husband loves to shake his head and mobidly remark, "What a horrible economy" everytime we fight for a parking spot at Costco, everytime we stand in a long line at Best Buy, or when we have to buy tickets to a later show because the movie is sold out. We bought our house five years ago and now they are selling for well over 100k more than we paid. We'd never be able to afford it now. People really don't realize how good they have it. I guess pessimism is easier than optimism.

Posted by: Maureen at October 17, 2004 07:42 AM