Thursday, July 31, 2008

We met at Starbucks ... but not the same Starbucks



This amusing clip from the mockumentary Best in Show has Parker Posey and Michael Hitchcock reminiscing on how they met at Starbucks ... but not the same Starbucks; the outlets were across the street from each other. Starbucks was relentlessly opening new outlets, and is now paying for it in a more strained economy by having to close about 600 stores in the US. In some ways, it's a symbol of the excesses of the US economy that were enabled by Alan Greenspan's loose fiscal policies. However, the economy may have changed permanently, and the excesses of the past are catching up with the US. Americans have very often been frugal folks, and perhaps it's best for the country to return to that in an age of resource constraints and global warming.

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