you know the economy sucks when Micky D's starts laying off and closing

[greenbriar]

Business - AP


McDonald's Lowers Restaurant Openings

Sat Aug 7, 5:06 AM ET Add Business - AP to My Yahoo!



OAK BROOK, Ill - Fast-food giant McDonald's Corp., in its quarterly filing with the Securities and Exchange Commission (news - web sites), lowered the number of full-menu restaurants it plans to open this year to 500 from 550.





Oak Brook-based McDonald's also said it will open 250 smaller, limited-menu restaurants instead of the planned 300, and close 200 traditional restaurants and 150 limited-menu restaurants.


"This is the result of the refinement of the numbers as we go through the year," McDonald's spokesman William Whitman said Friday. "It is not a signal of a strategy change or a shift of our focus."


Whitman would not say where the openings or closings would take place. McDonald's has more than 30,000 restaurants worldwide, including about 13,000 in the United States.

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more at


http://story.news.yahoo.com/news?tmpl=story&cid=509&ncid=509&e=3&u=/ap/20040807/ap_on_bi_ge/mcdonald_s_sec

[HamHocks4Kerry]

1. Guess we will se a decline in the "manufacturing sector"...

since slapping patties on buns is, under the Bush definition, now a manufacturing job. :eyes:

[greenbriar]

2. hehe

boosh just can't win at anything can he :)

[smirkymonkey]

3. I knew it was only a matter of time before the manufacturing

sector would catch up with the rest of the market. Cough, cough!

How bad do things have to get before even freepers realize they're being screwed by this economy?

[HamHocks4Kerry]

5. When they get their pink slips at Jack in the Box tomorrow,

They will realize it. :-)

[smirkymonkey]

6. Welcome to DU, HamHocks!

:hi: :toast:

[HamHocks4Kerry]

10. Thanks.

Everyone here is really nice so far. Good conversation. I might have to hang around a little while. :hi:

[MikeG]

4. At least the jobs won't go to India. They don't eat burgers.

They worship them.

[Lefty48197]

8. They don't eat freedom fries cooked in beef fat either

well not anymore they don't.

[Lefty48197]

7. "Today's jobs report shows that the economy is moving forward"

Dumbyah said that this past week, believe it or not...

[daligirrl]

11. Ahem. . .

The economy IS moving forward. .. for those of us making more than $100,000 a year. It's just peachy then!

[Cleita]

9. When people can't afford to pay for the cheapest garbage out

there, we do have a problem.

[greenbriar]

12. exactly right

and rising gas prices, inflation, intrest rates, college tuition, grocery bills ect...



but yes the economy is doing better eh bush

[greenbriar]

13. kick for the sunday

crowd