Posted by kyhayman on December 07, 2008 at 17:40:49 from (75.104.128.38):
In Reply to: OT The Economy posted by Benji Smith on December 07, 2008 at 12:42:27:
So far, for me personally, things are still ok. I guess people will feed their horses regardless. With the drought here, and low hay supplies after last years drought I've been able to hold my price. Sales are brisk and the break in fuel prices has cut my overhead some on what hay Im bringing in. Custom work, skid loader, and dozer work has been scarce except for some government cost share jobs. But, all in all, I've stayed as busy as I want to. With that said, I've noticed that a lot of my accounts are slower to pay than usual, and Im carrying way more people's paper than I like, but the amount Im carrying is actually lower than normal.
I've cut back some, in a lot of areas. When fuel jumped I started driving the car more. Quit buying diesel 500 or a 1000 gallons at a time and bought it for the job when I got the bid. I'm going to cut back on holiday spending too, just to be safe, but all in all, things are pretty ok. I dont owe anybody for anything and generally operate with the philosophy, if I cant pay for it I dont need it.
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