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View Poll Results: Has the national economic crunch affected your homebrewing?
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Economy?? Fannie Mae Shannie Mae. I'm brewing just as often and I am upgrading my brewery as usual.
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68 |
61.82% |
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A little. I'm spending a little less now, and brewing less often.
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20 |
18.18% |
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Yes. I'm still brewing, but I'm now waiting to upgrade my brewery.
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17 |
15.45% |
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Definitely. Times are bad. I'm brewing a lot less often, and I've put off my upgrades.
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5 |
4.55% |
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10-06-2008, 04:44 PM
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#1
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Location: Bay Area, CA
Posts: 238
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Brewing less because of financial crisis?
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I just read an article about how Americans are spending less recently because of doubts in the financial market. Here's the article if you're interested: http://www.nytimes.com/2008/10/06/business/06econ.html?_r=1&hp&oref=slogin
Anyways, this made me think: is the financial crunch affecting homebrewers? Homebrewing is a luxury (well...maybe a necessity for many  ) that many people might be cutting out of their personal budgets during these harder times.
Have homebrewers cut back/stopped brewing because of economic worries? Have people put off their planned homebrewing upgrades (eg. are waiting to get that SS conical, or go AG) until the economy improves?
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Bridger Brewing Co.
primary: Belgian wit
secondary:oatmeal stout
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on tap: Northern Brewer/Vienna SMaSH
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Last edited by quixotic; 10-06-2008 at 04:56 PM.
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10-06-2008, 04:59 PM
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#2
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Join Date: Feb 2007
Location: Cleveland
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Not directly because of the economy but because I need to pay off some debt and do some home repairs. So I'm not brewing less but am putting on hold my kegerator purchase and will probably use Costco honey instead of the good stuff for my Cyser.
Craig
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10-06-2008, 05:03 PM
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#3
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Senior Member
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Location: Eastern Colorado
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The way I see it...>Commerce is THE ONLY THING that drives the economy! Cutting back my spending wil only make things worse.
If I quit brewing, Brew store loses a customer, brew store Loses enough customers, he'll have a hard time paying employees, Employees loose a job, then families go hungry. BULL ****! Not on my dime! I'll just brew thanks.
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It's Not The Size Of Your Rig That Counts....It's How Often You Use It.
Quote:
Originally Posted by TxBrew
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10-06-2008, 05:14 PM
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#4
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Location: Lesotho
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Quote:
Originally Posted by BigKahuna
The way I see it...>Commerce is THE ONLY THING that drives the economy! Cutting back my spending wil only make things worse.
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That is all fine and good as long as you know how to keep a budget and spend within your limits. its people spending money when they don't have it and the banks just giving out more and more loans and lines of credit that got us into this mess.
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10-06-2008, 05:16 PM
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#5
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Location: Union City, CA
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I am brewing less, but because I have a 5mo. old girl needs my attention and a 3.5yr old who wants to take that attention away from the 5mo old!
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10-06-2008, 05:17 PM
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#6
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Join Date: Dec 2007
Location: Oconomowoc, Wisconsin
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Liked 94 Times on 84 Posts Likes Given: 11
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Quote:
Originally Posted by Parker36
That is all fine and good as long as you know how to keep a budget and spend within your limits. its people spending money when they don't have it and the banks just giving out more and more loans and lines of credit that got us into this mess.
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If you are homebrewing on credit, I think it is time to join a group and start attending some meetings....
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10-06-2008, 05:19 PM
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#7
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10th-Level Beer Nerd
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Join Date: May 2006
Location: Adams, MA
Posts: 19,853
Liked 239 Times on 190 Posts Likes Given: 53
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If things continue as they are, I'll soon be unemployed and brewing beer all day!
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10-06-2008, 05:31 PM
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#8
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Location: Maryland
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I'm going to cut back on IPAs because of hop prices and my thirsty friends. Still brewing though. 
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Redskins SUCK !! lol.
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10-06-2008, 05:35 PM
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#9
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AFK ATM
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Quote:
Originally Posted by BigKahuna
The way I see it...>Commerce is THE ONLY THING that drives the economy! Cutting back my spending wil only make things worse.
If I quit brewing, Brew store loses a customer, brew store Loses enough customers, he'll have a hard time paying employees, Employees loose a job, then families go hungry. BULL ****! Not on my dime! I'll just brew thanks.
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+1
As long as I am employed at my current job my day to day budget will not be affected by the current financial mess so I'll keep on spending within that budget. Now, if the current financial mess leads to me being unemployed, then I will probably cut way back on brewing (or I might just join the_bird and brew all day every day, depends on how bleak my prospects look).
In general it bugs me that normal people (ie. those of us that aren't heavily invested in the stock market/don't work in the financial industry) are blowing a nutty over this thing. I understand that everyone's 401K is getting hit, but unless you plan on retiring tomorrow it'll recover. As long as you still have your same job and same level of expenses, nothing should change for you, but maybe that's just me.
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And now we go AG!
On Tap: Nadda
Primary: Nadda
Planning: Extra Special Bitter
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10-06-2008, 05:42 PM
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#10
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Senior Member
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Location: Eastern Colorado
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Quote:
Originally Posted by TheJadedDog
(or I might just join the_bird and brew all day every day, depends on how bleak my prospects look).
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Remember the episode of the Simpsons when Homer Became the Beer Barron? If this economic crunch falls too much more...people are going to be looking to us for consolation. You knwo that there are some Slim Shady Characters out there that might take a few bucks to brew up someting wicked for the local speakeasy.
Damn! Bud's still got us beat on cost though!
__________________
Seriously. I'm here for BEER
It's Not The Size Of Your Rig That Counts....It's How Often You Use It.
Quote:
Originally Posted by TxBrew
This forum is like America's money spread. 90% of the posts were created by 1% of the community.
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