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WDBO Local News

Is it the end of the "Starbucks era?"

By
Zack Stein
@ January 12, 2009 5:00 AM
Permalink | Comments (0) | TrackBacks (0)
WDBO's Clark Howard calls it the end of the Starbucks era - noting that people are reeling in their discretionary spending. "It is, in some ways, the end of an era," Howard said. "And to me a symbol: now we're worried."

UCF economist Sean Snaith agrees with Clark Howard, saying consumers are going for basic needs - and that's it. "Economic Darwinism taking place. Survival of the fittest."

Some Orlando residents like this man say let the change begin. "I think this is a good thing, now we're getting to the real world. We'll buy a dollar cup of coffee."

Others say they make sacrifices to keep the status quo. "Drinking coffee and smoking cigarettes is my lifestyle. I couldn't give that up. I'll give up other things."


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