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Tuesday, January 15, 2008

Economists Proclaim Minnesota to Be in Recession

Big news in Minnesota today. According to economists, our great state has slipped into recession.

Ironically, this news broke after I wrote today's blog entitled "Fears of Recession? Not here."

But there's no irony in the basic principles stated, and I will reiterate them here, with a greater focus on why Docucopies.com will probably not raise prices during the so-called recession.

According to the U.S. Department of Labor, paper and paper products fall into a class with alcoholic beverages, tobacco, drugs, and other products and materials which, for the most part, see no change in demand during times of economic strife.

This means that unlike airline tickets, real estate, recreational vehicles, and other products and services whose sales are largely depended on economic factors, color copies are something that individuals, organizations and businesses are going to need no matter what the economy looks like. (In fact, in some cases, businesses might need color copies even more during economic hardships)

So ye though we walk through the shadow of recession, we shall fear no harm to our business, for supply and demand art with us.

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