Social Studies Current Events: Recession Affecting The Buisness Owners

The recession is affecting everyone and putting some to tears as they realize that they have to close down their business because of the lack of costumers. In this article, a few restaurant owner's opinions and views are described, telling how the atmosphere in their business has instantly changed because of the recession. Because of the recession, the owner of Pierre's tells that he had to make quite a lot of sacrifices in order to save his business. The sacrifices included reducing hours and staff because of the lack of costumers. People are now trying to eat more at home and less out because they want to save their money. Because of this decision by many, small business owners like Pierre Hageboutros and larger business owners Theo Zervos of Theo’s Family Restaurant are losing so much business and are in a quandary as to what to do. My opinion on this matter is quite simple, we cant really do anything about this matter until our economy is stable again, and people are a bit less worried about eating out to save money. It's a shame that local business owners have to undergo such pain of losing costumers and reducing the number of hours and staff due to this horrid recession. I hope that everything in our economy will soon be stable. click over here to see the article