What recession?

As I was sitting on the plane back from New York City on Monday afternoon, I was reflecting back to our visit to the city where companies may have been hardest hit due to the current financial crisis. I realized that there was only minimal indication that there was anything wrong. People were not desperately panicking in the streets, there were not signs everywhere about businesses going out of business. In fact, there were lots of people shopping and going to shows and spending money. Of course there were lower prices and it was a little bit easier to get a hotel room at a reasonable price, but if I did not know any better, I would have asked 'what recession?'

On Sunday night, my wife and I met some friends at a restaurant called Kefi on the upper West side. The place was packed. And I mean packed. Both floors of the restaurant were full with patrons and the bar was crawling with people waiting for a table. This was at 9:00pm on a Sunday night. Again, it made me think 'what recession?' People are still going to go out, people are still going to spend money and people are still going to want a distraction from what they read in newspapers and magazines and what they see on the TV news. It all reminded me how resilient we can be and gave me optimism that we are going to be stronger and more innovative coming out of these tough times. Whenever you doubt that this will end, think of Kefi and how things can surprise you, even in the toughest of times.


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