Timber! Ponderosa falls

Ponderosa has filed for Chapter 11 bankruptcy. Restaurants are not a necessity and is part of a cost of living reduction many people take when the times get tough or have been affected by loss of income or reduced income due to layoffs, job change after layoff, or even reduced working hours. As with reduced shopping, reduced services are to be expected. Suddenly, less ironed shirts are needed or more time is freed up to do the ironing oneself. Less restaurant meals and more cook at home, brown bagged lunches, or fast food. Less car washes. Less spa treatments. More in-home fingernail care. I see the future and it is that trend continuing for some time.