The financial meltdown: Is it the Starbucks effect?

The financial meltdown: Is it the Starbucks effect?


Is Starbucks a stock to watch? As a financial indicator who would ever guess that watching a smaller company (and I say this with my tongue in my cheek) would make sense? I would have never guessed until I read this article. Daniel Gross, a columnist for Newsweek suggests that the global financial melt down could be predicted by watching places where Starbucks has set up shop in this article. It's a good read and an interesting take on what could prove to be true in my eyes.

My wife works for the local Starbucks here in Idaho Falls, ID so that the family can have some kind of health insurance. For 20 hours a week Starbucks will reward it's partners with an insurance program through Aetna Insurance. It's darned good insurance too when you consider that it's going to foot 75% of the bill for my daughters braces and for the entire family of 4 it only costs $150 for us to have good insurance. Keep in mind, she's only working about 25 hours a week to have this benefit. Name 2-3 other companies that would offer something similar to this... I'll bet you have a hard time doing so. If, on the other hand, you do find a company that will offer this benefit I'll bet they won't also pay for any schooling you decide to do as Starbucks will.

Make it a great day!

 

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