What is the excuse "Not in this Economy" when buying/selling a game?

Starting a thread like this is literally visual suicide but I believe there are two definitions of bad economy. The one that hasn't been defined is the klov version. Think about this for a minute, other than meeting some new friends and getting some artwork projects done, what has this forum really done for the arcade economy? It certainly has produced plenty of whiners and tightwads.and damn I'm so proud to be a part of it.
 
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Starting a thread like this is literally visual suicide but I believe there are two definitions of bad economy. The one that hasn't been defined is the klov version. Think about this for a minute, other than meeting some new friends and getting some artwork projects done, what has this forum really done for the arcade economy? It certainly has produced plenty of whiners and tightwads.and damn I'm so proud to be a part of it.

I think this web site provides a lot of value for the collecting community.

I think overall there are probably several causes for the low prices many people are willing to pay for games;

1) Economy
2) Examples of cheap pick ups
3) Lack of interest
 
I think this web site provides a lot of value for the collecting community.

I think overall there are probably several causes for the low prices many people are willing to pay for games;

1) Economy
2) Examples of cheap pick ups
3) Lack of interest
I know my boss used the economy as an excuse to not give me a raise last year and give me about .7% (yes less than 1%) this year despite the fact that we are the busiest we have ever been since I have worked here. If you look at unemployment, underemployment and the situation of many in businesses that are actually way down, I don't know how you could conclude anything other than the economy is a major factor, especially when it comes to non essential purchases like our hobby. Of course, genuinely rare/desireable pieces will always be the exception.
 
I'm out a job right now because the company I worked for tanked. Could be the economy, could be poor decisions on their part.

I do see the "I got XXX game for $50" and think to myself "there is still hope" for finding games out there cheap. BUT, I have still paid what I consider to be top dollar, or fair asking price, for games I want. I picked up a game for $300, and since, I have seen a few go for $150 or even less.

I will still pay what I can, if it's a game I want, and I can scrounge up the cash/gas money for it. not that anyone cares what I'm saying...
 
BUT, I have still paid what I consider to be top dollar, or fair asking price, for games I want. I picked up a game for $300, and since, I have seen a few go for $150 or even less.
I would venture to guess that this happens more than we know and some just do not post about what they paid for fear of unnecessary ridicule.
 
I know my boss used the economy as an excuse to not give me a raise last year and give me about .7% (yes less than 1%) this year despite the fact that we are the busiest we have ever been since I have worked here. If you look at unemployment, underemployment and the situation of many in businesses that are actually way down, I don't know how you could conclude anything other than the economy is a major factor, especially when it comes to non essential purchases like our hobby. Of course, genuinely rare/desireable pieces will always be the exception.

Like Stargate cabaret...
 
I think that sell-ability varies with season more than it does with anything else.

Buy now and during the late summer.

Sell at tax time.
 
For me, it is more accurate to state "not with the morons currently in Congress and the White House"...

As they spend more expanding the size of government, they invariably have to tax people more. My taxes continue to climb every year and the cost of everything goes up. I get raises and bonuses each year, but the differential between coming in and going out shrinks, which leaves less money for "fun stuff".

The best way to get an economy back on track and growing is to let the people keep more of their money, not take it away, use a ton of it on new and expanding government agencies, and then redistribute what is left.

It's basic Economics, the stuff we learned in ECON 101 in college. Heck, I wrote a large research paper in graduate school on why national health care doesn't and wouldn't work, yet here the politicians are back trying it again.

On second thought, bag all of what I said and let's have Congress create an "Arcade Game Entitlement Program". They can tax the **** out of us and use that money on the new "Arcade Game Federal Provisioning Organization" and make it the goal to place one vintage arcade game with every American family. A PacMan in every pot and a Tron in every garage... ;) <- this paragraph entirely done tongue in cheek
 
I made about $12K less in 2009 than I did in 2008. I am on track to make about $2K less in 2010 than I did in 2009. Add in another mouth to feed and yeah, things are getting tight. I've had virtually ZERO activity on a number of cabs I have up for sale in months. The last cab I sold was a Terminator 2 for $400...

...the last pin was a Secret Service for $600 who the owner never took possession and is now asking me re-sell it for her.
 
An accountant can't make prices of stuff go down or my taxes go down any further. I need a new Congress and President... ;)

How did your taxes go up?

nominal rate?
effective rate?
nominal amount?
what years?

I'd be interested to know how that congress and President did this to you. The only way your federal taxes could have gone up is if your situation changed. Say you bought a house in one year (and took the credit), or say your kid turned 18. Or perhaps you made a considerable amount more (which could change the effective rate slightly).

And an accountant can't change the tax law, but she can apply them properly.
 
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Totally inaccurate IMO. I don't want to go down the 'woe is me' path of what has happened to me and my career in the past 2 years, but I will definitely agree money is tight with alot of folks right now.
Tight money for some means cheap games for people who have it. This is a great time to build your collection if you have the dough.
Glennon
 
EVERYTHING works in cycles...

The economy HAS been very bad for many people, particularly within the last 18 months. I own a company that manufactures "luxury" items for automobiles, and EVERYONE within the automotive aftermarket has been operating at a sales level of anywhere between 33 to 40% of what they were at just over 24 months ago. The unemployment rate has RISEN back up to 9.8%, and MANY millions of people whose unemployment benefits are about to start expiring (because they have been collecting for almost NINETY NINE WEEKS), are expecting the government to EXTEND these benefits so that there will not be a "disruption of their payments" ...as if it was an inconvienence like, say, your cable television and high speed internet service going down. These payments WILL get extended as part of the "compromise", and lazy ass people can rest easy during the holidays.

TO THESE PEOPLE WHO HAVE BEEN UNEMPLOYED FOR TWO YEARS AND HAVE NOT MADE AN EFFORT TO GET ANOTHER JOB: YOU ARE PART OF THE PROBLEM! I don't care if you have to work at a burger joint or dig ditches. Get off your ass and work for a living. There is simply NO EXCUSE for this lifestyle choice. There are PLENTY of places hiring people for all sorts of jobs. NO JOB is beneath anyone in times such as these. Personally, I wouldn't be able to sleep at night if I was being supported by the US taxpayers, and would do ANYTHING AND EVERYTHING necessary to find gainful employment.

We are currently going through a time in our country that is quite unusual. The fact that tax rates look like they are going to stay at the same level is a GREAT thing for the economy. You will notice that ever since the recent elections, the stock market has been looking favorable. If the tax rates are not held at the same level, and are allowed to rise, things will ABSOLUTELY get worse.

Think about this: Obama's #1 campaign trick was to promote class warfare by PROMISING to "stick it to the rich guy" to make the less fortunate feel better about themselves. Just this week, he actually ADMITTED that allowing US citizens to keep more of their hard-earned money would be BETTER for the economy than allowing the tax rates to go back up! ??? Think about that. Whether it is his way for "giving in" to the wishes of the people or perhaps a way to help ensure that he will not be despised "quite so much" when the 2012 elections hit, this is a DRASTIC departure from his outspoken nature regarding the Bush tax cuts. He has been VERY outspoken against them, and yet here he is, allowing them to be "renewed". If this does NOT go through, mark my words, the economy will go back into recession next year.

Business has been strong for us within the last several months. November, which is usually the WORST month in our industry, was up over 50% as compared to last year. I am CAUTIOUSLY optomistic, but if the tax rates are allowed to go back up, watch out!

Lee
 
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