Welome back (this is my second round with Terry) to The Steak House Index.
A week before the 2024 presidential election. Always good to get Terry's take on steakhouses and the economy.
0:20 - What is the Steak House Index?
1:06 - What do steak house reservations have to do with the economy?
2:20 - Steak house reservations this year are stable
3:19 - Why Terry Liebman blogs and does Steak House Index
7:35 - Assessing the Treasury report’s data
10:02 - Redirecting readers back to the source
10:35 - Employees want raises, clients want discounts
12:00 - Navigating the post pandemic economy
14:13 - Working from home affects the economy
16:33 - What is counterfactual thinking?
18:45 - Today’s news is more opinion than fact
19:40 - Walter Cronkite's work compared to today’s media
20:36 - Ultimate similarities among differences