UpperMidwest

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  • in reply to: Frum Economy #683612
    UpperMidwest
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    Sadly, yes, these are truly frum businesses/institutions. To answer Dr. Pepper, I am contractually obligated to call them, so yes, I have many times. They are all aware of the issues it is causing. Frankly, they are not being paid by their frum clients who apparently they tell me are not being paid by their frum clients and that is what is causing this ripple effect (in 3 of the 5 cases)…. This is elementary economics. If Zaidy has a dry-goods store, worked hard, and made and saved a substantial amount of money, then married off his 4 kids. 2 of those 4 kids went into chinuch and needed ongoing financial assistance to pay tuition, mortgage and bills and each of those 2 had 6 kids each and they all married (for no less than $30k a wedding) and went into Kollel or married into kollel and all need help, Zaidies money is spread pretty thin and all of them are paying substantially reduced or no tuition, so all of those grand and great grandkids are being educated with scholarships that dont exist, then, lo and behold the school cant pay their rebbeim and suppliers properly or at all, thus the rebbeim need support from their parents/grandparents and on and on and on…. multiplied by thousands and thousands of the same story….. Is it sustainable? What do we do? I know that this is reaching a tipping point. My friends in other businesses all over the country are saying the same thing. The frum businesses, by and large cant or struggle to pay their bills on time or at all… Much much worse than just 5 years ago…

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