The Texas recession is only in its early innings, but we were pleasantly surprised to learn, courtesy of a reader, that it may not be as severe as some expect thanks to good samaritans such Houston-based Gramercy Cleaners on Richmond avenue whose compassion with the imploding energy sector is manifesting itself in service discounts.
When the shale crisis spills over to the banking sector, will we see New York cleaners likewise discounting services to laid off investment bankers? Somehow we doubt it.