Judging from this sign (and its unsettling verbiage), Gray’s Papaya isn’t counting on the tax rebates. So it’s offering its own version of economic relief:
Photo: Jay JonesA cafe in Venice is doing something similar for subprime victims.
Any other instances of recession discounts?
Addendum: Apparently Gray’s Papaya has been offering their discount for a few years — pessimism or just a popular deal?
and 
. You can also watch it on 
Gray’s Papaya has been offering its “Recession Special” since at least 1998.
Don’t put too much stock into the Recession special at Gray’s Papaya as a harbinger of economic tidings – they’ve been running that deal for years.
And beyond the fact that it has existed for years, they recently raised the price of their “recession special.”
Wouldn’t a ‘Recession Special’ do away with price-stickiness? The price level would adjust downwards and all the good stuff that then would follow.
I guess it depends on the price elasticity of demand for each product.
Gray’s Papaya has been running that special for a long time – unfortunately the base price of their hot dogs/juices have been rising to my dismay
At the current price there are healthier substitutes for the same price (approximately).
I saw the “recession special” in 1993.
The Broadway musical Avenue Q has been offering this deal:
“Kinda broke? Recession special for Q fans:
Tix as low as $36.50
What better way to shake off the
“oh-snap-the-economy-is-tanking” blues
than affordable tickets to AVENUE Q, Broadway’s
super-funny Tony?-winning musical about real life?!”
you don’t put up a neon sign for period. that is a commitment to a sale. a $1 sale.