I have a question.

D

DE Wrangler 2

Guest
Everyone will agree that the economy is not very good.......in fact, in my field of work, it reallys sucks right now. I just read this article on the Fox News site. Seems the retailers are really crying about the Holiday Season being such a bad one this year. If you read the article you might notice, as I did, that they had projected a 5% growth over last year..........but they are (so far) only growing at 1.5%. Granted, that is not what they expected........but IT IS growth!! Why does this translate to "disaster"? Hell, I'm down a lot more than that from last year.......actually in the negative if you take last year over this year!

Not to get into the politics of it all because politics regarding economy take years to come about. I just see retailers crying for more government help........something that is a big factor in how the economy will grow or fall over the years. Money makes this country flourish but if the government takes it all then how does it get distributed? I spent as much as I could afford this year........and now, I'm made to feel I needed to do more!:)

:bs:

Go cry to someone else.


http://www.foxnews.com/story/0,2933,73851,00.html
 
It translates into disaster b/c companies invested money into things hoping they would have that 5% boost this Xmas. With it only being 1.5%, it hurts businesses. Consumers are buying more, but with all the sales this holiday, we were getting it for less.

Once the season is over and stores try to see if they made any money over their expenses, you might actually see some more store closings. Kmart is rumored to be closing 600-700 stores after Xmas, and there could be more stores following behind it. More stores closing could hurt the economy even more.

I just hope that Bush's answer to rebounding the ecomony will not be starting a war with Iraq.
 
So that's how it works.:) I'm expecting to increase my spendable cash next year by 5%.......hey, with that I could buy me a brand new Dodge Viper!! Only, as a responsible purchaser, I still have to ask......."What happens if I only increase by 2%?" Hmmmmmmmm..........is that a good idea? Will Tom (my next door neighbor) help me out?

The point, rpm, is why should I be able to cry disaster on a maybe? Should Tom, or anyone else "feel my pain"? Bush has nothing to do with it..........no matter what the world politics are. I made the mistake.........not my neighbors.:(
 
I agree, we shouldn't be expected to continuously increase the amount of money we are spending each season. No wonder our economy is hurting, b/c they always expect us to buy more and more and more.

I think many companies that were struggling this year were hoping that consumers were waiting for the holidays to start spending more cash. It looks like we did, but not as much as they were hoping.

A 1.5% increase should not be a disaster, but we will see after this holiday season if it really was or not.
 
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