Tokenconservative
Banned
- Joined
- Sep 12, 2007
- Messages
- 2,202
Just as with gasoline, when the price creeps up $.10-.15 over a three week period and the headlines scream about it, and this civilization-destroying "spike" leads the nightly "news"casts every night for weeks, we are reading/hearing how retail sales are "sluggish" or so low that it does not bode well for our economy in the coming year.
Turns out, natch, that that's not QUITE true. As always, what's going on (so far) this Holiday season (and it just "officially" started 2 days ago) is that retailers are experiencing fewer sales than they hoped for, but nothing like the Depression-era sales that the media is telling us we should expect.
If only. And of course, the media only vaguely mention online sales....
So the question is this: will they, after the seaon closes and sales are either good, or hot, offer a mea culpa and admit that the US economy is roaring along?
I am laying 6:1 odds against. Who's in?
Edit: Reports in this a.m (Sunday) despite doom-and-gloom saying by the left-advocacy media hoping to make us believe the economy is in the doldrums--or worse--in the run up to electing Hillary, are that spending on Black Friday (the Friday after Thanksgiving, so named as retailers look to this day to put them "in the black"--meaning profitability) is up 8% over spending on the same day last year.
Tokie
Turns out, natch, that that's not QUITE true. As always, what's going on (so far) this Holiday season (and it just "officially" started 2 days ago) is that retailers are experiencing fewer sales than they hoped for, but nothing like the Depression-era sales that the media is telling us we should expect.
If only. And of course, the media only vaguely mention online sales....
So the question is this: will they, after the seaon closes and sales are either good, or hot, offer a mea culpa and admit that the US economy is roaring along?
I am laying 6:1 odds against. Who's in?
Edit: Reports in this a.m (Sunday) despite doom-and-gloom saying by the left-advocacy media hoping to make us believe the economy is in the doldrums--or worse--in the run up to electing Hillary, are that spending on Black Friday (the Friday after Thanksgiving, so named as retailers look to this day to put them "in the black"--meaning profitability) is up 8% over spending on the same day last year.
Tokie
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