Wednesdays
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Thu Oct-30-03 06:37 PM
Response to Original message |
19. What I think is a better barometer of the economy... |
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Edited on Thu Oct-30-03 06:39 PM by Wednesdays
Last year after Christmas, I noticed at Sears etc. there were stacks and stacks of unsold items such as microwaves and other "gift"-type items. And there were also many smaller items that they couldn't sell, even at a 75% (or more) discount! Christmas items sat on shelves for months...they could hardly get people to buy if their lives depended upon it. I had never seen that before in my life.
Regardless of the rosy "numbers," let's see if that happens again this year.
On edit: don't forget that some of the White House's best friends are the Enron folks who employed the Andersen technique of bookkeeping!
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