Reply #19: What I think is a better barometer of the economy... [View All]

[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!