I guess those $2 DVD's were just too good to pass up.
Wednesday, December 03, 2008
I'll get up at 4AM tomorrow
If the Big 3 had a nickle for every time I've said that they wouldn't need a bailout. But apparently I'm not the only one making promises to themselves that they can't keep. In my last post I mentioned an article saying 77% of consumers would spend less this Christmas. That same article said 20% would spend the same amount and 3% would spend more. Here is what is actually happening.I guess those $2 DVD's were just too good to pass up.
I guess those $2 DVD's were just too good to pass up.
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I suppose we can write 3.7% of that off as inflation but still those are some surprising numbers. Perhaps consumer confidence is up and this recession won't be so bad. Or perhaps consumer foresight is down and it will be even worse.
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