Friday, November 23, 2012
Better than Even
This is the season many retailers big and small have hoped would make their year. Crowds certainly gathered to grab seemingly amazing bargains at Nashville and national stores, but what this augurs for America's economic health can not yet be determined. People are spending now on items they perceive to be good values because (obviously) everyone loves a bargain but seeing long lines of shoppers on Black Friday by no means indicates the US economy is out of the woods. We shall see whose bull is gored in the fiscal cliff negotiations and then know just how much consumer-driven capitalism the Great Leader shall tolerate.
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