People have scrimped and saved, sweating out inflation and their devalued money, and now they can get some deals they can afford. Watch the media pump it up as a sign the economy is improving. That will go along with a boost in employment preceding a sharp drop in January.
People sleep out 10+ hours in the rain to save $100....then spend time shopping.
Not much “savings” when you view it on a per hour basis.
RE: “People have scrimped and saved, sweating out inflation and their devalued money, and now they can get some deals they can afford. Watch the media pump it up as a sign the economy is improving. That will go along with a boost in employment preceding a sharp drop in January.”
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I’m not so sure the folks are scrimping and saving to get deals — seems to me it’s more like they are letting go of their welfare $$.
News reports (and video) from stores here in L.A. reflect that stores have been packed with people buying the latest electronics and similar gadgets, along with whatever else they think is a ‘bargain’ — and they are paying cash. Hmmm.............
And those ‘shoppers’ I’ve seen on the news don’t look like the people who shop where I like to shop — at the stores that did NOT open on Thanksgiving, or in the middle of the night or 5 a.m. Call me a snob but I prefer not making my Christmas purchases, including clothing, at stores that use grocery carts!