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To: dhs12345
Businesses will have to either charge more for what they make and do or close up shop. Will consumers be willing to pay more?

No - the American consumer is already refusing to buy quality. They want the cheapest stuff they can find, instead. We're already seeing a general refusal to buy quality at quality prices just compared to Spring, 2012 - when the quality product was a much easier sell. Mid-level retailers are going to get massacred in 2013. It's Louis Vuitton and Wal-Mart...and nothing in between.

My hiring plans? We'll probably hire 5 to 7 people next year - and fire 6 to 8. :)

14 posted on 12/07/2012 9:21:09 AM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: Mr. Jeeves

Consumers won’t pay more when their wages are stagnant or non-existant because they are unemployed.

Mid-level — what percentage? Bet it is high. 75%?

Good luck!


16 posted on 12/07/2012 10:30:02 AM PST by dhs12345
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