Quote:
iamwhatiseem
Indications I have seen are saying this will be a "gray Friday" as sales are expecting to be lower than before....indeed the retail giants are offering HUGE discounts on popular items to get people in the stores.
Every single person I know is saying they are spending less this Christmas...including us.
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And another prediction of utter doom and gloom goes down in flames!
Seems like "gray friday" was rather pitch black after all, with retail sales increases by much more than predicted (raising 7.2% vs. predictions of 3.5-5.0%, beating expectations by 44-100%) FANTASTIC!!!!!!
This is an amazingly strong and resilient economy we have...as it really has been fundamentally to a greater or lesser extent since 1983 when Reagan unleashed the genie from the bottle in the form of broad-based growth oriented tax rate reductions.
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