to concince people that our economy is so bad? Headlines like the one Yahoo news used must not be working....the stores are crammed....Why are the people ignoring their doom and gloom headlines?
"Despite economy", malls and stores jammed
The "aggressive tactics" — "bigger discounts" and "expanded hours" like midnight openings — "apparently worked" Friday. Based on early reports, Macy's Inc., Toys "R" Us, K-B Toys Inc. and others that pushed big price cuts, reported bigger crowds for the early morning bargains than a year ago. Target Corp. and Wal-Mart Stores Inc., said they were also pleased with the shopper turnout.
http://news.yahoo.com/s/ap/20071124/ap_on_bi_ge/holiday_shopping
2007-11-23 22:38:34 · 8 answers · asked by Anonymous in Politics & Government ➔ Politics
Jean C...what can we do to tell these people who don't know any better to stop spending????...why are they so missinformed???....why aren't they as smart as you??? they need help!!
2007-11-24 00:49:06 · update #1
Monkey M...someone forgot to tell me how good the economy was during clinton..I was in the unemployment line though most of it........now, I'm on manditory overtime and the company I work for is hiring more people then I've ever seen.....
2007-11-24 08:36:13 · update #2
Nothing under Bush can possibly be concieved of as a success even if it is like national security and the economy which are probably the 2 most important things behind moral issues of coarse.
The liberal response to 9/11 and katrina wouldve been raising taxes, and the big ugly US deserved it being continuing proof we need to stay out of the world and appease terrorists. Higher taxes and weakness make for bad national security, and a horrible economy.
2007-11-24 10:29:07 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Considering the GOP "sky is falling" chicken littles were running around screaming during Bill Clinton's tenure, even though we were running massive growth, and deficits fell from 390 billion to zero, and the markets were making millionaires daily?
This time around people are actually losing their houses, jobs, and 401k's. The last time it was this bad was during Ronald Reagan and George HW Bush, when the FDIC, FSLIC, and RTC all went broke paying off all the debt created by private industry.
2007-11-24 06:17:52 · answer #2 · answered by Monkey M 2 · 0⤊ 1⤋
just remember its all depends on how many idiots that took an adjustable rate mortgage at such a low rate that it could only go up default on their house payments will determine how bad the economy gets the reason the dollar value is going down is that the fed lowered rates so the idiots that couldn't pay their arm could which pushed more money into the economy and drove the dollar down
2007-11-23 22:56:02 · answer #3 · answered by gus1023 5 · 1⤊ 1⤋
the economy is not doing that badly but they may still be a recession triggered by the housing crisis. if the housing crisis begins to turn into a general credit crisis then the economy will fall into a recession.
2007-11-23 22:43:40 · answer #4 · answered by Gengi 5 · 3⤊ 1⤋
I believe the US economy is as good as it can get. The craziness on "black Friday" is meaningless. It is an aberration in retailing, compared to the rest of the year.
Liberals don't care about the truth. They want to take over the government.
2007-11-23 22:49:46 · answer #5 · answered by regerugged 7 · 5⤊ 3⤋
Don't you love those obvious slants?
They'll soon realize that their info is transparent and stop reporting it altogether.
2007-11-24 05:43:37 · answer #6 · answered by wider scope 7 · 3⤊ 0⤋
sorry to clue you in, the economy is not doing well at all, the dollars value is low and getting worse, people will shop, but they are buying on credit because they dont have the cash.
2007-11-23 22:54:03 · answer #7 · answered by Anonymous · 5⤊ 4⤋
their is nothing they can do that will make any difference!
just like always!
2007-11-24 01:06:42 · answer #8 · answered by realitycheck 3 · 4⤊ 1⤋