Posted on 11/12/2008 5:49:16 AM PST by Red in Blue PA
U.S. holiday retail sales will fall 1 percent this year, according to America's Research Group, marking the first time the research firm has forecast a decline in almost a quarter century of surveys.
"This year looks so bad that even normally good signs for retail sales, such as more Americans staying home this Christmas, can't save the season for retailers," said C. Britt Beemer, CEO and founder of the research group, in a news release.
(Excerpt) Read more at cnbc.com ...
Right after obamas tax cuts.
If I had a dime for every time I hear this story around this time of year, I’d be able to afford gifts!
Cutting spending in half at least. We just don’t know if we might need that money to buy gas or food down the road. Not taking any chances.
The word Holiday has replaced Christmas.
Just keeping up with the Obamas.
They don’t give their kids Christmas presents.
As the Obamas said, America’s traditions have to CHANGE.
I know everyone I know is drawing names this Christmas and my kids have already been told that Santa is on a budget.
I have a feeling you are in a minority.
DAMN STRAIGHT! Well, maybe since the early days ofthe reagan days, and they skipped a couple of the clinton crime spreee years. But yeah, every year, it's the same thing.
Maye so. But, As I saw an evangelist on TV say last night, “You must give in order to receive. That’s God’s rule”...........
It will be memorable for my kids regardless-my grandfather was a prolific putterer, and one of his pet projects was candy making. My childhood is loaded with memories of watching him in his craft-he would send out his candy at Christmastime in 1 lb coffee cans all across the country for $1 a pound. In my grandmother's diary she speaks of one year he made over $300 (that's a lot of candy!) I have his original pot, thermometer and marble slab.
We've attempted to make it a few times, and the girls want to try again-it will make an excellent Christmas project.
Outside of ammo and guns I will spend as little as possible until Capitalism returns to America.
LLS
Be careful though. Lots of stories about how stores going bankrupt don’t have to honor gift certificates.
I wouldnt give a gift certificate. I would give a check. This is too interesting a year to give someone else’s promise.
Bailout? Bailout for what? To limp along, still stifled and strangled by the old mistakes and cumulative error that creeps into every enterprise?
Failure and restructuring is the antidote for this systemic poisoning that occurs, and merely propping up the corpse does not necessarily revive it. Making the corpse into a marionette dancing on strings does provide a grotesque mimicry of life, but it is not life.
Ford, GM and Chrysler go broke, UAW goes broke. Because Toyota, Honda, Nissan and Dailmer-Benz will not agree to the terms UAW demands of every other “domestic” automobile manufacturer.
Murdering the golden goose is sometimes the merciful thing to do, considering the disrespect that golden goose receives in life.
“U.S. holiday retail sales will fall 1 percent this year..”
Not Firearms and ammo!! I’m pretty sure sporting goods retailers are going to make a bundle this Christmas.
We’re cutting way back. My wife and I have been too extravagent with our grandchildren for years now. They live in ID and we live in VA and only get to spend a couple of weeks a year with them so we tend to go overboard at Christmas. Not this year though...we’re planning on spending less than half of what we spent last year.
Geeze the holiday shopping season hasn’t even started yet and they’re already trotting out the “worst holiday season ever” stories. The guys need to fix their calendars, second week of November is when the “worst flu season ever” stories should be getting published.
And no, I don’t believe them.
Actually “worst Christmas ever” stories even hit during the Clinton years. Regardless of who’s in the White House the press still loves bad news. They aren’t quite as addicted to it when there’s a Dem, but they still love bad news. And some bad news is traditional, you know how important tradition is during the holidays.
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