Saturday, December 19, 2015

The nice thing about having a Democrat in the White House is that there is never any bad news...

....although "unexpected" things do happen - such as warm weather depressing Christmas shopping because people don't want to go out into the...uhm "balmy"... but its not enough to be considered to be considered a crisis.

//Maybe, just maybe — no, make that probably — this "strategic buying" behavior, which the press would likely consider alarming if it were occurring during a Republican or conservative presidential administration, is occurring because people don't have a lot of discretionary money to spend because of the pathetic economy of the past seven years. To the extent that people want to cut back on clothing, gambling on the coming winter months remaining mild, they should have more money to buy electronics, toys, jewelry, cloting accessories and the thousands of Star Wars knick-knacks hitting the shelves (my favorite — that's sarcasm — is the toaster that burns the Star Wars logo onto the victimized bread; it's a bargain at $50).

The National Retail Federation is keeping hope alive, but of course that's their job:

The National Retail Federation, nation's largest retail group, is sticking by its prediction earlier in the season that sales in November and December will rise 3.7 percent to $630.5 billion. Still, the unusually warm weather is a concern.

It's not AP's job to take the NRF at its word if there is contradictory information out there — and there is, which I'll identify in a separate post.

During the previous two years, business journalists blamed cold, wintry weather for poor first-quarter economies. Now they're blaming warm weather, because people would supposedly rather stay indoors than enjoy the relatively nice weather and see stores decked out in Christmas/holiday cheer. Sorry, Anne, that excuse, is really hard to take.//

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