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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe reporting and spin on "Black Friday" sales stories is comical ........
Several of these stories identify the reason Black Friday sales are DOWN is the improving economy, because shoppers aren't looking for bargains as much.
No mention of the fact that incomes are not rising, and the jobs being created are largely of the low-wage variety. I don't know if these reporters are clueless, intellectually dishonest, lazy or serving up this buffet of bullsh*t on purpose. ..... Or all of the above.
Here is one of the reader comments re: the Yahoo story linked above:
You gotta love the spin.
Consumer spending is down due to an improving economy? Seriously? People are spending less because the economy is getting better?
According to an example in the article, online spending is down about 10%. That's more than the 6.4% decline in brick and mortar stores over last year. And the author thinks changed shopping habits are the other reason for the decline?
The author better live in one of the states where Marijuana is legal if he is going to keep smoking dope while writing news articles.
"Consumer spending during America's Thanksgiving weekend dropped compared to last year, but the decline can be attributed to an improving economy and changing shopping habits, a survey found Sunday."
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The reporting and spin on "Black Friday" sales stories is comical ........ (Original Post)
marmar
Nov 2014
OP
grasswire
(50,130 posts)1. news readers are insanely pushing the buying frenzy.
I especially noticed it on my NBC local affiliate, as well as on the Today show (which I hate).
R. Daneel Olivaw
(12,606 posts)2. Seires dude. It's true.
My wife and I have tonnes more money now than ever, and after mortgage, car payments, car repairs, fuel, food, daycare, we still have so much that we buy our pricey bobbles neither on the internet or a brick and mortar but a select location that we cannot divulge.
jillan
(39,451 posts)3. What I want to know is how small business Saturday did compared to last year because how many people
shopped at Walmart does not interest me..
AndyTiedye
(23,500 posts)4. "The Economy is So Good We Can't Fit Any More Stuff in Our Homes"
Have they tried that one yet?
ffr
(22,665 posts)6. I'm saving up for the next Republis lead market collapse.
If it's one thing I'm certain of, Republis make the financial sector unstable.