The other day I was driving in my car listening to the radio. THAT WAS MY BIGGEST MISTAKE!! My ride was plagued by Christmas music, no matter the station it seemed to have the same music over and over again... (I found my safe haven in WZLX, but the reception was crap :(. Anywho, while listening to the radio the DJ came on the air and started talking about black friday and all the shopping that was done. I do not remember the exact numbers but I remember him saying the amount of money that was spent nation wide throughout the day is several million dollars more than last year and obviously more than the year before that. He then went on to say its a sign of a changing economy that is improving (naturally a homeless man with a shopping carriage full of whatever walked by my car). What, because more people are spending money on foolish gifts...whether cheapened or not for that specific day, its still foolish (to me). I don't care what people do in the end, I won't be shopping on any black friday, I guess I don't want to get trampled on. But I think this is a horrible way to measure the economy. If anything the only thing to be measured is peoples judgement. But like I said, if they want to shop, let them shop.
Earlier today I saw Bill Clinton speak and he was then followed by President Obama. They spoke about the new energy efficient bill and how it will save money as well as create jobs. The speech was given at a construction sight of course. Either way, according to the plan, loads of money will be saved. In the building they were giving the conference in, it would save $200,000 a year alone. With this being said, people would be put to work, "full time" in order to create these energy efficient buildings and other creations. I don't know what will come of this, I obviously hope it works. I am in full support of energy efficiency as well as, saving money, and putting people to work. This will help the economy, this is also a good way to measure the economy. ... The fact that it needs to change. I hope everything goes to plan with the energy efficiency, other countries are beyond us in this category, we need to catch up and hopefully we will.
Either way, the DJ just didn't make sense, it was annoying to hear him speak. If the amount of money spent did go up, the statistic could be skewed either way. Perhaps more rich people went shopping, I don't know?-I don't know what goes on in general on black friday... in the end I'd rather hear about the economy from the President and the past President, thats judgement. Energy efficient.
Hey David did you read the article I posted about how the rich don't shop on Black Friday but those who are poorer do take advantage of those sales. But yes I agree that measuring the shape of the economy by black friday sales is crazy. Those profits go to corporations who have produced much of those goods overseas. we should be measuring the health of the economy by jobs!
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