Sorry. Me no get it. Its all kind of lost on me. Although I do know what Black Friday is (but not how it got that strange name)... I keep hearing that the US economy is in trouble. And that that explains why for the first time in my lifetime (and we won't talk about how long that is) the Canadian dollar has been at par (and even higher) with the US dollar.
But I confess to some confusion... Because on some of my favourite more to the right of centre blogs I enjoy hanging out (present company included apparently), I keep hearing what great shape the US economy is.
Sorry, that one got away from me. I was just going to say that its beyond my capabilities to figure out (and sorry, but I don't see how the photos prove much), but excuse me, please, I need to go do some online shopping from some American merchants where I can really make a killing! ;-)
In the retail world, Black Friday is the day after Thanksgiving (which is always on a Thursday). The day marks the advent of the holiday shopping season and the point at which most retailers begin making profits (also known as going in the black). ("Investment Guide")
Maybe you hear the US economy is in trouble because of the 'source' you're getting it from...not sure. There are alot here that say the same thing (including hubby). But I guess its the source that I prefer to lean towards that tells me our economy ain't as bad as we think it is.
There are 8 million jobs today. The unemployment rate is at its lowest at 4.6%. People who say they can't find a job...are being hired. So people stand in line to buy the things they want. And you have a growth in economy. There's been a steady growth since 2001 (despite the disasters of 9/11 and Katrina).
I hear people complain about increase in energy and gas prices. Food prices have gone up. But despite all that....people are still standing in line to get their plasma tv's. So I'm not sure what the gripe is about.
I thought Black Friday was black because it's impossible to go anywhere or do anything that day, and people slap one another in store aisles to get to a product--or run over one another in the parking lot to get a space..... I've always heard the horror stories. That said, it was very quiet around here on BF. Maybe because WalMart isn't doing layaways? Or maybe because everyone drove to the Mall? sigh. As for the economy--it's been better, it's been worse, and it always depends on what measure you're using. For instance, when inflation is high, it's good for those with money to lend (or save) and bad with those who need to borrow. But I lean toward what pd lists, and always remember, of that unemployment figure, some 2.5% are what we call the "hard-core" unemployed. Those who don't want to work, and play the system, but are still counted because they don't just stay home. sigh. love, d
4 comments:
Sorry. Me no get it.
Its all kind of lost on me. Although I do know what Black Friday is (but not how it got that strange name)... I keep hearing that the US economy is in trouble. And that that explains why for the first time in my lifetime (and we won't talk about how long that is) the Canadian dollar has been at par (and even higher) with the US dollar.
But I confess to some confusion...
Because on some of my favourite more to the right of centre blogs I enjoy hanging out (present company included apparently), I keep hearing what great shape the US economy is.
Sorry, that one got away from me.
I was just going to say that its beyond my capabilities to figure out (and sorry, but I don't see how the photos prove much), but excuse me, please, I need to go do some online shopping from some American merchants where I can really make a killing!
;-)
In the retail world, Black Friday is the day after Thanksgiving (which is always on a Thursday). The day marks the advent of the holiday shopping season and the point at which most retailers begin making profits (also known as going in the black). ("Investment Guide")
Maybe you hear the US economy is in trouble because of the 'source' you're getting it from...not sure. There are alot here that say the same thing (including hubby). But I guess its the source that I prefer to lean towards that tells me our economy ain't as bad as we think it is.
There are 8 million jobs today. The unemployment rate is at its lowest at 4.6%. People who say they can't find a job...are being hired. So people stand in line to buy the things they want. And you have a growth in economy. There's been a steady growth since 2001 (despite the disasters of 9/11 and Katrina).
I hear people complain about increase in energy and gas prices. Food prices have gone up. But despite all that....people are still standing in line to get their plasma tv's. So I'm not sure what the gripe is about.
Ah, CONSPICUOUS CONSUMPTION!!!!
I thought Black Friday was black because it's impossible to go anywhere or do anything that day, and people slap one another in store aisles to get to a product--or run over one another in the parking lot to get a space.....
I've always heard the horror stories.
That said, it was very quiet around here on BF. Maybe because WalMart isn't doing layaways? Or maybe because everyone drove to the Mall? sigh.
As for the economy--it's been better, it's been worse, and it always depends on what measure you're using. For instance, when inflation is high, it's good for those with money to lend (or save) and bad with those who need to borrow. But I lean toward what pd lists, and always remember, of that unemployment figure, some 2.5% are what we call the "hard-core" unemployed. Those who don't want to work, and play the system, but are still counted because they don't just stay home. sigh.
love, d
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