Which is the worse scenario?
1) Retail spending is down for the holiday season because consumers are spending within their means.
OR
2) Retail sales are up slightly while consumers over spend on their credit cards and further bury themselves in debt.
Despite what I see on the news most nights, I propose that the answer cannot be both.
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It can’t be both!
December 14, 2009 by djd
Which is the worse scenario?
1) Retail spending is down for the holiday season because consumers are spending within their means.
OR
2) Retail sales are up slightly while consumers over spend on their credit cards and further bury themselves in debt.
Despite what I see on the news most nights, I propose that the answer cannot be both.
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