Off-Topic: It's all Obama's fault
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Name:
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Talullahhound
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Subject:
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It's all Obama's fault
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Date:
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12/28/2015 4:51:52 PM
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Yes, I think it is a bit premature to say how this holiday spending will really come out. I do believe that people are feeling better about the economy - maybe not the entire economy, but I don't think they as worried as they were about their job security, and that tends to make people feel better about holiday spending. But as fly fishing points out there are always those that buy a bunch of things for Christmas and then return half of it and those that overspend on their credit cards, and then can't pay.
But since so many people buy everything on their credit cards so they don't have to carry cash, it doesn't surprise me that spending would be up.
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