Re: They're still waiting for the procrastinating shopper

[Jim Farmelant <farmelantj@xxxxxxxx>]

I saw rather similar blather in todays NY Times and
Boston Globe.  The question in my mind, is who
these writers and pundits trying to kid.  Are they
trying to humor the "procrasting shoppers" themselves,
who thus far have been declining to spend, for the simple
reason that they lack the means, or are they trying to kid
the creditors of the retail chains, who must realize that
after the holidays, we will be seeing more retail bankrupticies,
or are they trying to kid investors who will most likely
continue to take a bath in the new year?  When I see
that sort of punditry, I am never quite sure who the
intended audience is suppose to be.

Jim F.

On Fri, 27 Dec 2002 22:11:20 +0000 loupaulsen@xxxxxxxxx writes:
> On Dec. 25 I wrote a little post entitled "the procrastinating
> shopper did not
> materialize."  The "procrastinating shopper" is the Messiah figure
> who is
> supposed to rescue the U.S. retail economy.  A Messiah all the more
> since
> the "shopper" is really the working class which has been scourged
> and
> crucified by the economic crisis, yet is now supposed to resurrect
> itself, buy
> Christmas presents, and spend the economy back into health.
>
>

> Lou Paulsen
> Chicago
>
>

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