Tuesday, April 29, 2008
Be confident. Buy something.
If you read the news this year, anytime this year, anywhere in the world, you'd see that consumer confidence is way down. What does this mean?
Something to do with people being relatively sure that the things they buy won't break, poison them, or come alive and enslave them? Or is it when the country buys sexy tops and thinks its tits look good. The truth is less salacious, but still damn important. The American CCI (Consumer Confidence Index) is defined as "the degree of optimism on the state of the economy that consumers are expressing through their activities of savings and spending."
According to today's Times article, things are worst they've been since the mid-70s and layoffs are imminent. David Blitzer, who manages the index: “There is no sign of a bottom in the numbers."
I think about all this while I await my Stimulus package check. Smarter people than I have called it a stupid measure that will have little effect--the majority of us using it to pay our Visa bills. But I want to buy something American. I want to buy a fucking Ford Mustang. This one.
It would make me confident and save America. Only that's right, they are only giving me $600. Bills it is.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment