"NOYB" wrote in message
nk.net...

"Doug Kanter" wrote in message
...
"NOYB" wrote in message
ink.net...

"DSK" wrote in message
. ..
NOYB wrote:
Retail sales for Thanksgiving weekend up 22% from a year ago.


Yep, sales at discount places are UP UP UP... translation, people have
less discretionary income and are buying the cheapest stuff... but at
least they're buying more of it!

Sales dollars don't care if they're being spent on cheap stuff or
expensive stuff. The fact is that they're being spent at a rate that is
22% higher than last year.

What about profits? And more important, who is being enriched? American
manufacturers?

If profits went up even half what sales went up, then the people "being
enriched" are the folks who are selling the stuff.

If profits were flat despite sales going up, then the people "being
enriched" are the folks who are making the stuff.

No matter what happened to profits, the people "being enriched" are the
sales folks working on commission. Their commission checks are 22% higher
than last year.

Well, that eliminates most of the clothing industry from this equation.