"JohnH" wrote in message
...
On Wed, 13 Aug 2003 21:12:46 GMT, "Doug Kanter"
wrote:

Doug, the question referred to the fact that people are spending more
money, not
where they are spending it.

How can you assert that when the news simply reflected Walmart and not the
general state of discount retailers?

How are Walmart's competition doing? If they're doing well, then you may
have a case. If not, money may simply be shifting from one retail outfit to
another, potentially based on price.

See, there's more of the conservative vs. liberal thinking. Our lot is
willing to be patient and make a judgement when all the data is in. You
folks want to make a case on one month, one day, one report.

Sorry bud, that dog won't hunt.