Friday, November 27, 2009

Black Friday

Today is Black Friday - the day that millions of Americans buy useless consumer products they don't need with money they don't have.

I heard a radio DJ today say that Americans are out there "shopping till they drop and doing their part to help the economy". This kind of thinking is very typical yet doesn't even hold water in a simple cursory logic test. If spending is indicative of a flourishing economy, then there has never been a more "prosperous" economy in the history of the world.

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