(No Ratings Yet)
Loading ...The Wall Street Journal today has an article so full of hysteria, no wonder the market is contracting. Excluding autos and gas, sales dipped a bit over 1%. From the first few paragraphs, you’d think it was off by 20%. Imagine if your kid came home with a report card of 98.7% – would the sky be falling then?
Shri Sundaram was right when they commented on the article, “WSJ Crew: Give the readers something new. We all know we are in a recession. We all know that consumer spending has slowed considerably. And, we all know retail sales sucked this past holiday season. Why on earth are you hammering that point over and over!!!??? Give something new. Tell the readers how the economy is shaping up over the next 12-24 months. What’s the look of the boom that will follow the doom-n-gloom… Get over it.”
Indeed – get over the hysteria.
Kudos Bob!
On a further note, an upscale mall in Minneapolis reported an excellent Christmas AND post has been very good as well. We need to let go of our need for drama and move forward. Look to what 2009 will be and quit being drama queens.
Agreed! Our December sales pretty closely matched the national dip, and believe me, I was thrilled. I can’t figure out why a company with one month’s sales down 1% would go out of business, unless the fundamentals were all wrong to begin with.
Thanks for including my comment. Great Blog! Keep up your great work!