We Beat Our “Low” Expectations!

Pop that campaign cork and go pick up that Snickers bar you had on layaway now!

The Commerce Department has just announced that retail spending, in January, was up o.5%. This far exceeded the estimates*.

*Understand the estimates were pretty low to begin with. Pretty much the economic equivalent of expecting a “special” kid to make the Taj Majal out Popsicle sticks. Unless it is the Elephant man or that kid from the movie Mask, it just isn’t going to happen.

Seriously? 0.5% is worth the “hey-the-recession-is-over” celebration?? Isn’t that the equivalent of some tourist going in and paying full price for a NASCAR t-shirt during the Daytona 500?

Ok, maybe it is a bit more, but certainly not worth celebrating the end of an economic crisis. I guess if we hear “it is over” enough times we will believe it.

What do you think? Now I can go buy an iPad?

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