Car Deals

Many things are leading folks to wonder if the 2008 Christmas Retail Rush is going dive into a dismal and destructive ditch. With the current mess in the stock market many American families are quite worried about their financial viability in the upcoming future. Indeed, even those who are relatively safe might be severely cutting back this holiday Christmas shopping season.

Not long ago consumers were told to spend and go shopping to save the economy, but it does not look like the credit card indebted consumer will take such a mission as seriously as they have in the past. You see consumer confidence is at an all-time low, which is really unnatural during a Presidential Election Year, generally the economy does very well prior to the elections and drops afterwards.

Now that is not say that it will not drop significantly after the election, it still might and depending on who gets elected we will see some changes which will affect both businesses and consumers, so it has everyone waiting to see what on Earth is going to happen. Meanwhile, about the only retailing companies doing any reasonable sales volumes are corporations like Costco and Wal-Mart.

Another big issue is the Federal Trade Commission, which is looking into pre-paid gift cards. Because some consumer groups are worried that people will buy gift cards from their favorite retailers to give as gifts, then those retailers like many of the larger banks and financial institutions will go out of business or file bankruptcy leaving consumers with a blank card.

In the last few years these gift cards have helped level out January, February and March retail sales when business was normally slower. Needless to say; the 2008 Retail Christmas sales are looking rather sketchy, as Consumer Confidence could cause a catastrophe. Please make a note of it.

“Lance Winslow” – Lance Winslow’s Bio. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/.