Am I in a cynical minority, and likely to receive undeserved taunts of “That’s un-American!”, or some such, if I pine for an earlier America in which “Black Friday” was not viewed as the bell-weather of economic recovery? The very definition of economic success?
For me, the goings-on (sometimes literally “the remains of the day”) point out a glaring problem – that, of late, our measure of economic prosperity is almost entirely based on the volume of retail sales, mainly from overseas manufacturers. And little else. Today a friend of mine, a kindred spirit, lamented, “There’s no such thing now as ‘durable goods.’” Why can’t “what we make” be on par with “what we buy?”
Even though every statement these days is forced into a right-left dichotomy, I don’t view my concern as particularly conservative or liberal. Do you? I welcome your comments, even the ones I don’t agree with.