A Sign of the Times...

Tuesday, November 18, 2008

It's no surprise that our economy is in a major recession, but when I see messages of big retail stores closing their doors, some before the holiday season even ends, it's frustrating to think about the many people out there who will be unemployed and searching for work throughout the holidays, just so they can pay their bills. Before our new President-elect takes on any more significant issues, I think the first plan of action is to figure out how to rescue the US from this major economic depression we are facing. I normally don't post political thoughts on my blog, but I hate to think of men and women losing their jobs because companies can get it made cheaper overseas. I care about other countries, don't get me wrong, but I love everything about the Unites States and I think we need to take care of our own people before we go trying to save the world like the big superpower we're known to be. In a recent email I received from a few friends and family, it talked about major retail chains closing their doors, which was extremely alarming to me, because on the outside, buyers are unaware of just how fragile the market is and just how much money companies are losing because everyone seems to be holding on to their money in case things get worse. For example:
  • Ann Taylor is closing 117 stores
  • Cache women's boutique is closing 20-23 stores
  • Gap is closing 85 stores
  • Home Depot is closing 15 stores
  • Macy's, the world's most popular department store, is closing 15 locations

These are hard times and I for one am thankful that I have a good amount of job security in my career. A lot of individuals can't say that and I thank God everyday for all His blessings. So be looking out for better-than-ususal Holiday shopping deals at your local retailers because it seems they are doing whatever they can to get us in the stores to buy Christmas presents for our nearest and dearest. And speaking of, for all you crazy people out there that love to do Black Friday Shopping just like my mom and I, the Black Friday site shows you all the store ads before they even come out in the newspapers- Happy Shopping!


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