author : Henry Cruz


    Tuesday, September 02, 2008

    Got nothing to wear...

    POST A COMMENT

    "It's like the back-to-school season never happened," says the NY Post. Talking how retailers -- (especially clothing companies) -- have called this year the worst in recent years.

    'Just not the best time to be in the clothing business: 'On one end, you have working families forced to skip discretionary items like clothing...

    'And those that can spend on big ticket items just aren't -- fearing they might appear like they're flaunting their excess wealth. Leaving everybody feeling like they have nothing to wear.

    You have a whole Lotta folks feeling stuck in middle -- trapped in a vicious cycle. In part, because of the rising inequality of the super-wealthy... They keep working and working only to feel like they are not getting anywhere.

    'Which causes people to work more and more...'just to keep up in an economy increasingly dominated by status goods. Getting back little in return, scratching their heads -- still wondering why they have nothing to wear.


    Source: NY Post

    Labels: , , ,




    0 Comments:

    Post a Comment

    << Home

     

     

  1. ARCHIVES

  2. October 2005 . November 2005 . December 2005 . August 2007 . September 2007 . October 2007 . November 2007 . December 2007 . March 2008 . April 2008 . May 2008 . June 2008 . July 2008 . August 2008 . September 2008 .






back to top