Thursday, December 4, 2008

Perfect Purchasing Storm

Don't you love all the advertising nowadays? Almost every commercial starts out with "Now more than ever" or "In times like these" and it always ends up being a product that no one needs. "In times like these, you need to be able to rent-to-own your own waterbed". My favorite is the GM commercial that starts with "We can all agree it's time to get back to business" I can almost see a asterisk next to that statement, much like the car ad in the paper, with super-fine text at the bottom that reads "agreement to get back to business is not a offer of employment;" I will agree that now is a very good time to buy most anything - you have a lack of demand and low purchasing power combined with overstocked products from a boom in manufacturing. A perfect storm. Not to say prices on consumer items will not go lower next year, but manufacturing is easing up to match demand and there may not be the same pressure to sell in 2009.

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