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Politics : View from the Center and Left

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To: Rambi who wrote (99308)12/26/2008 11:55:05 AM
From: Dale Baker  Read Replies (2) of 540836
 
Hopefully we draw the line at subsidizing losing businesses when they are replaceable, and their goods are in drastic surplus in our economy now. Retail only works right when bankruptcy can cleanse the system of excess capacity now and then.

I don't hear anyone crying because they just got a few modest Xmas gifts instead of something over the top pricewise. I always thought it was absurd that so much of our economy rested on a brief buying binge constructed around a holiday.
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