Wednesday, December 10, 2008

Consumer Confidence?

I have to admit that I do find it somewhat amusing that on all the news programs they go on and on about the lack of consumer confidence and how it's affecting the economy. Then they follow up that story with some "expert" telling us that AAA Corporation is laying off thousands of people and XYZ Corporation is laying off thousands of people and preparing for Chapter 11. How much confidence does that bring? If you're still employed you're not going to spend any extra money because tomorrow it could be you. Now if you had some confidence that maybe your job would be safe for 6, 9 or 12 months anyway maybe there would be that extra Christmas present under the tree or maybe you'd buy yourself that new set of golf clubs you've been ogling for. As with anything nobody is looking for a guarantee, which is good because there aren't any. But maybe we need to stop bombarding the public with gloom and doom every single day. We know what the current climate is, we didn't cause it and we don't need it shoved in our faces at every turn.

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