• Tygr@lemmy.world
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    1 year ago

    Not just a big spending day, an all-time record-breaking spending day, up 7.5%. That’s absolutely insane and doesn’t jive. If everyone is hurting, can’t pay their rent and bills, credit is maxed out, then how did they also crush this record on inflation-priced “sales?”

    All I’ve said, I’m choosing to go by data, not news agenda. BF helped me realize our economy is thriving. That’s great!

      • Krauerking@lemy.lol
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        1 year ago

        Also that number is online only and could just be again more people bought online than in person, meaning overall spending can atill be down. But also yeah inflation of prices really lets it look like each year is better even if you have less buyers overall.

        Its a game of perspective. That people and corps are bery careful to play or else the casino runs dry.

      • Tygr@lemmy.world
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        1 year ago

        Wealth gap. What you are actually saying is everyone is being squeezed, allowing corporations to sell less and make more.

        This is why I’m kinda pissed off about it all. Americans all went shopping and kept spending as per usual, which allows corporations to report “green” to investors and continues to allow unbelievable CEO / executives wildly insane pay to continue.