Comments on: Holiday Shopping Soars 18% Over Last Year

CBS Evening News: Despite A Lousy Economy, Millions More Shoppers Kicked Off The Holiday Shopping Season

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by lewiston14 December 1, 2008 7:26 AM EST
I don%u2019t think it was an outright lie but rather much targeted areas where some people still have a few bucks left Country wide 18% no way. There are several large mall areas about 3 miles south from where im sitting and in years past you would see local news casts of traffic backed up for miles. No reports this year nothing. Even in wealthy areas I find 18% hard to believe. It%u2019s so bad here they are even robbing pizza drivers at gun point for $10. They better do something soon or 3 hots and a cot are going to become a normal life style.
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by skeezix06 December 1, 2008 5:50 AM EST
I''m sorry but based on what I saw around here, that is an outright lie.
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by billpl-2009 December 1, 2008 5:40 AM EST
that''s because there is NO recession
never was one
it''s all media bull $hit
they''re just making hype and headlines out of non-sense

just because a bunch of big fat companies along with a bunch of big fat rich guys, got caught with their pants down, doesn''t mean the rest of us are going to go down with them

not to mention...100''s of billions of cheap government money going around


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by wdh3007 December 1, 2008 4:51 AM EST
Ho Ho No I don''t think so was that with or without coupons or maybe a misprint of 18% increase instead of 1.8%?
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by shanev137 December 1, 2008 4:45 AM EST
I don''t believe any of these numbers.
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by noloyalisti December 1, 2008 4:16 AM EST
I just read something exactly the opposite. That there were less shoppers and they were all spending less. I wonder who planted this propaganda? Maybe owners of Mal Wart. Or the fascist government. You know like in 1984, Newspeak. Experts agree, everything is fine. Now go out an spend like the rest of the lemmings. Before you go over the cliff.
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by redtrash December 1, 2008 3:53 AM EST
Inflation is the highest it has been since 1982. An 18% gain in sales compared with last year is in reality a loss to the retailer, because prices are at least 30% higher than they were a year ago. Regardless, Wall St should get another bump the first of this week based upon this new retail data, at least until the latest unemployment numbers come out on Friday.
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by mikezembill December 1, 2008 3:15 AM EST
If $500.00 bought $800.00 to $1000.00 worth of goods and spending was up 18% the stores should get bigger trucks at this rate if they sell everything in the store they will be broke.
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by mikezembill December 1, 2008 3:06 AM EST
I think this 18% rise is bull it did no happen.
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by likenoone-2009 December 1, 2008 1:47 AM EST
just how much was cash
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by donbl1 December 1, 2008 1:11 AM EST
Lots of different takes on this story with lots of different statistics: lower sales for the weekend (MSNBC), 3% gain (CNBC) and this one at 18% increase.

Someone is smoking something or we have high school coops working the weekend shift.

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by whitemale08 December 1, 2008 1:04 AM EST
That''s impossible!

For the last year inventory levels have been dropping like a rock. For them to say that people bought 18% more then last year is completely impossible.

The dead ''global financial system'' is so desperate that it is resorting to outright ''lying'' to the public.
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by dkhorse1 December 1, 2008 12:56 AM EST
I''m waiting for the story on credit card defaults.
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by fredflinsto2 December 1, 2008 12:18 AM EST
This story is at best "mis-information" at worst a complete lie. All the financial pages are saying that sales are off compared to last year. It looks like someone is trying to lie to the American people again in order to get some more sheeple to invest in the stock market tomorrow morning. How stupid does this guy think the sheeple in this country are???
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