June 28, 2009
To Heck With Stimulus--Just Get a Facial
From an AP article that appears in today's RN-T:
Diners will order big pancake breakfasts again. Business suits will sell briskly. So will name-brand luggage, gym memberships and pricey jeans. Spas will sell more facials and massages.
Taken together, these seemingly minor transactions will likely help lift the country out of its longest recession since World War II.
Maybe next recession we can skip the $787B blob of pork and just send eveyone out for pancakes and facials.
Posted by E. Frank Stephenson at 01:40 PM in
Economics