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In 2017, financial media reported a record $598 billion was the holiday spending total.
And in 2018, financial media reports $850 billion is the total holiday spending.
That’s a difference of $252 billion more spent in 2018. An increase of 42%.
A forty-two percent increase !!
Now, you might say it’s simply a difference in the media source. However, CBS is cited specifically to avoid this possible disparity.
originally posted by: rickymouse
So, under Trump, a lot of people became suckers and bought more unneeded Christmas presents. How does that show that our economy is better, maybe it is just that more people got used to believing in untrue things because of the media. We cannot give the credit of this to Trump, the news these days is just as real as Santa and his flying reindeer.
originally posted by: DictionaryOfExcuses
Dividing that number by the current US population means that every single person spent about $2600. Including children. Does this square with anyone's reality? I smell BS.
originally posted by: dfnj2015
originally posted by: rickymouse
So, under Trump, a lot of people became suckers and bought more unneeded Christmas presents. How does that show that our economy is better, maybe it is just that more people got used to believing in untrue things because of the media. We cannot give the credit of this to Trump, the news these days is just as real as Santa and his flying reindeer.
I knew we were in trouble as country when my local grocery store started selling gift certificates for groceries.