I (thankfully) have never ventured out into Black Friday madness like many of my friends. My day-after-Thanksgiving woes have more to do with eating too much again than with being trampled by crazy fellow customers. But in a year of financial insecurity, I was curious to see how people were responding to the recession on this day of spending.
The Washington Post article provided interesting insight into the spending frenzy gone soft. All year we've been hearing of layoffs and cutbacks, but this article provided several voices to attest to these changes.
In a story like this, a series of reporters will obviously talk to shoppers and get their take on the situation. People like Barbara Martin, Patsy Montgomery and Maria Russell told of how they are cutting back this year to no surprise.
It was a simple article, but it made one interesting point that I wish had been explored more in-depth. The economy is supposedly on the verge of a recovery. Reports were made that Black Friday participation went up this year. But spenders were "more uncertain about the economy this year than last."
The first hard sales numbers for Black Friday are not expected until Sunday. For the full holiday season, the National Retail Federation said it expects sales to fall 1 percent this year, to $437.6 billion, compared with a 3.4 percent decline last year. Many shoppers Friday said that -- despite having jobs and hearing projections of a recovery -- they were more uncertain about the economy this year than last. Their purchases, they said, would be curtailed.

When I read earlier this week about Lou Dobbs leaving CNN, I couldn't believe it. But what even surprised me the most is the headline of an article in the Telegraph,





