What Recession?

[pistos]

I have total confidence in our economy after today's experience.

School uniforms generally indicate a private school.  Which implies people are investing money in their child(ren)'s education.  After looking at all the schools in the area, it's safe to say some people are investing HUGE amounts into education, but that's another story.

All this to

Comments

[sir_dave]

One thing about recession; at every stage of the supply chain, from maker to retailer, all of them drop their stocks. They cannot afford to be caught with stock that may never get turned into money. Thus you may see no stock for two reasons:

1) Everybody has money! Look at us go! - but in that case the sellers will look to overstock so as not to be caught without anything to sell. Having no stock means being caught by surprise if there is money to go around.

2)Or, from maker to retailer, all know that ready cash will be at a premium for a period possibly of years. They make and stock no more than they need to, and run the risk of not selling a thing or two to avoid the more serious risk of being stuck with stock they cannot make into money when the bank calls on them.

De-stocking is already taking place here, and it is a sign of recession, not of affluence, that shelves are empty.

[pistos]

I guess the post was actually to point out lots of people with money are spending it. I haven't seen any other problems with supply and demand anywhere else. What was happening at this store was a whole bunch of people buying way, way too much clothing for their little snobs. For example, one lady (different school, different uniform) had at least 20 pieces of everything she needed. Not one colour of that particular size or uniform was left on the shelves. I'm guessing she doesn't like to wash clothes very often. This isn't normal American purchasing, it was hoarding. And it wasn't one person doing this, many, many were.

I got one hint about what was going on with all the school name dropping. "yes, mary, george IS going to SAINT XAVIER OF THE HOLY ANTIOCH CHURCH OF INCREDIBLE RICHES how about your daughter this year? I'm so sorry, I heard the competition for placement in the SAINT XAVIER OF THE HOLY ANTIOCH CHURCH OF INCREDIBLE RICHES was tough this year. maybe she'll make the cut next year

[curly_purls]

I could nod my head and comment about your original post, but your reply, here, about snobbery reeeeallly makes me nod my head. It's so twisted and goofy, isn't it? Snobbery. Product of insecurity, to be sure.

[pistos]

Goofy is a great word!

I remember when serving on the county PTA level these same type of women existed. Mind you everyone had a child in public school, that school assigned depending on where the home was. The same type of school name dropping took place. My child goes to WHS. When politely asked where other children attended, there were looks of pity expressed. Oh, my! And this group were supposed to be working for the betterment of all county schools. I only wish people could see how silly they look, all pretensions of class gone down the drain.

There's always someone out in the world to entertain us!

[graywolf44]

Broken chicken wing until I see an ortho. Pending.

Oh, ow. :( Hope it's nothing too serious, and that you heal quickly m'dear.