Black Friday shopping just proved there was No Recession in this country. Enjoy the Holidays and the Prosperity 🎁🏦 💰 💰 🇺🇸

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by RunThePlay55

27 comments

  1. I think people are buying stuff while they still can. Before their cash turns even more worthless

  2. Well, I can’t afford anything. Sales these days are just lowered overpriced prices anyway.

  3. I spent about $2,300 on electronics this weekend. Did I need to, maybe, working with 10-year-old macbook air and parts from 2016 on my PC. I would rather spend the money now and get a decent deal than wait 6 months and possibly have to pay 25% more.

  4. A recession is defined as 2 consecutive quarters of negative growth. This graph doesn’t prove or disprove a recession.

  5. Maybe Walmart and Target saying they will raise prices once tariffs hit.

    This maybe making consumers spend more now and hunker down later?

    I know personally bought certain things knowing tariffs are on the way.

  6. I mean, remove 3% for inflation, and the numbers are still huge, but they aren’t like, as impressive.

    I feel like touting sheer record sales numbers after the dollar has lost 20+% in value allows people to tout much larger raw numbers on the graphs, but the raw number of sales hasn’t meaningfully changed.

    I mean fuck, add an additional 2.8% for our gdp growth and that’s most of the YoY growth for cyber monday according to that data if you combine that with inflation.

    I feel like headlines like these are misleading at best.

  7. This graph is barely related to what you’re saying. It definitely doesn’t prove anything.

  9. If people can’t afford stuff, does it not make sense to buy more during Black Friday?

  10. Come on. I don’t think we are in a recession but one data point isn’t proof of anything.

  11. “economic anxiety” is code for, I don’t want a black or female president…

  12. If you have to buy Christmas presents anyway, might as well buy them on sale. Especially if you have kids.

  13. These are raw dollars. It’s to be expected that it’s high because inflation has been high.

    We still have tens of millions of people, many prime working age men, who are just *screwed*.

    7m of them are completely unemployable. Not unemployed, *unemployable*.

    The problem isn’t that there was a recession. There wasn’t.

    The problem is that wealth inequality driven by automation devouring jobs and concentrating the productivity in the hands of capital owners is leaving tens of millions of people with little or nothing.

  14. This year on misleading/misrepresented graphics used to ignore the economic suffering of large swaths of people~

  15. Yeah, im sorry but the concept of holiday shopping leaves a bitter taste in my mouth because it honestly makes me feel like a mouse being manipulated by scientists to do x,y,z. Don’t get me wrong. I love spending time with family and exchanging a few gifts over dinner. But do we really need to buy insane amounts of plastic and other shit that we’re not really gonna care about in a few months? And why do we all have to do it in unicent at the same time?

    I think life would be way cooler if families, instead, opted to plan their own Christmas or special celebration for each other at different times of the year. Just plan it like you plan any outing and keep it simple. Otherwise, in a real sense, it’s kind of an acknowledgement that your life is too controlled by others who have every reason to want you to tear down the doors and spend exuberant amounts of money that could better spent investing in things that matter more than…well this.

  16. My microwave just went out so I’m contributing to cyber Monday but wasn’t planning on it originally

  17. Everyone I know is buying stuff for the next four years before tarrifs, new cars, new tv, new computers, new phones.

    It’s 30-40% off todays prices, when the sale ends and tarrifs begin prices will go up 30-40%.

  18. Compare it to previous years and factor in inflation

  20. This post reeks of propaganda.

    However, I will say that I spent more than I typically do during holiday season. The reason is, there were some decent sales to be had (more so than the last couple years), and I also wanted to buy things before tariffs kick in (if they actually do).

    Having said that, I scored some okay deals, but I’m not celebrating. Just buying crap I need/want before hyper-inflation kicks in again.

  22. This sub is filled with people who never took intro to economics, basing this off a “cyber month forecast” is laughable. Honestly take advantage of cyber Monday and get yourself “economics for dummies” maybe you’ll get a good deal.

  24. The photo highlights “expected to”

    Are people this dumb?…. How does Black Friday hypothetically prove there’s “no recession”….

    This post is not well thought out

  25. People are spending like the dollar is going to be worthless in a few days.

  26. I didn’t buy much besides an HDMI cable and a neon sign

    I really didn’t wanna participate because I have everything that I need therefore spending for spending sake is a terrible idea

  27. When everything costs more, you’ll tend to set spending records, right?

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