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A national sales law

 
 
Busma
 
Reply Sun 22 Jul, 2007 06:32 pm
Idea If they made and passed a law that made every item sold in the U.S.A half the regular price it were for a certain date, what would that do to the economy and the value of the dollar for Americans on that date?

I'd call it the National Sales Day...Where everything (and I mean everything required by the law this time around for a change) is on sale. It would be better than any holiday in the history of the U.S. I would think. What do you think? I think this nation needs such a sale for the lower class ppl. Folks would buy more on that date than any other date. I bet you it would save the economy. That date should be march 9th yearly. My b-day since I thought of it. :wink:
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Type: Discussion • Score: 1 • Views: 491 • Replies: 5
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roger
 
  1  
Reply Sun 22 Jul, 2007 06:56 pm
That might be a good idea at that. Maybe what the country is one day a year for all business to just shut the doors and go home.
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Busma
 
  1  
Reply Mon 23 Jul, 2007 11:34 am
Oops. I meant to say item and service sold instead of just item sold.
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engineer
 
  1  
Reply Mon 23 Jul, 2007 12:00 pm
I think everyone would just double their prices the day before. You can't mandate what people sell items at in a free society.
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fishin
 
  1  
Reply Mon 23 Jul, 2007 12:09 pm
Re: A national sales law
Busma wrote:
Idea If they made and passed a law that made every item sold in the U.S.A half the regular price it were for a certain date, what would that do to the economy and the value of the dollar for Americans on that date?

I'd call it the National Sales Day...Where everything (and I mean everything required by the law this time around for a change) is on sale. It would be better than any holiday in the history of the U.S. I would think. What do you think? I think this nation needs such a sale for the lower class ppl. Folks would buy more on that date than any other date. I bet you it would save the economy. That date should be march 9th yearly. My b-day since I thought of it. :wink:


You'd see a lot of people WITH money buying things like cars, boats, furs, major appliances, etc... and the poor, who have little money to begin with, would be standing in the streets watching it all happen without being able to participate.

I doubt it would have much of a positive effect on the economy either. The people that have money to spend would spend it. They'd stock up on everything that could get their hands on and then the stores would spend eeh following days restoicking. A week later the stores would be empty of customers because they blew all the money the previous week and they have supplies of everything they need so they'd have no need to shop.

With no one buying the stores wouldn't need all of their staff so they'd cut their work hours and slow their ordering from suppliers who, in turn, would lay off some of their employees.

It would be lan economic Thanksgiving Day. Everyone who could would feast for 2 hours and then retire to the sofa for a long afternoon nap.
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Lightwizard
 
  1  
Reply Mon 23 Jul, 2007 12:25 pm
A slow economy accomplishes that just fine over some longer periods than a day. In my business, the mark-up is so low that we would be losing bundles of dough on something, as fishin stated, the poor can hardly afford.
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