Re: A national sales law
Busma wrote:
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.