With the economy in the tank thanks to the Democrats, it’s anyone’s guess what will play out today, on Black Friday, the discount shopper’s favorite day of the year.
With the usual frenzy of slashed prices, many will make the pilgrimage to stand in line for the cheap TV, freezer, video game, computer or pajamas. To some, it’s worth getting up in the wee hours of the morning for and standing in long lines in a blizzard. For others, not so much. I did it once and that was enough for me for a lifetime. Even if things were free, I don’t even know if I’d go back and try it again.
For those who don’t want to venture out but still want good deals, they can check out Early Black Friday Deals at Amazon. Others are following suit like Best Buy, Bed Bath & Beyond, Chewy, Lowe’s, Macy’s, Michaels, Target and Home Depot.
But whether customers are buying presents online or in person, inflation will probably be a drag on the sales of many retailers this year as people turn to the Dollar Store, second-hand stores and homemade crafts to help them meet their tight Christmas budgets. But for those who aren’t going to let Bidenflation stop their yearly trek out on Black Friday, many will be putting their their purchases on their credit cards.
But with rising interest rates, that’s not going to make people smile much and say HO- HO-HO. Do you really want to pay $50 for that $10 stocking stuffer? Think about it.