Confident consumers?

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  • patriot Cedar Hills, UT
    Dec. 4, 2012 3:30 p.m.

    re:Mister J

    by normalization I am saying that socialism is the "new normal" in the US and both Texas and Utah are bucking that trend - trying to save what is left of capitalism for as long as they can which won't be for long. Misery loves company and it won't be long with corporations and people flocking to Texas and Utah (as they are) before the Obama administration brings both states to same lowly level as California - bankrupt with forced entitlements.

    Dec. 4, 2012 7:01 a.m.

    That's a rather interesting spelling there: "whordes" - hard to tell if it was intentional.

  • Hutterite American Fork, UT
    Dec. 3, 2012 5:53 p.m.

    I am not sure what recession people are in. From black friday whordes to people willing to camp for days, seemingly with no adverse effects on their career or personal life, to get the latest i thingy that's just like one they already have, people seem to have disposable income.

  • Pendergast Salt Lake City, UT
    Dec. 3, 2012 1:54 p.m.

    Have you ever noticed that when Consumer confidence/spending are up that the Dow is down?

  • Mister J Salt Lake City, UT
    Dec. 3, 2012 1:52 p.m.

    @ patriot

    What exactly are you driving at? Texas & Utah are the pinnacles of normalcy & wholesomeness?

    p.s. You do realize that Rick Perry is trying to put "price controls" on the cost of a Bachelors degree, right?

  • patriot Cedar Hills, UT
    Dec. 3, 2012 11:33 a.m.

    Utah and Texas are the exception in the nation. Both have strong governors and legislators which are mostly conservative. Much of the rest of the nation is in a different boat. Take California for example. Terrible liberal governor and legislature to boot which has bankrupted this state. Many other states are or will be following California soon simply because of their socialist mind set - a disaster in any environment. I suspect the federal government will "try" to penalize or "normalize" both Texas and Utah and redistribute their wealth to follow the new socialist mind set in this country which will destroy those economies as well.

  • 10CC Bountiful, UT
    Dec. 3, 2012 10:16 a.m.

    Hopefully this means Utahns are getting over the re-election of Obama and business owners won't just stand on the sidelines because Mitt didn't win and they no longer have an incentive to be business owners. Almost four weeks ago that seemed to be the major threat, confidence in Utah was in the ditch, right? Liberty is gone, the American experiment is over, the US is doomed, etc.

    Perhaps in hindsight that feeling was a bit of an exaggeration. I can't blame people for being bummed about their favorite candidate not winning.

    America continued to be America, even after the evil feds forced us all to start using unleaded gasoline, taking on the roll of the nanny state, saying lower amounts of lead were better for the health of children. It looks like freedom didn't exactly die when the EPA used their tyrannical powers to take away our freedom to use leaded gasoline.

    We'll be OK, folks.

  • Ett Salt Lake City, UT
    Dec. 3, 2012 12:30 a.m.

    Ah, the much vaunted "Christmas bump!" It's vastly over-rated. When the economy is in the dump like now, any improvement caused by the bump is praised beyond its real meaning. It's only after the holiday that the truth comes out. That's when we discover spending increased, but less than the previous year and several years prior. We hear that sales were disappointing overall and other factors like home sales and gas prices diminished the effect the bump had. The bump is the unwanted child of economic predictions. It pales with its siblings, unemployment, household income, GDP, home sales and gas prices. They are more reliable and get much more attention the rest of the year, as they should. Over the years, I've often seen the bump praised more in a bad economy that continued to remain such, than in good ones where it really shined. That's politics folks.