ST Alpha - "So because they're spending less at Saks Fifth Avenue, the other 95% have stopped shopping at Walmart?" (Reading a Post)

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In response to "For the trickle-down file: -- (link)" by Dr.Vermin

So because they're spending less at Saks Fifth Avenue, the other 95% have stopped shopping at Walmart?

Posted by JaxSean (aka JaxSean) Aug 2 '10, 12:04

That's borderline ridiculous.

Responses:

The theory of course goes that when they spend less at Saks then the employees of Saks and their suppliers have to spend less too. -- nm - Ender Aug 2, 12:08 12
- So the guy that drives the truck that delivers the clothes to Saks spend less. So that's like .01% of the % that even shop at Saks. - JaxSean Aug 2, 12:13 10
  - I was talking about my buddy's sailboat down in Virginia on a backboard... - Dr.Vermin Aug 2, 12:24 9
    - Sure your exemple has an effect, but IMO it's nothing compared to 200 millions people buying peanut butter - Guigue Aug 2, 12:26 8
      - Not the same, no... - Dr.Vermin Aug 2, 12:31
      - There's a reason that there's such a thing a the Big Mac index - Reagen Aug 2, 12:29 2
        
        hee -- nm - JaxSean Aug 2, 12:36
        
        We should start the yacht index - Guigue Aug 2, 12:30
      - "30 years of history prove otherwise, but it'll work this time by golly!!" -- nm - Don Homer Aug 2, 12:27 3
        
        Yeah, those years under Reagan were horrible. If only we could've brought back Carter. -- nm - Strongbad Aug 2, 12:37 2
        
        If only the mindset had stopped with Reagan. - Will Hunting Aug 2, 12:40 1
        
        Sadly, you're right. - Strongbad Aug 2, 12:45
- but that's countered, I think, by the proportion of money they put back into the economy through spending in the first place. - znufrii Aug 2, 12:09

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