Friday, May 16, 2008

Introducing the "Staycation", Obviously not what the Bush administration had in mind when they sent you $600

From LA Times:

Basically people are choosing to stay home rather than to go on vacation. Gas prices, recession fears, consumers are cutting back on their consumption.

Bad news for retail and tourism. I guess we finally reached the point in which Americans are unwilling to spend what they don't have.

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