It's time for the usual hype about Holiday Spending... But as usual spending will fall short.
With the likes of Walmart and Starbucks holding back on stellar predictions...the American consumer could be sobering up long before January 1st this year...
There will be some relief that the Democrats may stop the looting by Republican special interests...and that could cause a slightly better opinion about the future...
But my sense is that the election euphoria will be short lived... And other than the march of the Wall Street Bonus Army toward more end of year rallies...nothing has changed for ordinary people...more debt, more uncertainty about jobs and health care coverage, more confusion from government "numbers" that don't jibe with the reality on the ground...
