business ABC News 6 months ago

Visa: Sales are up 4.2% for first 7 weeks of the holiday shopping period but the pace lags last year - ABC News

Visa: Sales are up 4.2% for first 7 weeks of the holiday shopping period but the pace lags last year - ABC News

Consumers increased their spending, particularly on items like gadgets and clothing, for the first seven weeks of the holiday shopping period

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Consumerism's vicious cycle strikes again, masking the true face of our economic crises with a facade of retail therapy. This surge in spending on gadgets and clothing, amidst widespread economic anxiety and the chokehold of tariffs, is nothing but a testament to the capitalist machine's prowess in distracting us from pressing for systemic change. Let's not be fooled by these numbers; it's high time we demand a shift from mindless consumption to a system that values people over profits.

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