Saturday, November 29, 2008

Defying the Threats of Economic Depression

Friday, the day after Thanksgiving Day, is called Black Friday. I asked my husband why it’s called that. He said, “It’s because the businesses will finally make profits during that day, which will put them in the Black rather than in the Red once again.” Unless you’ve taken some business courses in your schooling days, those terms don’t make a wee bit of a sense. They didn’t to me. I gathered from his phrase that Black must mean profit and Red must mean loss.

Not that I didn’t trust what hubby said, in fact, he suggested that I Google it out, just to make sure. So, I visited one of my favorite web sites: The Free Dictionary. Wikipedia Encyclopedia there confirmed what he said. I’m glad, or else his Master’s Degree in Business Management would have meant nothing, eh?

Of course, Black Friday, according to Wikipedia, has many other meanings. But for this particular Black Friday, following Thanksgiving Day, Wikipedia defines it as “the day retail businesses would make their profits for the year and be operating in the "black" and not the "red".

Yesterday, after I got off from work in the morning, I went shopping. Yes, I went to do my patriotic duty in reenergizing the economy and helped those businesses be in the black. Due to my work hours, I was denied of the 5:00 a.m. mad rush, NOT! Anyway, wherever I went, I had to drive around at least twice before finding a parking spot. That was how packed the stores and the mall were. Once inside, I was greeted by long lines of people to the registers. As I walked the mall, I noticed all the stores, busy and eating places, packed. Everybody I saw was towing carts or bags full of goodies.

Everybody was out, shopping like there isn’t an economic depression. Except for a few run-down-looking vehicles, the vehicles that I saw parked at every parking lot are new and expensive ones. I don’t know if Cheyenne or the State of Wyoming is not yet affected by the depression. Either that or everyone here, including me, is defying the threats of economic depression to our way of life. So, in defiance, we went shopping, like there is no problem in the economy or in our financial situations. I hope our effort, however small it may have been, had made an impact and hope that the economy will improve soon.

What was it like in your town, city, or State this past Black Friday? Did you go shopping to take advantage of all of those great sales?

Thank you for reading

23 comments:

Matt said...

Tasha, all the major stores and malls in my area were very packed. I just wish it would last through the rest of the shopping season, and not just Friday.

And I think retailers need to rethink the whole concept of this mad shopping day since every year something happens, like the guy in New York who got trampled to death because the shoppers couldn't wait til the store opened so they pushed the doors open and mauled the poor guy. It's just insane that people act that way.

tashabud said...

I agree, Matt. As much money those businesses spend on adds, you would think that they would want to maximize what they can get for their money by extending the sale period.

I didn't see the news about the man who got trampled to his death, but I read it in one of the blogs. That is so tragic. I'd be so devastated if I were one of those customers at that Wal-Mart. I've never gone to any sales at the crack of dawn like that. If I were home, I'd be sleeping or be blogging. I don't go because of that very reason. Fighting the crowd like they do on mad shopping is just isn't for me.

Thanks for reading and commenting.

Tasha

Pearl said...

Ah, Tasha, I was too busy boiling the house in preparation for Misfit Thanksgiving. I'll be damned if my friends will catch me with a dirty carpet!
I do happen to know that the sales were Freaky Good, though!
Pearl

redchair said...

Hi Tasha,
I have to say- I'm a shopping scaredy-cat on Black Fridays. The packed crowds and craziness is just to much for me. (Does that mean I'm agoraphobic?) I NEVER go the day after Thanksgiving. I know the sales are great… but yikes! I admire your courage.
Vikki

VH said...

Yes, it was very busy everywhere on Friday around here. I avoided malls for the last couple of days.

tashabud said...

Hi Pearl,
Thanks for taking time to stop by from your busy schedule. Boiling? I'm trying to visualize how that's possible. Hehe. Only you can do that, of course. You're funny.

Hope you had a great Thanksgiving Day.

Tasha

tashabud said...

Hi Vikki,
I know what you mean about being a scaredy-cat. I've never been to the mad rush at the crack of dawn for being a scaredy-cat also. Mobs terrify me. But I've been to several shopping days much later in the day. Even at those times, the crowd is still bad.

I suppose if you start heaving and sweating in the crowd, then that could be considered agoraphobia. Hubby is like that in the crowd.

Thanks for reading and commenting.
Tasha

tashabud said...

Hi VH,
Long time-no-see. Good to see you here again. I should do what my husband do. He shops on line all year round to cover for birthdays and Christmas presents. He only gets things he can't get on-line, locally. This keeps him from going to the malls or stores during the crazy days. It's good though that people went and spent some of money they've been hoarding. Hopefully, it had helped the stores.

Thanks for reading and commenting.

Tasha

LarryG said...

man i hated that blurb out of ny where the employee got trampled...
black friday lived out to the fullest.

i did not get out in that melee.

Eric S. said...

I am so not a crowd person. I get very uncomfortable and self conscious in large crowds. I refuse to go out to the stores on black Friday, including the rest of that weekend. I prefer to go to the store during the weeknights.

I'm glad things are going pretty good up there. It's still a little uncomfortable down here, especially in the home construction industry.

tashabud said...

Hi LarryG,
Yes, so sad for something like that to happen. I'm more sad for his family who'll be grieving for him.

Thanks for visiting and commenting.

Tasha

tashabud said...

Hi Eric,
Welcome back from your fruitful hunting.

I can understand some people just don't like or just can't deal well with crowds. Hubby is like that most of the time. Every now and then, he'd venture. He just spends as short a time as possible as he can. I don't like much crowd either, but I can tolerate it more than he.

Our local government tells us that the bad economy has not yet affected us, but if the economy stays the losing course much longer, it will soon catch up with us. New home constructions are still going strong here from what I have observed. Colorado is the same way. Subdiivisions upon subdivisions of houses are popping up like crazy. I don't know where people are coming from because those properties get occupied as fast as they can get them done.

Hope you're not affected too much?

Tasha

Lizzy said...

Woah.. I hope your country gets through the Depression. America is one of the most admired countries by us Filipinos.

I have yet to visit and see what it really is like there. :)

tashabud said...

Hi Lizzy,
Long time-no-see. Good to see you here again. I hope, too, that our economy gets reenergized soon. Thanks for stopping by.

Tasha

siteseer said...

I didn't go out for the rush this year. Still don't know what anyone wants... The few times I have been out shopping the stores have been fairly empty and everything is at blowout prices already. Michigan is at the bottom of heap of the country I think. Our new construction came to a screeching halt about a year and a half ago, no home sale, either new or previously owned, job losses mounting daily (pray for relief from Washington). Everything is just sad, glad I still have a job.

Lilly's Life said...

Did I read that right Tasha? Shopping at 5am? I hate crowds while shopping and given I can shop anywhere usually and buy things I dont really need, I prefer not to do it. Online shopping is the way to go. We usually have bargain shopping after major public holidays too. We are not in a recession here yet but close. We are all being afected it seems - economisist are likening the global recession to the one after World War II - that's not so good. Hope you are well. Must go check out what young Steve and Sandy are doing. Steve hasnt joned the circus or anything has he?

Jena Isle said...

Hi Tasha,

Good for you. Well, here in the Philippines, it is as usual. Third world countries don't feel effect as much because we're already used to poverty.lol..

But we take it all in with a grain of salt. Filipinos are good at exacting humor from dire occurrences.

We enjoy life and let live with what little we have.

Happy yuletide season in advance.

Shari Schmidt said...

We spent Black Friday decorating our tree. I do all my shopping online. I HATE the malls and crowds. We're solidly middle-class, so we could use a good discount, but there isn't anything I'm going out to buy at 4:00 a.m.

Poetikat said...

Hi Tashabud!

Glad you could stop by "Blasts From the Past". Thanks.

I see you've put me on your blogroll. Thanks very much. Could I trouble you to make the title all one word. It's "Poetikat".

Thanks again.

Luv,

Kat

P.S. I'm adding you to mine too. Okay?

tashabud said...

@ Hi Siteseer,
Glad that you're able to visit again. I'm saddened by your news. Another blogger who's from Michigan, but now lives in North Carolina says the same thing in his blog. He went to his Detroit for 10 days visiting families during Thanksgiving Day. So sad. It looks like that Washington is going to approve the loan guaranteed, but with some conditions. I hope things turn around in a hurry, too. I'll say my prayers for all of you there.

Tasha

@ Hi Lilly,
So good to have you back with us here at blogosphere. I'm glad parts of the world still not too affected. Somebody has to carry on the others while we struggle to go above waters.

It's true, many of us here in the U.S. do go shopping at 4 or 5 a.m.. I personally haven't been out that early, but i have gone much later in the morning.

Tasha

tashabud said...

Hi Jena,
I agree with you. Since I can remember, Philippines has always struggled financially, along with its people. I know exactly what you mean. I've lived through it. The difference with me was there was always the land to farm to grow crops for family to eat. Here, if we don't have jobs, bankrupt governmet that not capable of assisting us, and we have no farms to grow crops in to feed the family, we're hosed. Only the people with farms can survive.

Thanks for reading and commenting.

Tasha

tashabud said...

Hi Shari,
A wise decision. I assume you have an artificial Christmas tree to be able to decorate that soon. I know here, Christmas trees are not around until the second week of Dec.

Thanks for reading and commenting.

Tasha

tashabud said...

Hi Kat,

You're welcome.

Sorry about error. Heehee. I've gone back to change it.

Tasha