[lbo-talk] Gas prices 2nd highest level ever

Andy F andyf274 at yahoo.com
Thu Mar 17 08:13:16 PST 2005


--- jthorn65 at sbcglobal.net wrote:
> Is there something here I don't get? How Wal-Mart
> "knows" their sales are off because of gas
> prices is beyond me. I think they're just saying
> whatever sounds good and blaming gas prices
> is as good an excuse as any. I know gas prices
> effect retail sales but without more proof I
> won't believe Wal-Mart is hit disproportionately
> compared to Kmart, Target, Family Dollar,
> Sears and others. Maybe I'm being overly obstinate
> but I don't buy it yet just because Wal-
> Mart claims it's true.

Well, yeah, I'm probably making a mistake taking their explanation at face value. But I betcha a $42K vs. $49K household makes a big difference in widget purchases -- moreso than consumables.

Any guesses how many separate jobs provide that $42K?

Andy

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