During the last class session, we all watched each others' performances/films of the political satires. I thought it was interesting watching them because everyone seemed to enjoy the topics they came up with. Only question I have about the satire my group did, with Obama wanting longer school years, is how would longer school years make a greater quality education for kids when issues outside of school seem to make an enormous impact? It seems to me that our culture is what prevents kids from gaining a quality education.
Since Black Friday is tomorrow, I wanted to find an article on it. I found one in the New York Times: http://www.nytimes.com/2010/11/26/business/26retail.html?_r=1&ref=us. The article gave statistics on how much money was spent last year during the end of the year vs this year so far. It turns out that people are actually spending more this year, which I find interesting because of people seeming to have a hard time with money. Stores are giving out more sales and free money than in the past. They want people to buy, buy, buy. Walmart is competing tremendously by announcing that they will match the costs of Best Buy's or other stores products, just by having people bring in the ad. I did notice last week that I got free $10 to use at JC Penney. I've only seen that promotion at Kohl's, which I love very much, and it does get me to come back and shop some more. It's amazing how companies use the same business methods as others' to get people in their stores. The only places that are not offering big sales are luxury stores, yet they are also increasing in profit in comparison with last year. Only question I have is why/how this is happening? How are people able to spend more this year than last year? And how would luxury stores make more money this year than last year when they aren't coaxing people to visit their stores?
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