8 Industries That Will Sit Out a Recovery

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I don't think there are "fewer shoppers" just smarter shoppers. I own a used book store and our sales are up well over 10% from last year. Shoppers have been limiting their disposable income and paying off debt, making their purchasing decisions more wisely.

Greg Heter of WA 5:05PM July 18, 2009

Perhaps the Consumer Driven Society is over. Could we live with the idea that people will weight their purchases carefully? Is it possible to get used to finding other stimuli than shopping? We, the people, could stop doing what we have been trained by advertising to do for decades -- consume and waste.

The first industry we could get along without is advertising. The second industry is investment counselors and stock brokers.

cato2 of MD 4:46PM July 17, 2009

after the top end (Wall Street) recovery gains steam, we could ask the counter-parties of AIG to return the money they otherwise would not have gotten if the taxpayers had not ponied up for them. Or is that asking "too much"?

Muser of NM 3:39PM July 16, 2009

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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