The Economy.. will hi end audio mfgs lower prices?


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The state of California just laid off 20,000 employees. National unemployment is at a 30 year high.

Will there be a shake-out in high end audio? Will we continue to see $10k preamps and $30k amps?

According to the article below, prices of most consumer goods, especially big ticket consumer goods are going down.

....copy and paste it into your browser

http://finance.yahoo.com/tech-ticker/article/176714/American-Retail-Goods-On-Sale-Now----and-Forever?tickers=sks,%5Egspc,%5Edji,wmt,jwn,wfmi,cost
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mitch4t

Showing 1 response by macrojack

If you think anything that has happened to our economy was due to incompetence, then you have taken the bait and swallowed the Kool-Aid. As Sns pointed out above, an effort was made to include Social Security in this plunder.
Back in 1998 the groundwork for this escapade was laid when W was convinced to run and was subsequently installed. His regime then systematically revised most of our government either covertly or through outright assumption of power.

I believe his mandate was to take ordinary millionaires and convert them to billionaires. The record shows that he was quite successful.