12 Things Bought in a Bad Economy
“An avowal of poverty is no disgrace to any man; to make no effort to escape it is indeed disgraceful”Moneyland at Time.com lists 12 items that are selling quite well at present. They call them "recession-proof" products but keep in mind that with some items (like #1) sales were flat before the recession so these might not be "good-times-proof" products.
-Thucydides (Greek historian, 460-404 BC)
- Romance Novels - sales are up 7% at Harlequin
- Junk food - doughnut sales are up, as are chips and other snacks
- Nail polish - sales are up 68%. Traditionally lipstick has been the recession-proof cosmetic as a cheap way to look and feel better.
- Halloween Costumes - yet another form of escapism from dreary reality
- Fast Food - McDonalds is up 5% from last year. Sad in a way because fast food is not so cheap anymore.
- Lottery tickets - wishful thinking
- Generic Drugs - that makes sense
- Chocolate - Hershey up 20%
- Vegetable seeds? - I guess people are hoping to save money by growing their own food. It didn't work for us - we grew two peppers.
- Condoms - cheap entertainment yet reluctance to beget children in troubled times?
- Yoga??? - inexpensive stress relief?
When times are tough people find ways to distract themselves with cheap thrills and escapism. Can money buy happiness?
Labels: Budget, Economy, Unemployment
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