Wii sales dropping down in US. Why?

[elprincipe]

souixan said:

 

No, I'm implying that since Bush got elected President of America, the dollar was weakened vs every currency and average pay went down. On top I am implying more people buy on credit to which the stock market is also in poor shape(check it out) In addition sales have dropped vastly so stores start holiday promotion much earlier. That's what I'm implying, not placing blame simply using him as a marker for the statement I wasn't going to go deeper into it but that's the basic idea and any news channel will/should tell you basically the same stuff.

It was a simple statement meant as satire I'm sad that people don't think before they attack the statement which IS absolutly true. Christmas promotions seem to start 1 month earlier then they used to. I'm seeing back to school stuff in July, never used to see it till August. I saw Christmas displays last year DURING halloween, never used to see them till at least around Thanksgiving...I'm sure there's many factors in this but I'll be damned if a President who uses mass ammounts of money fighting a war isn't at least somewhat of a mark to why the dollar is being devalued(he's borrowing it..)

This is probably a bad idea to continue this discussion, however...

http://www.whitehouse.gov/infocus/economy/

"Real After-Tax Per Capita Personal Income Has Risen By 11.4 Percent – An Average Of Over $3,400 Per Person – Since President Bush Took Office."

"Real Wages Rose 1.3 Percent Over The 12 Months Ending In June. This is faster than the average rate during the 1990s, and it means an extra $782 in the past year for a family with two average wage earners."

Of course, this is taken from the White House website; you may have a source that contradicts that, but it's what the government says.

As for currency valuation, obviously the dollar has fallen against some currencies, most notably the euro.

Your stock market claim makes no sense since just a couple weeks ago the market was at an all-time high.

As for Christmas, it's the stores making their own decisions to start Christmas sales earlier and earlier, put decorations up earlier and earlier, and it's not dependent on the economy. This is a long-term pattern that has been in place long before Bush entered office and will continue after he leaves most likely. Once upon a time you wouldn't see Christmas stuff until after Thanksgiving, but now you see it before Halloween. I guess September isn't too far away...Columbus Day Christmas sale or Labor Day Christmas decorations anyone? It's ridiculous, of course, but your assessment of blame is equally ridiculous.

EDIT:  Forgot you also made a ridiculous claim about consumer spending and a claim about debt (specifically credit card debt).  Although the crazy debt levels in the U.S. are plain, your "sales have dropped" tack was pretty nuts.  Go here:

http://www.bls.gov/cex/csxann05.pdf

2003-->2004 consumer spending up 6.3%

2004-->2005 consumer spending up 6.9%