Monday, December 8, 2008
Inauguration money woes....
The inauguration is upon us and already you can here the cha-ching of the credit cards and cash registers clicking. I mean think about it, you can’t go without a new ball gown that will cost you between $2,000 and $5,000 and then there is the hotel room that will cost about $1,200 and then there’s the limo, the passes, and all the baubles to go with the big day..racking up the total of about $11,000 by the end of the inaugural extravaganza. Now maybe it’s America’s response to the dying market and all of the negative news that is splashed across the front of the newspaper. But is charging a whopping $11,000 weekend trip onto your Amex really the best thing for the economy right now? Or are we celebrating our patriotism and right to be an American by spending our last hard earned dollar on this ball for our wonderful president elect, Barack Obama? Most people justify spending the crazy amount of money on hotels and such because this is such a historical and groundbreaking event, but what about our economy?? The fashion business is booming right along with limo rentals and the hospitality service, but what happens after the ball when all the credit card collectors come knocking on the door?
Subscribe to:
Comments (Atom)