1.14.2009

Positive Press for Obama

I just got back from the International Gift and Home Furnishings show in Atlanta. Our company ran into some representatives from bigger accounts and bigger businesses, which is great. As I spoke to the owner of one of these accounts, he gave me his prediction for the economy after Obama takes the oath. He feels the press will give him six months of positive press and praise. He also mentioned that 55% of the workforce are public employees (government employees, etc. whose salaries and pensions are untouched by the bad economy). These two things combined will restore at least some consumer confidence. I found his theory to be pretty interesting. I guess time will tell whether retail sales will make some sort of rebound.

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