Irwin Stelzer- This Week in Economics, and Next

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Irwin Stelzer- This Week in Economics, and Next
Gifts and Guesses

Gifts and Guesses

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Irwin Stelzer
Jan 04, 2023
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Irwin Stelzer- This Week in Economics, and Next
Gifts and Guesses
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Gift-giving in America did not stop when Santa returned to wherever. Our political masters – or servants, depending on your point of view – did not rest between the Sundays that bracketed Christmas and New Year. While many  Americans were fighting their way home through record-breaking snow storms, and figuring out what to do with some sweater -- the most frequently returned of all gifts in a year in which retailers expect about 18 per cent of every gift they sold to be returned – congress was at work.

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