{"id":25647,"date":"2011-11-28T10:30:48","date_gmt":"2011-11-28T17:30:48","guid":{"rendered":"http:\/\/uprisingradio.org\/home\/?p=25647"},"modified":"2011-11-28T11:43:18","modified_gmt":"2011-11-28T18:43:18","slug":"black-friday-cyber-monday-and-the-state-of-the-american-economy","status":"publish","type":"post","link":"https:\/\/uprisingradio.org\/home\/2011\/11\/28\/black-friday-cyber-monday-and-the-state-of-the-american-economy\/","title":{"rendered":"Black Friday, Cyber Monday, and the State of the American Economy"},"content":{"rendered":"<p><ul class=\"inline-playlist playlist\" title=\"\"><li><a href=\"http:\/\/www.archive.org\/download\/DailyDigest-112811\/2011_11_28_woo.mp3\">Listen to this segment <\/a><\/li><\/ul><ul class=\"inline-playlist playlist\" title=\"\"><li><a href=\"http:\/\/www.archive.org\/download\/DailyDigest-112811\/2011_11_28_uprising.mp3\">Listen to the entire program<\/a><\/li><\/ul><\/p>\n<p><img decoding=\"async\" align=right width=50% src=\"\/home\/graphics\/black_friday.jpg\" alt=\"\" \/>Just two days after Black Friday, the most advertised shopping day of the year, retailers are again courting shoppers today with promises of big discounts &#8212; online. It&#8217;s Cyber Monday dubbed for the jump in website sales that became a tradition in recent years. Last year Cyber Monday  shoppers spent a record $1 billion. This past weekend Black Friday sales broke a record totaling $52.4 billion. According to the National Retail Federation, 226 million shoppers made purchases on Friday, up from 212 million bargain hunters last year. A whopping 37% of total spending was done online. Nearly 40% of shoppers spent their holiday money on electronics and over 48% of shoppers went to department stores. Some observers call the increase in spending this year compared to last a sign of economic recovery.  An estimated 25% of shoppers lined up at stores on Thanksgiving before doors opened on midnight Friday and shopping madness included the chaos that has become a disturbing standard.  USA Today reports that around the country at least two dozen people were reported injured on Black Friday. Walmart continues to be a target for mayhem. In Los Angeles a Walmart shopper sprayed dozens of shoppers including children with pepper spray in an effort to snag an Xbox video game player, a fight broke out among shoppers waiting in line at a Connecticut branch and in Walnut, California a Walmart shopper was arrested  for stealing. However, no deaths were reported this year, an improvement over previous years. A Walmart employee was trampled to death by stampeding  shoppers  in 2008. <\/p>\n<p><em>GUEST: Nicole Woo, Director of Domestic Policy for the Center for Economic and Policy Research<\/em><\/p>\n<p>Visit <a href=\"http:\/\/www.cepr.net\">www.cepr.net<\/a> for more information. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just two days after Black Friday, the most advertised shopping day of the year, retailers are again courting shoppers today with promises of big discounts &#8212; online. It&#8217;s Cyber Monday dubbed for the jump in website sales that became a tradition in recent years. Last year Cyber Monday shoppers spent a record $1 billion. This [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-25647","post","type-post","status-publish","format-standard","hentry","category-daily-program"],"_links":{"self":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts\/25647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/comments?post=25647"}],"version-history":[{"count":0,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/posts\/25647\/revisions"}],"wp:attachment":[{"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/media?parent=25647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/categories?post=25647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uprisingradio.org\/home\/wp-json\/wp\/v2\/tags?post=25647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}