from The Daily Bell:
Nearly 1 in 10 U.S. Families Don’t Exchange Holiday Gifts … Forty-four-year old Michelle Morton’s Christmas celebration probably doesn’t look like yours — but you might wish it did. That’s because, for the past few years, the Raleigh, N.C., resident and her sisters and husband have instituted a no-gift policy for the holidays. “It was stressful and expensive getting all those gifts, when none of us really needed any of it,” she explains. “In order to stop the madness, our Christmas became about being able to spend time with family.” … — MarketWatch
Dominant Social Theme: Spend as much as you can this Christmas.
Free-Market Analysis: We checked ‘Net search engines but there was little this year about the consumerist backlash against Christmas. We know it exists, but the mainstream media doesn’t seem to be in the mood to comment on it. Then this recent MarketWatch article turned up. It estimates that one in ten families don’t exchange gifts, but, hey … we bet dissatisfaction with the modern positioning of Christmas is even greater than that. Here’s more:
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