Black Friday is upon us, and — in keeping with tradition — so are the attendant brawls, melees, assaults, thefts and general mayhem.
Nevertheless, Black Friday appears a bit more sedate this year overall. Reuters reports:
Bargain hunters found relatively little competition compared with previous years. Some had already shopped Thursday evening, reflecting a new normal of U.S. holiday shopping, where stores open up with deals on Thanksgiving itself, rather than waiting until Black Friday.
Retailers "have taken the sense of urgency out for consumers by spreading their promotions throughout the year and what we are seeing is a result of that," said Jeff Simpson, director of the retail practice at Deloitte. Traffic in stores was light on Friday, while Thursday missed his expectations…[more]
In thinking through how to respond if the Supreme Court strikes down a controversial IRS interpretation of ObamaCare, Republicans in Congress should remember that “a fundamental flaw of the [law] was its imposition of new regulations that made health insurance more expensive for millions of Americans and that, in large part, the [law’s] health insurance subsidies are intended to mask this effect.”
So advises a new report by Edmund F. Haislmaier and Drew Gonshorowski of the Heritage Foundation. In it, the conservative policy wonks make a straightforward argument: If people in…