tag:blogger.com,1999:blog-2826531655042170344.post2646392062953040622..comments2024-03-26T11:29:52.986+00:00Comments on Economic Incentives: Retail sales slide againSeamushttp://www.blogger.com/profile/15679299530222667673noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2826531655042170344.post-10036885505233967842011-07-28T19:37:40.293+01:002011-07-28T19:37:40.293+01:00While I appreciate this is bad news for the retail...While I appreciate this is bad news for the retail sector - and VAT collections - isn't a shift from spending to saving required as an element of deleveraging the economy? Also, looking at the widening gap between sales volume and value prompts the question of whether "rip-off-direland" isn't slowly but surely being addressed?<br /><br />I might be guilty of seeing a half-full glass where most observers discern slops, but looking at these graphs makes me wonder if there isn't a story there of an economy rebalancing itself - though clearly this process won't be without further pain.Eoin Leahyhttps://www.blogger.com/profile/04687043520697855998noreply@blogger.com