I like to think that, in the vein of Charlie Brown, that it is the spirit of Christmas that counts. Certainly, there are moments on Christmas Eve and Christmas Day when I believe this to be true. Glancing at the parking lot of Target is not one of them.
For many, Christmas is a huge expense. In 2004, sales grew by 6.7 percent. This year, according to the Washington Post,
The NRF has been among the most bullish, forecasting sales growth of 6
percent, to $439.53 billion. Other groups, like the International Council of
Shopping Centers, expect a more modest increase of 3 percent to 3.5
percent.
[To put it into perspective, the The International AIDS Vaccines Initiative estimates that the total annual spending on an AIDS vaccine is $682 million.]
Maybe it's good that Christmas comes but once per year.
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