March 03, 2009 at 10:10 AM EST
Op-Ed: The Great Retail Die-Off
Editor's Note: James Quinn is a senior director of strategic planning for a major university. James has held high-level financial positions with a retailer homebuilder and a university in his 22-year career. Check out more at www.TheBurningPlatform.com.Politicians bureaucrats and financial pundits are breathlessly awaiting the return of irrational exuberance. They believe American consumers just need a little confidence to resume their rightful place at the top of the economic pyramid. I hate to be a wet blanket - but the American consumer isn’t coming back. The burden of debt continuing home price depreciation lack of savings and the aging ...
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