Tom Toles for November 12, 1995

Transcript:

TV: Consumers have dramatically cut back their borrowing which could slow the economy, but which might be a healthy development after their heavy earlier borrowing which boosted the economy but added to concerns of low savings and overstimulation, but could result in sluggish sales leading into the all-important Christmas sales period.. Santa: It used to be a lot easier to know if they've been bad of good. TV: As we continue our look at the real meaning of Christmas sales indicators.