Economic Update, for August 29, 2014 - 10:00am
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Thanks for the accurate analysis on French-fried Socialists.
Also, I believe you said a week ago that WalMart profits are about 130 billion per year in the USA, about 30 billion less than you reported this week is spent on American advertising. Wow, without the overhead of advertising the preponderance of goods distributed by WalMart would be free to the public. and that would be a quality of life boost.
Political campaign spending ( a special ad category) is the top income of media. It must be about a trillion per cycle (4 years). That's larger than all other advertising combined. IDrug ads are #2.) What a waste! What a shame!
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