Let People Prosper

Let People Prosper

Black Friday: The Real Cost of Overspending

Black Friday crowds are hitting record highs—but confidence is sinking. Washington’s spending addiction, not consumer behavior, is driving America’s affordability crisis.

Vance Ginn, Ph.D.'s avatar
Vance Ginn, Ph.D.
Nov 28, 2025
∙ Paid

Hello Friends!

Black Friday always tells us something about the economy. This year, it tells us everything.

The National Retail Federation expects a record 186.9 million shoppers, the most ever. If you only read headlines, you’d think Americans are overflowing with confidence. They aren’t.

According to the Conference Board, consumer confidence fell to 88.7…

User's avatar

Continue reading this post for free, courtesy of Vance Ginn, Ph.D..

Or purchase a paid subscription.
© 2026 Vance Ginn · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture