{"id":32639,"date":"2009-06-11T01:01:01","date_gmt":"2011-05-19T02:20:10","guid":{"rendered":""},"modified":"2011-05-19T02:20:10","modified_gmt":"2011-05-19T02:20:10","slug":"rush_s_morning_update_getting_even_june_12_2009","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/06\/11\/rush_s_morning_update_getting_even_june_12_2009\/","title":{"rendered":"Rush\u2019s Morning Update: Getting Even\r\n\r\nJune 12, 2009"},"content":{"rendered":"<section>\n<p><img loading=\"lazy\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125101.Par.0002.ImageFile.jpg\" width=\"199\" height=\"137\"\/> <\/p>\n<p><BR\/><strong>Rush\u2019s Morning Update: Getting Even<\/strong><\/line><BR\/><strong><strong>June 12, 2009<\/strong><\/strong><\/line><BR\/><img src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125102.ParBottom.95973.ImageFile.jpg\"\/><\/line><BR\/><strong>Watch It!<\/strong> <strong> <\/strong><a href=\"http:\/\/stream.rushlimbaugh.com\/cgi-bin\/members.cgi?site=rushlimb&#038;type=download&#038;clips=1&#038;stream=2009\/06\/Rush%20Limbaugh%20-%20Jun%2012%202009%20-%20Morning%20Update.mp4\">Download Morning Update Video in QuickTime<\/a><\/line><BR\/><strong>Listen to It!<\/strong> <a href=\"http:\/\/mfile.akamai.com\/5020\/wma\/rushlimb.download.akamai.com\/5020\/clips\/09\/06\/MU061209.asx\"><strong>Windows Media Player<\/strong><\/a>|<a href=\"http:\/\/mfile.akamai.com\/5020\/rm\/rushlimb.download.akamai.com\/5020\/clips\/09\/06\/MU061209.ram\"><strong>RealPlayer<\/strong><\/a> <\/line><\/p>\n<p>A consulting firm &amp;ndash; Bain &amp; Company &amp;ndash; projects a dismal year for merchants who sell luxury goods. According to this analysis, it won\u2019t be until 2012&#8230;before the luxury-goods markets fully recover from the economic downturn.<\/p>\n<p>Claudia D\u2019Arpizio, a partner and luxury-goods expert with the firm, anticipates a wave of consolidations &#8211; as businesses merge to survive. She says luxury chains like Saks are reporting same-store sales 27 percent lower than last year. And it\u2019s not just here in America. She forecasts a 10 percent decline in luxury spending worldwide. Upscale stores have also cut their orders for the upcoming holiday season, so don\u2019t expect to see large discounts at Christmas. For the luxury consumer &amp;ndash; the news is bad. And it\u2019s going to stay bad.<\/p>\n<p>Now, this has to make liberals happy. The hated rich are finally taking it in the shorts. They\u2019re not spending as much, and when they do spend, they purchase fewer items. You can bet &amp;ndash; unlike the government &#8220;rich&#8221; &amp;ndash;they\u2019re not taking a private plane up to New York for a theater and dinner date&#8230; or flying the wife and kids to Paris &amp;ndash; so they can enjoy a shopping spree.<\/p>\n<p>Of course, when the non-government rich don\u2019t buy, manufacturers suffer, unemployment grows, the economy flat-lines&#8230;but what the hell &amp;ndash; that\u2019s a small price to pay for finally getting even with\u2019em. Isn\u2019t it?<\/p>\n<p>*Note: Links to content outside RushLimbaugh.com usually become inactive over time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rush\u2019s Morning Update: Getting EvenJune 12, 2009Watch It! Download Morning Update Video in QuickTimeListen to It! Windows Media Player|RealPlayer A consulting firm &amp;ndash; Bain &amp; Company &amp;ndash; projects a dismal year for merchants who sell luxury goods. According to this analysis, it won\u2019t be until 2012&#8230;before the luxury-goods markets fully recover from the economic downturn. [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rush&#039;s Morning Update: Getting Even  June 12, 2009 - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2009\/06\/11\/rush_s_morning_update_getting_even_june_12_2009\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Rush&#039;s Morning Update: Getting Even  June 12, 2009 - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"Rush\u2019s Morning Update: Getting EvenJune 12, 2009Watch It! Download Morning Update Video in QuickTimeListen to It! Windows Media Player|RealPlayer A consulting firm &amp;ndash; Bain &amp; Company &amp;ndash; projects a dismal year for merchants who sell luxury goods. According to this analysis, it won\u2019t be until 2012&#8230;before the luxury-goods markets fully recover from the economic downturn. 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Download Morning Update Video in QuickTimeListen to It! Windows Media Player|RealPlayer A consulting firm &amp;ndash; Bain &amp; Company &amp;ndash; projects a dismal year for merchants who sell luxury goods. According to this analysis, it won\u2019t be until 2012&#8230;before the luxury-goods markets fully recover from the economic downturn. 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