Have a few skivvies in your underwear drawer that are less than in the best condition? Chances are, since nobody ever really sees your underwear, while times are tight you will make due with what you have. That is the theory behind the idea that men's underwear sales is a good indicator of economic conditions.
Alan Greenspan said in an interview on NPR a few years ago that the first thing men stop buying when the economy tightens is underwear, and as a matter of fact, underwear is one of several unusual indicators economists turn to.
Considering recent underwear sales, according to the economists that support this theory, we may not see a recovery until 2013.
I'm a firm believer that in the near future underwear sales is going to go up as the economy sinks further into collapse. This will happen as a result of people beginning to fully realize the damage Obama and the Democrats are causing this country, and then crapping their pants as a result.
Just a thought.
-- Political Pistachio Conservative News and Commentary
How your undies track the recession - MSN Money, Michael Brush
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