The whole economy was expected to take a hit overall, and uncertainty about the future was pretty high. Not really ideal circumstances for a boom in furniture shopping and home renovations, IMHO.
I feel like if you run a business and don't understand "the whole economy is expecting to take a hit" means the poors get poorer and the rich get richer and that this has very little bearing on any actual spending unless your business is literally shuttered you are a grade A moron
I'm gonna say it again, if you own a sawmill and you read "Literally everybody is going to have to stay home and can't spend money on anything but deliveries, groceries and home improvements" and you think this is the time to slow down because you expecte to make less money you have lucked into your sawmill ownership as a failson who doesn't understand the system it operates under.
The whole economy was expected to take a hit overall, and uncertainty about the future was pretty high. Not really ideal circumstances for a boom in furniture shopping and home renovations, IMHO.
I feel like if you run a business and don't understand "the whole economy is expecting to take a hit" means the poors get poorer and the rich get richer and that this has very little bearing on any actual spending unless your business is literally shuttered you are a grade A moron
I think you're oversimplifying it a lot but at any rate they certainly did fuck it up.
I'm gonna say it again, if you own a sawmill and you read "Literally everybody is going to have to stay home and can't spend money on anything but deliveries, groceries and home improvements" and you think this is the time to slow down because you expecte to make less money you have lucked into your sawmill ownership as a failson who doesn't understand the system it operates under.
I'm fully with @pussad here.
I think you have a really rosy view of what the outlook was back then.