The Economy.. will hi end audio mfgs lower prices?


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The state of California just laid off 20,000 employees. National unemployment is at a 30 year high.

Will there be a shake-out in high end audio? Will we continue to see $10k preamps and $30k amps?

According to the article below, prices of most consumer goods, especially big ticket consumer goods are going down.

....copy and paste it into your browser

http://finance.yahoo.com/tech-ticker/article/176714/American-Retail-Goods-On-Sale-Now----and-Forever?tickers=sks,%5Egspc,%5Edji,wmt,jwn,wfmi,cost
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128x128mitch4t
If you think anything that has happened to our economy was due to incompetence, then you have taken the bait and swallowed the Kool-Aid. As Sns pointed out above, an effort was made to include Social Security in this plunder.
Back in 1998 the groundwork for this escapade was laid when W was convinced to run and was subsequently installed. His regime then systematically revised most of our government either covertly or through outright assumption of power.

I believe his mandate was to take ordinary millionaires and convert them to billionaires. The record shows that he was quite successful.
Wondering why only a few posters placed blame on unscupulous behavior?
Too many crooks in the white woods.
& what about the elevnd of seept. The biggest robbery ever.
Worse part of it those that were robbed don't have a clue.
I believe his mandate was to take ordinary millionaires and convert them to billionaires. The record shows that he was quite successful.

Check the latest Forbes' list of current billionaires. The number has dropped dramatically. Success is fleeting.
High End Audio is not going to lower their prices EVER!!!
They have an image to uphold and would probably rather shoot themselves first, much the way the recording industry has imploded on itself. It is possible that prices will come down, but only if the industry receives a stimulus bailout. :>)
That idiot dilletente owner of my Philadelphia Eagles made the list of billionaires this go 'round, with the description "self made" no less. I guess mom buying you a football team with that Harcourt Brace money qualifies as being self made in this day and age.

Jeff Lurie's now a billionaire, yet can't find $7M to match the offer future Hall of Famer Brian Dawkins got from Denver. Somewhere in the lack of loyalty that embodies everything of this day and age, I almost laugh in recalling the Chateau Luzerne commercial with the 4 liter, bigger than a gallon, jug and the mantra, "How do you think I got so rich?"