America’s Terrible, Awful, Very Bad Economy

If you listen to the news in America, you’d think we were headed for the next great depression.  It’s almost as if people are willing to say anything to get ‘their guy’ into the White House.

Tell me again how horrible the US economy is?

U.S. sales of video game hardware and software rose 53 percent in June from a year ago

PlayStation 3 console sales jumped 94 percent from the prior month. U.S. consumers bought 405,500 PlayStation 3 consoles in June, up from 208,700 consoles in May.

Nintendo Co Ltd sold 660,000 Wii consoles during June, a slight decrease from the 675,100 Wiis sold the month before. But the Wii’s solid sales have secured its spot as the best-selling video game console in the U.S. of the current generation of machines. The console has sold 10.9 million units since its November 2006 release.

Microsoft Corp sold 219,800 Xbox 360 consoles, a 17.8 percent increase from May.

For the first half of 2008, the U.S. video game industry has generated $8.3 billion in sales. This is a 36 percent increase in sales from the same period a year before.

Do you realize that one of these consoles costs more money than most people in the world will see all year? (PlayStation 3 = $500; Nintendo Wii = $577; Xbox 360 = $449)  It makes me sick every time someone in the US complains about hard economic times… Perspective people, let’s get some!

5 Responses to “America’s Terrible, Awful, Very Bad Economy”


  1. 1 Jennifer Sabin

    I’m not sure about the other game stations, but the Wii is typically found for about $250.

    And here is a sign that the economy has taken a hit - Starbucks is closing hundreds of stores!

    Of course… relative to the rest of the world, we are still very well off.

  2. 2 Steve

    I just got my prices from Circuit City’s website… should have known better (they are often overpriced!)

    My point is still valid, IMO.

    :-) I’m really not as grumpy as this post makes me seem! Have a nice day!

  3. 3 John Brainard

    I’ve been trying to tell my wife that our economy is not nearly as bad as everyone is trying to make it out to be. She worries too much. Obviously, with fuel prices high like they are, things are getting tougher, but I can’t believe we’re on the verge of another great depression!

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