NRF’s Rachelle Bernstein appeared on CNBC to talk about the idea of a “retail bailout,” outline why sales tax holidays are effective, and discuss how the “Cash for Clunkers” program may be inadvertently taking money away from traditional retail.
View the clip below and share your thoughts in the comments section.
One Comment
Will be very interesting indeed to see how the auto industry in US holds up now the cash for clunkers program has ended. Quite a few Australia eyes will be watching closely I think.