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Read My Red Lips: RECESSION

Conrad37 Wrote: Jun 11, 2012 8:32 AM
Katie you can sure dig up some interesting facts. I never would have even considered women's lipstick and nail polish sales to rise during a recession. Hope these smart women can also vote out a lot of these social do gooders who just keep handing out money to almost anyone.
Joycey Wrote: Jun 11, 2012 8:41 AM
The social do gooders have nefarious reasons for their handouts.

If you’re tracking the economy, start tracking women’s lips. If they’re red, plump and glossy, then you know that the economy is heading into a recession.

With the possible exception of Kim Kardashian, who has millions to blow on 72-day marriages, American women are putting off big-ticket investments like weddings, childbirth or homeownership because of the economy. Instead, they’re buying lipstick. Lots and lots of lipstick.

During the 2001 recession, Estée Lauder chairman emeritus Leonard Lauder conceived the “lipstick index” to describe the spike in cosmetic sales he witnessed during hard economic times. Today, Lipstick and nail polish sales are...