GameCube Sales Quadruple, Nintendo Debuts New Slogan

Thanks to GameSpot for their report that sales of Nintendo's GameCube have quadrupled, following the price cut to $99. The piece quotes an effusive GameStop spokesman as saying: "Our sales of Nintendo GameCube have increased more than fourfold. We are currently increasing our shipment requests for the system throughout the holidays." Meanwhile, the Chicago Sun-Times reports on the new Nintendo adverts, both TV and print, with the tagline "Who Are You?" - the print ads "...show the heads of Nintendo characters superimposed on famous images, including players in the rock band Kiss, a person straddling the now-demolished Berlin Wall and no less an icon than the Mona Lisa", and the massive $100 million ad spending will also feature "a 60-second cinema commercial... shot on location in Asia... [and featuring] more than 500 extras."

Comments

Re:Lower the price, and sales increase

[RzUpAnmsCwrds]

"Now if we can convince our governments that if they lower taxes, the tax revenue will actually increase."

Yes, but only if it's done properly. Broad tax cuts (and, even worse, tax cuts for the wealthy) like Bush's aren't very expensive. The bulk of the money went to the upper middle and upper class individuals. Those individuals are likely to save the money instead of spending, which doesn't stiumlate the economy at all. Think about it: an upper middle class or upper class individual already has the money to buy an expensive car (or they already own one); an extra $3000 isn't going to mean anything (they already had a spare $3000, another spare $3000 isn't going to mean a bit of difference). Someone who's living paycheck-to-paycheck may not have the money to buy a car or computer; an extra $3000 makes them much more likely to do so.

So, yes, tax cuts do stimulate the economy, but only if they go to the people who will spend it.

Sidenote 2: The US cannot stand any more tax cuts. We actually need tax increases. With $6 trillion in debt, a huge defecit, increased spending, and trillions in Social Security debt, this country needs to start being responsible with money.

Sidenote 3: Much of Europe is in the same situation as the US, if not a worse situation. Social programs cost money, and with the ratio of retirees to workers increases, so will the defecit. France has already had problems with the EU for holding too much debt, and Italy has the lowest birth rate in the world.