Top Economists Blame Fashion Industry For Economic Woes

NEW YORK, NY — As Fashion Week comes to a close, the National Association for Business Economics (NABE) has issued a statement condemning current fashion administration elites such as Calvin Klein and Oscar de la Renta. According to the NABE, fashion industry leaders have deliberately damaged the American economy with fall’s longer hemlines and darker colors. The dismal fashions are matched by slow job growth plunging consumer confidence, and the the worst housing slump in a quarter-century.

“Shame on them!” said Professor Penny Monee, who works to help fashion houses understand how their choices affect our over economic situation. “Economic acitvism in fashion is overdue. It’s just common sense. When the economy is in trouble, you don’t go designing drab dresses and long skirts!”

Monee believes in economic stimulus through physical stimulus. “Show women something shiny and they’ll buy it. Show men some skin and they’ll open their wallets. It’s basic economics!”

Monee’s group, along with the NABE’s Special Committee of Fashion Analysis is hoping designers choose a more responsible approach next year. They are optimistic for a more favorable spring showing in London and New York come spring.