Retailers have jumped the shark

The Hill | September 30, 2016

How long does it take to admit something isn’t working? One year? Four? Longer?

Sixty-five percent of all new television series are cancelled after their first season.

The average tenure for a head coach of an SEC football team is just over four years.
New Coke lasted seven years—but having suffered through that era, I can say that was probably too long. (The late Peter Jennings thought so. He heralded the return of classic Coke by breaking into daytime TV.)

This week marks the five-year anniversary of implementation of the Durbin Amendment, a provision in the Dodd-Frank Wall Street reform bill that set price controls on interchange fees for some debit cards. Like New Coke and Fonzie’s infamous shark jumping stint in the fifth season of “Happy Days,” this idea was a bad one.

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