First, traditional retailers may need to think about closing more stores in 2012 as the least-trafficked outlets fail to generate enough sales to cover fixedoverheadcosts.
The question is whether the balance between the private sector (profitable by nature) and the government (unprofitable by nature) has shifted so much that there won't be enough rebound to cover the overhead, to pay the economy's fixedcosts while it digs out from recession.