Discussion in 'Political Discussion' started by NEPatriot, Dec 27, 2009.
Retail Sales Plummet - WSJ.com
We need people to spend $$$ to have a good Christmas ...
A pathetic thread .... but .... "it's what it's.
How do you expect people to spend money when they dont have a job?
Instead of wasting 2T dollars for bankrupted companies, everybody in US can have a 5000 dollar check to spend for Christmas.
It's what it's because you VOTED for it. Saying it doesn't solve any problem or make you feel better.
If you give a $5,000 check to a jobless person chances are they aren't going to spend it on Christmas - they're going to spend it on food, rent and health care.
If you give the bankrupted companies money they can starve off bankruptcy and stay open - and their employees stay employed - thus preventing how many more people from needing a yearly $5,000 check from the government to pay for food, rent and health care - for years to come.
Why is our unemployment rate still high after Obama gave these bankrupted companies money?
That is last year's article!!!!!!!!
It's a little disingenuous to post something from 2008 (check the date on the article * DECEMBER 26, 2008
) and trying to pull it off as current. What caught my eye was the line,
"A 40% drop in gasoline prices over the year-earlier period contributed to the sharp decline in total sales."
Gas prices were much lower last year...
Thanks for playing
An article from 2009
Retail Data Shows Strong Start to Holiday Season
A strong start to the holiday shopping season pushed retail sales higher in November, the government reported on Friday, propelling stock prices near their recent highsâ€¦â€¦â€¦â€¦â€¦.
In retailers as diverse as health stores and electronics boutiques, sales rose 1.3 percent last month from October, nearly twice the gain economists had expected.
Taken from the conservative playbook, outdated articles.. that is what you get when you google Obama bad, and do not check the dates...
You don't "starve off" bankruptcy. You stave off bankruptcy.
This has been a public service announcement.
Wasn't that from you spouse's post??? Why not just tell her so she can edit it, instead of dissing her on the forum???
You crack me up, Philly. You've got your ideological buddies calling her various unrepeatable names, and you're spun up because I corrected her word usage?
My GOD, I'm just like the Taliban!!!
I take a great deal of pride in the accomplishments the Mrs. has achieved in the world of letters, and am hoping she finds room in her heart to forgive this public excoriation. I will not, however, stand idly by and watch the English language abused even by those closest to my hollow and evil heart.
I was trying to bust your chops and be facetious but unfortunately the subtlety doesn't come through in the Internet......
I thought you were pretty funny - I also thought you were entirely correct.
MrP is going to stave right through dinner time now - unless he wants to order Chinese or something.
Get in the kitchen an make me a pie.
Eh, half n half. Somewhere in there I was busting your chops back but I didn't want to take any chances.
Not so sad after all, NEP - when you use the correct year, anyhow.
U.S. retailers posted a better performance during the 2009 holiday shopping season, with sales as tracked by MasterCard Advisors unit SpendingPulse up 3.6 percent.
Luxury sales, which include sales at high end department stores such as Saks Inc and Nordstrom, recovered after a bloodbath in 2008, edging up 0.8 percent.
Jewelry sales shot up 5.6 percent and gathered steam in the final days before Christmas, Rao said, aided in part by Wall Street bonuses this year and the stock market's rally in 2009.
"Luxury and jewelry are very sensitive to what's happening in the financial markets," Rao said.
Sales at specialty electronics chains such as Best Buy Co Inc rose 5.9 percent, in part because of pent up demand after sales fell sharply in 2008, Rao said.
Men's apparel sales rose 3.9 percent, while women's clothing sales edged down 0.3 percent, though sales picked up in December.
U.S. retail holiday sales up 3.6 percent: report | Reuters
Not too swift, eh?
OTOH leading liberal economist sees trouble in the 2nd half of 2010:
Freedom's Lighthouse: Liberal Paul Krugman Says He's "Really Worried" About Economic Downturn in 2010 - Video 12/27/09
I wouldn't give a $5,000 check to people either, but I wouldn't have given trillions to those financial losers too. A lot of the banks took that taxpayer money, and bought out other banks with it.
Cuz he won't feel as highly about himself, if only he knows that he corrected someone.
There are a LOT of highly knowledgeable economists who believe we're headed for a classic "W" economic trend. In other words, "Double-dip recession" here we come.
Care to qualify who they are... or do you just want to keep us all guessing..
Their names are on a web page somwhere - right below the link to the emails which were exchanged between The Detroit Bomber and al Qaeda.
Peter Schiff, Paul Krugman, Nouriel Roubini, Martin Feldstein, are some that come to mind. I'm sure you can find many many others with a simple google search.
Usually the world works if you make a statement you need to back it up, the "guy said it" is piss poor to say the lest..
Do not forget that this whole dialogue, started with play book of the right of posting a year old article... and trying to make it work today.
I voted for Chuck Baldwin
Separate names with a comma.