Weakest Retail Spending Since 2008? (fence, military, economy, money)
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The increase in holiday sales WAS a small increase - and thus disappointing, but it WAS an INCREASE. That's a far cry from the economy "crashing" (and the shopping season is not yet over). The fact is there's just a lot of uncertainty right now - with the fiscal "cliff" (not really a "cliff" at all) and the massive hurricane damage in the NE - but the fiscal "cliff" issue WILL be resolved and the economy will continue to move forward (as it has done for the past 3 years).
You clowns have been predicting doom and gloom for the past 4 years - and none of it has happened - no runaway inflation under Obama, no crashing stock market under Obama, no plunging dollar under Obama, etc, ect, etc.
Since the initial mess left for him when he was sworn-in in 2009, things have gradually been getting better - and will likely continue to do so.
Raising taxes on even those making $250K would result in about $80 billion a year,...nothing but window dressing,....and about $20 billion more than what the administration is asking for TOTAL Sandy relief. It's a pure political joke engineered by Obama to make the liberals think he gives a crap.
As for spending cuts,...the democrats immediately took Medicare and Social Security off the spending cuts table. More smoke and mirrors to make the people more dependent on government.
Then you must be happy about taxes going up for everyone. As for Social Security, and Medicare.....well, those are OFF the Fiscal Cliff automatic cuts too, and that was put together by a team with many Republicans in it. What both parties want to do is cut the WASTE in Medicare. Like I said, they were making progress in a bi-partisan manner, but now GOP has pretty much declared they are not interested in a deal. I am not sure what they want at this time, unless they are bluffing.
What do you want? The choises are Fiscal Cliff, or no Fiscal Cliff, and you don't seem to want either, as long as you get to make partisan comments.
How is it the weakest spending since 2008 yet higher than last year by .07%? I may be hungover but that doesn't add up.
That was below the healthy 3 to 4 percent growth that analysts had expected — and it was the worst year-over-year performance since 2008, when spending shrank sharply during the Great Recession. In 2011, retail sales climbed 4 to 5 percent during November and December, according to ShopperTrak.
The increase in holiday sales WAS a small increase - and thus disappointing, but it WAS an INCREASE. That's a far cry from the economy "crashing" (and the shopping season is not yet over). The fact is there's just a lot of uncertainty right now - with the fiscal "cliff" (not really a "cliff" at all) and the massive hurricane damage in the NE - but the fiscal "cliff" issue WILL be resolved and the economy will continue to move forward (as it has done for the past 3 years).
You clowns have been predicting doom and gloom for the past 4 years - and none of it has happened - no runaway inflation under Obama, no crashing stock market under Obama, no plunging dollar under Obama, etc, ect, etc.
Since the initial mess left for him when he was sworn-in in 2009, things have gradually been getting better - and will likely continue to do so.
Ken
And for the pat 4 years you left wing nut jobs blamed bush for a bad economy. Store sales were up this year because jan 1 all the poor middle class and rich will be keeping much less of our own money. Most understood spend now when we can. Because the left is so obsessed with the rich they are willing to tax everyone to eke out 80 billion a year more from the rich
And for the pat 4 years you left wing nut jobs blamed bush for a bad economy. Store sales were up this year because jan 1 all the poor middle class and rich will be keeping much less of our own money. Most understood spend now when we can. Because the left is so obsessed with the rich they are willing to tax everyone to eke out 80 billion a year more from the rich
Bush DID leave Obama with a BAD ECONOMY.
What part of the crash of late 2008 do you NOT remember?
The increase in holiday sales WAS a small increase - and thus disappointing, but it WAS an INCREASE. That's a far cry from the economy "crashing" (and the shopping season is not yet over). The fact is there's just a lot of uncertainty right now - with the fiscal "cliff" (not really a "cliff" at all) and the massive hurricane damage in the NE - but the fiscal "cliff" issue WILL be resolved and the economy will continue to move forward (as it has done for the past 3 years).
You clowns have been predicting doom and gloom for the past 4 years - and none of it has happened - no runaway inflation under Obama, no crashing stock market under Obama, no plunging dollar under Obama, etc, ect, etc.
Since the initial mess left for him when he was sworn-in in 2009, things have gradually been getting better - and will likely continue to do so.
Ken
This, pretty much.
Plus, I spent equal or less than years past, and it had nothing to do with my perceptions of the economy.
Most Americans don't alter their spending habits until forced to do so. So if taxes DO increase on lower earners because of Republican obstructionism and penchant for using our resources and fighting hardest for the benefit of a small % of Americans, THEN we might see changes in consumer spending the first half of the year.
That is, until, all those Republican voters who fancy themselves part of the rich producer class realize they are NOT, and that they too are finding cuts to their take home pay that ACTUALLY affects their lifestyle. Then maybe they'll force their leaders to stop obstructing. But again, since Republican leaders only go to the mat for the top 5-1% or so alone, fat chance on that one, suckers.
Yep and sales this year are the worst since 2008 stop blaming bush for the now.
And yet STILL an INCREASE - and overall holiday sales this year are MORE than ANY year of the Bush Administration - ANY year.
The peak year for holiday sales under Bush was 2007. They were lower than that in 2008 and again in 2009 (though UP from 2008) and in 2010 they surpassed the peak Bush year of 2007, then 2011 surpassed even 2010 and 2012 is passing 2011. So 2010, 2011 AND 2012 are ALL going to surpass the BEST year (in total Holiday Retail Sales) of the Bush Administration - even WITH a smaller increase than expected this year.
Then you must be happy about taxes going up for everyone. As for Social Security, and Medicare.....well, those are OFF the Fiscal Cliff automatic cuts too, and that was put together by a team with many Republicans in it. What both parties want to do is cut the WASTE in Medicare. Like I said, they were making progress in a bi-partisan manner, but now GOP has pretty much declared they are not interested in a deal. I am not sure what they want at this time, unless they are bluffing.
What do you want? The choises are Fiscal Cliff, or no Fiscal Cliff, and you don't seem to want either, as long as you get to make partisan comments.
Partisan comments? You,...the automatic-Republican-hater,...accuse someone else of making "partisan comments"? Freakin' laughable,...but not unusual.
If you can't see Obama's political pandering in the "tax-the-rich" scheme, then you are dumber than a box of rocks. Also,...the payroll tax cuts that Obama trots out as an "tax increase to the middle class" was HIS OWN proposal, yet now he somehow tries to blame it on the republicans.
This fiscal "crisis" cannot be solved without everyone sharing the pain. The rich can't be taxed enough to even pay the interest on the debt, so let's go over the cliff and let EVERYONE share in the pain. Let the tax increases ALL go up.
Satisfied?
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