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Old 01-06-2018, 07:18 AM
 
Location: Salisbury,NC
16,761 posts, read 8,237,301 times
Reputation: 8539

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Quote:
Originally Posted by skeddy View Post
Sears and Kmart have been losing billions of dollars and closing stores for years. Meantime, Sears Holdings, hasn't turned a profit since 2010 and warned last year there was "substantial doubt" that it will be able to stay in business.

By the end of July 2017, Sears Holdings had only 1,250 stores left in the United States, down from 3,400 at the start of 2006.

Why did Obama let this happen?
What is Trumps plan to correct this. None

 
Old 01-06-2018, 07:18 AM
 
Location: Ft. Myers
19,719 posts, read 16,881,808 times
Reputation: 41863
An old thread, back from the dead ! Overall, the economy has stayed pretty consistent, IN SPITE of Donald Trump being in office. A lot of factors enter into that, not the cheer leading reasons the Trumpees give (WOW, Trump is wonderful, look at the economy !!! ) It has very little to do with him.
 
Old 01-06-2018, 07:22 AM
 
Location: Salisbury,NC
16,761 posts, read 8,237,301 times
Reputation: 8539
The layoffs announced will be actually double once the stores, restaurant's other small business loose traffic from these closings.
 
Old 01-06-2018, 07:23 AM
 
51,663 posts, read 25,896,174 times
Reputation: 37899
Exactly.

Though if Team Trump wants to claim credit for creating jobs, seems only fair to take credit for lost jobs.
 
Old 01-06-2018, 07:25 AM
 
Location: Boston
20,182 posts, read 9,083,605 times
Reputation: 18907
Quote:
Originally Posted by Boss View Post
What is Trumps plan to correct this. None
Correct it? You want the government to buy Sears?
 
Old 01-06-2018, 07:30 AM
 
Location: Salisbury,NC
16,761 posts, read 8,237,301 times
Reputation: 8539
Quote:
Originally Posted by skeddy View Post
Correct it? You want the government to buy Sears?
He is the genius correcting the economy, so lets see his plans. Well we cant because Nutty Don has no plans
 
Old 01-06-2018, 07:36 AM
 
Location: Boston
20,182 posts, read 9,083,605 times
Reputation: 18907
Quote:
Originally Posted by Boss View Post
He is the genius correcting the economy, so lets see his plans. Well we cant because Nutty Don has no plans
Trump is not responsible for finding minimum wage jobs for the unskilled. Time to man up and find them yourselves. There are plenty of them out there.
 
Old 01-06-2018, 07:45 AM
 
51,663 posts, read 25,896,174 times
Reputation: 37899
Quote:
Originally Posted by skeddy View Post
Let's talk layoffs....



General Motors
Workers cut: 47,000
When: February 2009

Circuit City Stores
Workers cut: 34,000
When: January 2009
2009?

The economy was in a free fall thanks to Bush and the Republicans

Obama was sworn in January 2009. Despite constant obstruction from Republicans, job losses turned into job gains and and we are now on the tail end of the longest period of job and economic growth in recent history.

Job growth is slowing down. Numbers are down from last year.
 
Old 01-06-2018, 07:52 AM
 
Location: Boston
20,182 posts, read 9,083,605 times
Reputation: 18907
Quote:
Originally Posted by GotHereQuickAsICould View Post
2009?

The economy was in a free fall thanks to Bush and the Republicans

Obama was sworn in January 2009. Despite constant obstruction from Republicans, job losses turned into job gains and and we are now on the tail end of the longest period of job and economic growth in recent history.

Job growth is slowing down. Numbers are down from last year.
Obama was President, quit making excuses for him.
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