How’s That “Created Or Saved” Business Going?
The White House says “swimmingly.”
The numbers say “drowningly”
WASHINGTON (AP) — Retail sales fell in December as demand for autos, clothing and appliances all slipped, a disappointing finish to a year in which sales had the largest drop on record.
The weakness in consumer demand highlighted the formidable hurdles facing the economy as it struggles to recover from the deepest recession in seven decades.
The Commerce Department said Thursday that retail sales declined 0.3 percent in December compared with November, much weaker than the 0.5 percent rise that economists had been expecting. Excluding autos, sales dropped by 0.2 percent, also weaker than the 0.3 percent rise analyst had forecast.
For the year, sales fell 6.2 percent, the biggest decline on records that go back to 1992. The only other year that annual sales fell was in 2008, when they slipped by 0.5 percent.
No one is spending.
No one is hiring.
Everyone is afraid of all the new taxes, regulations and government mandates that are coming.
On top of the insane debt explosion.
But each month the “experts” are shocked, SHOCKED by the “unexpected” declines in the economy.
I need another box of wine.
Biz, Nanny State, Politics | Mr. Bingley | 
January 14, 2010 11:14 am
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Is one box enough?
Sounds like a sequel to Titanic.
Who will be the one to save the economy? Puff the magic dragon?
Too funny @ another box.
I think we’re going to need a bigger box.
While we can afford it.
Since I heard this on the radio just today…
Let me be clear on what will be
It’s hope and change, but nothing’s free
‘Cause I’m the O-man
Yeah, I’m the O-man
So many jobs to save or create
So much free speech that I call ‘hate’
‘Cause I’m the O-man
Yeah, I’m the O-man
If you drive your car, I’ll tax the shocks,
If you own a house, I’ll tax the locks
If you take a walk, I’ll tax your socks
And if you drink wine
I’ll tax the box
Yes we can!
(Federally-subsidized guitar solo)
‘Cause I’m the O-man
Yeah, yes we can!
Don’t ask me what I want it for
(Uh-uh, Mr. Bingley!)
Or folks might print your credit scores
(Uh-uh, THS!)
‘Cause I’m the O-man
Yeah, I’m the O-man
And my advice if you get sick:
You’ll pay but we won’t cover it
‘Cause I’m the O-man
Yeah, I’m the O-man
And you’re working for no-one but me…
(Black-market guitar solo)
Brilliant, ‘Fly!
(and no, that’s not the sound of a hel;icopter you hear overhead. Just stay in your seat. everything is fine.)
::furioushandclapping::
Obama’s method of counting saved or created jobs was a complete crock anyway.
I’m sure there’s spending going on. On canned/non perishable foods, home first aid kits, ammunition.
There are lots of us out here who are hearing the hollow echo of a big shoe about to drop…