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Commerce Dept reports 2nd Straight Monthly Drop in Retail Sales
http://www.foxnews.com/ ^

Posted on 07/14/2010 5:46:01 AM PDT by Red in Blue PA

Banner headline at Foxnews. 0.5% drop.

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy
KEYWORDS: bhoeconomy; blameamerica; blamebush; noaccountability; notobamanoway; unemployment
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Where is this Recovery everyone is talking about?
1 posted on 07/14/2010 5:46:05 AM PDT by Red in Blue PA
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To: Red in Blue PA
U N E X P E C TE D ! ! ! ! ! ...........
2 posted on 07/14/2010 5:46:39 AM PDT by Red Badger (No, Obama's not the Antichrist. He's just some guy in the neighborhood.............)
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To: Red in Blue PA
Image Hosted by ImageShack.us
3 posted on 07/14/2010 5:49:20 AM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: Red in Blue PA

Recovery Summer!


4 posted on 07/14/2010 5:49:32 AM PDT by Common Sense 101
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To: Red in Blue PA

I’m living proof of that. I’m in retail; manage a garden center. We’re a TAD ahead of last year, which surprised the heck outta me, but that was due to reducing staff and not loading up on inventory.

I still have a LOT of stuff to sell, but my year ends on September 30th, so I have a while to do it.

It’s been tough sleding since about mid-June. We’re only making a buck because we’ve cut expenses in every possible place we can. We are to the bone now, and hopefully don’t have to go to the marrow!

Recovery my Aunt Fannie!! And the Midwest has been greatly insulated from the rest of the USA this time around. But it’s here now, that’s for certain.


5 posted on 07/14/2010 5:49:46 AM PDT by Diana in Wisconsin (Save the Earth. It's the only planet with Chocolate.)
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To: Red in Blue PA

Meanwhile @ the DNC...

“QUICK! SOMEONE GET SOME RACE CARDS!!!!!!

We are going to need some major distractions from this...”


6 posted on 07/14/2010 5:51:05 AM PDT by VanDeKoik (Iran doesnt have a 2nd admendment. Ya see how that turned out?)
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To: Red in Blue PA

Obama to Blame:

1) Oil Spill in Gulf
2) Sarah Palin’s mean words
3) George Bush
4) Greedy Corporations
5) Fox News
6) ‘bitter clinger’s’

Oh well, we all get the point...


7 posted on 07/14/2010 5:53:01 AM PDT by Le Chien Rouge
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To: Diana in Wisconsin

Everyone’s out of a job, underemployed, given up, or just broke.

Of course they’re not spending.

And....it’s incredible to me....the plan is to RAISE TAXES.

Take away more of the little bit of money that they have left over after paying expenses.

Those first round tax increases hit in January, DinWisc, so I’d plan for a small Christmas rush and then a deadly slow winter.


8 posted on 07/14/2010 5:54:34 AM PDT by xzins (Retired Army Chaplain and proud of it. Those who truly support our troops pray for their victory!)
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To: Red Badger

“U N E X P E C TE D ! “

That is always what the Obamie Marxist MSM says about anything that they could not cover up or lie about.


9 posted on 07/14/2010 5:55:22 AM PDT by AlexW
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To: Red in Blue PA
There seems to be an increasingly inverse relationship between news and economic data. More and more I hear people on NPR talk about the recovery, how big it is, will it be sustained, will events on the other side of the world derail our ongoing recovery, blah, blah, blah.

Meanwhile, the economic data seems to relentlessly indicate that there is no recovery at all.

10 posted on 07/14/2010 5:56:22 AM PDT by ClearCase_guy
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To: Diana in Wisconsin
I’m living proof of that.

I work in wholesale in the SE Texas area. Our employment has been better than the national numbers, but we're beginning to feel it now also. The drilling moratorium is scaring a lot of us as well. Summer months have traditionally been our money makers, but I'm looking at mid July numbers and they look more like January numbers. I'm beginning to really worry.

11 posted on 07/14/2010 5:59:30 AM PDT by Bearshouse
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To: Red in Blue PA

12 posted on 07/14/2010 5:59:52 AM PDT by jimbo123
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To: xzins

Yep no job here. We just cut cable and several other items to try and make it. Won’t be buying much of anything and continuing to clip coupons while looking for better deals.


13 posted on 07/14/2010 6:06:15 AM PDT by doodad
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To: xzins
Everyone’s out of a job, underemployed, given up, or just broke.

Even if you're working, you're looking at increased health care costs, higher taxes, increased fuel and electricity rates, etc. All thanks to the Democrats in DC. Everybody's hanging onto their money because there doesn't appear to be any end to it.

People don't know what to expect because they keep lying to us about how much it's going to cost, and they've hunkering down, preparing for the worst, and hoping it's enough.

14 posted on 07/14/2010 6:07:51 AM PDT by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: doodad

Smart decisions...keep fighting!


15 posted on 07/14/2010 6:07:51 AM PDT by xzins (Retired Army Chaplain and proud of it. Those who truly support our troops pray for their victory!)
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To: ClearCase_guy

I listen to NPR, too. They are truly “whistling past the graveyard”............


16 posted on 07/14/2010 6:09:13 AM PDT by Red Badger (No, Obama's not the Antichrist. He's just some guy in the neighborhood.............)
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To: tacticalogic

Exactly....the re-reports now from all the bean counters from the Congression Budget Office to independent think tanks is that EVERYTHING was underestimated and that it’s gonna be a whole lot worse

This is Obama’s terrible economy and Obama’s tragic job market. And it’s far worse than the reported 10%


17 posted on 07/14/2010 6:10:07 AM PDT by xzins (Retired Army Chaplain and proud of it. Those who truly support our troops pray for their victory!)
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To: Red in Blue PA

That’ll surely create more jobs <s


18 posted on 07/14/2010 6:12:10 AM PDT by tiki
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To: xzins

>Even if you’re working, you’re looking at increased health >care costs, higher taxes, increased fuel and electricity >rates, etc.

You left out: Watching the houses in the neighborhood go unsold, listed at less than their current mortgage amount.


19 posted on 07/14/2010 6:14:28 AM PDT by updatedscreenname
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To: Diana in Wisconsin

I planted a bigger veggie garden this year to reduce grocery store buys, weather hasn’t been great for it though. Still I’ve not bought as much from the grocery store as I’d usually buy, and it tastes a lot better.

Clothing stores haven’t seen much of my business either, and won’t until they start carrying conservative ADULT clothing, not street walker clothes.


20 posted on 07/14/2010 6:18:08 AM PDT by GailA (obamacare paid for by cuts & taxes on most vulnerable Veterans, retired Military, disabled & Seniors)
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