One retailer blames “bad weather.” A crock. When will someone report honestly that the slump is the result of Obamacare sticker shock?
Bingo, you just won first prize, a day free from Obamaganda.
“I’m inclined to believe that retail numbers are a lot worse than anything reported.
“One retailer blames “bad weather.” A crock. When will someone report honestly that the slump is the result of Obamacare sticker shock?”
No one, even so called conservative business watchers/writers want to say that Obamacare Sticker Shock lowered the holiday sales last year.
Then across the country, due to Obamacare Sticker Shock, people don’t have money to spend in stores. That will get worse, not better as we roll along.
Some of us including me have been warning others about the ObamaCare Grinch ruining Christmas and impacting sales this year.
I'm on the front lines and I can confirm this, though there is more to it than Obamacare Sticker Shock (which really hasn't even hit, yet...)
Mall foot traffic is way off over the last 18-20 months. It was just about the time that America realized they were going to get a second Obama term, like it or not, that the decline began. My own store is converting well - we can get an ever-higher percentage of walk-ins to buy, but there are fewer than half the walk-ins we used to get - so we're pretty much treading water. Small stores in our area are getting mowed down left and right, but a surprising number of foolish optimists are popping up with new concepts to replace them. I fear many are downsized corporate types putting their life savings into one last gamble.
Wait another year - 2015 will be the real test.
The retail numbers are much, much more worse that reported. The reason that they were even that good is that most of the goods purchased were either on sale or discounted and they were for the biggest part, purchased on plastic [credit cards].