This is a very good article.
I have a friend who owns a Sewing machine store. The top model sells for $10,000 dollars, even the mid priced model is $5,000, People can buy a lot of clothes for $5,000 dollars.
Another friend is in the truck repair business. When no one is building , no one is getting their truck fixed.
A friend in the florist business. Flowers cannot be eaten, unless somone dies no sales of flowers.
I can go on , I have a lot of friends.
Small Business will not be hiring, until people start spending.
No jobs, High priced Fuel, increased property taxes,High cost of food, Health Insurance rates rising, (Mine went up $35 a month) the High cost of heating homes in a really cold winter,almost no interest on savings,Fear of infation,(Government caused inflation) fear of losing pensions, Social Security frozen.
Many people have nothing to spend and others are afraid to spend.
Not happy at placing this generation in the toilet , the government has pledged out Grandchildrens future.
But Obama keeps flying and Golfing and playing B-ball, and having White Parties and ignores the trials of those middle class people he promised not to screw over.
Hubby’s pension check got hit by $300+ in more taxes for 2011, $120 last year. NO COLA’s for SS which means cheaper type foods, less gas, and we sure aren’t going to be buying a new car lots of clothing or gadgets.