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(CBS NEWS) Analyst: Even Dollar Stores Struggling In ‘Obama Depression’
CBS Los Angeles ^
| 07/11/2011
| CBS Los Angeles
Posted on 07/11/2011 1:39:51 PM PDT by The Magical Mischief Tour
More stores across the U.S. that offer deeply-discounted products are seeing their sales decline after years of growth amid Americas Great Recession and one analyst said on Monday its another sign of even deeper downturn.
SNIP
I think whats going on in those stores is that we are in a depression for 80 percent of Americans,
SNIP
In other words, the economy is continuing to be worse, the Obama depression continues to explode, he added.
(Excerpt) Read more at losangeles.cbslocal.com ...
TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Front Page News; Government; News/Current Events
KEYWORDS: analyst; bananarepublic; bhoeconomy; bhofascism; democrats; depression; dollar; dollarstore; dollarstores; economy; hopeychangey; nobama; nobama2012; obama; obamadepression; obamalaise; obamanomics; retail; stores; struggling
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To: NEMDF
61
posted on
07/12/2011 5:55:35 AM PDT
by
EBH
( Whether you eat your bread or see it vanish into a looter's stomach, is an absolute.)
To: bikerman
wasn’t there a Ben Franklin 5 & dime too?
62
posted on
07/12/2011 6:32:29 AM PDT
by
Newton
('No arsenal is so formidable as the will and moral courage of free men and women.' -Ronald Reagan)
To: Newton
I remember seeing them in my travels but none in my old home town in long island. Might be more a middle west store or maybe southern.
63
posted on
07/12/2011 9:05:45 AM PDT
by
bikerman
(Where Has My America Gone?)
To: Chickensoup
I think you’re wrong.
Visit a Dollar General - it’s basically a mini-Walmart.
They have a large variety of items, but not many of each on the shelf (fast inventory turnover).
We’re not talking “durable goods”, we’re talking necessities of life.
To: nascarnation
65
posted on
07/12/2011 1:07:23 PM PDT
by
Chickensoup
(The right to bear arms is proved to prevent totalitarian genocide.)
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