Heard an interesting comment by one of the financial people on cable. When the economy was bad before, stores like Macy’s and Kohl’s would say their customers are trending down to Wal Mart. But now, the economy is so bad that Wal Mart said that their customers are trending down to DOLLAR STORE! I kid you NOT!
“dollar stores” are the fastest growing retail category. Some good charts and trends here:
As Leno was really hitting Obama on these things the past few months, I thought it was a sign that the American people were finally ‘getting it’ about the failures of the Obama administration on debt, deficit and spending. Typically the top tv comedians like a Leno or Carson are good barometers on public opinion. Clearly, the American people still don’t get it. At least 51% of them.