Anybody that believes government statistics over what they actually experience in the real world needs their head examined.
http://www.nytimes.com/2008/04/15/business/15retail.html?_r=2&hp&oref=slogin&oref=slogin
“Retailing Chains Caught in a Wave of Bankruptcies”
Seems the big boyz can’t get it done either. This kind of downturn will change the face of strip malls and malls across this country, but hey let’s all be happy and dumb and not see what is really going on. What kind of message will this all be sending. People oughta wake up and smell the coffee, some coffee, any coffee.
inflation?
http://biz.yahoo.com/ap//inflation_squeeze.html?.v=4
“Food Costs Rising at Fast Clip, Squeezing Poor, Forcing Food Vendors to Explain Higher Prices”
The rose colored political spin glasses aren’t working anymore.