One year chart, gas prices in California... Wish it stayed down.
Posted on 08/18/2015 6:40:15 PM PDT by Lorianne
The government issued their monthly retail sales this past week and four of the biggest department store chains in the country announced their quarterly results. The year over year retail sales increase of 2.4% is pitifully low in an economy that is supposedly in its sixth year of economic growth with a reported unemployment rate of only 5.3%. If all of these jobs have been created, why aren’t retail sales booming?
The year to date numbers are even worse than the year over year numbers. With consumer spending accounting for 70% of our GDP and real inflation running north of 5%, it’s pretty clear most Americans are experiencing a recession, despite the propaganda data circulated by the government and Fed. The only people not experiencing a recession are corporate executives enriching themselves through stock buybacks, Wall Street bankers using free Fed Bucks while rigging the the markets in their favor, politicians and government bureaucrats reaping their bribes from billionaire oligarchs, and the media toadies who dispense the Deep State approved propaganda to keep the ignorant masses dazed, confused, and endlessly distracted by Cecil the Lion, Bruce/Caitlyn Jenner, Ferguson, and blood coming out of whatever.
You won’t hear CNBC, Bloomberg, the Wall Street Journal or any corporate mainstream media outlet reference the fact retail sales growth is at the exact same levels as when recession hit in 2008 and 2001. Their job is to regurgitate the message of economic recovery and confidence in the future, despite overwhelming evidence to the contrary.
(Excerpt) Read more at theburningplatform.com ...
It’s not that.
Crappy store. Crappy products. And crappy staff.
One year chart, gas prices in California... Wish it stayed down.
I know, we pay $9000 in after tax money for healthcare not counting deductibles of over 10k.
We paid over 30k in taxes last year and we have one child because the second would be unaffordable.
If we were broke or illegal we would be making free money, healthcare, free additional kids and so forth.
Remember, there is 26% real unemployment and we are really in another Great Depression. This one has the Treasury and social programs doubling the national debt trying to get by.
Actually, I think Amazon is the reason.
ping fyi
Cost my son $675 a month to add his son to his insurance plan at work with a $5,000 deductible - same amount it would have cost to add ten kiddos. I found out that if I claim him as a dependent, he would be eligible for Texas Medicaid and taxpayers would foot the entire cost. Not something that my conscience would allow me to do though but probably a lot of other people would.
Is that in CA? You have to move. I live in MA and even with our commie care, it’s not that bad.
It’s not Amazon or Fedex or Ups. It is reduced sales due to reduced personal revenue. Family income is really low and it awaits a new administration which understands just what is happening.
The recession is still as strong as it was 5 years ago.
Well heck, my list of boycotts is so large I barely shop at all.
100% correct.
Commercial and residential rents are too high, homes are way too high, food, fuel, material, insurance on and on. We do our part and purchase as little as humanly possible. For the most part, only what is necessary.☺
Everything goes up but wages...
Here in California, gasoline prices are increasing, not declining.
That’s why Trump is leading on the poll.
Well, nice to see there's some good news...
For me, it’s a general “malaise” that set in on January 20, 2009. Aside from the fact that my Dad had a heart attack during the Inauguration and died two weeks later, I’ve been watching unfold the fundamental transformation we were promised. The day the community organizer leaves office, I expect to begin my recovery—unless he is replaced by someone of the same ilk.
I agree with you. No unusually large number of parcel deliveries in my neighborhood. And many that do occur are mail-order medication!
please include the govt workers and their retirees as people not exp. the recession/depression.....
how can you beat that?....you can't...
we're all hurting....I can definitely say we are worse off than 6 yrs ago,much worse.
Highest income taxes.
Highest cost of gas.
Added taxes on water, gas, electricity, and maybe the highest sales tax?
Over a third of the USA’s welfare is given in the state of CA.
We're F’d because people here are trained to put their hands out for scraps and get it.
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