Cutting Back
Filed under: Business BlitzThe truest sign the economy is in serious serious financial disarray - consumer spending/retail sales dropped dramatically in September.
Nearly DOUBLE what had been expected!
Retail sales have now fallen for three consecutive months, the first time that has occurred on government records that go back to 1992
Posted: October 15, 2008 at 11:44 am



Loading...


Don't get your panties in a pinch, it always comes back.
good luck trying to find a job in this market
bahhhhhhh
Sarah Palin
and I are
going to create
jobs like Hilary
and Bill Clinton
did. WE love YOU.
Republicans hate this great country so strongly. It's unbelievable.
What the fuck do you know about economic Perez? Let Drudge do the heavy lifting here and you just stick to the fluff.
i miss shopping.
Re: erhg74 – I love my Country. Look at my avatar!
christmas is coming.
most people are saving for that
right now.
we are.
no shit noone is going to be out shopping when they are afraid the next great depression is coming….
Re: erhg74 – shut the fuck up retard
Re: Melissa is always right – i love your avatar and profile haha esp hating margaret cho LOL
Re: Melissa is always right – Are you shooting Squirrels for dinner?
Yeah and we can blame it mostly on Chris Dodd and Barney Frank for putting the pressure on to grant loans to those who couldn't pay. Thanks a lot.
fresh.
Re: mama of 2 – Christmas this year will be cute things made by my children. Treasures or dust collectors. Depends on you point of view.
…and to Bill Clinton for putting the fatally flawed idea into play in the first place (but I like Bill).
Re: sweetpiece – negs girlfriend, just shooting my gun because I can!
Oh whatever, the holidays are coming and I don't know anyone who would not buy their children gifts; due to a failing economy. People are just holding off on their spending until the holidays and aren't doing any uneccessary spending currently.
Re: Melissa is always right – Oh you power bitch!
Re: erhg74 – How ignorant are you?
I know I cut
back on my spending.
I did not even buy the two
Bill Ayres books, oops,
I mean the two books written by
Barack Obama.
(They're writing style
is so much alike…)
Of course spending has dropped - especially when every show is telling you to worry, telling you how to save (like Oprah, Dr. Phil, etc) - they're having special shows talking about 'cutting back', saving money, not buying Anything!
The problem is - this is NOT the thing that is going to help the economy. We need to spend money to get things rolling again.
The good thing is this: Xmas is coming and people will spend then. Hopefully that will pump some money into the economy!
1992, another election year after an 8 year bush run… funny
Hey Randelions I love stupid people like you that only know what you hear from work of month. If you would read up a little about 92 it was clinton that come up with the great bailout plan that still to this day is fucked. The first Bush did not hurt the economy it is your cover boy bill that swept so much under the carpet that when the next term was due there was so much shit uncovered that is why we stand they way we are. Please read the facts before you speak. I am not saying who is best for this country right now because you do not know until the term is served but I would take experience over non anyday and this is not the time to let somebody in office that has no experience at all in the political arena. Well he knows how to lie and keep a straight face that is about it.
I am Pro equal civil rights, Pro gay adoption and Pro Life… and I am anti Obama because he sells you the Robin Hood ideology… CHANGE sounds so pretty… THE WORST DECISIONS ARE MADE WHEN WE ARE DESPERATE FOR CHANGE… Look at Cuba, Venezuela, Nicaragua, Bolivia, Ecuador, China… etc., etc.,….. We need a re-structre of our system… but we do not need to CHANGE it completely….OBAMA WILL RUIN THIS COUNTRY!!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!! VOTE REPUBLICAN 08'!!!! VOTE REPUBLICAN 08'!!!!