asur
Well-Known Member
- Joined
- Feb 3, 2008
- Messages
- 1,100
Obama and the Fed are lying about the state of the US economy.
There is no stabilization, it is getting worse actually.
No exaggeration needed here.
The job and housing markets deteriorated in July. This is proof
that Porkulous spending hasn't helped. Now retail sales are tanking and
this spells more pain to come.
The stock market has improved in July, but that can change!
Breaking News: Aug 13, 2009
Retail sales disappointed in July and the number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly last week. The latest government reports reinforced concerns about how quickly consumers will be able to contribute to a broad economic recovery.
The Commerce Department said Thursday that retail sales fell 0.1 percent last month. Economists had expected a gain of 0.7 percent.
While autos, helped by the start of the Cash for Clunkers program, showed a 2.4 percent jump -- the biggest in six months -- there was widespread weakness elsewhere. Gasoline stations, department stores, electronics outlets and furniture stores all reported declines.
If people can not find jobs is this a recovery?
This is called CHANGE!
There is no stabilization, it is getting worse actually.
No exaggeration needed here.
The job and housing markets deteriorated in July. This is proof
that Porkulous spending hasn't helped. Now retail sales are tanking and
this spells more pain to come.
The stock market has improved in July, but that can change!
Breaking News: Aug 13, 2009
Retail sales disappointed in July and the number of newly laid-off workers filing claims for unemployment benefits rose unexpectedly last week. The latest government reports reinforced concerns about how quickly consumers will be able to contribute to a broad economic recovery.
The Commerce Department said Thursday that retail sales fell 0.1 percent last month. Economists had expected a gain of 0.7 percent.
While autos, helped by the start of the Cash for Clunkers program, showed a 2.4 percent jump -- the biggest in six months -- there was widespread weakness elsewhere. Gasoline stations, department stores, electronics outlets and furniture stores all reported declines.
If people can not find jobs is this a recovery?
This is called CHANGE!