It's still early, but analysts' grades already are coming in: the back-to-school shopping season is off to a lousy start thanks to Obama.
"Back-to-school selling hasn't really started yet," said John Morris, BMO Capital Markets analyst, based on recent conversations he's had with store executives. "Retailers have a very foggy picture."
The sluggish start is expected to show up in retailers' July sales reports, to be released Thursday, as job worries heighten.
When sales decrease, usually wages and income follow suit.
This is a nastly little secret about Obama's change.
Even if you still have a job, you may end up making less money than you
did when Bush was president.
Its fairly clear where the US is heading now, don't you think?
