Home > Federal Bureaucrats > Holiday Shopping Down to 2008 Levels: Obama Stole Christmas

Holiday Shopping Down to 2008 Levels: Obama Stole Christmas

Obama's Economy: Let him own it..

Obama’s Economy: Let him own it..

A new report came out today that holiday shopping is down to the lowest levels since 2008.

The so called smart people predicted a 3-4% increase in shopping, but that bubble was shattered when the reports came in a 3/4% of consumer spending.

Think we are in a recovery? Well according to the numbers we are no where near solid ground. Of course the blame is on Sandy, shooting’s and Fiscal Cliff debauchee. Yet nobody will “blame Obama” for his tax hikes that will come down on everyone. Why do people ignore these facts?

Now all stores will see about 15% of returns come back over the next few days so that will make the numbers look even worse.

On the bright side for consumers will see stores slash prices over 50% starting today, but on the flip side that means stores will lose more money further weakening the economy. Remember when stores slash prices that doesn’t mean it’s a good thing, especially if you have stock in the companies; and most people who have 401K’s have these stocks in their portfolio.

Categories: Federal Bureaucrats
  1. December 26, 2012 at 10:50 pm

    Wait until the “holiday labor” gets in the unemployment line again and the job numbers go through the floor, along with all of those that voted for the one who will be unemployed because of obamacare regulations. Less than 50 employees, less than 40 hours, etc…

    You are right. The “smart people” hate these “evil corporations” that their 401k’s are invested in! They are slitting their own throats. The smart investment would be in firearms, ammunition, long term storage food, water, and matches.

    I’m no conspiracy theory but the price of food is going up. Corn crops failed miserably this year and will be felt in 2013. It will not get better soon. And Boehner is selling the conservatives out. He needs to GO.

    • December 27, 2012 at 2:25 am

      Oh the price of dairy is suppose to really jump in price, then you will see so many other things go through the roof. This is only the beginning of the real shit that is going to boil over into mass panic. Their is another underlying problem that nobody has even heard about and that is livestock is not reproducing at normal reproduction rates. They are saying a new virus is sterilizing them from GMO foods. Once that info gets out people are going to freak out…

  1. December 27, 2012 at 2:59 pm

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