Obamanomics update: double dip recession, here we come

According to CBS News, sales at walmart, 11% of the US retail economy, have fallen nine weeks in a row. Further, chain store sales have dropped three times in a row, with the latest drop 1.5%. These are taken as very bad signs by analysts, indicating the approach of a second recessionary dip. Tell me more about the miracle of keynesian economics.

Gladly...

It saved us from another Great Depression.

The problem is the stimulus was too small.

But the fact that the price of gas is going down is going to help bring the economy back by next year.

Bad news for Republicans.

Of course that is it though there is nothing that shows that, no metric proving it and not even a real 'jobs saved/created' metric. That is all bullshit hype that goes hand in hand with the next mindless statement:
Obamanomics update: double dip recession, here we come

What’s telling and sad is that many on the right actually wish this would happen. They actually want to see fellow Americans suffer so they might realize some perceived political gain.
Ya, right. That is what the republicans want. Just like all the dems want poverty and misery as they burn the country to the ground so they can institute complete communism in the aftermath...

Your statements sound exactly like that.
 
Just yesterday Obama said the recent economic downturn is just a run of bad luck, wow.......

The guy is out of touch and insane. He has made the economy far worst...:evil:
Now wait just a minute there Slick! If the economy went from bad to worse, how could you get a "double dip?" There HAD to be some improvement in the economy in order to get the second dip!!!! The very fact that CON$ are hoping for a "double dip" is an admission that Obama brought about at least a partial recovery from the Bush depression!!!
 
Obamanomics update: double dip recession, here we come

What’s telling and sad is that many on the right actually wish this would happen. They actually want to see fellow Americans suffer so they might realize some perceived political gain.

As opposed to the Democrats who were hoping for a big body count in Iraq for political gain.
The hypocrisy of the Left always impresses me with its brazeness.


Obama's policies are hopeless failures. And worse is he has no idea what to do different. His latest tack is:
1) Raise taxes on millionaires and billionaires
2) Adopt his plan to reduce spending by $4T (which would happen in Year 20 of his presidency)
3) Close loopholes for big corporations.

This has been his mantra for 3 years (except cutting spending which he reads is popular among the peasants). None of it is a solution. None of it is realistic.
You would think the president of the united states would have access to sound economic advice.
 
According to CBS News, sales at walmart, 11% of the US retail economy, have fallen nine weeks in a row. Further, chain store sales have dropped three times in a row, with the latest drop 1.5%. These are taken as very bad signs by analysts, indicating the approach of a second recessionary dip. Tell me more about the miracle of keynesian economics.

Gladly...

It saved us from another Great Depression.

The problem is the stimulus was too small.

But the fact that the price of gas is going down is going to help bring the economy back by next year.

Bad news for Republicans.

Of course that is it though there is nothing that shows that, no metric proving it and not even a real 'jobs saved/created' metric. That is all bullshit hype that goes hand in hand with the next mindless statement:
Obamanomics update: double dip recession, here we come
What’s telling and sad is that many on the right actually wish this would happen. They actually want to see fellow Americans suffer so they might realize some perceived political gain.
Ya, right. That is what the republicans want. Just like all the dems want poverty and misery as they burn the country to the ground so they can institute complete communism in the aftermath...

Your statements sound exactly like that.
Well what do the statements from the Big Mouth on the Right, and GOP shill, sound like to you???

November 5, 2008
RUSH: I hope all your Joe the Plumbers are unemployed in six months! There.

October 31, 2008
RUSH: Joe the Plumber. Now, Joe the Plumber is an average citizen

February 13, 2009
I Hope the Stimulus Package Fails
RUSH: I hope it prolongs the recession.
 
Gladly...

It saved us from another Great Depression.

The problem is the stimulus was too small.

But the fact that the price of gas is going down is going to help bring the economy back by next year.

Bad news for Republicans.

Of course that is it though there is nothing that shows that, no metric proving it and not even a real 'jobs saved/created' metric. That is all bullshit hype that goes hand in hand with the next mindless statement:
What’s telling and sad is that many on the right actually wish this would happen. They actually want to see fellow Americans suffer so they might realize some perceived political gain.
Ya, right. That is what the republicans want. Just like all the dems want poverty and misery as they burn the country to the ground so they can institute complete communism in the aftermath...

Your statements sound exactly like that.
Well what do the statements from the Big Mouth on the Right, and GOP shill, sound like to you???

November 5, 2008
RUSH: I hope all your Joe the Plumbers are unemployed in six months! There.

October 31, 2008
RUSH: Joe the Plumber. Now, Joe the Plumber is an average citizen

February 13, 2009
I Hope the Stimulus Package Fails
RUSH: I hope it prolongs the recession.

You're forgetting some.

Feb 10, 2010
RUSH: I want to kill old ladies with my bare hands.

Sept 17 2009
RUSH: I worship at Satan's altar daily.
 
Of course that is it though there is nothing that shows that, no metric proving it and not even a real 'jobs saved/created' metric. That is all bullshit hype that goes hand in hand with the next mindless statement:

Ya, right. That is what the republicans want. Just like all the dems want poverty and misery as they burn the country to the ground so they can institute complete communism in the aftermath...

Your statements sound exactly like that.
Well what do the statements from the Big Mouth on the Right, and GOP shill, sound like to you???

November 5, 2008
RUSH: I hope all your Joe the Plumbers are unemployed in six months! There.

October 31, 2008
RUSH: Joe the Plumber. Now, Joe the Plumber is an average citizen

February 13, 2009
I Hope the Stimulus Package Fails
RUSH: I hope it prolongs the recession.

You're forgetting some.

Feb 10, 2010
RUSH: I want to kill old ladies with my bare hands.

Sept 17 2009
RUSH: I worship at Satan's altar daily.
Unlike CON$, I use only REAL quotes!!!!!
 
According to CBS News, sales at walmart, 11% of the US retail economy, have fallen nine weeks in a row. Further, chain store sales have dropped three times in a row, with the latest drop 1.5%. These are taken as very bad signs by analysts, indicating the approach of a second recessionary dip. Tell me more about the miracle of keynesian economics.

I think that's nine quarters in a row.

Wal-Mart has experienced declining same store sales for a while now. There was an article in the WSJ yesterday say that Wal-Mart has lost its low price brand amongst many consumers, so declining sales are a Wal-Mart problem, not necessarily an economy problem.

If you want to look at sales as a barometer of economic health, you have to look at the entire economy, not one company.

The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for July, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $390.4 billion, an increase of 0.5 percent (±0.5%)* from the previous month, and 8.5 percent (±0.7%) above July 2010. Total sales for the May through July 2011 period were up 8.2 percent (±0.3%) from the same period a year ago. The May to June 2011 percent change was revised from +0.1 percent (±0.5%)* to +0.3 percent (±0.3%)*.

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According to CBS News, sales at walmart, 11% of the US retail economy, have fallen nine weeks in a row. Further, chain store sales have dropped three times in a row, with the latest drop 1.5%. These are taken as very bad signs by analysts, indicating the approach of a second recessionary dip. Tell me more about the miracle of keynesian economics.
Good, real Americans are finally tired of buying cheap Chinese crap, but CON$ are depressed by Walmart's demise and less American dollars going overseas!!!!!
 
According to CBS News, sales at walmart, 11% of the US retail economy, have fallen nine weeks in a row. Further, chain store sales have dropped three times in a row, with the latest drop 1.5%. These are taken as very bad signs by analysts, indicating the approach of a second recessionary dip. Tell me more about the miracle of keynesian economics.

I think that's nine quarters in a row.

Wal-Mart has experienced declining same store sales for a while now. There was an article in the WSJ yesterday say that Wal-Mart has lost its low price brand amongst many consumers, so declining sales are a Wal-Mart problem, not necessarily an economy problem.

If you want to look at sales as a barometer of economic health, you have to look at the entire economy, not one company.

The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for July, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $390.4 billion, an increase of 0.5 percent (±0.5%)* from the previous month, and 8.5 percent (±0.7%) above July 2010. Total sales for the May through July 2011 period were up 8.2 percent (±0.3%) from the same period a year ago. The May to June 2011 percent change was revised from +0.1 percent (±0.5%)* to +0.3 percent (±0.3%)*.

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WalMart is still a proxy for retail sales in the US. Their declining sales are yet another bad sign for the economy.
 
According to CBS News, sales at walmart, 11% of the US retail economy, have fallen nine weeks in a row. Further, chain store sales have dropped three times in a row, with the latest drop 1.5%. These are taken as very bad signs by analysts, indicating the approach of a second recessionary dip. Tell me more about the miracle of keynesian economics.

I think that's nine quarters in a row.

Wal-Mart has experienced declining same store sales for a while now. There was an article in the WSJ yesterday say that Wal-Mart has lost its low price brand amongst many consumers, so declining sales are a Wal-Mart problem, not necessarily an economy problem.

If you want to look at sales as a barometer of economic health, you have to look at the entire economy, not one company.

The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for July, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $390.4 billion, an increase of 0.5 percent (±0.5%)* from the previous month, and 8.5 percent (±0.7%) above July 2010. Total sales for the May through July 2011 period were up 8.2 percent (±0.3%) from the same period a year ago. The May to June 2011 percent change was revised from +0.1 percent (±0.5%)* to +0.3 percent (±0.3%)*.

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WalMart is still a proxy for retail sales in the US. Their declining sales are yet another bad sign for the economy.

Not when retail sales in general are rising. When retail sales have been rising and Wal-Mart's comps have been falling, that's Wal-Mart losing share. That's a Wal-Mart problem.
 
I think that's nine quarters in a row.

Wal-Mart has experienced declining same store sales for a while now. There was an article in the WSJ yesterday say that Wal-Mart has lost its low price brand amongst many consumers, so declining sales are a Wal-Mart problem, not necessarily an economy problem.

If you want to look at sales as a barometer of economic health, you have to look at the entire economy, not one company.



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WalMart is still a proxy for retail sales in the US. Their declining sales are yet another bad sign for the economy.

Not when retail sales in general are rising. When retail sales have been rising and Wal-Mart's comps have been falling, that's Wal-Mart losing share. That's a Wal-Mart problem.

We dont know whether they are or not. What you posted was a guess at best.
 
WalMart is still a proxy for retail sales in the US. Their declining sales are yet another bad sign for the economy.

Not when retail sales in general are rising. When retail sales have been rising and Wal-Mart's comps have been falling, that's Wal-Mart losing share. That's a Wal-Mart problem.

We dont know whether they are or not. What you posted was a guess at best.

I know that they are because I see the reports that say they are losing share.
 
Wouldn't surprise me to see another dip in the economy.

If a Republican was in the oval office right now, that wouldn't make a hell of a lot of difference, either.
 
Well what do the statements from the Big Mouth on the Right, and GOP shill, sound like to you???

November 5, 2008
RUSH: I hope all your Joe the Plumbers are unemployed in six months! There.

October 31, 2008
RUSH: Joe the Plumber. Now, Joe the Plumber is an average citizen

February 13, 2009
I Hope the Stimulus Package Fails
RUSH: I hope it prolongs the recession.

You're forgetting some.

Feb 10, 2010
RUSH: I want to kill old ladies with my bare hands.

Sept 17 2009
RUSH: I worship at Satan's altar daily.
Unlike CON$, I use only REAL quotes!!!!!

No, libs just take pieces out of context to mischaracterize statements that people make. There is another word for that, oh ya. It's called LYING. Try again. I am not interested nor do I care what random idiotic quotes you pull from pundits. You are trying to seriously label an entire group with the antics of one radio host. That is bad, particularly when that host is Rush.


In the end, the left wing radio heads are no different and bring just as mush bullshit to the table but I guess that is okay...
 
Not when retail sales in general are rising. When retail sales have been rising and Wal-Mart's comps have been falling, that's Wal-Mart losing share. That's a Wal-Mart problem.

We dont know whether they are or not. What you posted was a guess at best.

I know that they are because I see the reports that say they are losing share.

This does not surprise me. If you have ever shopped at a Wal-Mart before the meltdown and now you would notice a HUGE difference in their selection. That is really half their draw with the other half being prices and they are slipping in that realm as well. They enjoyed a rather huge bump in sales as a matter of the declining economy because they were so cheap. It is destined to reverse itself as they lessen variety and raise prices to deal with the shortfalls in sales.
 
What a Bullshit thread... TM clearly gave her opinion as fact that the recovery was going to happen this month... And that CEO's said they WERE GOING TO hire later, oh and that the housing market MIGHT POSSIBLY get better in 2 years....

Fuck this thread!

Obama: He’s so dreamy!
 
Obamanomics update: double dip recession, here we come

What’s telling and sad is that many on the right actually wish this would happen. They actually want to see fellow Americans suffer so they might realize some perceived political gain.

What is telling and sad is many on the left only want things to get better so they can say "fuck you Republicans!" But to make things better means you might have to do huge cuts and possibly lower taxes and regulation and repeal the unconstitutinal Obamacare... But many of these dems won;t have it because then they could't say "fuck you Republicans!!"

Party over country as TM always says she is =D.
 
Obamanomics update: double dip recession, here we come

What’s telling and sad is that many on the right actually wish this would happen. They actually want to see fellow Americans suffer so they might realize some perceived political gain.

What is telling and sad is many on the left only want things to get better so they can say "fuck you Republicans!" But to make things better means you might have to do huge cuts and possibly lower taxes and regulation and repeal the unconstitutinal Obamacare... But many of these dems won;t have it because then they could't say "fuck you Republicans!!"

Party over country as TM always says she is =D.

Democrats are banking on the rope a dope strategy for reelection. They already roped one dope.
 
Obamanomics update: double dip recession, here we come

What’s telling and sad is that many on the right actually wish this would happen. They actually want to see fellow Americans suffer so they might realize some perceived political gain.

That he fails. He needs to fail, so they can feel vindicated. Even if it costs them the country, if there is any implied or perceived harm to him - WINNING!


I hate to point out the obvious here, Boop...but it's REALLY hard to make a case that anyone but Barack Obama and his progressive pals are responsible for the ongoing failure. The election in '08 gave Democrats super majorities in the House and Senate. They could have passed whatever they wanted to for legislation and there wasn't a thing the conservatives could have done about it. Democrats used that super majority to pass Obama Care. They also used it to pass the so called stimulus plan. So if they could use their majority to pass THOSE two things then why didn't they use the same majority to pass legislation to fix the economy?

The simple answer is that they didn't even TRY. They didn't touch entitlement reform. They didn't touch tax reform. They didn't even pass a budget. But you want to blame our current problems on the Republicans? Does that make sense to you?
 

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