"""The Obama Economy Showing It`s True Colors"""

1stRambo

Gold Member
Feb 8, 2015
6,221
1,019
255
Yo, I`m happy to see a tag along "Mini Puppet Store" suffer, this should tell other "Retailers" to get their noses out of the Ass of the Socialist Democrat Party, and get back to the American Way, Vote Republican!!!

Trump-Bashing Macy’s Closing 100 Stores

Sela-144x144.png
11 Aug, 2016

Uh oh. Macy’s is shutting down stores! Yes, at least a 100 of them, and the announcement was made yesterday. Do you remember the big hooplah that went down when they dropped Trump’s line…and were a bit cocky about it? Well…I’m sure he does.
la-1470922512-snap-photo.jpg

The Cincinnati-based company said the locations of the closed stores would be announced at a later date. It would not say whether the closures would include any of its 127 stores in California.

Most of the closures will occur early next year and involve an unspecified number of job cuts, Macy’s said.

Macy’s currently operates 675 full-line stores nationwide and 728 stores overall. The stores being closed generate roughly $1 billion in annual sales, or 4% of Macy’s total sales.

“Nearly all of the stores to be closed are cash flow positive today, but their volume and profitability in most cases have been declining steadily in recent years,” Macy’s President Jeff Gennette said in a statement.

Macy’s said closing the stores would enable the chain to bolster its online presence and “elevate our total customer experience across all methods of shopping.”

The move follows the chain’s decision to shut 40 stores earlier this year.

Macy’s said the upcoming store closings would not affect its Bloomingdale’s division.

Also on Thursday, Macy’s announced a sharp drop in its second-quarter profit on a 4% drop in sales.

Macy’s said its same-store sales last quarter — that is, sales at stores open at least one year, which is a key gauge of retailing — fell 2% from the same quarter last year.

“We operate in a fast-changing world” that requires “doing things differently and making tough decisions,” Macy’s Chief Executive Terry Lundgren said in a statement.

“We operate in a fast-changing world” that requires “doing things differently and making tough decisions,” Macy’s Chief Executive Terry Lundgren said in a statement.

Although it’s a bit shocking that it’s Macy’s now that has to shut down stores, I can’t say that we didn’t in a way see this coming. This is Obama’s America after all…and the economy under his rule is obviously… crap.

Trump-Bashing Macy's Closing 100 Stores | John Hawkins' Right Wing News

"GTP"
truth-is-the-new-hate-speech.jpg
 
Department stores have been in decline for years. That Macy's is closing is no surprise to anyone and certainly not the sign of a bad economy in any other sector.
 
Yo, I`m happy to see a tag along "Mini Puppet Store" suffer, this should tell other "Retailers" to get their noses out of the Ass of the Socialist Democrat Party, and get back to the American Way, Vote Republican!!!
[/QUOTE]
Trump-Bashing Macy’s Closing 100 Stores

Aug, 2016


Uh oh. Macy’s is shutting down stores! Yes, at least a 100 of them, and the announcement was made yesterday. Do you remember the big hooplah that went down when they dropped Trump’s line…and were a bit cocky about it? Well…I’m sure he does.

Actually, business is doing great in this country. Retail is not. Nothing new there. Perhaps it is you who has their head up their ass. You seem to echo a lot, and your totally ignorant of what is going on in the world.
 

Yo, I`m happy to see a tag along "Mini Puppet Store" suffer, this should tell other "Retailers" to get their noses out of the Ass of the Socialist Democrat Party, and get back to the American Way, Vote Republican!!!

Yup, those great republicans. Last time they were in power, they started the great republican Recession of 2008. Put millions out of work. Passed zero bills to help correct the great republican recession.

The dems just fixed the mess they made. Repubs always make a mess of things, then blame their mess on others. Standard.

Let's see how obama did:


"Since President Barack Obama first took office:
  • The U.S. trade deficit has shrunk by 24 percent; exports have grown faster than imports.
  • The number of immigrants in the U.S. illegally has gone down — by 3.4 percent according to one independent estimate and by 9 percent according to another.
  • The economy has added 9.7 million jobs.
  • The unemployment rate has dropped below the historical norm.
  • The buying power of the average worker’s weekly paycheck is up 4.2 percent.
  • Corporate profits are running 144 percent higher and stock prices have soared.
  • Federal debt has more than doubled, and annual deficits, after shrinking, are again on the rise.
  • The number of people lacking health insurance has gone down by nearly 15 million.
Those are just some of the findings in our latest installment of Obama’s Numbers.





Analysis
As we do every three months, we offer here a fresh update of selected statistical indicators of what has happened since Barack Obama first took the oath of office in January 2009. We leave it to our readers to judge how much credit or blame the president deserves for what has happened on his watch, and we caution that no single number or collection of numbers can tell the entire story. What we offer here are some key yardsticks from sources we consider solid and reliable.

We start with a subject that has been much criticized by some leading candidates seeking to succeed President Obama in the White House: the U.S. record on trade.

Trade Balance – The U.S. trade deficit, which had grown relentlessly since the 1970s, has shrunk 24 percent during Obama’s time in office."
http://cdn.factcheck.org/UploadedFiles/2016/03/Trade-Balance.png

That is from Factcheck.org. The well respected impartial source, run by a close friend of president Reagan.





 
Yo, I`m happy to see a tag along "Mini Puppet Store" suffer, this should tell other "Retailers" to get their noses out of the Ass of the Socialist Democrat Party, and get back to the American Way, Vote Republican!!!
Trump-Bashing Macy’s Closing 100 Stores
Aug, 2016


Uh oh. Macy’s is shutting down stores! Yes, at least a 100 of them, and the announcement was made yesterday. Do you remember the big hooplah that went down when they dropped Trump’s line…and were a bit cocky about it? Well…I’m sure he does.

Actually, business is doing great in this country. Retail is not. Nothing new there. Perhaps it is you who has their head up their ass. You seem to echo a lot, and your totally ignorant of what is going on in the world.
[/QUOTE]

Yo, just keep believing the B.S.? You are almost there!!!
200 (34).gif

"GTP"
 
Yo, I`m happy to see a tag along "Mini Puppet Store" suffer, this should tell other "Retailers" to get their noses out of the Ass of the Socialist Democrat Party, and get back to the American Way, Vote Republican!!!
Trump-Bashing Macy’s Closing 100 Stores
Aug, 2016


Uh oh. Macy’s is shutting down stores! Yes, at least a 100 of them, and the announcement was made yesterday. Do you remember the big hooplah that went down when they dropped Trump’s line…and were a bit cocky about it? Well…I’m sure he does.

Actually, business is doing great in this country. Retail is not. Nothing new there. Perhaps it is you who has their head up their ass. You seem to echo a lot, and your totally ignorant of what is going on in the world.
[/QUOTE]

How exactly does that work?
If businesses are doing great where is the money being spent?
 
BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.
BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.
BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.

How exciting. We all believe everything you say, of course. But prove it. Provide a link so we can all be as excited as you.
In case you missed it, the second quarter just ended. First and second quarters showed increases. No swing into negatives that I ever found. But then, perhaps I do not spend my time in the bat shit crazy web sites you live in.


Gross Domestic Product (GDP) Graph
gdp_large.gif


BEA : Gross Domestic Product (GDP) Graph

You see, this is an actual definitive source, complete with a link. Can you do this, me boy? Or is it too difficult for you?

By the way, the numbers and the graph are not produced by the president. They are produced by employees of the BEA. You may want to read about it, just so you do not look totally ignorant. Even if it just means you are trying to fool someone, because we all know you are indeed totally ignorant. I hope this helps. It is the best I can do in trying to educate you.
 
BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.
BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.
BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.

How exciting. We all believe everything you say, of course. But prove it. Provide a link so we can all be as excited as you.
In case you missed it, the second quarter just ended. First and second quarters showed increases. No swing into negatives that I ever found. But then, perhaps I do not spend my time in the bat shit crazy web sites you live in.


Gross Domestic Product (GDP) Graph
gdp_large.gif


BEA : Gross Domestic Product (GDP) Graph

You see, this is an actual definitive source, complete with a link. Can you do this, me boy? Or is it too difficult for you?

By the way, the numbers and the graph are not produced by the president. They are produced by employees of the BEA. You may want to read about it, just so you do not look totally ignorant. Even if it just means you are trying to fool someone, because we all know you are indeed totally ignorant. I hope this helps. It is the best I can do in trying to educate you.

Yo, go here and tell me if you can smile?

U.S. Bureau of Economic Analysis (BEA)

"GTP"
200 (31).gif
 

New Topics

Forum List

Back
Top