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

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"
View attachment 85164

you can't create demand for out-dated businesses. people shop on-line. that closes stores.

dum dum.

Yo, go to a Mall, then tell me?

"GTP"
bb51409dd8c88cb14880529d7c4962d7.jpg
 
Yo, go here and tell me if you can smile?

U.S. Bureau of Economic Analysis (BEA)

"GTP"
View attachment 85284

Perhaps you need to learn how to read. GDP increased as the above graphs show. And proves you to be either totally ignorant, or a liar. Next.

Yo, it is a breakdown of the GDP, Pee Wee! I guess you started crying, instead of smiling!!!

"GTP"
It Hurts:
View attachment 85292
Yes it is, me boy. Weatherman suggested that the numbers went negative. Are you suggesting that he is wrong? You found a different number and want to substitute it? You see, if you are talking about the output of an economy, that would be GDP. Which did not go negative. As my graph shows. Are you just stupid, or trying to make a mountain from whole cloth, me boy?
Is that too difficult for you?

Yo, you sound proud of the numbers, my child, but it is considered the worst in History, sorry my child, but life is not as rosy as you think!!!

Considered the worst in history by whom, dipsit. Insert a name here:
Is it worse than when we were loosing over 700,000 jobs per month in 2007 and 2008? During the start of the Great Republican Recession of 2008. Is it worse than the unemployment rate of 10.8% during the Reagan recession of 2008 before his stimulus spending kicked in. Or during the Great Republican Depression of 1929, with an unemployment rate of 25%? Just wondering. Is it worse than the 10% unemployment rate of 2008 caused by loosing all those jobs? Did you believe that a 10% unemployment rate is better than a 4.9% unemployment rate?
That it is not more rosy is the problem of congress, who have refused to pass any new jobs bills during the past 7 years. Simple. But again, lets look at the record:


"Summary
Since President Barack Obama first took office:

  • The economy has added more than 10 million jobs, and job openings are at a 15-year high.
  • The unemployment rate has dropped well below the historical norm, but long-term unemployment remains higher than at the start of the Great Recession.
  • The buying power of the average worker’s weekly paycheck is up 4.4 percent.
  • Corporate profits are running 152 percent higher, and stock prices have soared.
  • The number of immigrants caught trying to enter the U.S. illegally has dropped 53 percent.
  • Federal debt has more than doubled, and annual deficits, after shrinking, are again on the rise.
  • The home ownership rate has dropped by 4 percentage points.
  • The number of Americans on food stamps is up 36 percent.
  • Oil imports are down 53 percent, and wind and solar power have quadrupled.
  • The number of people lacking health insurance has gone down by 15.2 million.
Those are just some of the findings in our latest installment of Obama’s Numbers.


Obama’s Numbers July 2016 Update"

You may notice that I actually use an impartial and rational source. Not a nonsense con nut case source like zerohedge.

Yo, most of the UP arrows have nothing to do with Obama, the down ones do!

"GTP"
images.jpg
 
Perhaps you need to learn how to read. GDP increased as the above graphs show. And proves you to be either totally ignorant, or a liar. Next.

Yo, it is a breakdown of the GDP, Pee Wee! I guess you started crying, instead of smiling!!!

"GTP"
It Hurts:
View attachment 85292
Yes it is, me boy. Weatherman suggested that the numbers went negative. Are you suggesting that he is wrong? You found a different number and want to substitute it? You see, if you are talking about the output of an economy, that would be GDP. Which did not go negative. As my graph shows. Are you just stupid, or trying to make a mountain from whole cloth, me boy?
Is that too difficult for you?

Yo, you sound proud of the numbers, my child, but it is considered the worst in History, sorry my child, but life is not as rosy as you think!!!

Considered the worst in history by whom, dipsit. Insert a name here:
Is it worse than when we were loosing over 700,000 jobs per month in 2007 and 2008? During the start of the Great Republican Recession of 2008. Is it worse than the unemployment rate of 10.8% during the Reagan recession of 2008 before his stimulus spending kicked in. Or during the Great Republican Depression of 1929, with an unemployment rate of 25%? Just wondering. Is it worse than the 10% unemployment rate of 2008 caused by loosing all those jobs? Did you believe that a 10% unemployment rate is better than a 4.9% unemployment rate?
That it is not more rosy is the problem of congress, who have refused to pass any new jobs bills during the past 7 years. Simple. But again, lets look at the record:


"Summary
Since President Barack Obama first took office:

  • The economy has added more than 10 million jobs, and job openings are at a 15-year high.
  • The unemployment rate has dropped well below the historical norm, but long-term unemployment remains higher than at the start of the Great Recession.
  • The buying power of the average worker’s weekly paycheck is up 4.4 percent.
  • Corporate profits are running 152 percent higher, and stock prices have soared.
  • The number of immigrants caught trying to enter the U.S. illegally has dropped 53 percent.
  • Federal debt has more than doubled, and annual deficits, after shrinking, are again on the rise.
  • The home ownership rate has dropped by 4 percentage points.
  • The number of Americans on food stamps is up 36 percent.
  • Oil imports are down 53 percent, and wind and solar power have quadrupled.
  • The number of people lacking health insurance has gone down by 15.2 million.
Those are just some of the findings in our latest installment of Obama’s Numbers.


Obama’s Numbers July 2016 Update"

You may notice that I actually use an impartial and rational source. Not a nonsense con nut case source like zerohedge.

Yo, most of the UP arrows have nothing to do with Obama, the down ones do!

Yo, I will take your ideas into account. So, the arrows were part of the analysis of the cbo. The cbo is noted as being impartial. And they have teams of economists, and teams of researchers. So, how many do you have? Are you an economist? A researcher?
So there you go. You can either believe the cbo with all their resources and their reputation, or we can believe you, who has none and no respect as impartial. You, me boy, are a simple con troll. So, you loose.
 
Yo, it is a breakdown of the GDP, Pee Wee! I guess you started crying, instead of smiling!!!

"GTP"
It Hurts:
View attachment 85292
Yes it is, me boy. Weatherman suggested that the numbers went negative. Are you suggesting that he is wrong? You found a different number and want to substitute it? You see, if you are talking about the output of an economy, that would be GDP. Which did not go negative. As my graph shows. Are you just stupid, or trying to make a mountain from whole cloth, me boy?
Is that too difficult for you?

Yo, you sound proud of the numbers, my child, but it is considered the worst in History, sorry my child, but life is not as rosy as you think!!!

Considered the worst in history by whom, dipsit. Insert a name here:
Is it worse than when we were loosing over 700,000 jobs per month in 2007 and 2008? During the start of the Great Republican Recession of 2008. Is it worse than the unemployment rate of 10.8% during the Reagan recession of 2008 before his stimulus spending kicked in. Or during the Great Republican Depression of 1929, with an unemployment rate of 25%? Just wondering. Is it worse than the 10% unemployment rate of 2008 caused by loosing all those jobs? Did you believe that a 10% unemployment rate is better than a 4.9% unemployment rate?
That it is not more rosy is the problem of congress, who have refused to pass any new jobs bills during the past 7 years. Simple. But again, lets look at the record:


"Summary
Since President Barack Obama first took office:

  • The economy has added more than 10 million jobs, and job openings are at a 15-year high.
  • The unemployment rate has dropped well below the historical norm, but long-term unemployment remains higher than at the start of the Great Recession.
  • The buying power of the average worker’s weekly paycheck is up 4.4 percent.
  • Corporate profits are running 152 percent higher, and stock prices have soared.
  • The number of immigrants caught trying to enter the U.S. illegally has dropped 53 percent.
  • Federal debt has more than doubled, and annual deficits, after shrinking, are again on the rise.
  • The home ownership rate has dropped by 4 percentage points.
  • The number of Americans on food stamps is up 36 percent.
  • Oil imports are down 53 percent, and wind and solar power have quadrupled.
  • The number of people lacking health insurance has gone down by 15.2 million.
Those are just some of the findings in our latest installment of Obama’s Numbers.


Obama’s Numbers July 2016 Update"

You may notice that I actually use an impartial and rational source. Not a nonsense con nut case source like zerohedge.

Yo, most of the UP arrows have nothing to do with Obama, the down ones do!

Yo, I will take your ideas into account. So, the arrows were part of the analysis of the cbo. The cbo is noted as being impartial. And they have teams of economists, and teams of researchers. So, how many do you have? Are you an economist? A researcher?
So there you go. You can either believe the cbo with all their resources and their reputation, or we can believe you, who has none and no respect as impartial. You, me boy, are a simple con troll. So, you loose.

if an anti business you didn't built that lib commie like Barry has helped economy please provide single best example.
 

New Topics

Forum List

Back
Top