Comments on: A Dismal Retail Season. Only $10 Billion More Than Last Year.

By: Mwalimu Daudi

Mwalimu Daudi — Sat, 29 Nov 2008 18:09:21 +0000

You know what sort of headlines we will get if there is a 2.2% sales increase next year?

I can only guess. When gas prices were rising this past summer the MSM told us that this was a catastrophe for the economy, and that the end was nigh. When gas prices fell to levels close to what they were at the start of the Bush administration MSM told us that this was a catastrophe for the economy, and that the end was nigh.

And when gas hits $10 a gallon under the Obama regime the headlines will proclaim: EXPERTS SAY CHANGE IN OIL PRICES BENEFIT ECONOMY AND ENVIRONMENT.

By: martian

martian — Sat, 29 Nov 2008 16:37:12 +0000

The economy is “dismal” according to the media because that is what they WANT it to be. I have become firmly convinced, after 8 years of them calling one of the most robust economies in decades with one of the lowest sustained unemployment rates in the same time frame terrible, that the media actually wants the economy to be bad so they have something to write about. If their reporting about the economy changes it will only be so they can attribute any upswing to Obama & company.

By: Gaius

Gaius — Sat, 29 Nov 2008 14:59:22 +0000

Well of course that will be the narrative from the media. Just as the 5% unemployment rate under Bush for most of his Presidency was “dismal”.

By: Rich Horton

Rich Horton — Sat, 29 Nov 2008 14:07:12 +0000

You know what sort of headlines we will get if there is a 2.2% sales increase next year?

OBAMA SAVES CHRISTMAS!

By: bill-tb

bill-tb — Sat, 29 Nov 2008 13:37:02 +0000

In our city, which is heavily tourist dependent, the crowds were way way down. But the happy side is it allowed me to find a TV for the daughter at a killer price.

The frazzled local clerks were standing in a line as you went into the stores, hoping someone would ask them a question … By noon, even our local Walmart had switched their store back to ‘normal’ and thinned the herd of clerks.

By: Plumb Bob

Plumb Bob — Sat, 29 Nov 2008 13:35:30 +0000

I’m confused. Seriously. Is there any evidence of the economic meltdown, aside from the failures of the investment banks who invested in bad mortgages? Are we actually being snookered? By whom, and why?