I disagree with the root cause analysis.
0bama’s re-election has drowned any hope of improvement.
Everyone is hunkering down for the economic disaster of 0bama II.
Forget the “Fiscal Cliff”. It’s the taxes, regulation, 0bamaCare, attacks on business, and general communization of the country that are killing the economy.
Absolutely. No one has the stomach to keep buying more cheap made-in-China crap, or yet another useless kitchen gadget.
People are, however, buying guns and ammo and other basic supplies.