Retail down 9% means what ?? approx 4% overall down?? Sure different than 2.x% up isn’t it. Maybe I’ll watch some CNBC tomorrow for a few hours of happy talk.
You are correct. Kinda tuff to collect sales tax from all those small businesses in strip malls that are shut down...
Here’s the Census Bureau report, it has details for all the states...
http://www.census.gov/prod/2009pubs/qtaxbr-q093.pdf
The WSJ is the only paper I get now (I burn airline miles for my subscription), but year after year the likelihood of my re-suscribing goes down.
but they said consumer spending was up 1.9% in november and the stock market rallied hard core when that info came out. sorry to say but i think the house of cards is just about to fall over and the biggest depression man could ever imagine will be here
http://geraldcelentechannel.blogspot.com/2009/12/2010-predictions-linda-moulton-george.html
Going Going Gone
Who is John Galt?
The public is applying pressure where it can in all the ways that it can.