Posted on 07/07/2010 9:24:50 PM PDT by My Favorite Headache
Look, Johns last-minute economic plan does nothing to tackle the number one job facing the middle class, and it happens to be, as Barack says, a three-letter word: jobs. J-O-B-S, the Democratic veep nominee said at a morning rally in Athens.
Wait til the unemployment numbers hit next month. A lot of these stores literally just closed their doors 2 weeks ago so their numbers haven’t even been factored into the picture yet.
I don’t see this economy recovering for another 7 to 8 years with the healthcare bill passing...and I am being generous.
Bite Me is going to tell us how great that “Hope and Change” has worked out for everyone.
LOL...Home Depot thinks it’s economic woes are due to the recesssion. Keep sponsoring those “gay pride” parades, Home Depot, and for you the recession will be eternal...
Thanksk My Favorite Headache.
Unless the GOP romps then gets the guts to demand a copy of the BC then forget about the next decade or two. Long before then the US will be a major toilet.
Blame the idiots who voted for him and support him by watching TV becaus ethe TV networks all support him. And the networks own 95% of all the channels.
The only J.O.B.S.’s Biden and the child King have any experience with is the B.L.O.W. type...
Scouts Out! Cavalry Ho!
Can’t blame Obama for Blockbuster. I spent a year with them on a management track, and pretty much the day I started I could tell the company was in the process of imploding.
I think BLOCKBUSTER was going go under regardless of the economy.
Before we go jumping off bridges, how many of these stores would have closed anyway? I noticed there are several movie rental stores and we all know those are quickly going the way of the dinosaur what with pay per view and quick downloads.
I would give him a pass on the video rentals stores. But must note that JOBS is not a three letter word. And anybody who can mess up a Fuddruckers should be sent to Tijuana to be a dog catcher. Not that I think he would do a good job at it but at least he would be failing in Mexico.
Some of these aren’t a surprise. Foot Locker bought out Footaction and in a lot of places they were basically running two stores carrying the same products in the same mall.
On the video stores, they’re a dying market anyway. Waldenbooks is having the same problem as all the other brick bookstores. Amazon.
The others indicate the weakness of the economy and the hunkering down of the retailers. Several of these chains, such as the Disney Store, sell primarily discretionary products. No surprise that the Highway 84 and the Home Depot are in trouble. Nobody’s building.
Awesome...thanks for the link. I will be showing the real time updates on Facebook for all of my liberal relatives to soak up.
Maybe you should have come up with a list? /S
If you were to do an off the cuff guesstimate...what would you say is the collective number of people laid off here just in these closings?
The interesting thing about closing all these stores is that it actually increases sales in the stores remaining thereby driving up same store sales which is a leading indicator. In reality, total sales have declined but the survivors appear to be thriving. Like what happened when circuit city closed down, Best Buy stores sales increased.
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