Skip to comments.(CBS NEWS) Analyst: Even Dollar Stores Struggling In ‘Obama Depression’
Posted on 07/11/2011 1:39:51 PM PDT by The Magical Mischief Tour
More stores across the U.S. that offer deeply-discounted products are seeing their sales decline after years of growth amid Americas Great Recession and one analyst said on Monday its another sign of even deeper downturn.
I think whats going on in those stores is that we are in a depression for 80 percent of Americans,
In other words, the economy is continuing to be worse, the Obama depression continues to explode, he added.
(Excerpt) Read more at losangeles.cbslocal.com ...
And you must understand this came from CBS LOS ANGELES!!!
Amazing that left-liberal CBS would say “Obama depression”...gotta believe the White House will call them and this will be retracted with an apology for the obvious racism.
This could be a business opportunity: 50 cent stores!
Carried by CBS true, but the analyst interviewee was the one who uttered the prize words, “Obama Depression.” The second time he used the phrase, the interviewer cut him short. But, all in all, I’m surprised that a CBS affiliate carried it. I wonder how long before they edit it out of the interview?
“.... the Obama depression continues to explode”..
WOW - the truth!
I think bammie envisions an economy where retailers will be paying their customers (read "the poor") to take inventory off their hands.
(showing my age)... back in my childhood, my mom used to call Woolworth’s and the like, “the dime store”.
My parents also used that phrase and I remember that the local Woolworth back in the late 50s still had the sign with the 10 cents on it.
i just came from the 99 cents store in downtown L.A. (aka little mexico), and the people (mexicans) in front of me were using their EBT cards like it was Christmas. $29.76 was their bill and I just came in for the 99 cent dozen eggs and 3 liter pop for the same price.
I am sure I worked for my $2 bux.
” the dime store. “
Boy, it’s been decades since I’ve heard that one.....
Something is up, I can feel it. Both CBS and AP trashing Obama in one day? They are surely doing someone’s bidding, and it sure ain’t ours.
How long until that knock on the Oval Office door and somebody saying “Hey, Barry, Coach Clinton wants to see you. Bring your playbook”.
Not to mention plunging sales at dollar stores ain’t gonna make the ChiComs very happy.
I took the contrarian position and was about beat-up when I said I though it was bunk...most didn't think so.
Meanwhile garage and yard sales are BOOMING. More value for Americans and none for greedy DC Rats.
Yup. The 5 and dime store.
And the definition of insanity is? And the definition of insanity is? And the definition of insanity is? And the definition of insanity is? ~~~~~~~~~~~~
OOOps... I meant 2012.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.