"""The Obama Economy Showing It`s True Colors"""

[Moonglow]

I never set foot in a Macy's...eh.....

Too bad. They have good sales.

So does the second hand store.....

 

[BlueGin]

11 Retailers Closing the Most Stores
March 8, 2016

11 Retailers Closing the Most Stores

Yep. American Eagle and Sports Authority have both shut down in my town. Hastings is going out of business right now and will completely close by October.

Flash pan operations of the modern era....

Sports Authority has been here for a good 20 + years. Sad to see it go.

Same with Hastings.

 

[BlueGin]

I never set foot in a Macy's...eh.....

Too bad. They have good sales.

So does the second hand store.....

I like some of those too.

 

[Moonglow]

11 Retailers Closing the Most Stores
March 8, 2016

11 Retailers Closing the Most Stores

Yep. American Eagle and Sports Authority have both shut down in my town. Hastings is going out of business right now and will completely close by October.

Flash pan operations of the modern era....

Sports Authority has been here for a good 20 + years. Sad to see it go.

Same with Hastings.

I live out in the sticks, there are deer and flax to make clothes.....

 

[Moonglow]

I never set foot in a Macy's...eh.....

Too bad. They have good sales.

So does the second hand store.....

I like some of those too.

I usually shop via da internet...I don't have to drive 50 miles to a store....

 

[BlueGin]

I never set foot in a Macy's...eh.....

Too bad. They have good sales.

So does the second hand store.....

I like some of those too.

I usually shop via da internet...I don't have to drive 50 miles to a store....

You almost have to anymore for certain items... Like books, movies, music.

I shop Amazon a lot at Christmas time. Malls ( Old Navy, Kohl's, Macy's) during the year when they have good sales on things like Jeans.

Sad that so many retailers are closing.

 

[Rshermr]

BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.

BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.

BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.

How exciting. We all believe everything you say, of course. But prove it. Provide a link so we can all be as excited as you.
In case you missed it, the second quarter just ended. First and second quarters showed increases. No swing into negatives that I ever found. But then, perhaps I do not spend my time in the bat shit crazy web sites you live in.

Gross Domestic Product (GDP) Graph

BEA : Gross Domestic Product (GDP) Graph

You see, this is an actual definitive source, complete with a link. Can you do this, me boy? Or is it too difficult for you?
By the way, the numbers and the graph are not produced by the president. They are produced by employees of the BEA. You may want to read about it, just so you do not look totally ignorant. Even if it just means you are trying to fool someone, because we all know you are indeed totally ignorant. I hope this helps. It is the best I can do in trying to educate you.

Yo, go here and tell me if you can smile?

U.S. Bureau of Economic Analysis (BEA)

"GTP"
View attachment 85284

Perhaps you need to learn how to read. GDP increased as the above graphs show. And proves you to be either totally ignorant, or a liar. Next.

 

[Moonglow]

I never set foot in a Macy's...eh.....

Too bad. They have good sales.

So does the second hand store.....

I like some of those too.

I usually shop via da internet...I don't have to drive 50 miles to a store....

You almost have to anymore for certain items... Like books, movies, music.

I shop Amazon a lot at Christmas time. Malls ( Old Navy, Kohl's, Macy's) during the year when they have good sales on things like Jeans.

Sad that so many retailers are closing.

The market is rather over saturated with designer stores, and the trends re changing, much like during the 1970-1980's, when malls were huge, to strip malls along a street...

 

[BlueGin]

Libs think closing big businesses that pay employees 18.00 + an hour and replacing them with Telemarket jobs that pay 10.00 hr is " progress".

So...If all the good retailers go out of business. Where are people in retail supposed to work next?

McDonald's?

 

[1stRambo]

BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.

BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.

BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.

How exciting. We all believe everything you say, of course. But prove it. Provide a link so we can all be as excited as you.
In case you missed it, the second quarter just ended. First and second quarters showed increases. No swing into negatives that I ever found. But then, perhaps I do not spend my time in the bat shit crazy web sites you live in.

Gross Domestic Product (GDP) Graph

BEA : Gross Domestic Product (GDP) Graph

You see, this is an actual definitive source, complete with a link. Can you do this, me boy? Or is it too difficult for you?
By the way, the numbers and the graph are not produced by the president. They are produced by employees of the BEA. You may want to read about it, just so you do not look totally ignorant. Even if it just means you are trying to fool someone, because we all know you are indeed totally ignorant. I hope this helps. It is the best I can do in trying to educate you.

Yo, go here and tell me if you can smile?

U.S. Bureau of Economic Analysis (BEA)

"GTP"
View attachment 85284

Perhaps you need to learn how to read. GDP increased as the above graphs show. And proves you to be either totally ignorant, or a liar. Next.

Yo, it is a breakdown of the GDP, Pee Wee! I guess you started crying, instead of smiling!!!

"GTP"
It Hurts:

 

[Rshermr]

BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.

BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.

BLS just erased all of Obama's 1st quarter economic growth he was patting himself on the back for. 5 point swings into negatives.

How exciting. We all believe everything you say, of course. But prove it. Provide a link so we can all be as excited as you.
In case you missed it, the second quarter just ended. First and second quarters showed increases. No swing into negatives that I ever found. But then, perhaps I do not spend my time in the bat shit crazy web sites you live in.

Gross Domestic Product (GDP) Graph

BEA : Gross Domestic Product (GDP) Graph

You see, this is an actual definitive source, complete with a link. Can you do this, me boy? Or is it too difficult for you?
By the way, the numbers and the graph are not produced by the president. They are produced by employees of the BEA. You may want to read about it, just so you do not look totally ignorant. Even if it just means you are trying to fool someone, because we all know you are indeed totally ignorant. I hope this helps. It is the best I can do in trying to educate you.

Yo, go here and tell me if you can smile?

U.S. Bureau of Economic Analysis (BEA)

"GTP"
View attachment 85284

Perhaps you need to learn how to read. GDP increased as the above graphs show. And proves you to be either totally ignorant, or a liar. Next.

Yo, it is a breakdown of the GDP, Pee Wee! I guess you started crying, instead of smiling!!!

"GTP"
It Hurts:
View attachment 85292

Yes it is, me boy. Weatherman suggested that the numbers went negative. Are you suggesting that he is wrong? You found a different number and want to substitute it? You see, if you are talking about the output of an economy, that would be GDP. Which did not go negative. As my graph shows. Are you just stupid, or trying to make a mountain from whole cloth, me boy?
Is that too difficult for you?

 

[Weatherman2020]

How exciting. We all believe everything you say, of course. But prove it. Provide a link so we can all be as excited as you.
In case you missed it, the second quarter just ended. First and second quarters showed increases. No swing into negatives that I ever found. But then, perhaps I do not spend my time in the bat shit crazy web sites you live in.

Gross Domestic Product (GDP) Graph

BEA : Gross Domestic Product (GDP) Graph

You see, this is an actual definitive source, complete with a link. Can you do this, me boy? Or is it too difficult for you?
By the way, the numbers and the graph are not produced by the president. They are produced by employees of the BEA. You may want to read about it, just so you do not look totally ignorant. Even if it just means you are trying to fool someone, because we all know you are indeed totally ignorant. I hope this helps. It is the best I can do in trying to educate you.

Yo, go here and tell me if you can smile?

U.S. Bureau of Economic Analysis (BEA)

"GTP"
View attachment 85284

Perhaps you need to learn how to read. GDP increased as the above graphs show. And proves you to be either totally ignorant, or a liar. Next.

Yo, it is a breakdown of the GDP, Pee Wee! I guess you started crying, instead of smiling!!!

"GTP"
It Hurts:
View attachment 85292

Yes it is, me boy. Weatherman suggested that the numbers went negative. Are you suggesting that he is wrong? You found a different number and want to substitute it? You see, if you are talking about the output of an economy, that would be GDP. Which did not go negative. As my graph shows. Are you just stupid, or trying to make a mountain from whole cloth, me boy?
Is that too difficult for you?

Oh children of little faith.

Back February 2016, Obama took to the stage at a press conference to boast about job growth and "most importantly" how the stronger job market was "finally starting to translate into bigger paychecks." He also took the opportunity to jab at Republicans saying the strong jobs data was "inconvenient for Republican stump speeches" as they continued their "doom and despair tour." Obama's specific comments were:

1. Most importantly, this progress is finally starting to translate into bigger paychecks. Over the past six months, wages have grown at their fastest rate since the crisis. And the policies that I’ll push this year are designed to give workers even more leverage to earn raises and promotions.
2. So, as I said at my State of the Union address, the United States of America, right now, has the strongest, most durable economy in the world. I know that’s still inconvenient for Republican stump speeches as their doom and despair tour plays in New Hampshire. I guess you cannot please everybody.

Turns out that revisions to historical real wage growth figures issued by the Bureau of Labor Statistics yesterday are actually fairly "inconvenient" for Obama.Time to get the band back together for a reunion of that "doom and despair" tour.
In yet another stunning tribute to the "accuracy" and "consistency" of economic propagandadata being reported by our government agencies, the Bureau of Labor Statistics yesterday reported a massive downward revision of the 1Q 2016 YoY real wage growth from +4.2% to -0.4% (a 4.6% swing).

But we wouldn't worry much about it because the revisions resulted in only "small" changes in the underlying data according to the BLS:
Indexes of all hours-related measures in the business, nonfarm business, and nonfinancial corporate sectors show historical revisions because hours in the base year of 2009 were revised; resulting revisions to percent changes are small.
We guess "small" would be one way to describe a 4.6% swing in YoY real wage growth...we would probably choose something more like "abysmal" or "disastrous" but we're not ones to split hairs. Revisions to manufacturing wages and durable manufacturing wages were even worse. Real manufacturing YoY wage growth was revised from +2.8% to -4.3% (a 7.1% swing) while real durable manufacturing YoY wage growth was revised from +1.9% to -5.6% (a 7.5% swing).

BLS Just "Revised" Away Obama's "Fastest" Wage Growth Since The Crisis | Zero Hedge

 

[1stRambo]

How exciting. We all believe everything you say, of course. But prove it. Provide a link so we can all be as excited as you.
In case you missed it, the second quarter just ended. First and second quarters showed increases. No swing into negatives that I ever found. But then, perhaps I do not spend my time in the bat shit crazy web sites you live in.

Gross Domestic Product (GDP) Graph

BEA : Gross Domestic Product (GDP) Graph

You see, this is an actual definitive source, complete with a link. Can you do this, me boy? Or is it too difficult for you?
By the way, the numbers and the graph are not produced by the president. They are produced by employees of the BEA. You may want to read about it, just so you do not look totally ignorant. Even if it just means you are trying to fool someone, because we all know you are indeed totally ignorant. I hope this helps. It is the best I can do in trying to educate you.

Yo, go here and tell me if you can smile?

U.S. Bureau of Economic Analysis (BEA)

"GTP"
View attachment 85284

Perhaps you need to learn how to read. GDP increased as the above graphs show. And proves you to be either totally ignorant, or a liar. Next.

Yo, it is a breakdown of the GDP, Pee Wee! I guess you started crying, instead of smiling!!!

"GTP"
It Hurts:
View attachment 85292

Yes it is, me boy. Weatherman suggested that the numbers went negative. Are you suggesting that he is wrong? You found a different number and want to substitute it? You see, if you are talking about the output of an economy, that would be GDP. Which did not go negative. As my graph shows. Are you just stupid, or trying to make a mountain from whole cloth, me boy?
Is that too difficult for you?

Yo, you sound proud of the numbers, my child, but it is considered the worst in History, sorry my child, but life is not as rosy as you think!!!

"GTP"

 

[Rshermr]

How exciting. We all believe everything you say, of course. But prove it. Provide a link so we can all be as excited as you.
In case you missed it, the second quarter just ended. First and second quarters showed increases. No swing into negatives that I ever found. But then, perhaps I do not spend my time in the bat shit crazy web sites you live in.

Gross Domestic Product (GDP) Graph

BEA : Gross Domestic Product (GDP) Graph

You see, this is an actual definitive source, complete with a link. Can you do this, me boy? Or is it too difficult for you?
By the way, the numbers and the graph are not produced by the president. They are produced by employees of the BEA. You may want to read about it, just so you do not look totally ignorant. Even if it just means you are trying to fool someone, because we all know you are indeed totally ignorant. I hope this helps. It is the best I can do in trying to educate you.

Yo, go here and tell me if you can smile?

U.S. Bureau of Economic Analysis (BEA)

"GTP"
View attachment 85284

Perhaps you need to learn how to read. GDP increased as the above graphs show. And proves you to be either totally ignorant, or a liar. Next.

Yo, it is a breakdown of the GDP, Pee Wee! I guess you started crying, instead of smiling!!!

"GTP"
It Hurts:
View attachment 85292

Yes it is, me boy. Weatherman suggested that the numbers went negative. Are you suggesting that he is wrong? You found a different number and want to substitute it? You see, if you are talking about the output of an economy, that would be GDP. Which did not go negative. As my graph shows. Are you just stupid, or trying to make a mountain from whole cloth, me boy?
Is that too difficult for you?

Oh children of little faith.

Back February 2016, Obama took to the stage at a press conference to boast about job growth and "most importantly" how the stronger job market was "finally starting to translate into bigger paychecks." He also took the opportunity to jab at Republicans saying the strong jobs data was "inconvenient for Republican stump speeches" as they continued their "doom and despair tour." Obama's specific comments were:

1. Most importantly, this progress is finally starting to translate into bigger paychecks. Over the past six months, wages have grown at their fastest rate since the crisis. And the policies that I’ll push this year are designed to give workers even more leverage to earn raises and promotions.
2. So, as I said at my State of the Union address, the United States of America, right now, has the strongest, most durable economy in the world. I know that’s still inconvenient for Republican stump speeches as their doom and despair tour plays in New Hampshire. I guess you cannot please everybody.

Turns out that revisions to historical real wage growth figures issued by the Bureau of Labor Statistics yesterday are actually fairly "inconvenient" for Obama.Time to get the band back together for a reunion of that "doom and despair" tour.
In yet another stunning tribute to the "accuracy" and "consistency" of economic propagandadata being reported by our government agencies, the Bureau of Labor Statistics yesterday reported a massive downward revision of the 1Q 2016 YoY real wage growth from +4.2% to -0.4% (a 4.6% swing).

But we wouldn't worry much about it because the revisions resulted in only "small" changes in the underlying data according to the BLS:
Indexes of all hours-related measures in the business, nonfarm business, and nonfinancial corporate sectors show historical revisions because hours in the base year of 2009 were revised; resulting revisions to percent changes are small.
We guess "small" would be one way to describe a 4.6% swing in YoY real wage growth...we would probably choose something more like "abysmal" or "disastrous" but we're not ones to split hairs. Revisions to manufacturing wages and durable manufacturing wages were even worse. Real manufacturing YoY wage growth was revised from +2.8% to -4.3% (a 7.1% swing) while real durable manufacturing YoY wage growth was revised from +1.9% to -5.6% (a 7.5% swing).

BLS Just "Revised" Away Obama's "Fastest" Wage Growth Since The Crisis | Zero Hedge

Uh, jesus, you are a tool. Before I ever read a post with a link and quote in it, I look to see what the source of the quote is. Often, coming from tools like yourself, the source is partial and not believable. And I do not bother with the post. And you prove the point.
Yours is Zero Hedge. Which is a total joke. Making you a total joke. As all know, zero hedge is a right wing supporter of Trump and not at all believable. dipshit.
A quote from one of the principles, Lokey, that just left zerohedge, illustrates the point:
“I can’t be a 24-hour cheerleader for Hezbollah, Moscow, Tehran, Beijing, and Trump anymore. It’ s wrong. Period. I know it gets you views now, but it will kill your brand over the long run,” Lokey texted Ivandjiiski. “This isn’t a revolution. It’s a joke.”
Unmasking the Men Behind Zero Hedge, Wall Street's Renegade Blog

Assuming you understand the word impartial, try to do what rational and reasonable people do, and find an impartial source.

 

[Rshermr]

How exciting. We all believe everything you say, of course. But prove it. Provide a link so we can all be as excited as you.
In case you missed it, the second quarter just ended. First and second quarters showed increases. No swing into negatives that I ever found. But then, perhaps I do not spend my time in the bat shit crazy web sites you live in.

Gross Domestic Product (GDP) Graph

BEA : Gross Domestic Product (GDP) Graph

You see, this is an actual definitive source, complete with a link. Can you do this, me boy? Or is it too difficult for you?
By the way, the numbers and the graph are not produced by the president. They are produced by employees of the BEA. You may want to read about it, just so you do not look totally ignorant. Even if it just means you are trying to fool someone, because we all know you are indeed totally ignorant. I hope this helps. It is the best I can do in trying to educate you.

Yo, go here and tell me if you can smile?

U.S. Bureau of Economic Analysis (BEA)

"GTP"
View attachment 85284

Perhaps you need to learn how to read. GDP increased as the above graphs show. And proves you to be either totally ignorant, or a liar. Next.

Yo, it is a breakdown of the GDP, Pee Wee! I guess you started crying, instead of smiling!!!

"GTP"
It Hurts:
View attachment 85292

Yes it is, me boy. Weatherman suggested that the numbers went negative. Are you suggesting that he is wrong? You found a different number and want to substitute it? You see, if you are talking about the output of an economy, that would be GDP. Which did not go negative. As my graph shows. Are you just stupid, or trying to make a mountain from whole cloth, me boy?
Is that too difficult for you?

Yo, you sound proud of the numbers, my child, but it is considered the worst in History, sorry my child, but life is not as rosy as you think!!!

Considered the worst in history by whom, dipsit. Insert a name here:
Is it worse than when we were loosing over 700,000 jobs per month in 2007 and 2008? During the start of the Great Republican Recession of 2008. Is it worse than the unemployment rate of 10.8% during the Reagan recession of 2008 before his stimulus spending kicked in. Or during the Great Republican Depression of 1929, with an unemployment rate of 25%? Just wondering. Is it worse than the 10% unemployment rate of 2008 caused by loosing all those jobs? Did you believe that a 10% unemployment rate is better than a 4.9% unemployment rate?
That it is not more rosy is the problem of congress, who have refused to pass any new jobs bills during the past 7 years. Simple. But again, lets look at the record:

"Summary
Since President Barack Obama first took office:

• The economy has added more than 10 million jobs, and job openings are at a 15-year high.
• The unemployment rate has dropped well below the historical norm, but long-term unemployment remains higher than at the start of the Great Recession.
• The buying power of the average worker’s weekly paycheck is up 4.4 percent.
• Corporate profits are running 152 percent higher, and stock prices have soared.
• The number of immigrants caught trying to enter the U.S. illegally has dropped 53 percent.
• Federal debt has more than doubled, and annual deficits, after shrinking, are again on the rise.
• The home ownership rate has dropped by 4 percentage points.
• The number of Americans on food stamps is up 36 percent.
• Oil imports are down 53 percent, and wind and solar power have quadrupled.
• The number of people lacking health insurance has gone down by 15.2 million.

Those are just some of the findings in our latest installment of Obama’s Numbers.


Obama’s Numbers July 2016 Update"

You may notice that I actually use an impartial and rational source. Not a nonsense con nut case source like zerohedge.

 

[AntonToo]

Department stores have been in decline for years. That Macy's is closing is no surprise to anyone and certainly not the sign of a bad economy in any other sector.

That's not true, it certainly was a surprise to people ignorant enough to think that Trump's line had something to do with it.

 

[Rshermr]

Department stores have been in decline for years. That Macy's is closing is no surprise to anyone and certainly not the sign of a bad economy in any other sector.

That's not true, it certainly was a surprise to people ignorant enough to think that Trump's line had something to do with it.

jesus. That was so profound. What do you think that any particular politician has to do with the downturn in the health of department stores?? Please, if you post a reply, post a link proving your idiocy.

 

[AntonToo]

Department stores have been in decline for years. That Macy's is closing is no surprise to anyone and certainly not the sign of a bad economy in any other sector.

That's not true, it certainly was a surprise to people ignorant enough to think that Trump's line had something to do with it.

jesus. That was so profound. What do you think that any particular politician has to do with the downturn in the health of department stores?? Please, if you post a reply, post a link proving your idiocy.

Ok now read what said AGAIN

 

[jillian]

Yo, I`m happy to see a tag along "Mini Puppet Store" suffer, this should tell other "Retailers" to get their noses out of the Ass of the Socialist Democrat Party, and get back to the American Way, Vote Republican!!!

Trump-Bashing Macy’s Closing 100 Stores

11 Aug, 2016

Uh oh. Macy’s is shutting down stores! Yes, at least a 100 of them, and the announcement was made yesterday. Do you remember the big hooplah that went down when they dropped Trump’s line…and were a bit cocky about it? Well…I’m sure he does.

The Cincinnati-based company said the locations of the closed stores would be announced at a later date. It would not say whether the closures would include any of its 127 stores in California.

Most of the closures will occur early next year and involve an unspecified number of job cuts, Macy’s said.

Macy’s currently operates 675 full-line stores nationwide and 728 stores overall. The stores being closed generate roughly $1 billion in annual sales, or 4% of Macy’s total sales.

“Nearly all of the stores to be closed are cash flow positive today, but their volume and profitability in most cases have been declining steadily in recent years,” Macy’s President Jeff Gennette said in a statement.

Macy’s said closing the stores would enable the chain to bolster its online presence and “elevate our total customer experience across all methods of shopping.”

The move follows the chain’s decision to shut 40 stores earlier this year.

Macy’s said the upcoming store closings would not affect its Bloomingdale’s division.

Also on Thursday, Macy’s announced a sharp drop in its second-quarter profit on a 4% drop in sales.

Macy’s said its same-store sales last quarter — that is, sales at stores open at least one year, which is a key gauge of retailing — fell 2% from the same quarter last year.

“We operate in a fast-changing world” that requires “doing things differently and making tough decisions,” Macy’s Chief Executive Terry Lundgren said in a statement.

“We operate in a fast-changing world” that requires “doing things differently and making tough decisions,” Macy’s Chief Executive Terry Lundgren said in a statement.

Although it’s a bit shocking that it’s Macy’s now that has to shut down stores, I can’t say that we didn’t in a way see this coming. This is Obama’s America after all…and the economy under his rule is obviously… crap.

Trump-Bashing Macy's Closing 100 Stores | John Hawkins' Right Wing News

"GTP"
View attachment 85164

you can't create demand for out-dated businesses. people shop on-line. that closes stores.

dum dum.

 

[EdwardBaiamonte]

Since President Barack Obama first took office:

• .

the economy is so weak that the Fed is afraid to raise interest rates above emergency levels that hover around 0%!!!!! of less!!!!


"Despite major increases in productivity, the median male worker in America today is making $726 dollars less than he did in 1973, while the median female worker is making $1,154 less than she did in 2007, after adjusting for inflation."- Bernie Sanders


“The problem is, 80% of the American people are still living on what they were living on the day before the [2008 finnan*cial] crash. And about half the American people, after you adjust for inflation, are living on what they were living on the last day I was president 15 years ago. So that’s what’s the matter.” -Bill Clinton