Brain357
Platinum Member
- Mar 30, 2013
- 37,068
- 4,189
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No matter what one thinks of the Walmart business model this ain't good news for the low income and poor of the country. It ain't good news for no one. As much as I like the price of gasoline I know it comes at a price, meaning bankrupcy and people being put out of work. The Obama legacy just gets better and better. (sic)
Retail Sales in U.S. Decrease to End Weakest Year Since 2009[/FONT]
Sales at U.S. retailers declined in December to wrap the weakest year since 2009, raising concern about the momentum in consumer spending heading into 2016.
The 0.1 percent drop matched the median forecast of 84 economists surveyed by Bloomberg and followed a 0.4 percent gain in November, Commerce Department figures showed Friday in Washington. For all of 2015, purchases climbed 2.1 percent, the smallest advance of the current economic expansion.
Thank Amazon. It is capitalism, obama has nothing to do with it.