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Economy sucks, and is going to get even worse… UNEXPECTEDLY!

I am sure that if Mittens had won the election, the headline U.S. retailers scramble after lackluster holiday sales, as well as the content of the post, would be decrying how horrible our economy is, and with the fiscal cliff now all but a given, t DNC propagandists in the LSM would be telling us that the end was here.

(Reuters) – The 2012 holiday season may have been the worst for retailers since the 2008 financial crisis, with sales growth far below expectations, forcing many to offer massive post-Christmas discounts in hopes of shedding excess inventory.

While chains like Wal-Mart Stores Inc and Gap Inc are thought to have done well, analysts expect much less from the likes of book seller Barnes & Noble Inc and department store chain J. C. Penney Co Inc.

Shares of retailers dropped sharply on Wednesday, helping drag broader indexes lower, as investors realized they were likely to be disappointed when companies start to report results in a few weeks’ time.

As if it is a surprise that the economy is horrible and getting worse! Wait until next year when taxes go up, the economy gets wrecked by the fiscal cliff happening and the deficit spending &the debt ceiling going up, all so democrats can score some political points with the help of the LSM that keeps pretending the problem is wit the people that at least are trying, and Obamacare kicks in and the shit really starts flying. ng on for the ride. Bumpy is an understatement.

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  1. FPrefect89 says:

    The 2012 holiday season may have been the worst for retailers since the 2008 financial crisis, with sales growth far below expectations,

    I find it funny that Christmas sales grew this year, it grew something like 1.2%, but because the expectation was that it was going to be higher, sales were horrible. When did growth, but not as much, become bad?

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  2. AlexInCT says:

    I find it funny that Christmas sales grew this year, it grew something like 1.2%, but because the expectation was that it was going to be higher, sales were horrible. When did growth, but not as much, become bad?

    The numbers have been so far down in the tank, for over 4 years now, that the xpectation is any kind of economic growth would lead to a huge jump in consumer spending. When that jump never happens, and the growth is anemic at best, the smart bet is that the economy is still in the shitter.

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