US Retail Sales Post Biggest Gain in 7 Months signaling increasing consumer confidenc

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Zebo

Elite Member
Jul 29, 2001
39,398
19
81
No, just made it a whole lot worse. Just watch what happens now that his agenda has been stopped.

Just watch.

teabagtag for leftist socialist marxist ownage in 6 months.

$500 ea on
Higher food stamp recipients in 6 mo?
Less people working in 6mo?

These have no inflation calculations to finagle nor rely on other bogus measurements or I'd also include lower tax receipts, less consumer spending, higher costs of goods, and continued erosion of housing prices. These are just cold hard facts reported and paid by DHS and W2 submissions to IRS.
 
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shira

Diamond Member
Jan 12, 2005
9,500
6
81
No, just made it a whole lot worse. Just watch what happens now that his agenda has been stopped.

Just watch.

teabagtag for leftist socialist marxist ownage in 6 months.

Um, Obamacare is still going forward. And the Fed is implementing Quantitative Easing, just like it planned to do BEFORE the election. And I'm not aware of any other aspect of Obama's "agenda" that "has been stopped."

So why don't you explain to us how it is the retail sales are up and the economy is on the upswing?
 

thepd7

Diamond Member
Jan 2, 2005
9,423
0
0
Hello Bueller

It's Christmas time

Buying will stop right after Thanksgiving just like last couple of years.

Who the hell shops for Christmas before Thanksgiving? Certainly not enough to make that the driving factor here.

$500 ea on
Higher food stamp recipients in 6 mo?
Less people working in 6mo?

These have no inflation calculations to finagle nor rely on other bogus measurements or I'd also include lower tax receipts, less consumer spending, higher costs of goods, and continued erosion of housing prices. These are just cold hard facts reported and paid by DHS and W2 submissions to IRS.

So you are willing to bet $500 that unemployment will be higher in 6 months? What data would you like to use? I'm interested.
 

Phokus

Lifer
Nov 20, 1999
22,994
779
126
Um, Obamacare is still going forward. And the Fed is implementing Quantitative Easing, just like it planned to do BEFORE the election. And I'm not aware of any other aspect of Obama's "agenda" that "has been stopped."

So why don't you explain to us how it is the retail sales are up and the economy is on the upswing?

The (D) next to Obama's name struck fear in the heart of capitalism. That's spidey's explanation and he's sticking to it.
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Who the hell shops for Christmas before Thanksgiving? Certainly not enough to make that the driving factor here.



So you are willing to bet $500 that unemployment will be higher in 6 months? What data would you like to use? I'm interested.

No, Careful with those liar stats called unemployment. They mean virtually nothing way they are calculated and they toss people off.

I am talking about BLS A tables which has employment RATE of population which sits about 58% now. Which takes W2s/population.

I expect, we will still lose people in terms of the percentage of the population that is employed.


Especially if they start slashing since 2/3 of Americans depend on Govt spending. I'd have to wait and see their tenor before betting real money. If they slash budget by say 500B I'd bet $10,000.
 
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MotF Bane

No Lifer
Dec 22, 2006
60,801
10
0
I do wonder why some of the posters here, both on right and left, have become crazier since the election...
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Three ways economy can improve Republicans won't do most likely.

1) You can issue credit like we did in housing boom to fake prosperity, or Federal govt can fake it with borrowing... amounts to same thing, living on credit card. A dangerous Decent into Wiemar Apocalypse.

2) You can make (mine, grow, or manufacture) things. Why hire Americans when Chinese will work twice as hard for 1/20th as much? Mechanics of Free trade won't allow it.

3) You can redistribute wealth so their is demand again. Fat chance. Responsible Republicans like Eisenhower and his Republican House and Senate are long gone.
 
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thepd7

Diamond Member
Jan 2, 2005
9,423
0
0
No, Careful with those liar stats called unemployment. They mean virtually nothing way they are calculated and they toss people off.

I am talking about BLS A tables which has employment RATE of population which sits about 58% now. Which takes W2s/population.

I expect, we will still lose people in terms of the percentage of the population that is employed.


Especially if they start slashing since 2/3 of Americans depend on Govt spending. I'd have to wait and see their tenor before betting real money. If they slash budget by say 500B I'd bet $10,000.

so you're not actually willing to bet and should edit your earlier post then.
 

ericlp

Diamond Member
Dec 24, 2000
6,139
236
106
With a republican house poised to stop all that Obama has been doing to destroy our economy some sense of certainty is being felt by all business and consumers. This is no surprise, once you stop Obama and his attack on business/capitalism the economy will take off again.

Wow! Thank god we got the repubs back in! Now everything will be peachy!

Just like Clinton said! "GOOD TIMES!" Ooops, wrong repubs.

Maybe it was bush? No Reagan !!! Shit! When was it ever good times with those assholes in?


Tell us Spidy!
 

manimal

Lifer
Mar 30, 2007
13,559
8
0
Yoy numbers are important in retail as they give you snapshot of demand and climate.

Independently there is some pent up demand as weather affects retail considerably so some of the money left on the table will soon be spent.

Now inventory levels are higher this year as well for most retail channels so this does bode well since inventory led to many shortages and unfulfilled demand the last few years as purchasing overcorrected to be on the safe side in many areas...

Again I mention that demand will drive economic progress and only demand...I am a small business owner and feel the parroting of uncertainty as a reason for weak growth is frankly preposterous..

The only thing that is uncertain is when consumers will start to spend money.....now if the hoarding would stop and hiring resumes we can see an uptick in demand...

Show me an actual metric that outlines this uncertainty principle? Im not talking about an interview with some talking head...an actual metric.....

though so....
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
I just want to point out that, however fucking retarded spidey's post is, it's nowhere near his most idiotic. He once said that a man who randomly shot through his hotel room door and killed another man on the other side who mistook his hotel room for another had a chance to get off scott free on 'self defense'.

Sounds like Spidey is Cheney
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Nearly all of the women I know are already done with Christmas shopping.

They start in July or August.

Woman are women. Any excuse to spend money and they are there early and often. I shop on the 24th, like the stress and all guy environment gettin shit done.. Swinging through stores at break neck speed with my buddies. Plus it's cool that my kids think they arnt getting anything and seeing faces in morning after I sat stuff out at 2am.:)

Santa did not show in July, Neither do I.:p
 
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Zebo

Elite Member
Jul 29, 2001
39,398
19
81
We can do our part at least.

PayPal me $100, and I'll buy $90 worth of shit from you on Ebay. Why wouldn't that work?

Eisenhower did'nt give anything neither will I. He took, up to 92% in some cases, and built hwys, bridges, water treatment plants , etc with mainly union labor. Built country into greatness with redistribution but it was workfare not welfare. I got a house to paint tho... wife changes color every year.
 
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PeshakJang

Platinum Member
Mar 17, 2010
2,276
0
0
Built country into greatness with redistribution but it was workfare not welfare.

And in modern society, that relationship is indisputably reversed.

I got a house to paint tho... wife changes color every year.

I'll do it, but it will cost 5x what you want to pay and I'll take my sweet ass time.
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
You'll never hear me defend abomination that is welfare to able body people. Disgusting on so many levels mainly destroying recipient for life.

All I'm saying is sensible investment in people like back in the day. Sensible tax so we don't run deficit and we don't have so much wealth concentration. It's not healthy for America or democracy. Basically I'm a Eisenhower Republican. Still registered republican even though nut cases like spidey took over party.
 
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Slew Foot

Lifer
Sep 22, 2005
12,379
96
86
I am talking about BLS A tables which has employment RATE of population which sits about 58% now. Which takes W2s/population.


Not everyone is W2'd though. Most awesome people, like myself and you too I think, dont get a W2.
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Not everyone is W2'd though. Most awesome people, like myself and you too I think, dont get a W2.

I have to pay myself something... hard to explain and buy certain items otherwise.... I am a C corp actually 2 but how you live without getting paid? 100% 1099? That's figured in FYI if not using tax payer ID but SS#.
 
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