Monday, April 14, 2008

ECONOMY NOT SO BAD AFTER ALL

  • WE'RE NOT IN RECESSION - YET.
  • WE'RE SLOWLY GROWING - ALBEIT AT A RATE WHICH WON'T SUSTAIN EMPLOYMENT. AND IT WORRIES PEOPLE. JUSTIFIABLY.
  • THAT, AND THE INCESSANT NEGATIVE SPIN BY THE LEFT-WING DOMINATED MSM, MAY PUT US INTO A RECESSION - YET.
HERE ARE THE FACTS: REUTERS: Surprise retail sales rise doesn't dispel gloom
U.S. retail sales rose unexpectedly in March as consumers dug deep to cover record high gasoline costs, according to a government report on Monday that did little to dispel the gloom hanging over the economy.

Retail sales increased 0.2 percent last month after a 0.4 percent fall in February, the Commerce Department said. Wall Street analysts were expecting sales to hold steady.

The rise, however, reflected a surge in gasoline prices that pushed gas station receipts up a sharp 1.1 percent.

Excluding gasoline, sales were flat last month, suggesting the consumer spending that fuels two-thirds of the economy's thrust is flagging.

"It is a report that seems to highlight that consumers are moving into a more cautious mode," said Drew Matus, senior financial economist at Lehman Brothers in New York.
  • YES: THINGS ARE NOT VERY GOOD NOW - BUT WE'RE NOT IN A RECESSION - YET.
  • AND WE CAN PREVENT ONE, TOO - EASILY.
  • WE NEED MORE TAX CUTS, AND NOT THE TAX INCREASES THE DEMOCRATS ARE PROMISING.
  • AND WE NEED TO INCREASE ENERGY SUPPLIES - SOMETHING WHICH WE CAN DO WITH THE STROKE OF THE PEN, AND WHICH WON'T COST THE TAXPAYERS A SINGLE PENNY:
  • WE NEED TO OPEN UP ANWR AND DRILLING OFF THE COASTS OF CA AND FL
  • AND WE NEED TO LICENSE SEVERAL NUKE POWER PLANTS ANS SEVERAL COAL POWER PLANTS.
  • THE DAY WE DO THE PRICE OF ENERGY - OF OIL - WILL DROP 20%.
THE ONLY THING BLOCKING THIS IS DEMOCRAT POLITICIANS.

DEMOCRAT POLICIES ARE THE CAUSE OF OUR CURRENT ECONOMIC PROBLEMS.

2 comments:

  1. Does anyone think that the whole winter thing, keeping warm and such, may have been a hit for bitter America? Just saying ...

    I know our energy bill was running about $1000 a month where $3-400 is normal. Might put a damper in spending for the new fridge don't you think?

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  2. WE'D BETTER DO SOMETHING ABOUT THIS NOW: WE'RE ENTERING A COOLER PHASE ON EARTH AND WE'RE GONNA BE USING more ENERGY TO KEEP WARM FOR THE NEXT DECADE OR SO.

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