Check out the headline. In SeeBS, no less:
Analyst: Even Dollar Stores Struggling In ‘Obama Depression’
July 11, 2011 9:19 AM
LOS ANGELES (CBS) — More stores across the U.S. that offer deeply-discounted products are seeing their sales decline after years of growth amid America’s “Great Recession” — and one analyst said on Monday it’s another sign of even deeper downturn.
While the demand at stores like the 99-Cent Store or Dollar Tree is still relatively high, the biggest chains in the nation have fallen short of Wall Street’s expectations for several months, a trend that may prove even more ominous for the economy at large.
“I think what’s going on in those stores is that we are in a depression for 80 percent of Americans,” top retail analyst Howard Davidowitz told KNX 1070.
That is the first time I have seen it called a “Depression” in a non-right wing venue. The wheels are starting to come of Obama’s Magic Bus…
Tags: Obama Boom, Obama Depression'
