When retail is downwardly trending,
But is it a shock
When a nation in hock
Will at times prefer saving to spending?
The US government reported retail sales down 0.5% in June, making the first negative sales quarter since April 2008. These light sales figures will weigh on the reelection hopes of Pres. Barack Obama, confirming as they do the picture of a weak domestic economy. But: is it wise or realistic to expect an overly indebted, underemployed US consumer to reach out of his or her meager savings to jumpstart the economy? Better for Uncle Sam to use his still-first-class credit rating to fund the renewal of our national infrastructure, thereby picking up the economy and providing something useful at the same time.
Posts
C69F2E7208
ReplyDeleteWhen considering customization options for your apparel, dtf transfers offer a versatile and high-quality solution. They provide vibrant, durable designs that can be applied to various fabrics, ensuring your creations stand out. Whether you're starting a small business or personalizing items for friends, these transfers are an excellent choice. For more information, visit the link to explore the possibilities of dtf transfers.