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Thread: Wal-Mart: Our shoppers are 'running out of money'

  1. #361
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by American View Post
    Go ahead and explain it.
    Sure, Reagan, a shill for big oil, scrapped the first energy program our country ever had, and we are paying the price at the pumps today for his short-sightedness.
    Last edited by Catawba; 05-01-11 at 09:24 PM.
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Catawba View Post
    Sure, Reagan, a shill for big oil, scrapped the first energy program our country ever had, and we are paying the price at the pumps today for his short-sightedness.
    Can the liberal left at least stick to blaming presidents who are still alive?

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by dontworrybehappy View Post
    Can the liberal left at least stick to blaming presidents who are still alive?
    History is history!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  4. #364
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by UtahBill View Post
    all except lybia were there before Obama.
    Obama sends 30,000 more troops to Afghanistan - World - CBC News

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    vote obama, 2012!

    reagan was a shill!

    seeya at the polls, progressives

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by The Prof View Post
    vote obama, 2012!

    reagan was a shill!

    seeya at the polls, progressives
    Looking forward to it!


    "The most recent polls show President Obama leading all of his potential GOP opponents and, in fact easily defeating most of them in hypothetical 2012 elections."
    Quest 2012: Obama And His Challengers - Page 1 - Brian Birdnow - Townhall Conservative
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Economic growth slowed to a crawl in the first three months of the year as a spike in gasoline, higher overall inflation and continued weakness in the housing market all took a toll on the recovery.

    Gross domestic product, the broadest measure of the nation's economic health, rose at an annual rate of 1.8%, the Commerce Department reported Thursday. That's a significant slowdown from the 3.1% growth rate in the final quarter of 2010.

    The sharp rise in oil prices in recent months was a major drag on growth. Besides cutting into consumer spending, higher prices for imported oil caused a rise in the nation's imports, which slowed the economy. The increase in imported goods shaved 0.8 percentage points off of growth by itself.

    Rising overall inflation also took a bite out of growth in the quarter. Since GDP is adjusted for inflation, higher prices mean the economy must grow at a faster pace just to keep up. Consumer prices were up 3.8% from a year earlier, according to the report, compared to a rise of only 1.7% in the fourth quarter.

    And the weak real estate market continued to weigh on the economy, as investment in homes and housing construction fell at a 4.1% pace in the quarter, while investment in non-residential real estate, such as offices, stores and factories, plunged by 29%.
    Q1 GDP report: Economic growth slows - Apr. 28, 2011
    Last edited by The Prof; 05-01-11 at 10:40 PM.

  8. #368
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by Barbbtx View Post
    Yea, that's why I don't understand the liberal hate for Wal-mart. Wal-mart makes money stretch farther for low income people and those on government subsidies.
    And I hope you and cpwill, and other conservatives who dared not even be in this string (wisely), Realize what this says about Your plans to introduce either a higher income tax rate/Flat tax on the middle/poor, or a consumption/sales tax.

    These Tens of millions of Walmart Consumers can't even pay for a 20% increase in the price of Gasoline without it cutting into Walmart/inexpensive needs shopping.

    So putting a 25%-50% sales tax on ALL Goods, including Gas, would be Untenable.
    A poverty inducer as well as economy destroyer.
    Last edited by mbig; 05-04-11 at 06:14 PM.
    I'm personally sick of not being able to dunk a basketball because of racism.
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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by mbig View Post
    And I hope you and cpwill, and other conservatives who dared not even be in this string (wisely), Realize what this says about Your plans to introduce either a higher income tax rate/Flat tax on the middle/poor, or a consumption/sales tax.
    the effective tax rate for the poor under the Fair Tax is less than it is under the current system. not only does the prebate remove taxation on all spending up to the poverty level (which of course makes up a larger percentage of their income), but it gets rid of the regressive payroll tax. That's one of the many reasons I would favor it - much like wal-mart; it's good for the poor.

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    Re: Wal-Mart: Our shoppers are 'running out of money'

    Quote Originally Posted by What if...? View Post
    And everyone knows opec will cut production if we up ours to the point it keeps prices fixed.
    then they will rapidly lose market share, and money.

    [quote]Oh and you are aware that the Saudis have been injecting water into their wells to speed up produright, right?

    from what i understand, they were actually refusing to ramp up production. :p apparently they really don't like our 'smart power' president.

    So one day saltwater is gonna start suddenly coming up instead of oil.
    pshaw, that's nothing. one day the sun will explode.

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