Arguing about the pro-business American MSM is like arguing about blue sky.
Remember the theme outlined below?
Money, who gets it, and war, etc. KEEP THAT in MIND!!!
"Big pitch to uneasy school shoppers; Retailers ready deals amid grim indicators" by Jenn Abelson, Globe Staff | July 22, 2008
Consumers are getting hit from all sides. Despite the recent retreat in oil prices, gasoline prices, comfortably above $4 a gallon, are near all-time highs. Overall inflation for the past year, 5 percent as of June, is running at its fastest rate in nearly 20 years. Food prices are rising even faster, up 5.3 percent from a year ago, the fastest climb since 1990. Meanwhile, the job market is weakening: The unemployment rate has climbed nearly a percentage point over the past year, to 5.5 percent.
Although millions of tax rebate checks hit mailboxes in June, consumer spending remained soft last month, making retailers especially nervous for the back-to-school season, which is typically the second largest shopping period after Christmas.
Notice how they flog the tax rebate in nearly every business piece?
How much you wanna bet it also appears in my next post?
In Massachusetts, state legislators also are hoping to jump-start consumer spending. The House took steps yesterday to introduce a bill that would designate the weekend of Aug. 16-17 as a sales tax holiday, despite recent concerns by some officials that the state could not afford the annual tradition.
Yeah, they WASTE MILLIONS UPON MILLIONS in TAX DOLLARS, and then throw us a chump-change "holiday."
I won't be buying anything those days.
For a TRUE PERSPECTIVE, please read: The Week that America Woke Up to the Economic Crisis
