So either George is a liar, or....
"Shoppers didn't spend as much as expected in June" by Bloomberg News | July 16, 2008
WASHINGTON - The economic boost from US tax rebates began to fade in June and inflation pressures increased, reports yesterday showed, pointing to a possible contraction later this year.
Retail sales rose 0.1 percent from the previous month, the Commerce Department said yesterday. That was less than economists forecast. At the same time, the Labor Department reported that producer prices jumped 1.8 percent, the most since November. From a year ago, prices climbed 9.2 percent, a surge unseen since 1981.
The jump in fuel prices may have also caused Americans to limit visits to restaurants. Sales at food services and bars fell 0.2 percent.
I NEVER go out to eat anymore -- and WON'T either!
I'm on one meal a day, I can't afford that shit!
And I'm for closing down bars, so....
--MORE--":-)
