Wednesday, April 15, 2009

Unexpected Decline

An "unexpected" drop in sales? It is obvious to people in the real world that people are buying less in order to pay down debt and save some money.


Economy still vulnerable as retail sales fall
Retail sales disappoint; Obama, Bernanke warn of slow recovery amid signs of hope
Jeannine Aversa, AP Economics Writer

WASHINGTON (AP) -- The recession is easing? Not so fast. An unexpected drop in sales of just about everything from cars to clothes sent a sobering message Tuesday: The economy is still vulnerable.
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Here is a juicy quote from a delusional person who is clearly not in the real world:
"I liken it to a lawnmower engine that hasn't been started in a while," said Richard Yamarone, economist at Argus Research Corp. "You're going to get some sputtering of activity, and you'll get a couple of false firings as well."

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