Retail sales gain shows some strength in economy

May 13, 2013 Full story: www.reuters.com 13
Retail sales unexpectedly rose in April, pointing to underlying strength in the economy and leading forecasters to bump up second-quarter growth estimates.

The surprise gain in retail sales, which account for about 30 percent of consumer spending, was the latest sign of resilience in an economy that has been hit by belt-tightening in Washington as the government tries to cut its budget deficit.

Full Story
tomuch

Warren, MI

#1 May 13, 2013
Hey Reuters. What you are selling I am not buying.

Since: Sep 11

Location hidden

#3 May 13, 2013
According to Who? Obama and the liars? I've had about enough of them.

Since: Sep 11

Location hidden

#4 May 13, 2013
MORE SNAIL SPAM.
Gravediggers

West Palm Beach, FL

#5 May 13, 2013
People still have no savings, are used to cheaper products and still fear the bottom could fall out AGAIN.

That's what happens when you elect a President who wants things his way and WON'T COMPROMISE to give Americans a quicker pathway to success.

FAILED LEADERSHIP = President Obama

Failure to LEAD!
truther

Mesquite, NV

#6 May 13, 2013
Gravediggers wrote:
People still have no savings, are used to cheaper products and still fear the bottom could fall out AGAIN.
That's what happens when you elect a President who wants things his way and WON'T COMPROMISE to give Americans a quicker pathway to success.
FAILED LEADERSHIP = President Obama
Failure to LEAD!
Yea, that's why the stock market is going nuts on the high side. That's why building permits are up all over and Lowes' is busy. That's why I see new cars everywhere and I hear Porsche Boxer adds for $599/mo. leases. Yup, things are really down the tubes.

Since: Oct 12

Location hidden

#7 May 13, 2013
BandMaster wrote:
According to Who? Obama and the liars? I've had about enough of them.
Kill's ya, does'nt it?.....What kind of american are you.....you, that cheers for anything that detracts from our economic recovery?
lolol

Albuquerque, NM

#8 May 13, 2013
Well heck, they have raised prices so much of course they see it as increased sales. You priced a pound of decent ground beef lately ?

Since: Sep 11

Location hidden

#9 May 14, 2013
IMPEACH OBAMA
Authur

Mesquite, NV

#10 May 14, 2013
BandMaster wrote:
IMPEACH OBAMA
We can hope, but it probably is not in the cards. Damage control is in overdrive. I believe that Bengazi video of Hillary chanting, "What difference does it make now" effectively kills her chances for higher office. Greater taint may harm the Obama legacy. Holder played the security angle up big time enough to obfuscate the privacy violations. The IRS thing was largely local and did not reach up to the oval office.

The best hope is that the collective direction of all these things will be seen as and abuse of power by the Democrats.
tomuch

Warren, MI

#11 May 14, 2013
truther wrote:
<quoted text>
Yea, that's why the stock market is going nuts on the high side. That's why building permits are up all over and Lowes' is busy. That's why I see new cars everywhere and I hear Porsche Boxer adds for $599/mo. leases. Yup, things are really down the tubes.
It's people like you that Obama depended on for votes during the election.

Dummer that bull shit.

Be real quiet. Listen.

Why isnít the President taking credit for the marketís awesome performance?

The President says heís a champion for Main Street, not Wall Street. If he touts the Dow busting through another ceiling, heíll only be contradicting the Occupy Wall Street crowd he subtlety aligned with during the campaign (when he was drawing a contrast with a very rich Republican nominee).

The Federal government is printing money to purchase bonds.

Overall, the Fed spends $85 billion each month buying Treasury bonds and mortgage-backed securities.

It means this stock market surge is not based on a healthy, growing economy (0.1 GDP growth last quarter; 4.0 GDP growth is considered solid), but largely by one injected with green steroids (fresh cash) and supported by sturdy corporate profits.

“It's a Brand New Day”

Since: Feb 06

New Rochelle

#12 May 15, 2013
tomuch wrote:
<quoted text>
It's people like you that Obama depended on for votes during the election.
Dummer that bull shit.
Be real quiet. Listen.
Why isnít the President taking credit for the marketís awesome performance?
The President says heís a champion for Main Street, not Wall Street. If he touts the Dow busting through another ceiling, heíll only be contradicting the Occupy Wall Street crowd he subtlety aligned with during the campaign (when he was drawing a contrast with a very rich Republican nominee).
The Federal government is printing money to purchase bonds.
Overall, the Fed spends $85 billion each month buying Treasury bonds and mortgage-backed securities.
It means this stock market surge is not based on a healthy, growing economy (0.1 GDP growth last quarter; 4.0 GDP growth is considered solid), but largely by one injected with green steroids (fresh cash) and supported by sturdy corporate profits.
Yes, the economy is turning around, wholesale prices are falling, stocks & savings up, employment is up, demand is up, consumer confidence is soaring, gasoline price is falling, deficit is shrinking....

Not a good day to be you, even with your giant garbage bag of sour graapes.
tomuch

Warren, MI

#14 May 15, 2013
Mr_Bill wrote:
<quoted text>
Yes, the economy is turning around, wholesale prices are falling, stocks & savings up, employment is up, demand is up, consumer confidence is soaring, gasoline price is falling, deficit is shrinking....
Not a good day to be you, even with your giant garbage bag of sour graapes.
Then you woke up.

Since: Oct 12

Location hidden

#15 May 16, 2013
Mr_Bill wrote:
<quoted text>
Yes, the economy is turning around, wholesale prices are falling, stocks & savings up, employment is up, demand is up, consumer confidence is soaring, gasoline price is falling, deficit is shrinking....
Not a good day to be you, even with your giant garbage bag of sour graapes.
Actually amazing, when you consider all the partisan blockage and obstruction of progress, this administration has had to deal with....Speak's volumnes about the American spirit and determination....not sure how the Reich justify's rooting againest our economic recovery?....Not very patriotic.....

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