Signs of the pending recession
Even a non-business owner should be able to distinguish what TBogg lays out about disappointing Christmas sales. And conservatives always claim to be better at understanding basic business practices.
Guess again.
When they hear canaries singing in the coal mine, they think its time for a champagne brunch. Do they really understand business? Or do they just like to sell crap and convince you to promote their salesmen? Looks like the Peter Principle’s playing out so they can unload their stock in retail corporations before the bottom falls out.
December 26th, 2007 at 4:46 pm
A recession is coming. The impact of high fuel costs, the devaluation of the dollar, out of control subprime lending, and the enormous trade deficit we have with other countries are all reasons why.
One would think this would help Democratic candidates, particularly those who are pushing change from the status quo and would quickly adopt “it’s the economy, stupid” tactics that worked so well for Clinton in 1992.