The Saga of the Unexpected - Part 3

Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles facing the economy as it struggles to recover from the deepest recession in seven decades.

news.yahoo.com...

Part 2 here: www.abovetopsecret.com...

Watch out for the new spin-off: The Blip

Still, many economists, puzzled by the retail sales decline that follows reports from retailers of brighter holidays, cautioned that the December figures don't necessarily signal a big consumer pullback and could be a blip.

and The Disappointing

In another disappointing economic report, the number of newly laid-off workers requesting unemployment benefits rose more than expected last week as jobs remain scarce.

Coming soon: The Pathetic Optimism

news.yahoo.com...

reply to post by eldard


Thanks for the post. This was also in that article:

For the year, sales fell 6.2 percent, the biggest decline on government records that go back to 1992.
The only other year that annual sales fell was in 2008, when they slipped by 0.5 percent.

OK, that is 12 times worse that our worst year on record.

Again more proof of how they are lying to us daily about what is happening, “The December drop in retail sales was a surprise given that the nation's big retailers had reported better-than-expected results last week.”

They are lying to the people to keep us in the dark and consuming. But people are waking up and realizing that their message does not match the reality.