US Retail Sales Increase Strongly In July

Jan 2016
57,388
54,152
Colorado
#3
Yes, Americans certainly are spending themselves silly.

I guess they're hoping and expecting that their employers are going to reward them with some big pay hikes. Any day now. Promise. Really. This time for real.

If not, we could ALL be in big trouble.
 
Likes: 3 people
Apr 2015
15,325
2,849
Katmandu
#5
Yes, Americans certainly are spending themselves silly.

I guess they're hoping and expecting that their employers are going to reward them with some big pay hikes. Any day now. Promise. Really. This time for real.

If not, we could ALL be in big trouble.
Real wages and real median household incomes have increased size Trump took the helm, no reason to think it won't continue.
 
Likes: 1 person

HCProf

Council Hall
Sep 2014
28,781
18,199
USA
#6
I always shop a lot in July...the sales. You have end of season sales to restock for next summer and back to school sales.
 
Likes: 1 person
Jan 2016
57,388
54,152
Colorado
#7
Real wages and real median household incomes have increased size Trump took the helm, no reason to think it won't continue.
Real wages have FALLEN in the last year, and there is EVERY reason to suspect that trend will continue. The tariff war will almost CERTAINLY guarantee that. Use the reasoning abilities the Good Lord gave you, man!
 
Apr 2015
15,325
2,849
Katmandu
#8
Real wages have FALLEN in the last year, and there is EVERY reason to suspect that trend will continue. The tariff war will almost CERTAINLY guarantee that. Use the reasoning abilities the Good Lord gave you, man!
Just a factoid, a look at the partial record chosen to make a misleading statement.

Do you dispute the fact that real wages and real median incomes have risen since Trump was sworn in?
 
Jan 2016
57,388
54,152
Colorado
#9
Just a factoid, a look at the partial record chosen to make a misleading statement.

Do you dispute the fact that real wages and real median incomes have risen since Trump was sworn in?
You are the one presenting the 'factoid', since the increase in the real wage since Trump took office is a piddling amount, less than a third of a percent. The TREND is the FACT. And the TREND is what has happened in the last year. Even a conservative economist and Trump cheerleader like supply-side economist Stephen Moore calls it 'troubling':

https://www.washingtonpost.com/news...workers-wages-arent-just-flat-theyre-falling/

From the link:

Stephen Moore, a conservative economist at the Heritage Foundation and campaign adviser to President Trump, said the figures were troubling.
 

Similar Discussions