If you believe the liberals (oops, progressives), you believe that everything is just hunky-dory. The economy is recovering and the gravy train will be back on track thanks to King Barack. The reality, on the other hand (hat tip to Political Brambles), is that retail stores are collapsing -- so much so that one author calls it a "retail Apocalypse." Remember, these aren't just "greedy CEOs" being impacted; these are tens of thousands of employees losing their jobs and all the benefits that go with them. Here's the article and here's the list of anticipated closings:
Best BuyI thought about the economic collapse yesterday when I passed what used to be a thriving business on route 55 north of Strasburg. They sold modular homes. I'm sure the housing bust did them in just like it hit the Merillat cabinet factory south of us. They used to have three shifts and worked round the clock. No more! Whenever we travel we pass through small towns with scores of boarded up store fronts. America is becoming a land of ghost towns. Sad!
Forecast store closings: 200 to 250
Sears Holding Corp.
Forecast store closings: Kmart 175 to 225, Sears 100 to 125
Forecast store closings: 300 to 350
Forecast store closings: 125 to 150
Barnes & Noble
Forecast store closings: 190 to 240, per company comments
Forecast store closings: 500 to 600
Forecast store closings: 150 to 175
Forecast store closings: 450 to 550
But you can take comfort from the progressives' assurance that it is all George W. Bush's fault! I wonder...are any liberals (oops, progressives) getting tired of the excuses and blame that gush forth whenever a lefty politician opens his mouth?