Sunday, January 19, 2014

JimQ — The Retail Death Rattle


Lots of data. What recovery?

Washington's Blog
The Retail Death Rattle
JimQ

 

5 comments:

googleheim said...

Somewhat out of paradigm .... that the government does not produce anything. .... and withou reference to MMT solutions in that would increase spending as a way to fill the liquidity vacuum.

Otherwise doom gloom. Obamacare will increase spending but to healthcare companies, doctors, medical supplies and relieve those who now canvspend their money somewhere else.

The Just Gatekeeper said...

I agree with above....and also did it not occur to the author that retail traffic is down because of increasing online sales?

Greg said...

If everything were sold online it would still create a huge jobs gap. I don't think he is talking just about output/sales losses, this is about finding something to do for millions working in retail

Matt Franko said...

Bricks and mortar are dying because as Tom likes to say: "the rent is too damn high".... where they are located.

rsp,

googleheim said...

Amen to matt and tom

Rent IS too high.