What Happens When People Stop Buying

One thing the taxers never seem to consider is what happens when their new tax hits family budgets.  Consider the increase in health insurance caused by the Affordable Care Act, which has turned out to be very unaffordable for millions.  Well the retail reports are starting to tell us what happens. People being force to spend for healthcare insurance that they don’t need don’t have the money to spend or save on other things.  And those other things don’t do so well.

http://endoftheamericandream.com/archives/retail-apocalypse-2016-brings-empty-shelves-and-store-closings-all-across-America

Of course store closings should always be a last resort. One might think that condensing in the face of losing sales would only strengthen what’s left but instead it usually drive business elsewhere.

http://www.southbendtribune.com/news/business/marketbasket/closing-stores-not-always-sign-of-failing-retailers-but-move/article_42525c24-79b8-5ef4-8852-00b8f6c5376c.html

 

http://www.cnbc.com/2016/01/12/why-closing-stores-isnt-an-easy-fix-for-retailers.html

Peter Grant has more thoughts.

http://bayourenaissanceman.blogspot.com/2016/02/what-retail-sector-says-about-economy.html

I posted about this back in May:
https://theartsmechanical.wordpress.com/2015/05/04/6000-stores-of-major-chains-closing-this-year/

If you have any doubts about the true state of the economy just do this test.

https://theartsmechanical.wordpress.com/2015/04/12/how-many-for-lease-signs-are-in-your-neighborhood/

Frankly one of the biggest problems is that small businesses are being choked to death by the ever increasing taxes, fees, regulations and licenses.

https://theartsmechanical.wordpress.com/2015/08/19/in-this-economy-the-government-should-be-helping-small-businesses-not-doing-this-crap/

Which sort of answers the question, “why isn’t America working?”

https://theartsmechanical.wordpress.com/2015/10/15/why-isnt-america-working/

 

And Sears adds 50 more stores to the total.

Sears Is Closing at Least 50 More Stores

Actions have consequences.   The things that are happening are not just caused by the poor general economy.  They are caused by the antigrowth narrow minded actions taken by the current administration.

For more on the dysfunctional economy click Here or on the tag below.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s