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Have to have more more have -- who have not tell that -- half of the media usually depends on Republican presidents but this one's a record and it's happening under a democratic president.
This president and you can find -- proof just shopping because high end retailers like Michael -- and Tiffany well they're -- But so too low end stores like Family Dollar whose business -- summit.
To former JC -- CO unmask him on a big chasm that no matter who's in charge just keeps growing and growing -- what do you make -- that's.
Well you know I think it's -- -- upsetting but I think when you look at you have a a tough economy and then you raise the payroll tax.
Who does that hurt the most is going to be those people under a 100000 dollar income in closely than what -- America or -- in the 50000 that person.
You've got to lose a thousand dollars out of her disposable income and that's all discretionary and so.
She really has been -- but I think taxes in general as they went up during this.
As as they went up and I'm going up during this.
Downturn is not the best way to go when you have an economy that's still well he hasn't seen -- way through now saying all that.
And Bernanke must give be given credit without his efforts and with quantitative easing which a lot of people may not agree with without that ethic.
In the lack of meaningful reforms which that the government can't seem to get its hands on.
We would be in a big big hole so I think yet the thank him.
-- -- fact that the housing market is coming back the stock market is coming back the challenges what's gonna happen.
As he's got the cease them some inflation -- on how we gonna get out of the quantitative easing but that clearly has benefit of the upscale people.
But we will get involved this your hands on right I mean if you think about it obviously those those payroll taxes back and effective to two years of not having him.
Are are forcing people to go even further downstream from the wal -- of the Family Dollar the dollar source.
The upper -- seems unaffected by even -- much substantially higher taxes when they went up to 39 point 6% to 35 and all the other taxes that are growing.
But there's still Willy Nilly stop and like it said ninety that in.
But I think I I think it's too early to tell on the upscale customer because I think that.
A lot of people sold a lot of stocks just that the two at the and that's what is usually believing he's feeling.
I think some of that but I think -- you -- go from 35 to 396.
And then you've got.
You got the the -- bombings the attacks coming on top of that.
And you -- dividend tax and you got right here you know capital -- that's -- let that pass and sometimes maybe not in nearly one but as the year goes on and that the economy goes down.
You see the stock market drop you'll see that the person affected.
But I think as we're talking about you look at wall might look at tiger all those both of those doors -- down dollar stores are going up and I -- that customers even dropping down out of wall -- not a target.
You know if you're in that middle range thank you say that the wal marts and targets by extension I would say -- launches he panicked.
They're getting squeezed and and is any about a changing girls on.
Gonna change that just basic Mac or -- reality that that the big box stores that are not super super high -- -- super super low and for want of a better term.
Are gonna feel the need for a while to come.
Well I think get in my old haunt if you will.
If you -- today the one thing you have to be able to deliver to the customer is you have to be able to deliver value and I think that pennies got off course on that.
For the last year and a half and it really really really affect them I didn't even see how much value represents that got -- good.
-- TJ Maxx and -- they have done very well what do they do they giving customers great value on branded goods.
But -- wall -- And -- and I think they're going -- probably -- losing some of that bottom here right drop down to the dollar stores but again Wal-Mart still represents great value on the long term you know they represented.
That they represent growth.
Alligator might -- indulge is a big silly and and then concerning the place -- -- JC Penney this fuss over this teapot ST cattle.
But it looked a lot like the fear I mean I guess.
But boy that someone I'm picturing had a few drinks.
Maybe mix it with some heavy medication.
And and said dude that cattle looks like Hitler.
But nevertheless JC Penney pulled the cattle.
And I'm thinking man this is -- what event.
I I think it's not first of all when I was a kid people used to see things in the clouds I could devastated I thought I.
I must say I couldn't I couldn't see I couldn't see Hitler in this in this add.
But this billboard but somebody else sob but I don't think -- respond -- that because -- must say.
The Braves is a very important design of the big deal for him they got a whole shopping.
Devoted himself puts a negative on it but I must say I could not see the hideous picture of Hitler -- in the head that's Arnold.
That you did not see the virgin Mary and and the big map that that woman was an -- -- -- averaged I think what.
My mother thought I was less creative than I needed to be I think that's -- on what you think they'll whenever major retailer does pull -- cattle based on some people's suspicion that something.
Does look going to study because then you had your number and away don't bet I know it's of people -- -- in the senate custom order of business you don't want to offend people.
But I think most rational people would conclude.
That that cattle is not the fear.
I would I would support your point of view content.
I think it's an over reaction -- you know they have been they've been hit by a lot of different courses so I think that.
I don't deal -- get out of their own way did that great Cella Barbara right now you talked about how eventually we're -- we're gonna this all dole is three dollars to catch up -- the Fed's been the win.
And it runs back a -- this market lifting a lot of companies easy cheap money.
Sometimes I think -- -- the Fed does and as they have to stop this even if it announces that it's cutting it back a little from 8085 billion a month since 7065.
Then you might just say Katie bar the door because just stick him that he's taken to punch bowl away we'll -- no punt and -- you're.
-- -- -- -- -- You you're right you saw last week you saw the -- -- dropped last week when there's a -- on about I believe that.
It what that that the that Bernanke is probably one of the smartest guys out that despite the fact a lot of real don't give them a lot of credit I think he has a bright guy.
And I think he will be very judicious in the way he handles it and by the way if you start to see.
Prices going up that means -- economy's doing better and he will gradually pull us back now I'm not the expert he is -- -- On that kind of engineering but.
I you have to take -- hat off to him because our country has done better than the rest of the world.
And I have to put it in his camp because that the government has.
It has done very little to help they've done very little intended changing policies that I think would be good for the for jobs good for.
Good for the the the working a population we really suffering because we have a government that's not focusing on.
How to get businesses back -- -- so they can hire people put people back to work.
Do you think -- area.
Senate is gonna switch.
Well I I don't know I think the it's gonna be what the voters say but I consider a lady that these people who don't have jobs and within those who do have jobs have not seen in growth and income growth.
They talk about the people are seeing it in the top top but -- -- more -- -- and -- and -- they stick and weathered 2014 it it shows in the midterm.
Well I -- I can't answer that would -- the scandals that and I but I think -- can answer if you don't start to see real job growth and real income growth people wanna change.
So you could answer the teapot question -- the midterm elections very -- How western thank you always good seeing nice to do it you are.
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