Granted, when I'm out an about in my near Chicago suburb it's during the day, so most of the gainfully employed are elsewhere, but even so I know people who are unemployed or underemployed. In my upscale village and the one just up the road there are empty storefronts and one merchant, after touting a move to a more ambitious location, has moved a few doors down to a more modest one.
Wal-Mart is a bit of a haul in the exurbs, shoppers there a leading indicator, but everyone notices the price of gas---and the price of bacon.
Then there's the price of your house. A lot of people don't even want to acknowledge that.Mommentator MommentatorThe gas is bad enough but when #bacon at the local is over $6 -- we need to start impeachment.
Some morning mixed signals here, with this comment:
As Drudge is linking this morning, reportedly a full 25% of new April hires came from McDonald's (62k McD jobs out of 244k total April hires)
No, not everyone is on food stamps. But most everyone is worse off than they were when President Obama was elected promising change.
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