Surprise, surprise, surprise, the US economy shrank 0.1% in the last quarter of 2012. That 0.1% may not seem like a lot, but the real story its much worse then 0.1%.
Take these factors into consideration:
The economy shrank during the biggest spending time of the year – Thanksgiving and Christmas. If the economy shrank during Christmas, that says people do not have expendable income.
The economy shrank during one of the biggest panic buying phases in the firearms industry since the 1994 assault rifle ban.
Not only were people spending money on Christmas, but they were also buying all the guns, ammunition and magazines they could get their hands on,,,, and the economy still shrank.
One thing that caused a slowdown in the economy was a reduction in military spending. The question I have to ask, why does government spending play such an important roll in the economy? Maybe the government does not want the people to know how bad the economy really is?
It is time to have another random thoughts article.
National Debt – I figured it was time to make anther article when I read this opinion piece at the Wall Street Journal. According to that article, our national debt already exceeds $86.8 trillion, or 550% of our Gross Domestic Product (GDP).
According to the authors of that article, the true amount owed to the Federal Reserve is hidden from public view.
In other words, the government is treating the people like a bunch of mushrooms, we are being kept in the dark and fed crap.
I do not know for a fact that the national debt is anywhere close to the $86 trillion range like the article claims. Even at $16 trillion we are in deep trouble.
What is sad, the nation is bankrupt, and there are people looking for a government handout. There is no money, but people want more free stuff.
Coleman – The same Coleman company that makes outdoor products, why you no offer all of your products in the USA?
Why am I finding Coleman tents in overseas stores, but not in stores here in the states?
Related Forum Thread – Why doesn’t coleman sell their full product line in the USA
I was doing some google searches for a good 2 man tent, when I came across several stores in the UK selling coleman tents.
Do a search for those same tents in the USA, and nothing comes back.