Friday, November 9, 2012

We Have a Problem When...

The Obama regime has repeatedly been bombarding the media with stories of how the US economy is growing, jobs are increasing, and there's virtually no inflation. One inconvenient truth came out today, as Mc Donald's reported same store sales for the month of October.

As you can see from the chart below, sales dropped by 1.8%, In addition, a 2%+ drop in comp store sales across all locations: US, Europea and APMEA, with the US performing just as bad as Europe. Most importantly, this was the first monthly drop in MCD comp sales since March 2003! Are 99 cent meals no longer affordable in the US? Perhaps food stamp use cut into Mc Donald's sales figures. I wonder if we'll see a "Mc WIC" EBT meal.



I've noticed here in Tampa, restaurant prices increasing, portions shrinking, and less people going out to eat. Now, even Mc Donald's is having problems. Healthy economy or just more 'good news' from the Obama regime. Bad is Good, Good is Bad, Down is Up, Black is White. But beyond the propaganda, facts are facts. In a growing economy, this would never happen.






3 comments:

Right Wingnut said...

Good to see you posting again, LH.

Anonymous said...

"Bad is Good. Good is Bad. Down is Up. Black is White." I think you just summed up Barack Obama's entire policy, domestic and foreign. :)

-Katrina

Lionhead said...

Thanks RW. And the same goes for you! ;)