Tuesday, November 25, 2008

Tell It Like it T-I-Z Tuesday

You know, it scares me how badly and quickly our economy seems to be going to crap. I mean, if you watch the news on any day of the week, you are almost guaranteed to hear about the closing down, bankruptcy or laying off of some of our nations top companies. I received an email of a list of places that are shutting down some or all of their stores in the coming months.

Circuit City stores... most recent (? how many)

Ann Taylor- 117 stores nationwide are to be shuttered

Lane Bryant,, Fashion Bug ,and Catherine's to close 150 store nationwide

Eddie Bauer to close stores 27 stores and more after January

Cache will close all stores

Talbots closing down all stores

J. Jill closing all stores

GAP closing 85 stores

Footlocker closing 140 stores more to close after January Wickes Furniture closing down

Levitz closing down remaining stores

Bombay closing remaining stores

Zales closing down 82 stores and 105 after January.

Whitehall closing all stores

Piercing Pagoda closing all stores

Disney closing 98 stores and will close more after January.

Home Depot closing 15 stores 1 in NJ (New Brunswick)

Macys to close 9 stores after January

Linens and Things closing all stores

Movie Galley Closing all stores

Pacific Sunware closing stores

Pep Boys Closing 33 stores

Sprint/ Nextel closing 133 stores

JC Penney closing a number of stores after January

Ethan Allen closing down 12 stores.

Wilson Leather closing down all stores

Sharper Image closing down all stores

K B Toys closing 356 stores

Lowes to close down some stores

Dillard's to close some stores.

I don't know how accurate this is, but I know that some of these closings are true. How does this effect you? Are any of these store place you shop?

The fact is, we are in a recession. It seems to me that the Bush Administration has been in denial of this fact for a long time and chose not to deal with it. They simply put their blinders on and made their main focus THE WAR, sending millions of dollars to Iraq and risking too many of our soldiers coming home to us in boxes. It seems that they forgot that we had to take care of home before we tried to make another take on our ways and beliefs, a country that seemed not to want our help in the first place.

I heard many times where Bush refused to call these tough times our nation has been facing a recession. The fact of the matter is, if he had been taking care of home, we would not be so deep into this mess.

Thousands of people would not be suffering lay-offs. Some of our biggest retail store would not be cutting back to the basic and closing down stores. Grocery Stores would not have to raise prices to cover their own financial costs. And the consumer would not have to suffer, choosing a can of spam over a pack of ground beef.

And while all of these prices are being raised, no one is able to raise pay wages. If people have less money to spend, businesses will continue to go downhill.

It's a scary situation, and if you are not feeling the pinch of the recession yet, believe me, when all of these business start closing, hundreds of thousands more people lose their jobs and money stops flowing through the economy, you'll feel it. And THEN everyone will be more appreciative of Obama's effort to help support the middle class, and not just "bailout" BIG BUSINESSES!

Now it's your turn! You know you have something that you wanna vent about. So go ahead!



Ali said...

That is long list! I can't believe that Linens and Things is closing all of their stores! I do think Obama can turn the economy around, I just hope its not so bad that it's going to take forever to fix it.

Melissa said...

I can't believe how many stores are closing...it is just crazy!! Let's hope that we will see the light at the end of the tunnel...real soon!!

Jenni Jiggety said...

Someone posted that list of store closings in the teacher's room at school...can't believe it!

La Pixie said...

President Bush is a politician. right or wrong, they tend to follow the letter, if not the spirit, of laws, rules, and words. that being said, I think that technically, we were not in a recession, because we still were in a period of economic growth. yeah, times are tough and things are sucky, but if we are not in a recession, how can you take the President to task for not saying it? also, Obamas big plans to help out poor people are great, but the ones who create jobs and spend REAL money are not the lower middle class. its just a fact.

I agree that we need to take care of things at home. thats why I dont get people who want us to send people to Darfur... yes, we should try to help people (which is what we are doing in Iraq and all over the world), but the US doesnt start wars for humanitariam purposes.

Nap Warden said...

Wow...so many stores. My Husband lost his job three years ago. It took him...somewhere between 6 months and a year to get his current job.
I feel like I stopped shopping all together when that happened. We are kind of on our way back up as the economy has tanked.