its really simple

[schnurrbart]

Tell us why oil is so low now and why is that harmful for anyone other than the oil companies and people who have oil wells and/or oil stock!   Why is Wal mart closing stores (they aren"t in AZ BTW)?  I'll tell you.  The heirs profit probably dropped below $90 million last quarter and they will cut out all the employees of the 150+ stores and those expenses to cover their losses.  The people with money are doing a buying frenzy with the low stock prices.    Gun control is on the agenda but so is everything else.    Your congress really wants to help by voting to repeal the ACA and throw everyone out into the street again and into the ERs.  Yeach that REALL helps!!!

[BA Deere]

When oil price gets this far below the cost of production, some oil companpanies will go broke and sooner or later this lack of capacity will come around and bite us.  The Bakkens need $70 Russia needs $50, Saudi needs $18...the price of oil is $30, a year of this and we`ll lose the Bakkens and russia, probably Norway`s North Sea production and left at the mercy of Saudi Arabia...then you`ll pay though the snoot!  It`d be best if it bounced between $50-$70 to keep production up.

The US oil patches were the main bright spots in the US employment, now that will go away.

Walmart is closing 269 stores worldwide.  I have no love for walmart, however it`s been a barometer of the pulse of the working poor.  The working poor can not afford the once stabil walmart, that tell`s alot.

http://quadrangleonline.com/2016/01/17/walmart-is-closing-269-stores-worldwide/ 

This economy is absolutely nothing to brag about, we`ve had zero % interest rates the entirty of Obama`s terms in office...if things were good 0% fed funds should not happen, if you don`t understand, ask one of the smart liberals. 

[schnurrbart]

OK , so the economy is/was bad and the interest rate went to 0%.  So then the DOW topped 18K.  Was that not an indication that the economy was doing pretty good?  China has a problem and all the investors get all shaky knees and it collapses!  Fear and greed are the only two things that matter to WS and they run in cycles just like the climate, right?  As for Wal Mart, I do occasionally shop there.  Being on a fixed income, we have to watch our costs.  I really don't think that oil prices have much to do with gas and diesel prices.  If oil goes up a dollar, gas prices jump a nickel that very day but if it drops to $29.70, gas prices don't do anything and they probably won't do anything until oil goes up and they move up again.

[r3020]

---

@schnurrbart wrote:

OK , so the economy is/was bad and the interest rate went to 0%.  So then the DOW topped 18K.  Was that not an indication that the economy was doing pretty good?  China has a problem and all the investors get all shaky knees and it collapses!  Fear and greed are the only two things that matter to WS and they run in cycles just like the climate, right?  As for Wal Mart, I do occasionally shop there.  Being on a fixed income, we have to watch our costs.  I really don't think that oil prices have much to do with gas and diesel prices.  If oil goes up a dollar, gas prices jump a nickel that very day but if it drops to $29.70, gas prices don't do anything and they probably won't do anything until oil goes up and they move up again.

---

Gas prices haven't gone down where you live. We've gone from $4.00 to $1.50.

[Polaris Racer]

Obama is gay.., Fact

[Milligan Hay - Iowa d:^)]

---

@Edmund55 wrote:

(It must really smart to know you've been suckered. alternet.org/media)

What or whom is alternet? - you quote them often.

---

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[hobbyfarm2145365]

One group didn't suffer was the govt farmers who go "substantial"  taxpayer payed for checks"    They don't worry the govt will always make it good to cover poor business judgement.     

[HortonGordelson]

Remember when the stock market crashed at the beginning of Obamamas first term?  He said the stock market wasn't a good indicator of the strength of the economy......remember that?

[ihtractortherap]

Disposable and discretionary income is substantially lower because of increased health care premiums and deductibles from Obama care. Hey the economy is doing great, lets just close some Walmarts for the fun of it

[OKdon]

Are you suggesting that walmart are in a forced liquidation mode? They re making money, a whole lot of it but they are not stupid. They know enough to close properties that don't have the best returns and replace them with more productive units.

Why would you ever think that wall mart is suffering and I certainly would not blame it on the president.