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How Are Retail Sales in 2017?

Despite consumer uncertainty, as well as a very sluggish beginning to 2017, the U.S. retail sales industry is projected to increase 4% this year. Headlines show that many retailers and companies posted “soft” holiday sales to end 2016, which caused some notable retailers to either cut jobs or close stores as a result. However, when it comes to 2017, the National Retail Federation (NFR) released an economic forecast projecting the retail industry (this excludes automobiles, gas stations, and restaurants) to grow and reach that 4% increase aim.

Changing The Tax Code

Increasingly, members of both political parties in the America support a major revision of the Tax Code. While it is possible that we will complete such revisions before the 2012 election, it seems more likely they will be enacted soon afterward or by early 2013 at the latest. In the near depression-like economy, the world […]

Prez’s Weekly Address: 50% of America Losing Health Care?

WASHINGTON – In this week’s address, President Barack Obama highlighted a new report from the Treasury Department that found that about half of all Americans under 65 will lose their health coverage at some point over the next ten years. The report also found that Americans under 21 have more than a 50-percent chance of […]

Prez’s Weekly Address: Attempting to Debunk Health Care Reform ‘Myths’

WASHINGTON – In his weekly address, President Obama set the record straight on some of the most pervasive myths about health insurance reform. He addressed a range of “outrageous myths” including that illegal immigrants will be covered, that abortions will be funded by taxpayer dollars, that so-called “death panels” will be formed to decide who […]