TRUMP EFFECT RECORD HOLIDAY SALES NEAR $600 BILLION Expert Spending Pace Not Seen Since
Great Recession
Retailers are reporting record holiday sales this season of $598 billion as of Christmas
Eve, fueled by confidence in the pro-business, pro-jobs economic polices of President Donald
Trump of cutting Obama-era regulations and enacting major tax cuts and reforms.
Yet media reports by CBS, AP and the Wall Street Journal all failed to mention President
Trump in their reports on the record sales.
The Drudge Report however is leading Monday night with a photo and headline crediting
Trump with the boom in sales over a link to the WSJ article that doesn�t credit Trump,
�GREAT AGAIN: RETAILERS FEEL CHRISTMAS CHEER�
CBS News reported Monday night without mentioning Trump at all:
Total retail sales this holiday season added up to a record $598 billion dollars � up
$33 billion from last year.
�This is literally the best season since before the recession,� business owner Craig
Johnson said.
Johnson�s company, Customer Growth Partners, analyzes all things retail.
He credits low unemployment and a booming stock market for this humbug-free holiday
season.
�The single biggest drive of retail sales is growth in real disposable income,� he
said.
�And when real income goes up, people have money in their pocket and they�re able to
spend it.�
The AP also cited Johnson about the sales boom and failed to mention Trump at all:
Experts have issued rosy forecasts for the season.
Shoppers seemed to be in the mood with unemployment at a 17-year low and consumer sentiment at
its highest level since 2000.
�Shoppers have been spending at a pace not seen since the Great Recession, says Craig
Johnson, president of retail consulting group Customer Growth Partners.�
Using a different source, the Wall Street Journal (also via Fox Business) reported sales
were up almost 5%, but did not mention Trump at all:
Retailers are enjoying some extra Christmas cheer.
Fueled by high consumer confidence and a robust job market, U.S. retail sales in the holiday
period rose at their best pace since 2011, according to Mastercard SpendingPulse, which
tracks both online and in-store spending.
Sales, excluding automobiles, rose 4.9% from Nov. 1 through Christmas, compared with a
3.7% gain in the same period last year, according to the Mastercard Inc. unit, which tracks
all forms of payment.
E-commerce continued to drive the gains, rising 18.1%.
�Unlike in past years, when spending was driven by high-income shoppers, this holiday
season a broader swath of the population opened their wallets, encouraged by rising wages
and low unemployment, analysts and economists said.
�Fewer people are living paycheck to paycheck,� said Chris Christopher, executive director
of economic-research firm IHS Markit.
�There is a lot more spending from the lower- and middle-income groups, while the upper-income
groups are splurging.�
The failure of the media to even mention President Trump�s policies as a factor in the record
holiday sales is yet another example of why his poll numbers are low.
In contrast the media gave former President Barack Obama credit for every meager sign
of growth such that it was lampooned by South Park in the Margaritaville episode about the
Great Recession (via Wikipedia):
In a scene resembling that of the Last Supper, Kyle and his friends go out for pizza where
he laments that he feels they will not be able to get together like this anymore because
he thinks one of his friends will betray him.
The next day, Kyle sets up a table with a credit card machine in the town and begins
�paying everybody�s debts� with his American Express Platinum Card.
Kyle�s mother begs him to stop because he will be in debt for life, but Kyle feels he
must to help everybody in the town.
After paying for the debts, he passes out and the people carry him to his bed.
Soon enough, the economy takes a turn for the better.
Malls and shops start opening again for business and the now debt free people start purchasing
again.
Randy is shown buying the new Margaritaville with a salsa despenser (�You pour salsa
into the top, and then it despenses out the bottom!�).
The news acknowledges President Barack Obama for the sacrifices he made and credits him
for bringing these improvements in the economy leaving Kyle infuriated shouting �Come on!�.
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