U.S. retailers are facing a somber holiday season, thanks to the shutdown

  • Article by: Tiffany Hsu , Los Angeles Times
  • Updated: October 17, 2013 - 10:50 PM

Shoppers were pulling back even before the government shutdown, and new surveys indicate that holiday sales won’t match last year.

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jd55604Oct. 17, 13 9:58 PM

Robust Holiday sales are tied to massive government spending? Who knew?

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holstjOct. 17, 1310:59 PM

Huh? All federal emps will get back pay so no income loss. Retailers and most business say the same thing I tell every guy who is planning to get married... set low expectations early.

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texas_technomanOct. 18, 13 6:36 AM

And the shutdown took a half a point off 4Q GDP...the thousands of government contractors (remember we have been "privatizing" many government functions since 2000....those folks who were laid off will not be getting back pay...and not spending the two weeks without pay for holiday gifts...so no snarky comments about federal employees please.

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mauianOct. 18, 13 1:39 PM

Go ahead and blame the shutdown. That's what we do best in this country: the blame game. Lets just ignore that millions have lost their jobs and the vast majority of new jobs are low wage/part time employment. Blaming the shutdown is so much sexier. It's as if they honestly think we are just stupid. The multi-national corporations (think WalMart) have molded the US into this economic nightmare via lobbying Congress for outsourcing, tax breaks, etc. More than half (53%) of all low income workers at WalMart and fast food sector employees get some form of government assistance to survive. Those low prices they advertise aren't really as low as they want you to think. I hope they enjoy sleeping in the beds they have made.

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theagonybhoOct. 18, 1310:24 PM

What an absolute crock, i knew the shutdown would be blamed for everything from the flu to sunspots. Just so were clear retail was down all summer and back to school sales were weak. The economy is to blame for any weak retail numbers.

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