Matter - Antimatter Reaction

In his acceptance speech, aWol said that his tax cuts had created a strong economy. Anyone who actually reads the newspapers could only shake their heads at this remark. But an article in that ever-so-Liberal Wall Street Journal set my thinking straight on the issue.

Seems the tax cuts are working exactly as BushCo. wanted them to:

The back-to-school shopping season got off to a sluggish start, as midprice department stores, discounters and specialty-apparel retailers rung up disappointing sales in August, reinforcing concerns that consumers are feeling the effects of a shaky and uneven economic recovery.

Upscale shoppers helped luxury department-store chains post hefty gains. Moderate- and lower-income shoppers continued to feel the bite of higher gas and grocery bills and lackluster job growth.

So while you and I are struggling to fit ever more expensive gas and groceries into a budget that grows only on the expense side while the income side stagnates or shrinks, just what are those folks who actually benefited from the tax cuts doing with all that extra money?

Upscale department stores posted strong gains. Neiman Marcus Group Inc., Dallas, said same-store sales jumped 15% for its Neiman Marcus Stores and Bergdorf Goodman units combined, citing strength in designer handbags. Same-store sales at Nordstrom Inc., of Seattle, rose 7.2%, on brisk demand for accessories.