economy is worse

well, some claim all I predict is gloom and doom, want drama from sad events, but the news is very bad. Turns out the economy is worse than predicted, much worse. Many retail owners are hanging by a thread. Yesterday one retail person told me that he is planning to close down his store. He cannot pay the rent and business is slow.

The one good news is that gasoline is cheap, now under a buck and a half per gallon. This means more money in the pocket of consumers, but it will not last long, the future price of fuel is up.