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08-29-2009, 01:35 AM #1
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Davidowitz: Obama Destroying Our Standard of Living
Davidowitz: Obama Destroying Our Standard of Living
Friday, August 28, 2009 11:50 AM
By: Forrest Jones
President Barrack Obama's announcement that the budget deficit could swell to $9 trillion over the next decade — $2 trillion more than previously announced — means the end of the standard of living to which U.S. consumers are accustomed, says Howard Davidowitz, head of Davidowitz & Associates, a retail consultancy and investment bank.
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