Do you really believe those fudged numbers issued by the Fed? Purchasing power in in the hands of the middle class is nonexistent, especially if they own homes in oil heat dependent NorthEast. You probably know that Saks, Nordstroms Tiffany and other high end retailers are the only ones showing significant sales growth. Costco. Walmart, Target, Home Depot, Lowes etc, catering to middle class are scratching around to make 2 or 3 % revenue increments. And what is the typ[ical hourly wage of workers today compared with seven years ago? It is lower than it was and provides fewer job benefits. Fed must get real and cut 50 basis points in April.