It's happening. Middle America is cutting back. Beer sales are down: [View All]

[The Backlash Cometh]

What have we been saying? You outsource the jobs and people here in America will lose their disposable income and stop buying goods in America. Here's proof that it is beginning:


Anheuser-Busch 4Q Earnings Drop to $201M By CHRISTOPHER LEONARD, AP Business Writer
Wed Feb 1, 6:43 PM ET

ST. LOUIS - Beer drinkers will have to pay more for Budweiser this year after Anheuser-Busch Cos. Inc., the nation's biggest brewer, said Wednesday its fourth-quarter profit plunged 39.5 percent from a year ago.

The maker of Budweiser, Bud Light and other beers earned $201 million, or 26 cents per share, for the period ending Dec. 31, down from $332 million, or 42 cents per share, a year earlier.

In the wake of those lackluster results, the company plans to boost profit by raising prices in 2006. Chief Financial Officer Randolph Baker said Wednesday price increases started in selected markets this month, with a jump of 2 percent to 3 percent to be initiated nationwide by year's end.

In an unusual move, Baker declined to predict how much beer the company will sell this year, indicating uncertainty about the industry's future performance overall.


http://news.yahoo.com/s/ap/20060201/ap_on_bi_ge/earns_anheuser_busch;_ylt=AuAmwK_MM2UCzu2X0agjnoqyBhIF;_ylu=X3oDMTA5aHJvMDdwBHNlYwN5bmNhdA--