Obamaconomy!!!

Just more proof - Obama Polices are No Good

March 11, 2010

What's moving the market: Prices drifted lower on Thursday, after the government's initial jobless claims report showed higher continuing claims, which rose to nearly 4.56 million in the week ended Feb. 27, the most recent data available. That's up 37,000 from an upwardly revised 4.52 million the week prior.

http://money.cnn.com/2010/03/11/markets/oil/?postversion=2010031112

Obama must hate jobs!

The Washington Post
By Neil Irwin
Saturday, March 6, 2010

A few feet of snow in February was not enough to impede the steady healing of the job market, according to data released Friday that showed the U.S. economy's tepid recovery remained on track.

The Labor Department reported that the nation shed 36,000 jobs and the unemployment rate held steady at 9.7 percent, figures that surpassed many forecasters' expectations. Some economists had predicted that last month's snowstorms would boost the jobless rate and create job losses in the six figures.

The better-than-expected numbers helped lift the stock market, with the Standard & Poor's 500-stock index rising 1.4 percent to its highest level since mid-January. Combined with other strong economic indicators released this week -- improved results in a key survey of service businesses, for example, and a drop in new claims for jobless benefits -- Friday's unemployment numbers dispelled some doubts about whether the expansion has continued through the winter. The economy appears to be set to continue growing through 2010, although too haltingly to create any dramatic decline in unemployment, economists said.

"Through snowstorms and everything else, we're still on track for this moderate, half-speed recovery," said Stuart G. Hoffman, chief economist at PNC Financial Services Group.

The good news is that things are looking a bit better for coming months. March employment results should be significantly stronger, as people who could not report to work during the snowstorms in the second week of February reappear on employers' payrolls and hiring for the once-a-decade census ramps up.

And the underlying labor market trend might be starting to improve, even apart from those one-time adjustments in March. For example, Monster Worldwide, the job search company, prepares an index of placements of online recruitment ads at its Web sites and those of competitors. That index rose 2 percent in February compared with a year earlier, the first gain since the end of 2007. The index tends to presage hiring by about two months.

"It's still relatively weak compared to the peaks we saw in the mid-2000s," said Jesse Harriott, chief knowledge officer at Monster. "But it's definitely a trend reversal, not just a one-month tick."

Similarly, the Labor Department report showed that the nation added 48,000 temporary jobs in February, the fourth straight month of gains. Companies frequently add temps when they see increased demand, then add permanent employees later if demand for their products continues.

Obama's Change is bringing home real economic pain!



Is this what America wants, no jobs?

"....a very happy place.", by July.

Watch & learn.......

O-BA-MA!!! O-BA-MA!!! O-BA-MA!!! O-BA-MA!!!

Real jobs are not coming back. We are still losing jobs today March 11, 2010 and
you might not know it. Dems are distorting the facts here.

Senate Majority Leader Harry Reid stated in on the Senate floor, "Today is a big day in America. Only 36,000 people lost their jobs today, which is really good."

Why? Is BO going to resign?

TRUTH CHECK:

The last 4 months of the REPUBLICAN Bush/Cheney administration the United States lost 750,000 per month.

The last 4 months of the Democrats and the Obama administration the United States has reduced that Republican number to only 26,000 per month.

We won't be satisfied until ever American who wants a job can get it, but to stick your head in the sand and say 26,000 is worse than 750,000 explains part of the problem... Republicants just ain't all that good at honesty nor math.

OK I'll admit it... not all Republicans have their heads completely buried in the sand.

What's REALLY amusing, is....watching The President RUBBING REPUBLICANS' COLLECTIVE-NOSES IN THEIR EMPLOYMENT-FAILURES (@ 23:15) !!!!!!!!!!!

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Obama administration admits stimulus failed and unemployment will stay high
for years.

http://www.dailyfinance.com/story/geithner-warns-unemployment-will-stay-high-in-2010/19401773/

Didn't Obama promise us the jobs would come back?

More proof jobs aren't coming back and it's permanent unemployment for people
under Obama:

3/18/2010 news:

The four-week average of jobless claims, which smooths out volatility, dropped to 471,250. Still, the average has risen by 30,000 since the start of this year. That's raised concerns among economists that persistent unemployment could weaken the recovery.

The average number of weekly jobless claims remains above the 400,000-to-425,000 level that many economists say it must fall below before widespread new hiring is likely.

Q: How do you like my change Obama asked the sheeple?

A: It stinks!

Looks like there'll be some DIETARY CHANGE$ for the PIGS at The Trough!!!

Gee.....I guess Lil' Dumbya forgot to penalize the SCREW-UPS that got the banking-bailout.

Obama's Chickens Come Home to Roost
March 24, 2010

New Home Sales dropped to an all time record low in February, down 2.2% on the month to a seasonally adjusted annual rate of 308,000.

The point is that new home sales remain at record-low levels for the second straight month. We are talking about data that goes all the way back to 1963, when the population was far smaller, and we are well below the level of new home sales way back then.

We also were not recklessly spending oodles of Taxpayer dollars back then to get such
Obama or Poor results in Home Sales.

Obama's Change just stinks!




http://finance.yahoo.com/news/New-H...1.html?x=0&sec=topStories&pos=8&asset=&ccode=

oooooooooooooooooooooooo.....the second straight month; no doubt the Apocalypse that "conservatives" warned-everyone-about....again.

Did I just imagine hearing that the we would reopen closed factories, hire people and start some "Made In USA" stuff?

Did I just imagine that we would stop importing products from China (which are inferior to our standards) and make it here?

Did I just imagine that we were going to quit "oursourcing" our jobs to other countries and hire people here to do it?

I have not heard ANYTHING to this effect on his list of "Things To Do". It's like looking out a dirty window on a cloudy day.

Well... to be fair, how does one actually DO that? For a factory, for instance, to work economically, there has to be a confluence of energy, materials, labor, tooling, sufficient efficiency and a market. While the typical stated belief is that companies "offshore" in order to make EVEN GREATER PROFITS, the standard reality is that they're getting close to losing money and "offshore" in order to remain "a going concern" by way of cheaper labor costs, or access to less expensive materials, energy, taxes...

Another deadly factor that's recently played out is that the ability to make purchases has gotten terribly cramped due to the accumulation of so much debt on the part of consumers. Now the aggregate debt service is so great that it's just getting plum difficult for enough to people to purchase enough products to keep the economy as a whole afloat. That's NOT just a local phenomenon, by the way--it's d@mn near global. The spirit is willing, but the pocketbook is weak!

I think that's the point.
He can't make any of that happen, but he likes talking about it as if he could or would.

Look at it this way. As long as people are desperate and getting handouts, they will be dependent on the government, which gives them power and helps keep them in office.

So the more dire the country gets, the better for the one's who say they will fix it and make it all better.