Obamaconomy!!!

asur said:
Obama's Change is bringing home real economic pain!

obama1yrinunemployment.jpg


Is this what America wants, no jobs?
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TRUTH CHECK::rolleyes:

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.

 
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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!!!

:cool:​

"The U.S. pay czar will slash the number of top General Motors Co executives who will receive base salaries of more than $500,000 this year.

Pay czar Kenneth Feinberg said he plans to release the 2010 compen$ation deci$ion$ next week on the five large U.S. companies that are under pay restrictions as part of their government bailouts."
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Gee.....I guess Lil' Dumbya forgot to penalize the SCREW-UPS that got the banking-bailout.

:rolleyes:​
 
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=
 
asur said:
The point is that new home sales remain at record-low levels for the second straight month.
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oooooooooooooooooooooooo.....the second straight month; no doubt the Apocalypse that "conservatives" warned-everyone-about....again.

:rolleyes:​
 
asur said:
Obama administration admits stimulus failed and unemployment will stay high for years.
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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!
 
Pidgey said:
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!
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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.
 
With all the people losing jobs under Obama you would think Obama
would try to create jobs. But no!

One has to realize the economy is in serious trouble now.

There is not enough money to pay for all of Obama's spending, even if he were to
raise taxes to a 100% level on the rich.
 
Pidgey said:
You'll love this one, from the Seattle Times, no less:

http://seattletimes.nwsource.com/html/dannywestneat/2011421840_danny24.html

Sure are lots of applications for the "Dog Kennel Assistant" (Pooper Scooper, lowest grade) and (my, oh, my!) what a large list of overqualified applicants we have!
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And this from that article...

Among the lowest-income — roughly the minimum-wage workers — unemployment nationwide is at true Depression-era levels of 20 to 30 percent, says a report last month by the Center for Labor Market Studies at Northeastern University. It's only 3 to 4 percent for those making $100,000 or more.

Here, this state's Employment Security Department says that between February 2009 and February 2010, two-thirds of all job losses came in just three areas that make up only one-quarter of the total jobs — construction, manufacturing and the hospitality industry (mostly entertainment and restaurants).

That what this recession has wrought — mainly an even greater widening of the gap between rich and poor than we had before — isn't getting more focus from the press and political leaders is a scandal, the Northeastern University economists suggest.[/QUOTE]
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If an R was in the WH the leftists would be going crazy over this, but since a D is there, all is fine. Oh....the hypocrisy of the left.

How do they live with themselves???
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and this...


Medtronic has just announced that the new Obamacare taxes on its products could force it to lay off 1,000 workers.

Well, U.S. corporations that are able to do so will get out of their prescription drug plans and toss their retirees onto the Medicare pile. So far, just three companies - John Deere & Co., Caterpillar and Valero Energy Corp. - have calculated that the loss of the deduction will add a combined $265 million to their costs. An additional 3,500 businesses presently claim the break.
http://www.washingtontimes.com/news...m_campaign=newsletter_must-read-stories-today
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