Tag Archive: Obamanomics


Courtesy Of Rightwing Art

 

 

 

 

 

 

 

While we are unfamiliar with Theodore Geisel’s politics and have no idea if he would have approved we couldn’t resist passing this along from … 100 Percent FED Up

 

New U.S. Jobless Claims Climb 20,000 To 362,000

 

 

 

” Yet economists caution that claims could get whipsawed again, as they often do, if Washington proceeds with a so-called sequester that requires the federal government to cut as much as $85 billion in spending in the next six months. That could result in workers being temporarily furloughed or laid off, making them eligible for jobless benefits.

The monthly average of jobless claims, a more accurate number that smooths out weekly volatility, rose by 8,000 to 360,750. That’s the highest level since the first week of January

In the week ended Feb. 9, meanwhile, continuing claims increased by 11,000 to a seasonally adjusted 3.15 million.”

  Mort Zuckerman on the sorry economic state of affairs in the age of “hope & change”

  “It’s time to adjust the gambit that
people in all situations commonly use when reporting results to a supervisor: What do you want first, the good news or the bad? The formula that more aptly applies to the latest indicator of America’s economic predicament is: What do you want first, the bad news or the even worse news? “

Via Gatewaypundit

” Even top Democrats admit Barack Obama’s economic policies failed. Rep. Henry Waxman(D-CA) told CSPAN today,

“The economy has not recovered… I think
it’s a depression.” ”

   In this bizarre world of Obama we find ourselves once again in a ” if pigs could fly ” moment …. We are in substantial agreement with another hardline liberal , Henry Waxman .