“Since taking office, Obama has invested billions of taxpayer dollars in private businesses [mostly in renewable energy companies], including as part of his stimulus spending bill. Many of those investments have turned out to be unmitigated disasters — leaving in their wake bankruptcies, layoffs, criminal investigations and taxpayers on the hook for billions.”
Archive for Category: "Economy"
Obama’s Black Friday
[L]ast Friday was Black Friday because the U.S. Department of Labor announced that only 69,000 jobs were added in May, well below expectations that it might reach 150,000. The official unemployment rate ticked up to 8.2 percent, but it is actually far closer to 15 percent.
New job numbers “pathetic” – trouble for anti-jobs president
Unemployment rises in Obama’s “jobs focused” recovery as market drops. We have been warning that Obama’s policies, what he is actually DOING, show that he is ANTI jobs no matter how much he TALKS about creating jobs.
Venture Socialist Obama Transforming America
What we are experiencing today is not normal change. This is a top down revolution that is designed to transform America into a social democracy.
Economy tanking under Obama
The massive deficit spending agenda is bearing its rotten fruit. Even Obama’s propaganda media can’t prop up this puppet. Can we afford four more years of economic suicide? Down, down, down go employment, growth and job creation. Up, up, up go unemployment claims, spending and debt.
America’s actual health and welfare crisis is caused by the government
The cumulative effect is that families have even less money to buy food, pay the rent or mortgage, repair the car or house, save for college and retirement, take a vacation – and keep people comfortable (and alive) on frigid winter nights and sweltering summer afternoons. Workers lose jobs. Health and welfare, family relationships, future prospects and psychological well-being plummet. Because they spend the highest proportion of their incomes on energy, poor and minority families suffer disproportionately.
Ten Ways The US Is Worse Than It Was In 1947
The US Government and the US dollar are in its death throes. There is really only one thing left that can be done to stave off the funeral for a few more years… and that is to begin to leach off of the citizenry until everyone is sucked dry. What’s that mean? Taxes, taxes, and more taxes. 2012 and 2013 will be remembered in the US as the years of the tax hike.
Another Obama investment goes bad – loses jobs
After blowing $200 million of taxpayer dollars as part of Obama’s great green hope, electric car make Fiskar balks at building a plant in the US and threatens that if it doesn’t keep getting government funding it will go elsewhere. Another great example of Obama’s “public equity” disasters. Can we afford four more years of economic suicide?
Eurozone Retail Sales Crash: Record Declines in France and Italy, Overall Revenues Drop at Near Record Pace
This should bury the notion the eurozone recession will be short and shallow.
3 Lies About Jobs and the Unemployment Rate
[P]oliticians are selectively quoting numbers that make it appear the economy is doing better than it really is. Here are some of the most popular lies-by-omission when talking about jobs and unemployment. – U.S. News