There are dozens of potentially massive threats that could easily push the U.S. economy over the edge during the next 12 months. A war in the Middle East, a financial collapse in Europe, a major derivatives crisis or a horrific natural disaster could all change our economic situation very rapidly.
Post Tagged with: "unemployment"
Like the Price of Gas? Just Wait! (He can’t wait)
Obama’s Green Regime has done everything it can to retard domestic fossil fuel production. … as the administration puts every road-block in the way of domestic fossil fuel product, it lavishes millions of taxpayer bucks on corrupt, inefficient “green energy” companies. … “you ain’t seen nothing yet!” – American Thinker
Fed Chair: “Massive fiscal cliff”
Obama’s rose colored campaign lenses could be referred to as outright lies. Fed chairman Ben Bernanke warns that we are headed for a fiscal disaster. Meanwhile our campaigner in chief continues spending the US into bankruptcy and taxing our economy into an “economic 9/11.”
Expensive Green Energy Destroys Jobs, While Cheap Shale Gas Creates Jobs
“When is a job not a job? Answer: when it is a green job. Jobs in an industry that raises the price of energy effectively destroy jobs elsewhere; jobs in an industry that cuts the cost of energy create extra jobs elsewhere.”
Chu on this – Obama administration doesn’t care about high gas prices
Obama’s anti-energy secretary who is infamous for saying we need higher gas prices like those in Europe doubled down on his goals of using less oil not lowering gas prices. When asked if the goal was to lower gas prices he said “No.”
Today’s Reckless Spenders Enslave Future Generations
Liable for the biggest chunk of the debt are children being born today. According to the Senate Budget Committee, each member of this group, which employs no lobbyists, already owes $1.53 million in federal debt. – IBD
The Corruption of America
A MUST read: [W]hat do the Democrats do with this power? They push a form of American socialism. This political system features transfer payments, government jobs, and lucrative government contracts to voters in exchange for political support – and in many cases, outright bribes. They do all of these things under the cover of “progressive” politics and “social justice.”
The Real Boom is in Traditional Energy, Not “Green Jobs”
Its 3.3 percent unemployment rate is the lowest of any state, according to the Bureau of Labor Statistics. North Dakota also boasts a state budget surplus of $1 billion. Compare these figures with California’s 11.1 percent unemployment rate—second highest in the country—and a likely $13 billion budget deficit in the coming fiscal year.. – City Journal
Disability Fraud Holds Down Unemployment Rate; Jobless Disability Claims Hit Record $200B in January
Is there anyone who thinks disability fraud is less than 10%? If not, then the unemployment rate would be at least 9.9% assuming those in fraudulent claims started looking for work.
We Told You They Are Lying about Unemployment
We’ve been reporting the truth for weeks. Fox News anchors Lou Dobbs and Megyn Kelly seem genuinely shocked that the administration would hide the facts on unemployment in a holiday weekend Friday night document dump.