US Action News

Because of President Obama’s reckless economic policies — out-of-control spending, a regulatory surge, the threat of a trillion-dollar tax hike, ObamaCare and $5 trillion in new debt — we’re in deep trouble. – IBD

Unemployment claims jump again showing a continuation of Obama’s failed jobs policies and record spending. Wall Street and banks thrive on Federal Reserve action of creating more money out of thin air. The Fed’s policies have wiped out income from retirement accounts and savings. Gas and grocery prices continue to rise despite the government insistence that there is no inflation. Lower incomes, more in poverty, more inequality, more government dependence all show Obama’s policies are destroying the middle class. Can we afford four more years of national suicide?

There is not a chance in hell that younger workers are going to prosper looking at this chart. As a result, future tax revenues will be less than planned. The economy will lag well below potential. – Bruce Kasting

The only reason the unemployment rate edged down slightly in August was that fewer people looked for work and thus no longer count as unemployed. … we are in the slowest recovery in 70 years, and job creation has not recovered since the recession began in 2007.

Lowest percentage of Americans working in a generation. Can we afford four more years of Obama’s economic suicide?

We all need to get mentally, emotionally and spiritually prepared for what is ahead.

As Fed’s two previous QE’s have demonstrated, due to the structure of current global banking and financial system, QE has only mostly benefited banks to hoard cheap capital from the government to speculate in commodities and stocks to get better returns, rather than circulating and lending to business and consumers like banks are supposed to.

Not only is the unemployment rate artificially low, but it is no longer falling. And since it has stalled, we had three anemic retail sales reports followed by a reported rise last month.

195,000 fewer Americans were working in July than in June. But somehow that works out to “163,000 new jobs” in July.

Obama set a record for president’s time spent playing golf while claiming his economic plan worked. WTH? The “jobs focus” of Obama’s policies are bearing fruit. They’re ruining the economy! Can we afford four more years of economic suicide?