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OBAMA'S TRICKLE UP POVERTY AND THE FAILURE OF OBAMANOMICS
The Freedom Post ^ | June 6, 2009 | TheCapitalist

Posted on 06/06/2009 2:32:11 PM PDT by TheFreedomPoster

Obama's Trickle up poverty, also known as Obamanomics, has been an abysmal failure in only six months. So far, we've seen another two million jobs get stimulated up in smoke, two major bailed out car companies file for bankruptcy in spite of receiving billions in taxpayer welfare, and long-term interest rates in the bond markets almost double. Unemployment is now 9.4%, and growing. Mr. Obama's administration had projected a rate in the eights at this point.

(Excerpt) Read more at myfreedompost.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: economics; economy; keynesian; obamanomics

1 posted on 06/06/2009 2:32:12 PM PDT by TheFreedomPoster
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To: TheFreedomPoster

Trickle up poverty BTTT


2 posted on 06/06/2009 2:34:13 PM PDT by Cold Heart
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To: TheFreedomPoster

Quite the contrary, it appears Obama’s “trickle up poverty” is succeeding at a terrific rate.

hh


3 posted on 06/06/2009 2:34:58 PM PDT by hoosier hick ((I'm back to..) Note to RINOs: We need a choice, not an echo. (Barry Goldwater))
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To: TheFreedomPoster

The unemployment rate would probably be over 10 percent other than the fact that the federal government has increased it’s employee count significantly since Obama took over.


4 posted on 06/06/2009 2:35:58 PM PDT by Signalman
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To: TheFreedomPoster
Obama's Trickle up poverty, also known as Obamanomics, has been an abysmal failure in only six months. So far, we've seen another two million jobs get stimulated up in smoke, two major bailed out car companies file for bankruptcy in spite of receiving billions in taxpayer welfare, and long-term interest rates in the bond markets almost double. Unemployment is now 9.4%, and growing. Mr. Obama's administration had projected a rate in the eights at this point.

Actually, the policy of "trickle up poverty" is being proven a resounding success.

It's the kind of success and change they can keep.

THE AUDACITY OF TRUTH ABOUT BARACK HUSSEIN OBAMA

BARACK HUSSEIN OBAMA IN HIS OWN WORDS

NOW WE KNOW WHAT A COMMUNITY ORGANIZER DOES

OBAMA, THE STOCK MARKET, AND ENERGY

THE AUDACITY OF TRUTH ABOUT BARACK HUSSEIN OBAMA'S UPBRINGING

IT'S TIME FOR A RETURN TO THE OLD SCHOOL

5 posted on 06/06/2009 2:36:44 PM PDT by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
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To: Jeff Head

We just haven’t given it time to work yet. /s

Heard that line, its getting old.


6 posted on 06/06/2009 2:55:18 PM PDT by FreeSouthernAmerican (All we ask is to be let alone----Jefferson Davis)
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To: FreeSouthernAmerican
I submit that it is working and just the way they intend.

This is the fundamental change this abject marxist ideolog promised...and is now delviering.

7 posted on 06/06/2009 2:58:18 PM PDT by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
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To: Jeff Head

No doubt, I just hear that alot from the uninformed sheeple I know. I have no doubts as to what his goals and objectives are. Right you are.


8 posted on 06/06/2009 3:01:48 PM PDT by FreeSouthernAmerican (All we ask is to be let alone----Jefferson Davis)
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To: TheFreedomPoster

This is nothing to do with saving the economy. Two things going on here, interconnected.

Reparations. This money is overwhelmingly going to blacks, and black males.

Combine this with them deliberately tanking the economy on purpose, and you have the real plan of Obama. Can’t keep a crisis, can’t keep enough people dependent, if things get better.


9 posted on 06/06/2009 6:00:10 PM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: Bobkk47

True (sad) story.


10 posted on 06/06/2009 6:51:56 PM PDT by TheFreedomPoster
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