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Obama’s Killer Economy (fueling suicide)
Investor’s Business Daily ^ | 04/26/2016 | Betsey McCaughey

Posted on 05/04/2016 7:38:53 AM PDT by Olog-hai

Middle-aged people laid off and unable to find work are taking another way out. They’re killing themselves.

Suicide rates are soaring, according to federal data released last week. Especially in economically depressed states and job-starved regions like upstate New York. People in need of work are twice as likely to take their own lives as employed people, and people fired in their forties and fifties find it hardest to get hired again. […]

… The Obama economy is stalled. It grew at a measly 0.7% annualized rate in the first quarter of this year. That’s compared with the 3.5% rate the U.S. enjoyed for most of the 20th century. That’s the growth needed to sustain employment and optimism. …

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


TOPICS: Business/Economy; Health/Medicine; Local News; Society
KEYWORDS: economy; middleage; obama; obamanation; suicide
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1 posted on 05/04/2016 7:38:53 AM PDT by Olog-hai
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To: Olog-hai

It’s not just the economy - it’s the contempt elites feel for those living in flyover.


2 posted on 05/04/2016 7:41:21 AM PDT by GOPJ (Imagine the shrieking MSM outrage if Trump supporters had tried to flip a car... David French)
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To: Olog-hai

“Especially in economically depressed states and job-starved regions like upstate New York.”

And thanks to Gov. Cueball permanently banning fracking, it will stay that way.


3 posted on 05/04/2016 7:41:42 AM PDT by headstamp 2 (Fear is the mind killer.)
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To: Olog-hai

4 posted on 05/04/2016 7:42:18 AM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: BenLurkin

Marxism’s natural results are death and destruction.


5 posted on 05/04/2016 7:45:47 AM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: Olog-hai
'The proof is in the pudding'. 0dunga's plan from day one was to undermine the middle class to make way for the lower class to dominate the American landscape. Almost ALL new jobs created since his taking office have been menial labor jobs. So, WHY did he focus so intently on nationalized health care from day one, and not jobs? Because he knew people would have no health insurance once he started KILLING MIDDLE CLASS JOBS ON PURPOSE.

CLOWARD & PIVEN, TOO! Bringing America to its knees in his view, right where it belongs.

6 posted on 05/04/2016 7:52:10 AM PDT by CivilWarBrewing
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To: Olog-hai

It’s tough out there.

Officially, Obama tells us the economy is fine, unemployment is at 5%, yadda, yadda, yadda. Officially, Obama and his boys tell us that the economy is doing so well, but people’s experiences tell a different story.

Slightly off topic, but Hillary has said she has all these plans to help coal country, and even as a senator had all these plans for economic development in upstate New York.

Anybody believe that the policies of a president Hillary will help these economically depressed regions????

I am frustrated at the media for some things in this regard:

1. The media have not focused on the economic problems of this country during the Obama era.

2. The media have not told us that the Obamabots have changed the way key indicators such as the unemployment rate are calculated. So officially unemployment appears to be lower than it was in years past.

3. The media do not report certain facts at all, such as how the labor force participation rate has sunk to historic lows during the Obama era.

4. In spite of the quantatitive easing policies of the Fed, in which trillions of dollars are pumped into the economy, we see little inflation, which indicates a sluggish economy. The media don’t report this either.

I predict the media will change their reporting if Trump is elected. The media and Democrats will all of a sudden discover all these underlying economic problems, and then blame the Trump administration for not solving them pronto.


7 posted on 05/04/2016 7:52:51 AM PDT by Dilbert San Diego
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To: Olog-hai

Old white guys sticking a gun in their mouth concerns Barry not in the least.


8 posted on 05/04/2016 7:55:58 AM PDT by MileHi (Liberalism is an ideology of parasites, hypocrites, grievance mongers, victims, and control freaks.)
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To: GOPJ

We need to do just ONE thing to improve the economy: Apply more liberty. The Trump Administration and the Republican Congress will have a historic opportunity to undo 100 years of liberal treachery and make America great again. We need to repeal not just Obamacare, but the New Deal and the “progressive” agenda doing back to liberal Teddy Roosevelt. If we don’t America will be left behind.

Eliminating the minimum wage would be a good first step. It would bring millions of jobs flooding back in. But to make it work, we have to re-think things a lot. We have to separate what people REALLY NEED and what they merely want and create a situation in which low-wage workers can survive.

China and other countries can undercut us because their economies are SET UP to accommodate low-wages. They don’t have all the regulations and building codes that make live so EXPENSIVE in the coddled, entitled Western world.

People in some parts of the world live on $1 or $2 per day, yet they don’t starve. How do they do it? First, they don’t feel entitled, so they don’t expect as much. Second, they can and do get housing and food they can afford. That stuff doesn’t meet “modern Western standards,” but guess what... they survive just fine.

What’s wrong with an outhouse if you can’t afford a house with a septic tank? It works. But the almighty government won’t let you have it. Want a car without airbags or nonsense emissions controls? Sorry, not allowed. Oh, and all your food need expensive government controls, too. So you “need” $15 an hour or more to live here.

That’s why job creators prefer to open up in places with a more business-friendly environment. We need to change all that and make the US competitive again.


9 posted on 05/04/2016 7:58:19 AM PDT by GodAndCountryFirst
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To: GodAndCountryFirst

China undercuts the USA on corporate taxation and regulation, but it’s a means to an end. They would engage in progressive taxation with a vengeance if communism were the only game in town.


10 posted on 05/04/2016 8:08:33 AM PDT by Olog-hai
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To: GodAndCountryFirst
We need to change all that and make the US competitive again.

We need to gut the tax code, lower taxes for EVERYBODY and abolish the IRS.

That will immediately jump start the economy.

11 posted on 05/04/2016 8:14:56 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: GodAndCountryFirst
People in some parts of the world live on $1 or $2 per day, yet they don’t starve.

NO. No. No. That's not our goal - we don't want to be a third world hellhole. There's something in-between a punitive hellhole and a liberal welfare state that kills initiative. Life's a spiritual journey...we're looking for the right path.

12 posted on 05/04/2016 8:27:11 AM PDT by GOPJ (Imagine the shrieking MSM outrage if Trump supporters had tried to flip a car... David French)
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To: GOPJ

We don’t want to be a second-world hellhole either.


13 posted on 05/04/2016 8:31:23 AM PDT by Olog-hai
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To: Olog-hai

Our ‘elites’ sold us out to the Chinese... Remember how Hillary ‘forgot’ the guy?

http://www.nytimes.com/1997/08/22/opinion/the-white-house-turnstile.html


14 posted on 05/04/2016 8:41:21 AM PDT by GOPJ (Imagine the shrieking MSM outrage if Trump supporters had tried to flip a car... David French)
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To: Olog-hai
Que the song: A country boy will survive...Hank Williams

https://www.youtube.com/watch?v=3cQNkIrg-Tk

15 posted on 05/04/2016 8:49:38 AM PDT by spokeshave (Somewhere there is a ceiling for Trump.....Yeah, it's called The Oval Office)
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To: Olog-hai

“People don’t kill themselves because their neighbor has more money. They take their life when they can see no way to get a job, support their family and regain self-worth.”


16 posted on 05/04/2016 8:53:13 AM PDT by Canedawg (Make America Great Again)
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To: Canedawg

I hear that. Boy do I hear that.


17 posted on 05/04/2016 9:01:16 AM PDT by jmacusa ("Dats all I can stands 'cuz I can't stands no more!''-- Popeye The Sailorman.)
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To: BenLurkin

It’s going to get a lot worse before it gets better...if it ever does.

Obama voters were and are islamist facilitators.


18 posted on 05/04/2016 9:21:44 AM PDT by onedoug
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To: Olog-hai

When a society measures the value of human life in only dollars and things, life loses it value to the society in a bad economy. When we measure ourselves based on the amount of money we make and things we own; when we lose them, we see our lives as of no value. Globalism has turned people into meaningless widgets. When we lose our hope and trust in the power of God to help us when we are down, we feel hopeless and poor. Suicide is a permanent solution to a temporary problem.

We are not the things we own. We are not the money we make. We are children of God with tasks, attributes and value that can not be measured in material by us nor the sick society we live in.


19 posted on 05/04/2016 9:22:40 AM PDT by SaraJohnson
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To: Olog-hai

My husband is one of those statistics.

I have blamed the “Lyin’ King” since it happened.

I guess I am not alone.


20 posted on 05/04/2016 9:37:22 AM PDT by left that other site (You shall know the Truth, and The Truth Shall Set You Free.)
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