Posted on 09/08/2012 3:26:24 AM PDT by Kaslin
I can’t tolerate obamanomics but i’ll say this. there are structural issues out there. he should have as well as others addressed them. the incentives are to not hire. period. all the shuffling around of money is meaningless. why hire? does it move up a stock price? is demand there? why not manufacture overseas. its cheaper. its whats happening. these are the issues. not how much money is in the system.
They will end up calling it the BUSH INDEX.
Only Obama could preside over an economy with so much money that has produced so little return as our economy has since January 2009.
Never in the annals of human history have so many dollars done so little for so many.
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Yes, obama had alot of money to fritter away. Fact is, he only used it to appease his donors and cronies. Obama makes Carter look like Ebenezer Scrooge.
Very interesting source, but that inflation index is dated April 2011, and I don’t think is being updated- I might be wrong abvout that. Still a very interesting site. Thanks.
“As a Federally Funded Community Organizer his financial management has been defined as spending every dollar he has been given. Failure to do so means less money in the next gift from the Federal Government.”
Actually I think the “real” unemployment rate is 14.7%, not 14.2%.
I'm not lifting a finger (either on consumption beyond the minimum or on getting a job again) till Zer0 is gone.
Did someone say “unprecedented?”
The most “unprecedented” pRESIDENT in history.
Take the Jimmuh Carter misery index and raise it to the 3rd power.
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