Posted on 03/01/2013 6:12:48 AM PST by safetysign
.....To THEM.
That's the problem. These people don't care how many other people suffer. As long as they get theirs, they're fine with it. A check could be as low as one dollar, and they'll still rape and plunder other people to get their hands on it.
Notice they're not mentioning the out of control costs of obomacare. It's already bleeding the population dry, and it isn't even mentioned! Imagine how bad those "tweaked" numbers would be if the cost of obomacare was added to them.
With all that money printing and a population begging government for food as much as the Great Depression, they're not even close to telling us how bad the economy really is.
The money printing is driving us into a bond crash. Student loans aren't being paid because there are no jobs. Another housing crash is inevitable because the democrats Reinvestment Act is still on the books.
Unemployment can go no where but up. No jobs = no expendable cash. No cash = no buying. No buying = no producing. No producing = more layoffs.
The only way to save the economy is to slash the size of government in half and give the American people their money back. It worked in the 1920 depression, and it'll work now.
For once in his deplorable life, ZerO should resign for the sake of the country.
So if we drive less, eat less food and keep our thermostats a 65 we'll all feel richer! Reminds me of Jimmah telling everyone to wear a sweater and put a brick in their toilet tank.
Could be used as an argument that things got so good under Bush that there is still a little money left to spend despite the atrocities of the last 5 years........Of course it might also be a sign of despondency and demoralization as folks under Zero have just given up any hope of salvaging a future...
The reason why we're suffering is simply because government is taking more resources from the private, or freely trading, sector. Command economies, like the government, are horribly inefficient, meaning that they generally don't fill the wants of the people that they supposedly serve. They serve themselves first.
Headline on AOL: "What is the dreaded sequester?"
Freakin' useful idiots.
impeach this piece of crap Obama
This is with technology increasing exponentially in the PRIVATE sector. Even with this incomes are declining while food and gasoline prices rise.
He considers an economic crash to be "social justice." The radicals on the left believe an economic crash would level the playing field, so the poor will have an equal chance to get ahead.
Liberals have no foresight, which is why everything they do ends in disaster. People are poor because they chose to screw up their lives and believe it's everyone elses fault, so they'll continue to do it. People are poor because they're lazy. They believe everyone else should work to care for them, so they'll continue to be lazy. The productive, who believe they should work and care for themselves will continue to be productive and care for themselves.
In the end, the country will be rebuilt, and the freeloading democrats will still be beggars. The productive right will continue to be productive and prosper. All the suffering caused by the radical left will have been in vain, because character matters. They're forgetting about that part.
You just aptly described the FDR admin.
We are living through another dimrat induced depression while the media then and now just can’t see any of the forest for all those trees in the way.
I dunno.
I think we are at various spots on the performance curve, observationally.
I’m not debating China has been a boom for itself and to a lesser extent America - except in the way China’s boom has benefitted principally China.
Only. That is what I do not believe any of us has come to terms with yet. China is now winning.
They have the world’s largest export engine, and are in our markets completely freely.
Playing the Chinese market as their own market.
This is rigged. China plays China’s market as China’s. China plays everyone else’s market as the room for competition.
We treat our own market as the rooms for competition.
This is a huge difference.
I believe it is time to begin designing a market protection device of some sort.
We are doing it all wrong.
(IMO)
Or it could be a sign that people are converting soon-to-be-worthless currency into harder assets.
Do you mean the giant defibrillator they call "QE1", "QE2", "QE3"...?
2013-1959=54 (years) Way to go, Obama! [Do I really need a sarcasm tag?]
Excluding food and energy costs, prices climbed 1.3 percent in January from the same month in 2012, the smallest year-to- year gain since April 2011.
How convenient! Unfortunately, those of us living in reality can't just exclude food and energy costs from our budget. I wonder what the percentage increase would be if they included food and energy costs.
The Labor Department uses the ‘Consumer Price Index’ to measure inflation which excludes food and energy. But somehow falling energy prices are a factor for curbing inflation.
Am I missing something?
I'm also sure the Administration has been issuing Woodward-style threats to agencies who know the truth - keep your language vague and mild, or else.
Obama voters will be the hardest hit from Obama theft from Medicare.
” The most salient fact is that, to pass Obamacare, the president cut Medicare by more than $700 billion over the coming decade, according to the Congressional Budget Office (CBO). And these cuts are of the worst kind. They are arbitrary and across the board. They reduce reimbursement rates for all who provide services to Medicare patients, regardless of how well or badly they treat their patients. Among the cuts is a $156 billion reduction in payments to Medicare Advantage plans over ten years. These cuts will force seniors to pay $3,700 more for their health care by 2017, “
Insurers: Cuts to Medicare Advantage will hit poor, minorities
By Sam Baker - 02/21/13 12:28 PM ET
Cuts to Medicare Advantage will disproportionately hurt poor seniors and minorities, the health insurance industry said Thursday.
America’s Health Insurance Plans (AHIP) has pushed back hard against a proposed cut to private Medicare Advantage plans. The Obama administration proposed the 2 percent cut late last week.
AHIP argued Thursday that Medicare Advantage isn’t only popular with seniors, but especially with low-income and minority seniors.
“Medicare Advantage is a lifeline for millions of low-income and minority Medicare beneficiaries who rely on the high-quality coverage and innovative programs and services these plans provide,” AHIP President and CEO Karen Ignagni said in a statement.
Private Medicare Advantage plans are more popular among black and Hispanic seniors than they are overall among seniors, according to AHIP’s report.
AHIP also said 41 percent of Medicare Advantage recipients have an annual income of less than $20,000, compared with 37 percent of all Medicare beneficiaries.
To paraphrase Ronald Reagan when talking about Jimmy Carter:
A recession is when your neighbor loses his job,
A depression is when you lose your job,
A recovery is when Barack Obama loses his.
Those are ships!
They need to call it what it is: intentional devaluation of currency. At least the UK had the honesty to call a spade a spade in the 60s and 70s!
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