Skip to comments.July Unemployment: Ben & Barack Poison the Economy
Posted on 08/05/2013 7:16:10 AM PDT by SeekAndFindEdited on 08/05/2013 7:16:44 AM PDT by Admin Moderator. [history]
The July "Employment Situation" report that came out on Friday provided evidence that our economy is being poisoned by the monetary machinations of Federal Reserve Chairman Ben Bernanke and the tax and regulatory depredations of President Obama.
Free-market economies have a natural tendency to grow and thrive. If left alone, they will recover. That the U.S. economy is as sick as it is today, more than four years into Obama's so-called "recovery," suggests that economic foul play is at work.
(Excerpt) Read more at realclearmarkets.com ...
What I don’t understand is why the markets continue to swallow this unlimited gusher of Baraqqi/Bernanke/Lew minibucks without raising interest rates to realistic levels.
Baraq, Ben, and Timmy were able to purchase the 2012 election doing this to fund entitlements.
It almost seems as if this country is being trashed by running up big debts, driving off capital and labor, onerous regulations, unpredictable interpretation and enforcement of laws.
The final piece will be when Obama says, "We have tried free markets and capitalism and they don't work."