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Keyword: obamaeconomy

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  • Moving in with parents becomes more common for the middle-aged

    04/21/2014 2:30:54 PM PDT · by thackney · 56 replies
    Los Angeles Times ^ | April 20, 2014 | Walter Hamilton
    The number of Californians 50 to 64 who live in their parents' homes has surged in recent years, reflecting the grim economic aftermath of the Great Recession. Debbie Rohr lives with her husband and twin teenage sons in a well-tended three-bedroom home in Salinas. The ranch-style house has a spacious kitchen that looks out on a yard filled with rosebushes. It's a modest but comfortable house, the type that Rohr, 52, pictured for herself at this stage of life. She just never imagined that it would be her childhood home, a return to a bedroom where she once hung posters...
  • Top Socialist Economist Says He’s Been Working With Democrats & Obama “For A Long Time”

    04/18/2014 9:34:25 PM PDT · by 2ndDivisionVet · 30 replies
    Gateway Pundit ^ | April 18, 2014 | Patch W. Adams
    Have you ever wondered why the Obama Administration’s plans for improving the U.S. economy always seem to fall flat? It just might have something to do with the fact that the Obama Administration has been working with someone who doesn’t like capitalism. According to an article on France24.com, a well known economist who isn’t fond of capitalism, but promotes Socialism, has been working with the Democrats and the Obama Administration “for a long time”: In his latest book, French economist Thomas Piketty warns that modern-day capitalism leads to unsustainable levels of inequality. While he is often linked to France’s Socialist...
  • Help Sarah Palin and Jon Stewart Help Veterans

    04/07/2014 4:38:27 PM PDT · by smoothsailing · 14 replies
    Weekly Standard ^ | 4-7-2014 | Mark Hemingway
    Help Sarah Palin and Jon Stewart Help Veterans APR 7, 2014 • BY MARK HEMINGWAY As far as political odd couples go, it doesn't get any odder than Sarah Palin and Jon Stewart. However, the two have come together to help veterans and have cut an ad in support of ACP AdvisorNet, which helps vets get jobs. ACP AdvisorNet is an innovative idea -- it's a virtual community service opportunity to assist those who have served by connecting them with business leaders to help jump start their careers.And since it's National Volunteer Week, consider doing your own part to help. By...
  • Census office survey scandal grows as inflation stats faked

    03/27/2014 9:44:30 AM PDT · by lowbridge · 64 replies
    nypost.com ^ | march 26, 2014 | john crudele
    The Census Bureau’s Philadelphia office wasn’t just corrupting the nation’s unemployment rate by fabricating data. It was also filing false information about inflation in this country. Just how large an effect this fraud was having on the Consumer Price Index (CPI) — and consequently the cost of living adjustments for Social Security recipients and others — is not yet known.
  • Illinois layoffs: Employers warn of 1,000 layoffs in coming weeks

    03/09/2014 12:38:55 PM PDT · by FreeAtlanta · 26 replies
    CHICAGOTRIBUNE.COM ^ | 7:52 a.m. CST, March 7, 2014 | Alejandra Cancino
    <p>Illinois employers warned they would lay off more than 1,000 workers in the coming months, according to notices filed with Illinois regulators in February.</p> <p>Accretive Health warned it would lay off 148 workers. The company said in January the layoffs are part of a broader restructuring in which positions will be moved from Chicago to other cities to be closer to clients. Accretive said then the layoffs could affect as many as 170 workers. The company employs about 600 people in the region.</p>
  • Obama has given up seeking a solution to America's financial woes

    03/01/2014 11:05:44 AM PST · by Sub-Driver · 44 replies
    Obama has given up seeking a solution to America's financial woes American Way: After nearly six years of back-and-forth with Republicans over America's finances, Barack Obama has signaled that a deal is now beyond his grasp John Avlon 5:25PM GMT 01 Mar 2014 Without a bang or a whimper, all hopes of striking a so-called "Grand Bargain" to put America's public finances on a sustainable track died a quiet death this week. And because cynicism passes for wisdom in Washington, the passing was little lamented. But its death is a loss to the cause of putting America's house in order,...
  • American TV & Appliance closing all 11 stores; 989 will lose jobs

    02/17/2014 5:12:56 PM PST · by Graybeard58 · 27 replies
    TMC News ^ | February 17, 2014 | Not Attributed
    Doug Reuhl, president and CEO of American since 1988, blamed an unforgiving economy, especially over the past five years, for the closure and said the company would begin a going-out-of-business sale Thursday to liquidate its entire inventory of furniture, electronics and appliances. "While this is a sad moment, it is also a proud moment," Reuhl said in a news release. "It's a moment to be proud of our efforts and to be proud of what we have delivered to the community." A switchboard operator at American TV refused to answer additional questions Monday or transfer a reporter to anyone else,...
  • Democrat Logic: Lose Your Job and Feel Liberated

    02/08/2014 8:14:59 PM PST · by SeekAndFind · 21 replies
    American Thinker ^ | 02/08/2014 | Brian C Joondeph, MD
    This week, a report from the Congressional Budget Office acknowledged that ObamaCare would reduce full-time employment by 2.5 million over the next ten years. And that is on top of news that 92 million Americans who could be working are not. What a devastating assessment for the unemployed or underemployed, particular millenials seeking to transition from internships and part-time jobs to career-building full-time jobs. Yet the predictable spin from the White House and major media outlets is that this is good news, liberating workers from the chains of employment. To quote President Obama, from the 2008 campaign, "You can put...
  • Jobs Report Highlights Economic Problems In The Obama Economy

    02/08/2014 7:29:19 AM PST · by LD Jackson · 7 replies
    Political Realities ^ | 02/08/14 | LD Jackson
    Yes, this is the Obama economy. No matter how much Mr. "I'm the President" tries to deny it, he owns the economy in which we are living. The January jobs report was not a beacon of hope. In fact, it was really bad. The December jobs report was also in the tank. That makes two months in a row of very few jobs being created. Amazingly, the unemployment rate continues to tick down. We are being told it was because 115,000 unemployed workers found new jobs. What most of the media will not tell us is that 90,000 more unemployed...
  • Why stronger GDP growth isn't creating more jobs

    01/31/2014 7:14:17 AM PST · by SeekAndFind · 35 replies
    FORTUNE ^ | 01/30/2014 | By Stephen Gandel, senior editor
    The government said GDP rose 3.2% in the last three months of 2013 -- one of the fastest rates since the end of the recession, though slower than the third quarter's 4.1%. Still, that sounds good, until you remember this: Employers only added 74,000 jobs in December -- one of the worst months in nearly three years. Stronger economic growth is supposed to equal more jobs. So what gives? It does appear that the normal relationship between jobs and GDP has broken down. In the first half of 2013, for instance, GDP growth was at 1.9% and employers added an...
  • U.S. jobless claims rise more than expected

    01/30/2014 6:35:17 AM PST · by John W · 42 replies
    Reuters ^ | January 30, 2014 | Reuters
    Jan 30 (Reuters) - The number of Americans filing new claims for unemployment benefits rose more than expected last week, but the underlying trend suggested the labor market continued to heal. Initial claims for state unemployment benefits increased 19,000 to a seasonally adjusted 348,000, the Labor Department said on Thursday. Claims for the prior week were revised to show 3,000 more applications received than previously reported. Economists polled by Reuters had forecast first-time applications for jobless benefits rising to 330,000 in the week ended Jan. 25. The four-week moving average for new claims, considered a better measure of underlying labor...
  • Wall Street advisor: Actual unemployment is 37.2%, 'misery index' worst in 40 years

    01/21/2014 11:46:47 AM PST · by F15Eagle · 249 replies
    http://washingtonexaminer.com via Drudge ^ | JANUARY 21, 2014 AT 1:08 PM | By PAUL BEDARD
    Don't believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud. In a memo to clients provided to Secrets, David John Marotta calculates the actual unemployment rate of those not working at a sky-high 37.2 percent, not the 6.7 percent advertised by the Fed, and the Misery Index at over 14, not the 8 claimed by the government. Marotta, who recently advised those worried about an imploding economy to...
  • Obama's Deranged New Yorker Interview

    01/20/2014 6:47:24 PM PST · by Kaslin · 14 replies
    Rush Limbaugh.com ^ | January 20, 2014 | Rush Limbaugh
    >BEGIN TRANSCRIPT RUSH: Obama has an 18-page, if you read it on the Internet, interview/story with New Yorker Magazine. He said that Al-Qaeda is a JV unit. So the Al-Qaeda unit that did all the damage in Benghazi was the JV unit. Obama also said that he would not let his son, Trayvon Martin, play football -- while watching football, apparently. In an interview that runs the weekend of the NFL championship games, Obama said he would not let his son play the game. He doesn't have one, of course. But if he did, his son would have looked like...
  • The missing piece in the global growth puzzle (no consumer demand)

    01/19/2014 3:42:01 PM PST · by Red in Blue PA · 41 replies
    "So many people – politicians, journalists, I'm afraid market analysts – sort of believe this story of an economics recovery going on around the world," Roger Nightingale, strategist at RDN Associates, told CNBC. "This economics recovery hasn't occurred. In fact, actually for the past 18 months people have been talking about it, the data is pretty flat. If anything, it's getting flatter." .... "The conventional response, among economists, is that the government must take action to boost domestic demand in the United States, with either monetary or fiscal stimulus, or by redistributing wealth," he said in a note, citing the...
  • Obama: 'This Will Be a Year of Action' on Economy

    01/12/2014 5:02:05 PM PST · by Hoodat · 55 replies
    Breitbart ^ | 12 Jan 2014 | Wynton Hall
    Echoing past economic promises of “green shoots,” “five million green collar jobs,” and “recovery summer,” President Barack Obama said during his Saturday weekly address that 2014 will be a “year of action” on the economy. “This will be a year of action. I’ll keep doing everything I can to create new jobs and new opportunities for American families – with Congress, on my own, and with everyone willing to play their part,” said Obama. Obama’s latest economic pivot comes on the heels of a dismal Friday jobs report that shows the U.S. labor force participation rate has contracted to its...
  • Best Buy says holiday sales fall; shares tumble (down 30% in premarket trading)

    01/16/2014 5:14:39 AM PST · by Red in Blue PA · 27 replies
    NEW YORK (Reuters) - Best Buy Co Inc (BBY) reported a drop in total revenue and sales at its established U.S. stores in the all-important holiday season, sending shares tumbling more than 30 percent in early trading. The retailer cited intense discounting by rivals, supply constraints for key products and weak traffic in December. Best Buy's report was the latest evidence that holiday sales at many U.S. retailers came at the expense of margins.
  • Limbaugh: Obama 'Is an Absolute Economic Idiot'

    01/07/2014 11:39:00 AM PST · by Sub-Driver · 57 replies
    Limbaugh: Obama 'Is an Absolute Economic Idiot' January 7, 2014 - 1:58 PM By James Beattie Rush Limbaugh Tuesday called President Obama an "Absolute Economic Idiot" at the top of his syndicated radio program. Limbaugh was referring to remarks made by the president earlier in the day at the White House in an effort to extend unemployment insurance. President Obama said that, "Voting for unemployment insurance helps people and creates jobs and voting against it does not." "This guy is an absolute economic idiot. He's sitting here. He's touting the benefits of unemployment insurance for the last twenty minutes. And,...
  • Obama: Unemployment Benefits' Expiration "Just Plain Cruel" [Republicans Not Torturers?]

    01/04/2014 9:56:05 AM PST · by Steelfish · 28 replies
    CBSNews ^ | January 04, 2013
    JAKE MILLER CBS NEWS January 4, 2014 Obama: Unemployment Benefits' Expiration "Just Plain Cruel" President Obama scolded congressional Republicans on Saturday for abandoning job-seeking Americans by allowing unemployment insurance to expire on Dec. 28, saying the restoration of those benefits should be lawmakers’ “first order of business” when they return from their holiday break. “Just a few days after Christmas, more than one million of our fellow Americans lost a vital economic lifeline – the temporary insurance that helps folks make ends meet while they look for a job,” he said in his weekly address. “And for many of their...
  • Live Stream || Obama on the Economy – December 4, 2013

    JOIN THE LIVE CHAT VISIT WHITEHOUSE.GOV
  • President Obama Delivers Remarks on Economy 11:15 AM C-Span

    12/04/2013 6:56:37 AM PST · by struggle · 19 replies
    c-span.org ^ | 12/04/2013 | struggle
    Something tells me he's gonna look TORN UP. Under 40% on Real Clear Politics, and I don't know if you saw this, but FOX revealed (or rather publicized) the fact that there IS NO PAYMENT MECHANISM FOR OBAMACARE. The government is going to allow the INSURANCE COMPANIES to "estimate" costs and the government will pay them.
  • Census faked 2012 election jobs report

    11/18/2013 5:18:51 PM PST · by NYRepublican72 · 168 replies
    New York Post ^ | 11/18/2013 | John Crudele
    In the home stretch of the 2012 presidential campaign, from August to September, the unemployment rate fell sharply — raising eyebrows from Wall Street to Washington. The decline — from 8.1 percent in August to 7.8 percent in September — might not have been all it seemed. The numbers, according to a reliable source, were manipulated. And the Census Bureau, which does the unemployment survey, knew it.
  • Obama's Recovery: $1.3 Trillion Below Average

    11/08/2013 3:54:31 AM PST · by IBD editorial writer · 16 replies
    Investor's Business Daily ^ | 11/07/2013 | IBD Staff
    Recovery: The latest GDP report shows that President Obama's policies continue to weigh down the economy. Now 51 months old, his recovery is by far the weakest since the Great Depression. At 2.8%, real growth in the third quarter was higher than expected, a rarity. But the latest government data also hinted at weakness, as consumer and business spending slowed. In short, the strong growth everyone predicted at the start of the year is a no-show, just as the previous predictions of prosperity just around the corner proved false. It also means that Obama's recovery — now more than 4...
  • Report shows ‘dramatic’ rise in N.Y. Jewish poverty

    10/27/2013 9:51:15 AM PDT · by ComtedeMaistre · 23 replies
    JTA
    A new report shows that 20 percent of Jewish households in the New York metropolitan area are poor, a figure only marginally lower than the rate in the general population. The report released Thursday by UJA-Federation of New York found more than 560,000 people living in 200,000 poor or near-poor Jewish households, a figure that represents a doubling of the number of people living in poor Jewish households since 1991, despite only a 14 percent increase in the Jewish population. The report also found nearly half of children in Jewish households live in poor or near-poor conditions. Among all residents...
  • The Myth That Obamacare Is Destroying Full-Time Jobs Just Got Debunked [barf alert]

    10/22/2013 1:04:50 PM PDT · by grundle · 27 replies
    yahoo.com ^ | October 22, 2013 | Steven Perlberg/Business Insider
    According to the BLS household survey, part-time jobs fell 594,000 in September while full-time workers were up 691,000. This was one hopeful nugget in an otherwise lackluster jobs report. Workers are considered to be "part time" if they work under 35 hours a week. Earlier this summer, when part-time numbers looked like they might be on the rise, some speculated that the shift was due to the employer mandate in the Affordable Care Act.
  • Jobless claims spike after computer troubles in California [spikes from 308k to 374k]

    10/10/2013 5:43:26 AM PDT · by TomGuy · 13 replies
    Jobless claims spike to 374,000 over 308,000 from last week. Numbers do not include furloughed government workers. [cnbc.com changes the headline to bury the data. Original article title: "Jobless claims rise to 374,000 vs. 311,000 estimate".]
  • Brayton Point coal plant in Somerset to close, cut 240 jobs

    10/08/2013 11:27:44 AM PDT · by FreeAtlanta · 22 replies
    biz journals ^ | Oct 8, 2013 | Craig Douglas
    The Brayton Point Power Station, the largest coal-fired power plant in New England, is shutting down amid a prolonged slump in energy prices that is forcing power operators nationally to rejigger their budgets and seek out more affordable production strategies. The closure will result in 240 job losses at the Somerset, Mass.-based facility. Its owner, an affiliate of New Jersey-based private equity firm Energy Capital Partners, said in a statement that steps would be taken to mitigate the effects of the job cuts for Brayton Point’s former workers....
  • ‘Sugar Daddy’ Dating Sites Say Government Shutdown A Huge Boost To Sign-Ups

    10/07/2013 11:13:59 AM PDT · by grundle · 34 replies
    CBS News Washington D.C. ^ | October 7, 2013
    WASHINGTON (CBSDC) — An online dating website which bills itself as “The World’s Largest Sugar Daddy Dating Website” says it has recorded a 50 percent jump in average daily sign-ups since the start of the government shutdown. SeekingArrangement.com claims its traffic has seen a dramatic rise in people seeking “sugar daddy’s,” which Merriam-Webster defines as: “A well-to-do usually older man who supports or spends lavishly on a mistress, girlfriend, or boyfriend.” Similarly, WhatsYourPrice.com – which allows first-dates to the highest bidder – has reported a similar massive increase in daily signups since last Sunday despite the fall typically being a...
  • Reuters orders broad editorial staff cuts (140 jobs to be cut)

    10/02/2013 12:04:41 PM PDT · by jimbo123 · 18 replies
    France 24 ^ | 10/2/13 | AFP
    The Reuters news agency is cutting some five percent of its editorial staff, a source close to the company said Wednesday, the latest layoffs in the troubled media industry. Parent company Thomson Reuters announced in a statement it would be making reductions, but offered no figures. -snip- A source familiar with the matter said the cuts would affect some five percent of the global staff of some 2,800.
  • THE GOVERNMENT SHUTDOWN IS AWFUL!!!1!1!!!

    10/01/2013 5:04:28 AM PDT · by Lazamataz · 183 replies
    Source: The Pit of Hell ^ | October 1, 2013 -- THE END OF TIME | by Laz A. Mataz
    No matter how HORRIFYINGLY PAINFULLY TRAGICALLY AWFUL it really is, it is a MILLION times worse. Then things get *really* tough. After that, HORRIBLE things happen, and then we REALLY get screwed. Immediately following that, the BOTTOM drops out and we are all DEAD, and THEN things get HARD! Once that happens, it signifies the TOTAL collapse of EVERYTHING, and that’s when the CATASTROPHE starts! It’s the sign of the end of EVERYTHING, but after that, comes the TRAGEDY. Then times get DIFFICULT, and things get WORSE, until it’s EXCRUCIATING, but that’s just the beginning, because after that it’s all...
  • Obama: 'Raising the Debt Ceiling...Does Not Increase Our Debt,' Though It Has 'Over 100 Times'

    09/18/2013 3:30:11 PM PDT · by george76 · 49 replies
    CNS News ^ | September 18, 2013 | Craig Bannister
    Raising the debt ceiling doesn't increase the nation's debt, Pres. Obama declared in a speech today... Obama dismissed concerns about raising the debt ceiling by noting that it'd been done so many times in the past: ... Obama went on to suggest that "the average person" mistakenly thinks that raising the debt ceiling means the U.S. is racking up more debt:
  • Obama to Mark Five-Year Anniversary of Financial Crisis from Rose Garden

    09/15/2013 1:01:41 PM PDT · by ColdOne · 46 replies
    breitbart.com ^ | 9/15/13 | Tony Lee
    On Monday, President Barack Obama will mark the five-year anniversary of the U.S. financial crisis by reportedly speaking from the White House Rose Garden to "highlight his administration's response to it." The Hill reports Obama will make his remarks the day after the official anniversary, which began when Lehman Brothers collapsed five years ago. In response to the crisis, "the Bush administration pushed its Wall Street bailout plan through a reluctant Congress in late 2008 and launched a separate effort to prop up the nation's automakers."
  • NPR Seeks to Reduce Staff by 10 Percent Via Buyouts

    09/13/2013 10:45:09 AM PDT · by LdSentinal · 21 replies
    Washington City Paper ^ | 9/13/13 | Perry Stein
    Tucked within a release naming its new president and CEO, NPR announced today that it would seek to reduce its staff by 10 percent through a voluntary buyout plan. (The Washington-based organization employed 840 people in 2012.) NPR's board of directors just approved a budget for fiscal year 2014, which includes a deficit of $6.1 million, or 3.1 percent of its $178.1 million in revenue. The buyouts are intended to help plug the spending gap and, according to the release, will be offered "broadly across the organization." The board named Paul G. Haaga, Jr. as acting president and CEO effective...
  • Hollywood Legend Jack Nicholson Retires From Acting

    09/04/2013 6:20:46 AM PDT · by Hotlanta Mike · 50 replies
    Radar Online ^ | Sep 4, 2013 | Dylan Howard
    He’ll still sit court side at Los Angeles Lakers’ games, but Hollywood legend Jack Nicholson has quietly retired from the movie business, RadarOnline.com has exclusively learned. The 76-year-old icon has no plans to appear in films again after a career spanning five decades. “Jack has — without fanfare — retired,” a well-placed Hollywood film insider confirmed to Radar.
  • Little Richard: "I Am Done"

    09/03/2013 9:59:16 AM PDT · by My Favorite Headache · 58 replies
    One of rock’s most distinctive and influential performers is calling it quits. In an interview with Rolling Stone, legendary recording artist Little Richard admitted that, just a few months shy of his 81st birthday, he’s hanging it up as a performer. “I am done, in a sense,” he told the magazine, adding, “I don’t feel like doing anything right now.” Troubled by sciatica and a degenerating hip, Little Richard (born Richard Penniman on Dec. 5, 1932) has performed sparingly in recent years and hasn’t always managed to play up to his usual standards. In June 2012, he was forced to...
  • With His Polls Slumping, the Economy in Decline, and a Strong al-Qaeda, Obama Flees Washington

    08/14/2013 5:38:36 PM PDT · by Kaslin · 34 replies
    Townhall.com ^ | August 14, 2013 | Donald Lambro
    President Obama has fled the White House for the peace and serenity of the beaches and golf links of Martha's Vineyard, leaving behind a mess of polls with failure written all over them. In the sweltering, dog days of August, Obama has left town for a one week vacation, hoping to escape the many troubles that plague his presidency: a declining economy; his job approval polls in a nose dive; and the latest news that the vast majority of Americans are dissatisfied with the country's direction under his policies. The Gallup Poll this week shows his job approval marks falling...
  • PRUDEN: The full-time White House horror show

    07/22/2013 3:34:59 PM PDT · by Nachum · 5 replies
    washington times ^ | 7/22/13 | Wesley Pruden
    Everything about President Obama’s grand takeover of everyone’s aches and pains puts the pain in a new place. The only relief he can promise is that the pain is more tolerable today than it will be tomorrow. If the failing economy doesn’t kill you, Obamacare will. The only good news if that the abundant bad news over there might take your mind off your troubles over here. The jobs market here, such as it is, is likely to continue in the dumps. Come back soon. Many businesses, some large and some small, are moving toward an ever-larger part-time roster of...
  • Chattanooga editor fired for ‘shove it’ headline aimed at Obama

    08/01/2013 11:30:40 AM PDT · by madprof98 · 41 replies
    Atlanta Journal-Constitution ^ | August 1, 2013 | Jim Galloway
    A Chattanooga newspaper editor has been fired for that “Take your jobs plan and shove it” headline that greeted President Barack Obama on his arrival to the city earlier this week.
  • Obama: Economy is ‘back to where we were’ [Mega barf alert]

    07/23/2013 7:29:45 AM PDT · by upchuck · 39 replies
    Wash Examiner ^ | Tuesday, July 23, 2013 | CHARLIE SPIERING
    President Obama explained that the U.S. economy was back, during an address to his former campaign operation turned into a non-profit – Organizing for Action. Obama reminded them that when he took office “the bottom had fallen out” of the national economy – citing rising inequality and middle class struggles. “Now, the good news is over the last five years, we fought alongside people like Nancy Pelosi. But most importantly, because of the grit and resilience and determination of the American people, we’ve been able to clear away the rubble and get back to where we were,” Obama explained. Obama...
  • Obamanomics: Spending $2.5 million per job created, losing half a million on each car sold

    04/23/2013 1:49:32 PM PDT · by To-Whose-Benefit? · 6 replies
    redstate.com ^ | April 23, 2013 | John Hayward
    More wild and crazy adventures in Barack Obama’s command economy,
  • White House: Here's Where Your Taxes Are Going

    04/15/2013 10:28:42 AM PDT · by Responsibility2nd · 6 replies
    Newser ^ | 05/15/2013 | Matt Cantor
    (Newser) – As you file your 1040, the White House wants you to know just how those dollars are being spent—so, for the third year in a row, it's offering a website to calculate just that. At the 2012 Federal Taxpayer Receipt, you enter your Social Security, Medicare, and income tax payments to learn what you spent where. The site offers specifics as President Obama pushes a budget that has drawn criticism from officials on both sides of the aisle, CNN notes. CNN reviews the tax bill of a married couple with one kid, making the approximate median US...
  • Underground homeless camp cleared near the (KC) East Bottoms [Obama hates the homeless!!!]

    04/10/2013 11:09:24 AM PDT · by E. Pluribus Unum · 19 replies
    Kansas City Star ^ | April 5, 2013 | MATT CAMPBELL
    Kansas City police, a local charity and other city departments on Friday cleared out and filled in a complex of elaborate tunnels and holes at a homeless camp near the East Bottoms. A tunnel entrance at the homeless camp in northeast Kansas City. “One of the tunnels probably went 20 to 25 feet underground towards the back and veered off in another direction about six feet or so, and there was some bedding and some candles,” said Officer Jason Cooley, community interaction officer for the East Patrol. “It was kind of in a little hill and probably four feet beneath...
  • Russia’s Pravda Declares “Communism Won in America with Obama

    04/07/2013 2:01:12 PM PDT · by ilovesarah2012 · 76 replies
    joemiller.us ^ | 26 Nov 2012 | Joe Miller
    In an extraordinary column last week, Russia’s de facto government press arm declared that the era of “Miss American Pie” was over in the U.S. Citing Obama’s reelection, Pravda stated that the “Communists have won in America…” Why? Because the US is “an illiterate society” that continues to buy off on Obama’s “lies of less taxes while he raises them.” The US educational system is also held responsible, with Pravda stating that it was “conquered by the Communists long ago and history was revised thus paving the way for their Communist presidents.” As you might have gathered, Pravda’s hit on...
  • Addicted Obamacrats Hooked On Taxes

    03/15/2013 9:47:08 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | March 15, 2013 | Donald Lambro
    WASHINGTON - President Obama and the Democrats still don't get it. They laid down their budget markers this week, seeking to impose nearly $1 trillion in new taxes on an economy that's still struggling to get back on its feet. Squeezing even more money out of a weak economy whose growth was virtually zero in the last three months of 2012 -- and that forecasters say will grow by no more than 1 to 2 percent this year, is the height of irresponsibility. In his meetings this week with Republicans on Capitol Hill, Obama once again outlined the same tax...
  • Weekly US unemployment claims fall to 340,000

    03/07/2013 6:22:23 AM PST · by John W · 8 replies
    AP via US News ^ | March 7, 2013 | Christopher S. Rugaber
    WASHINGTON (AP) — The number of Americans seeking unemployment aid fell to a seasonally adjusted 340,000 last week, driving down the four-week average to its lowest level in five years. The drop is a positive sign ahead of Friday's report on February job growth. Applications for benefits fell 7,000 in the week ended March 2, the Labor Department said Thursday. That's near five-year lows reached in January. And the four-week average, a less volatile measure, dropped to 348,750. That's the lowest since March 2008, just a few months into the Great Recession. Weekly applications are a proxy for layoffs. When...
  • Obama's Legacy Agenda: A Two Year War on the GOP to Make Nancy Pelosi Speaker in 2014

    03/06/2013 7:25:43 AM PST · by Kaslin · 18 replies
    Townhall.com ^ | March 6, 2016 | Donald Lambro
    WASHINGTON - If anyone still thinks President Obama is serious about putting our fiscal house in order, Exhibits A and B prove he's been playing political games with this issue from the beginning. Exhibit A: The White House high command saw the full sequester budget battle -- not as an effort to curb out-of-control deficit spending that's driving the government into unfathomable debt -- but as a relentless, politically-driven opportunity to bludgeon the Republicans in the upcoming 2014 midterm elections. Obama's campaign-style events in recent weeks were a carefully- crafted effort in demagoguery to blame the GOP for the sequester...
  • U.S. economy grew 0.1% in fourth quarter

    02/28/2013 8:22:32 AM PST · by Mad Dawgg · 55 replies
    WSJ/Market Watch ^ | Feb. 28, 2013, 8:31 a.m | Jeffry Bartash
    WASHINGTON (MarketWatch) - The U.S. economy grew in the fourth quarter - but just barely - instead of contracting for the first time in three and a half years, the Commerce Department said Thursday. The U.S. expanded at a 0.1% annual rate in the last three months of 2012, better than the initially reported 0.1% drop but well below the third quarter's 3.1% pace.
  • Obama’s State of the Union: More of the Same

    02/14/2013 1:25:06 PM PST · by Kaslin · 1 replies
    Townhall.com ^ | February 14, 2013 | Julie Borowski
    President Obama’s State of the Union address recycled the same old tired rhetoric that he’s been peddling since 2009. Instead of addressing how to reduce the nation’s $16 trillion debt and lower the high unemployment rate, Obama proposed more reckless spending and regulations that will further stifle economic growth in this country. He started his speech with predictable statements on how the economy is allegedly growing stronger—despite the near eight percent unemployment rate calculated by the Bureau of Labor Statistics. That official rate does not even factor in the 3.25 million out of work Americans that are so hopelessly discouraged...
  • (Coming to America) Zimbabwe Finance Minister Admits: 'We've Only Got Ł138.34 in the Bank'

    01/30/2013 6:59:50 PM PST · by DogByte6RER · 7 replies
    Daily Mail (U.K.) ^ | 30 January 2013 | Dan Newling
    • Tendai Biti made the announcement at press conference declaring: 'Last week when we paid civil servants there was $217 in government coffers' • However he today contradicted his claims by saying the following day $30m was paid into government accounts • Result is culmination of years of ruinous economic policy by Zimbabwe's despotic President Robert Mugabe Zimbabwe's finance minister has taken a hard look at the cash strapped country's bank accounts - and discovered it only has Ł138 and 34 pence left. Tendai Biti made the announcement at press conference yesterday declaring: 'Last week when we paid civil servants...
  • 37 Statistics Which Show How Four Years Of Obama Have Wrecked The U.S. Economy

    01/27/2013 6:12:43 AM PST · by SeekAndFind · 12 replies
    TEC ^ | 01/25/2013 | Michael Snyder
    The mainstream media covered the inauguration of Barack Obama with breathless anticipation on Monday, but should we really be celebrating another four years of Obama? The truth is that the first four years of Obama were an absolute train wreck for the U.S. economy. Over the past four years, the percentage of working age Americans with a job has fallen, median household income has declined by more than $4000, poverty in the U.S. has absolutely exploded and our national debt has ballooned to ridiculous proportions. Of course all of the blame for the nightmarish performance of the economy should...
  • Inequality Is Holding Back the Recovery

    01/21/2013 11:58:19 AM PST · by Sir Napsalot · 34 replies
    NY Times Op-Ed ^ | 1-19-2013 | Joseph Stiglitz
    Politicians typically talk about rising inequality and the sluggish recovery as separate phenomena, when they are in fact intertwined. Inequality stifles, restrains and holds back our growth. When even the free-market-oriented magazine The Economist argues — as it did in a special feature in October — that the magnitude and nature of the country’s inequality represent a serious threat to America, we should know that something has gone horribly wrong. ... There are four major reasons inequality is squelching our recovery. The most immediate is that our middle class is too weak to support the consumer spending that has historically...