Obamanomics Hits More Historic Marks

How’s that hope and change working out for ya?

U.S. auto sales in August probably were the slowest for the month in 28 years as model-year closeout deals failed to entice consumers concerned the economy is worsening and they may lose their jobs.

Industrywide deliveries, to be released tomorrow, may have reached an annualized rate of 11.6 million vehicles this month, the average of eight analysts’ estimates compiled by Bloomberg. That would be the slowest August since 1982, according to researcher Ward’s AutoInfoBank. The rate would be 18 percent below last year’s 14.2 million pace, when the U.S. government’s “cash for clunkers” incentive program boosted sales.

“Home sales are way down, the stock market is way down, the unemployment report is very disappointing and consumer confidence is sputtering,” Jesse Toprak, vice president of industry trends at TrueCar.com, said in an interview. “People just don’t want to make big-ticket purchases because they’re uncertain about their jobs and the value of their homes.”

Remember that ObamaCare photoshop featuring Obama as a witch doctor? It probably would have been better to label it Obamanomics, the real voodoo economics. Well, failed voodoo, kinda like the way drunk kids will play with “magic” books, and expect them to actually provide free money and stuff.

Hey, if someone can photoshop it for me (not near a PC with my programs), I’d appreciate! In the meantime, we do have

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7 Responses to “Obamanomics Hits More Historic Marks”

  1. John Ryan says:

    wow the worst since 1983 that is bad. OH wait SNAP that was during Ronal’s mid term when unemployment was even higher than now. Well if it happened 24 months after Reagan came in it could not be too bad because of course they were our Golden Years.

  2. captainfish says:

    Jimmy Carter who?

    Once again Teach, I must submit my profound grievance with you on your chauvinistic approach to the posting of pictures with scantily-clad females that have very very little to do with the main point of your article.

    Tsk, Tsk.

    You think that since your post has the word “model” you can just throw up some models?

    And you….. wait…. ummmm…. oh. Obamanomics = can’t afford car wash.
    Ok, never mind. I’ll go back to staring at the models again.

  3. Rule 5 is always in order 🙂

  4. John Ryan says:

    Sooo let’s see Reagan can blame Carter for having the highest unemployment in our history 21/2 years after he took office BUT Obama can not blame bush for his high unemployment figures. Typical right wing hypocrisy there typical.

  5. sleestak says:

    But, and feel free to correct me, the Democrats have been pretty much running the show since the ’06 mid term elections. This has basically been a Democratic economy in that they have controlled the purse strings for nearly a full four years now.

  6. captainfish says:

    And, let’s look at some reality.
    Carter led this nation into one of the greatest malaise in recorded history. Prices skyrocketed, unemployment went up.

    And then Reagan took office with a Democrat controlled congress. He got some of his tax cuts through, but congress kept increasing the spending.

    Due to the positive atmosphere Reagan created, along with the tax cuts, the economy improved and the lives of everyone improved.

    Come to Pres G W Bush. The economy was doing well. But then there was a recession along with a major terrorist attack. With the help of the Republican congress, he kept the economy rockin along.

    Then Democrats were elected in 2006. Spending went through the roof, recession came, more spending, … business started to get worried. Unemployment rose to 6% or 7%.

    Then Obama was elected and every business owner got terrified and hunkered down. Unemployment grew UNDER Obama’s and the Democrat’s watch to over 10% and stays around there even now.

    Again, it’s a signal to your mental ability that we have to provide these facts to you instead of you finding them for yourself. But then, if you actually found facts, you might be a Conservative.

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