Category Archives: Economy

Government Motors Creates Jobs! In Mexico

Perhaps this is an audacious plan by stealth GM CEO Barry Obama to lower the illegal immigration rate U.S. automobile giant General Motors Co. said Tuesday it plans to invest close to $500 million in its Ramos Arizpe plant in northern Mexico to produce a new line of engines as well as a new vehicle. […]

Retirement Savings “Undisclosed Bomb.” Say, Who Controlled Congress?

For a change, someone, in this case, Laura Bassett, at the Huffington Post makes a good point: Dwindling Retirement Savings ‘Undiscussed Explosive Bomb’ Of Recession. After the obligatory story of one man’s problems, we get Stephens’ predicament is an increasingly common one. Aside from stagnant wages, soaring unemployment and plummeting home values, the major tragedy […]

Obama: 2.4% Growth Is Super Duper!

So, Friday we found out that the economy grew at 2.4%, well below forecast “as a scarcity of jobs eroded consumer spending”, with ““The economy just muddling through.” Stocks fell off on this news. The Washington Post had this to say Saturday The recovery is fading, and a troubling new pattern is setting in: economic […]

How’s That Hope And Unemployment Working Out, Millennials?

Hey, just remember, the policies of the Messiah most of you voted for are keeping unemployment high for the long term They are perhaps the best-educated generation ever, but they can’t find jobs. Many face staggering college loans and have moved back in with their parents. Even worse, their difficulty in getting careers launched could […]

Consumer Confidence Drops On Jobs Worries

How could that possibly happen in the word of unicorns and lollipops? Job worries drove July U.S. consumer confidence to its lowest since February, with one in six people expecting lower income in the next six months, underscoring the precarious state of economic recovery. A year and a half since we received Barry’s Big Stimulus, […]

WSJ: Obama Presser Highlights Failure Of His Own Policies

How bad are Obama and the Democrats policies for unemployment? This bad Presidents typically invite Americans to appear at Rose Garden press conferences to trumpet their policy successes, but yesterday we saw what may have been a first. President Obama introduced three Americans—an auto worker, a fitness center employee and a woman in real estate—who’ve […]

Snap! Companies Consider Moving Overseas Thanks To Finance Bill

Newton’s Third Law of Motion states that for every action there is an equal and opposite action. Too bad over-blown and idiotic legislation doesn’t do the same, because, in this case, when you push the ball at 5mph, it explodes and moves at 50mph, causing all sorts of damage U.S. banks, hedge funds and other […]

Uh Oh: USA Today Brings Up The D Word

Ah, it looks like the media is finally staring to notice what Obama and the Democrats’ policies, added on top of the recession, are a bad idea, though they do tip toe around the Dems malfeasance .….Such outright wage declines hint at deflation — a generalized drop in wages and prices. The last time that […]

Government #3 On List Of American’s Concerns

As Obama goes on yet another vacation, this time to Maine, at the end of a week where Michelle Obama urged everyone (else) to visit the Gulf region and take a vacation there, no one should be surprised by these numbers. Except Obama, who’s probably thinking he and the Dems are doing a miraculous job […]

Companies Sitting On Cash, But, Not Hiring. Media Shocked!

Hidden within this Washington Post article is a warning to “Corporate America”: Obama is probably going to be coming after you in short order Corporate America is hoarding a massive pile of cash. It just doesn’t want to spend it hiring anyone. Way to start off on a truly negative note, WP. Nonfinancial companies are […]

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