For those who would see recovery in current economic data, there are these facts to ponder. The first is that most of the decline in the unemployment rate has been a result not of more people working, but of more people leaving the labor force. In November, unemployment went down to 7.7 from 7.9 percent in October, the lowest unemployment rate since late 2008. But at the same time unemployment declined, so did labor force participation--which fell to 63.6 in November from 63.8 percent in October. Half a million Americans have left the labor market in recent months.
Comments: But does anybody really expect the sycophantic media to criticize obumble and his corrupt Labor Department´s lies?
If the criteria for our social welfare were based upon what gave the poorest the most income - not what provides the smallest ratio between high and low incomes, we could crush Obama and tear down his cliffs (which are not cliffs, but stair steps into demise).
According to Keynesian economics, we should welcome disasters that can lead to the government spending even more money. Remember the magic multiplier when TARP and all the other programs were launched? Pelosi and Co. were debating whether the magic multipler was 1.3 or 1.4.
For every dollar the gubbermint would spend, the magic multiplier would turn it into $1.3 in GDP. Wow, it didn´t matter how you spent it. Give it way to fake farmers by the billions, crush perfectly good cars and give the owners money, subsidize burning our corn crop, send money to non existent entities aas part of Wreckovery Summer, food stamps, fake Medicare claims; they all grow the economy! that is why our standard of living is soaring, I guess.
"This is not economic recovery. This is long term economic stagnation."
Once again the racist Faux News is using white president standards to judge Obama. Obama has to be judged by how he has healed the planet and how he has stopped the waters from rising, and not by such petty things as stagnant GDP, sickening unemployment, increased use of food stamps, and declining family incomes. Those old measurements applied to Bush, Clinton and Reagan, and not the Messiah.
Jobs are just not that important when you can have Barack as your president. (Psst, if you do know of a job opening, let me know. I beg of you.)
We´ve known this for a while. This is one reason while NerØbama is desperate to pin blame on the Republicans, using the fiscal cliff Kabuki theater as the vehicle.
He will blame the Pubs regardless. In that case, just do what´s best for the country and not worry about the blame. Go over the cliff, and no more debt ceiling hikes or CRs. No more $$$ without a proper budget out of Dingy Harry. The military and conservatives will share the pain, but they know how to get through it. Those depending on unemployment, disability, Medicaid, AFDC, food stamps, the "Obama-stash", and "Obama-phones": not so much. This is as far as we´ll get from the next election. Plenty of time to wake up the electorate.
And people fall off the employment rolls into the loving --delete that-- into the suffocating, crushing embrace of the government, which tumesces, burgeons, foams and bubbles like the Witches´ brew into an increasingly fetid totalitarian swamp.
Fox reports on these things. This is why the Left is constantly trying to undermine with the aim of eliminating Fox.
When W was in office, the pressitutes did everything they could to talk the economy down even with the unemployment at 5%. Now with the economy tanking, they are doing everything they can to paint a rosy picture.
Thank you Fox News. I thought I was losing my mind. I was talking to my husband today about the unemployment benefits. Why are they extending the benefits when everyone is saying that the economy is improving.....the unemployment has fallen and there are jobs to be filled. I knew that something smelled. This administration is a big fraud.
Six-seven years ago, the Sunday help-wanted classifieds took up an entire eight to ten page section in the local fishwrap. These days there might be four pages and will include commercial advertisements as well. Private construction is at a near standstill, and the people who design projects for construction, engineers and architects, are hanging on by their fingernails. Yet they tell us that unemployment is below the national average. Then why do I see so many EBT cards being swiped everytime I am in line at the local supermarket? And why do ten to fifty people show up for each opening when somebody announces job fair? Its´ still true that figures lie and liars figure. Stagnation indeed.
My older sister has been out of work for about 1 year. She is 57 and was an executive secretary at a home building company for over 20 years. The company was started over 40 years ago and shut down due to the economy. Why buy a new house when there are thousands of homes in foreclosure around you.
She should be able to get a job but no one is hiring.... at least older workers.
Once we do get an actual recovery, we´ll see huge inflation caused by the wildly excessive growth in the money supply. If businesses and individuals weren´t sitting on some $5 trillion in cash, we´d be seeing 20-30% inflation.
The Great Inflation is coming. No one knows exactly when, but at this point it is unavoidable absent drastic measures such as 20% interest rates and huge, immediate budgetary cuts.
Three puppies were rescued from the Muslim Brotherhood before they were used as "puppy bombs" at a protest in Tahrir Square two weeks ago. The group planned to dip the dogs in gasoline and set them on fire and using them against their opponents. Robyn Urman, a pet rescuer in New Jersey with Pet ResQ Inc, was contacted by Mervat Said, an animal rescuer in Egypt, about puppies Cleopatra, Cairo, and Egypt. This is not the first time this has happened, and not all the dogs were rescued. Now Urman´s group is trying to find a loving home for the dogs. Cleo
Environmentalists have galvanized behind a movement to resurrect wolf populations in rural America. Public support, particularly from urban regions, appears to favor the idea of returning this iconic symbol of the wilderness to America’s rural landscapes. (snip)In Catron County, New Mexico, aggressive Mexican gray wolves are terrorizing residents. Here wolves are killing pets in front yards in broad daylight, and forcing parents to stand guard when children play outside. The threat has become so ominous the local school district has decided to place wolf shelters (kid cages) at school bus stops to protect school children from wolves while they wait
Sergei Lavrov said samples taken from the scene of the August 21 attack, which killed nearly 1,500 people and sparked a diplomatic crisis that saw the US face off with Russia over military intervention, matched those of an earlier incident in Aleppo in March. “Russia, at the request of the Syrian government, investigated [the March 19 incident] and the results of this investigation are broadly available to the Security Council and the public. "The main conclusion is the type of sarin used in that incident was homemade, and we also have evidence that the type of sarin used on Aug.21st
A mentally challenged Florida man who had saved up for months to purchase a copy of "Grand Theft Auto V" was robbed of the video game as he left a GameStop store this week, police report. After buying the game Tuesday afternoon, Rohan Dawkins was approached in a Delray Beach parking lot by a couple who pulled up in a car. After asking Dawkins for the time, Tommy Davis, 27, grabbed the bag containing the best-selling game, which was released this week. When Dawkins sought to retrieve the item, Adele Jones, 25, allegedly kicked and punched the 21-year-old Dawkins, according to
Syria has moved 20 trucks worth of equipment and material used for the manufacturing of chemical weapons into neighboring Iraq, the Lebanese daily Al-Mustaqbal reported on Sunday. The government in Baghdad has denied allegations that it is helping the Syrian government conceal chemical stockpiles. The report came just a day after the United States and Russia struck a deal stipulating that Syrian President Bashar Assad´s regime would destroy its chemical arsenal to avert an American military assault. The newspaper reported that the trucks crossed the boundary separating Syria with Iraq over the course of Thursday and Friday. Border guards did
UPDATE: Turns out this is not from John Cleese, though it has an Aristotelian authenticity that causes me to leave it up anyway.(snip) The English are feeling the pinch in relation to recent events in Syria and have therefore raised their security level from “Miffed” to “Peeved.” Soon, though, security levels may be raised yet again to “Irritated” or even “A Bit Cross.” The English have not been “A Bit Cross” since the blitz in 1940 when tea supplies nearly ran out. Terrorists have been re-categorized from “Tiresome” to “A Bloody Nuisance.” The last time the British issued a “Bloody
The images of three youths police say murdered Melbourne baseballer Christopher Lane have emerged. The Oklahoma teens, who face first-degree murder charges, have been named as Chancey Luna, James Edwards and Michael Jones, News.com.au has reported. But their parents yesterday protested their innocence. Jennifer Luna, whose son is suspected of firing the fatal shot, claimed her son was at home saying: "My son is not that way. My son is a good kid." Earlier today, former deputy prime minister Tim Fischer has urged Australian tourists to boycott the US in the wake of the shooting murder of the Melbourne baseball star.
Economy: Between ObamaCare and the fiscal cliff deal, President Obama has raised taxes nearly $2 trillion — most of which kicked in this year. Yet he and the press keep blaming minuscule spending cuts for the flat economy. The only good thing to say about the second-quarter GDP growth number released on Wednesday is that, at 1.7%, it was better than most economists had expected. But even that comes with a caveat, since the Commerce Dept. downgraded reported growth in several previous quarters. As a result, GDP growth has now been below 1.8% for three straight quarters.
Every other story about Obama’s union pals and government employees demanding waivers from the health-care disaster they supported pale in comparison to this one. ObamaCare is all about expanding the power of the Internal Revenue Service – that’s the only promise it has actually kept, the only part of the 11,000-page program that’s actually working the way it was supposed to. The IRS became as important to health care as any doctor or hospital when ObamaCare was passed, because they are its enforcement arm, and like all central planning schemes
Remember when President Obama famously promised that if you like your health-care plan, you´ll be able to keep your health-care plan? It was a brilliantly crafted political sound bite. Turns out, the statement is untrue. Aside from that small detail, the slightly larger problem is that the Obama administration doesn´t have a health-care plan. Yes, the White House has a law with thousands of pages, but the closer we get to Oct. 1, the day government-mandated health-insurance exchanges are supposed to open, the more we see that the administration doesn´t have a legitimate plan
KEENE - The city has filed a lawsuit against six citizens, part of a group dubbed Robin Hood of Keene that patrols downtown armed with video cameras and pockets full of change to fill expired parking meters. Also known as Robin Hooders, the six are associated with the Free Keene group. "They say video recording or talking to them is harassing them, but I don´t agree with that," "Robin Hooder" James Cleaveland said of parking enforcement officers. "So they want to establish a safety zone of fifty feet." Members of the group place cards under windshield wipers
Suspected Boston Marathon bomber Tamerlan Tsarnaev has been buried in a Muslim cemetery in Doswell, Virignia, according to reports. The Boston Globe is reporting that Tsarnaev´s body was buried at the Al-Barzakh Cemetery in central Virginia, about 15 miles from Richmond. The Globe says the burial was coordinated by a woman who contacted the Islamic Society of Greater Richmond about whether they could help bury Tsarnaev´s body. News of the burial comes several after a Massachusetts police chief went on national television to plead for help in finding a burial place for the 26-year-old suspect bomber
I´m reading a terribly sad book these days. It´s a book that I thought would uplift me during the doldrums of second-year medical school, and renew in me a sense of hope. It´s called "The Audacity to Win," and it´s a memoir of Barack Obama´s 2008 presidential campaign. When I´m finished with my patient write-ups at night and get into bed, the book returns me to a time when politics inspired millions and speeches could take your breath away. The election turned out to be a landslide, and news anchors paused to reflect on the historic nature of the hour. My classmates
President Obama used his executive powers on Friday to create a ´Task Force on Climate Preparedness and Resilience.´ Obama´s plan would be put in place through executive order, bypassing Congress, which has stalemated over climate legislation in recent years. A year after Superstorm Sandy devastated the East Coast, the President signed the order which is designed to make it easier for states and local governments to respond to weather disasters. The executive order establishes a task force of state and local officials to advise the administration on how to respond to severe storms, wildfires, droughts and other potential impacts of
How Americans see President Obama changed in an important way this week. It’s because there is a huge difference between lies and bulls – - t. Obama says a lot of things that are not true, even nonsensical. But it’s easy to shrug off most of these, because they aren’t really lies. They’re just bulls – - t. Bulls – - t is airy, meaningless drivel, the stuff that campaigns are made of. Or it’s a misleading oversimplification with hidden qualifiers. Not only do we forgive bulls – - t, we like it. Especially suckers who have far too high an opinion
In May 2010, two months after the Affordable Care Act squeaked through Congress, President Obama’s top economic aides were getting worried. Larry Summers, director of the White House’s National Economic Council, and Peter Orzag, head of the Office of Management and Budget, had just received a pointed four-page memo from a trusted outside health adviser. It warned that no one in the administration was “up to the task” of overseeing the construction of an insurance exchange and other intricacies of translating the 2,000-page statute into reality. Summers, Orzag and their staffs agreed. For weeks that spring, a tug of war
As one of the surviving members of the staff of the Warren Commission, which investigated and issued a report on the assassination of President John F. Kennedy, I am not looking forward to the coming weeks: Nov. 22 will mark the 50th anniversary of Kennedy’s death, and that means a new round of demonizing the Warren Commission and celebrating fallacious conspiracy theories. After Chief Justice Earl Warren hired me to work for the commission, he told me that “truth was our only client.” Throughout the inquiry, that phrase remained our guiding principle. The evidence that Lee Harvey Oswald killed the
Why does the Tea Party love Ted Cruz despite his decisive role in the recent partial government shutdown, which many consider a debacle for the GOP? Why aren’t Tea Partiers blaming Cruz for their drop in the polls, as mainstream Republicans are busily doing for their own decline in popularity? A CNN-ORC International survey from shortly after the shutdown ended shows that 56 percent of Americans have an unfavorable view of the Tea Party, while “only 28 percent” see it in a favorable light — the Tea Party’s lowest favorability rating since its emergence in the wake of the 2008
CNN has been pondering what they call “a particularly tough few days at the White House.” “Four out of five Americans have little or no trust in their government to do anything right,” says chief political analyst Gloria Borger. “And now Obama probably feels the same way.” Our hearts go out to him, poor wee disillusioned thing. We are assured by the headline writers that the president was “unaware” of Obamacare´s website defects, and the National Security Agency spying, and the IRS targeting of his political enemies, and the Justice Department bugging the Associated Press, and pretty
A former top general and current executive at the Family Research Council says members of the military have considered staging a coup d´état against President, but will not because of civilian control of the military. "People I´ve spoken to would like to see the military ´fulfill their constitutional duty and take out the president,´ " retired Army Lt. Gen. William Boykin told World Net Daily, a website best known for pushing Obama "birther" conspiracy theories. "Our Constitution puts a civilian in charge of the military and as a result a coup would not be constitutional. You´re not going to see a
Richmond, Va. - Women may hold the key in Virginia´s slash-and-burn race for governor, rendering a final judgment on a campaign marked by fights over social issues. Democrats have not relented in their criticism of Republican Ken Cuccinelli´s positions on abortion, women´s reproductive health and even divorce, and it´s taken a toll, especially among female voters. Polls show Cuccinelli consistently struggling to connect with women in his race against Democratic Terry McAuliffe. Heading into Tuesday´s election, the cash-poor Cuccinelli campaign is trying to set the record straight at every stop, with the state attorney general telling allies, "The truth is
Wendy Davis should send Rick Perry a muffin basket, because he may have handed her a winning issue in her longshot bid to succeed Perry as governor of Texas. It may be counter-intuitive that Davis, a Democratic state senator running for governor in a red state, would bring up the controversial health care reform law, but it might be a risk she needs to take. In order for Davis to defeat Attorney General Greg Abbott, her likely Republican opponent next November, political strategists say she needs to win big among two key demographics: Hispanics and white women. Among Hispanics in
Dylan Byers at Politico describes the spell that President Obama weaves over favored journalists when privately speaking with them off the record. Famously reticient on the record, Byers says Obama is nothing if not voluble off it, willing to shoot the breeze with any journalist he considers to be ‘smart’.(Snip)You have to be special to join the circle, one so high above the madding crowd that you are like the president, who as Valerie Jarrett puts it, was “bored to death his whole life … just too talented to do what ordinary people do.” The question that almost asks itself
A janitor has described how for two days, he took care of more than 19 senior citizens who were abandoned after a Castro Valley care home was forced to close amid safety and health violations last week. Miguel Alvarez, 33, stayed at Valley Springs Manor 24 hours a day when other staff members walked off the job after the operator´s license was suspended on October 24 and they went unpaid for more than two weeks Another staff member, cook Maurice Rowland, also stayed on to help care for the home´s elderly residents, many of whom suffer from dementia and other ailments.