Announcement

Collapse
No announcement yet.

10 Things About Latest Economic News

Collapse
X
 
  • Time
  • Show
Clear All
new posts

  • 10 Things About Latest Economic News

    In twenty months of Obama we have added more than $3 trillion in debt.

    After spending more than $800 billion on a "stimulus" how bad is unemployment in America (they promised spending this money would keep it UNDER 8%)?

    "On Friday, headlines across the United States declared that "unemployment remains unchanged at 9.6%". Many analysts rejoiced and heralded this announcement as a sign that we have hit bottom and that things will be turning around soon. But is that the truth? A closer look at the unemployment numbers reveals some disturbing facts. For example, according to the Bureau of Labor Statistics, a broader measure of unemployment that includes workers that have stopped looking for work rose sharply to 17.1%."

    Real unemployment is actually almost double the "approved rate: given by BO and his sycophants,

    Pass this article to your friends, they need to know why American is in a Deep Depression--so you no longer need to worry about a double dip recession--we are way past that.

    A couple of examples of how bad Washington has made it:

    "9 - Interest payments on the U.S. national debt increased 13% in the fiscal year that ended September 30th. If interest payments continue to increase that rapidly each year they will bankrupt the U.S. government very quickly.

    10 - It appears that some weird games are being played with the national debt numbers. Back on September 29th, the U.S. national debt was 13.466 trillion dollars. On September 30th, the U.S. national debt soared to 13.561 trillion dollars. Then on October 1st, the beginning of the new fiscal year for the federal government, the U.S. national debt jumped up to 13.610 trillion dollars. So how in the world does the U.S. national debt jump by a whopping 144 billion dollars in just two days? Somebody has some explaining to do for this kind of accounting."

    Barack Obama, the modern day Herbert Hoover.


    More...
Working...
X
😀
🥰
🤢
😎
😡
👍
👎