Jump to content

Obamanomics


Recommended Posts

  • Replies 1.3k
  • Created
  • Last Reply

Top Posters In This Topic

 

No kidding. What could that guy have done to piss off both the Clintons and the Bushes to the point where both families would kill him? Agatha Christie would be proud.

 

Maybe he pissed off the Bushes, who then planted evidence that made it look like he was cooperating with the Bushes, thereby pissing off the Clintons?

Link to comment
Share on other sites

http://www.reuters.com/article/us-usa-economy-idUSKCN0W60F1

 

U.S. employment gains surged in February, the clearest sign yet of labor market strength that could further ease fears the economy was heading into recession and allow the Federal Reserve to gradually raise interest rates this year.

Nonfarm payrolls increased by 242,000 jobs last month and 30,000 more jobs were added in December and January than previously reported, the Labor Department said on Friday. The unemployment rate held at an eight-year low of 4.9 percent even as more people piled into the labor market.

 

 

Link to comment
Share on other sites

THE ECONOMIC SCIENCE IS SETTLED:

 

Bill Clinton bashes Obama’s ‘pretty picture’ economy, says millions left behind.

 

Bernie Sanders: ‘Real unemployment’ rate under Obama is 10.5 percent.

 

“Note to Hillary: Clintonomics Was a Disaster for Most Americans” — says the far left Nation magazine.

 

“Flint has voted for Dems for 84 straight yrs. What did it get us? For 18 months Dems remained silent & ignored pleas while Flint was poisoned” — says far left moviemaker Michael Moore.

Link to comment
Share on other sites

CdZpUZ7WAAAiKkh.jpg

 

 

In a Corner of Ohio, Lessons of 2016
By Salena Zito

 

The bakery's display windows along Cambridge's main street are filled with sugary treats; people travel hours to buy its famous tea cookies. Stepping into this iconic southern Ohio bakery is pure happiness.

 

Behind the counter, Jody Lawry, Barbara Larrison and Barb Wheeler greet customers warmly and cheerfully banter with each other.

 

All three are stunned to learn that two support Trump and the other “feels the Bern” of Bernie Sanders' candidacy.

 

“Wait, you like Trump too?” Lawry asks Larrison as Wheeler admits that Sanders has her vote.

 

“We never talk about politics here,” Larrison says. “And to be honest, people are cautious to admit if they like Trump because the media makes you feel as though that is something to mock.”

 

This is just a small portrait of one corner of Ohio. Yet this state and this country are flush with towns like this that are largely ignored by Washington. Economic pressures and cultural forces will continue to grind away at their way of life — and, if we don't find a way to work toward some economic and cultural touchstones that bind Main Street to Washington, our great divide will not only continue but will expand.

 

 

(Excerpt) Read more at realclearpolitics.com ...

Ms Zito (as always) right on the mark.

Link to comment
Share on other sites

  • 3 weeks later...

Unexpectedly- The economy stinks.

 

http://www.cnbc.com/2016/03/28/shocker-cuts-to-q1-growth-pace-show-faltering-economy.html

 

 

Shocker cuts to Q1 growth pace show faltering economy

 

First-quarter growth is now tracking at just 0.9 percent, after new data showed surprising weakness in consumer spending and a wider-than-expected trade gap.

 

According to the CNBC/Moody's Analytics rapid update, economists now see the sluggish growth pace based on already reported data, down from 1.4 percent last week. According to the rapid update, economists have a median forecast of 1.6 percent growth in first-quarter GDP, which includes their estimates for data not yet released.

 

"It's not a polar vortex winter. You can't blame the weather this year. It's the consumer. I think there's a problem with the measurement but at the end of the day if the world were as good as we'd hoped, people would feel better and it's not showing up," said Diane Swonk of DS Economics.

 

 

Personal income rose 0.2 percent in February, a tenth above expectations, and spending was up 0.1 percent. But revisions to January's spending data wiped out earlier solid gains and showed spending marginally higher — at 0.1 percent from an earlier 0.5 percent.

 

 

Economists had been hopeful the first quarter would show a snapback with growth above 2 percent, and some have been optimistic that weak manufacturing was beginning to show signs of bottoming.

 

They note the size of the revision to consumer spending is rare.

 

More at the link:

Link to comment
Share on other sites

×
×
  • Create New...