National unemployment hits 10.2%
Irish Mike
bill in American history with out even reading it. He said we had to pass
his gigantic spending bill because if we didn't unemployment would hit
8%.. Well we've lost more than 3,000,000 private sector jobs since
Obama's spending bill was signed and unemployment is at 10.2% which is a
near 30 year record high. Of course if you include the people who have
just given up on finding a job and the ones who took part time work when
they wanted full time work, the true national unemployment rate is `17%.
Obama and the Democrats have run up the biggest deficits in American
history, we are so far in debt to China and other foreign countries that
the U.S. dollar is on the verge of collapse and now Obama, Pelosi and Reid
are in the process of jamming through a $1.25 trillion dollar government
take over of the health care system. A take over that the majority of
Americans have clearly and repeatedly said they do not want and can not
afford. Not to mention Obama's insane $ trillion dollar cap & tax energy
plan that will raise taxes on all working Americans and drive even more
private sector jobs over seas.
Mean while Obama is ignoring our soldiers in Afghanistan, stabbing our
allies in the back giving Iran a green light to develop a nuclear weapon
while he focuses on trying to shut down Fox News for daring to question
his policies. Obama has divided and polarized this country more, in less
time, than any one thought possible.
Irish Mike
OK folks, our phone lines are open and the tenth caller will win... The
Nobel Peace Prize!
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mo_charles
> bill in American history with out even reading it. He said we had to pass
> his gigantic spending bill because if we didn't unemployment would hit
> 8%.. Well we've lost more than 3,000,000 private sector jobs since
> Obama's spending bill was signed and unemployment is at 10.2% which is a
> near 30 year record high. Of course if you include the people who have
> just given up on finding a job and the ones who took part time work when
> they wanted full time work, the true national unemployment rate is `17%.
>
> Obama and the Democrats have run up the biggest deficits in American
> history, we are so far in debt to China and other foreign countries that
> the U.S. dollar is on the verge of collapse and now Obama, Pelosi and Reid
> are in the process of jamming through a $1.25 trillion dollar government
> take over of the health care system. A take over that the majority of
> Americans have clearly and repeatedly said they do not want and can not
> afford. Not to mention Obama's insane $ trillion dollar cap & tax energy
> plan that will raise taxes on all working Americans and drive even more
> private sector jobs over seas.
>
> Mean while Obama is ignoring our soldiers in Afghanistan, stabbing our
> allies in the back giving Iran a green light to develop a nuclear weapon
> while he focuses on trying to shut down Fox News for daring to question
> his policies. Obama has divided and polarized this country more, in less
> time, than any one thought possible.
BUT
BUSH!!!!!!!!!
mo_charles
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Blackwood
Wah!!! Wah!!!! Wah!!!!!
but Rush!!! but Dick Morris!!!! but Sarah Palin!!!!
Proud to be one of the 69,000,000+ Americans who voted for Barack Hussein
Obama. Scoreboard, mutha fuckas.
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da pickle no spam
[BS snipped (valid points left in)]
-------------------------------------------------------------------
You can try to blame Obama all you want but this whole recession
started under George Bush and is entirely his fault. If Bush were
still in office or if the old man/young bimbo would have won last
November unemployment would be over 15%.
Economic activity in the manufacturing sector expanded in October for
the third consecutive month, and the overall economy grew for the
sixth consecutive month.
The stock markets back to 10000 and Dow Jones Economic Sentiment
Indicator is up to 36.9, the highest level since August 2008.
Jobs are always the last to recover but they will eventually thanks to
Obama.
You are going to be so disappointed when America survives.
La Cosa Nostradamus
The selloff in the stock market occurred when it was realized that McCain
would not be continuing Bush policies.
You are not smart enough to be disappointed
Music
http://www.youtube.com/watch?v=Riq9PtKIkks&feature=PlayList&p=7CBC79A5A43EA115&index=0&playnext=1
Dec 21, 2012
http://www.youtube.com/view_play_list?p=BEACDF838531C36C&playnext=1&playnext_from=PL
--------�
Irish Mike
> On Nov 6, 1:02 pm, "Irish Mike" <ad7c...@webnntp.invalid> wrote:
>
> [BS snipped (valid points left in)]
>
> -------------------------------------------------------------------
>
> You can try to blame Obama all you want but this whole recession
> started under George Bush and is entirely his fault. If Bush were
> still in office or if the old man/young bimbo would have won last
> November unemployment would be over 15%.
John McCain would have done exactly what he said he would do, which is
exactly what Ronald Reagan did to pull the country out of the recession of
the 1980s. He would have cut taxes, suspended the capital gains tax and
started cutting government spending. Reagan turned the economy around and
created 20 million new jobs.. We are in this mess because Obama ignored
economist's advice and tried to spend his way our of a recession by
growing the size and scope of the federal government.
>
> Economic activity in the manufacturing sector expanded in October for
> the third consecutive month, and the overall economy grew for the
> sixth consecutive month.
Unemployment, manufacturing, housing and production are still in terrible
shape. America is buried under Obama's deficit spending and we have
little hope of ever paying it off in our lifetimes. Which is why the oil
producing countries are considering going away from the dollar as a
standard currency, Thanks to Obama's reckless spending and massive
entitlement programs China will soon own more of America than we do.
>
> The stock markets back to 10000 and Dow Jones Economic Sentiment
> Indicator is up to 36.9, the highest level since August 2008.
The stock market is up based on speculation and wishful thinking. The
foundation of the economy is jobs and small business growth and both are
in terrible shape. Banks are afraid to loan money, consumers are afraid
to spend and small business can't afford to grow or ad jobs. What little
economic success there has been was due primarily to the temporary effect
of the "cash for clunkers" program which was really just another
government hand out at tax payer expense.
>
> Jobs are always the last to recover but they will eventually thanks to
> Obama.
The American economy will eventually recover but it will be in spite of
Obama's disastrous economic policies and not because of them. If his
$multi-trillion dollar government take over of health care and his cap &
tax plans pass, America will lose hundreds of thousands more private
sector jobs. When Obama fails to renew the Bush tax cuts, every middle
class worker in America is going to get hit with a tax increase and small
business will cut even more jobs and reduce business investment and
expansion.
>
> You are going to be so disappointed when America survives.
I fought and bled for this country and I lost a great deal of money in the
sub-prime economic collapse. I very much want to see this country recover
and prosper so I have a chance to recover the money I've lost. Which is
why Obama's disastrous financial policies are so hard to watch.
Irish Mike
"The problem with socialism is that, sooner or later, you run out of other
people's money."
BillB
"Irish Mike" <ad7...@webnntp.invalid> wrote in message
news:1e4fs6x...@recgroups.com...
> John McCain would have done exactly what he said he would do, which
> is
> exactly what Ronald Reagan did to pull the country out of the
> recession of
> the 1980s. He would have cut taxes, suspended the capital gains tax
> and
> started cutting government spending. Reagan turned the economy
> around and
> created 20 million new jobs..
Wasn't the unemployment rate dropping steadily for a couple of years
before Reagan took office? Didn't unemployment soar during the first
year of Reagan's presidency? I think it was just over 7% when he took
office, and almost 11% after his first year. It was sometime in 1984
before the unemployment rate returned to what it had been when Reagan
took office in January, 1981. You are quite the revisionist, Mike.
We are in this mess because Obama ignored
> economist's advice and tried to spend his way our of a recession by
> growing the size and scope of the federal government.
To the extent Obama "ignored economists" in trying to clean up the
Bush economic nightmare, he spent too little, not too much. Most of
the economists I heard (and that was quite a few) were saying, given
the size of the US economy, it would take a stimulus package of about
$1.2 trillion to even begin to have a noticeable effect. Looks like
they may have been right. At least we can agree that Obama is
responsible for putting politics ahead of expert opinion.
La Cosa Nostradamus
> At least we can agree that Obama is
> responsible for putting politics ahead of expert opinion.
That's for sure.
You gotta remember that the guy doesnt want to get shot.
Music
http://www.youtube.com/watch?v=Riq9PtKIkks&feature=PlayList&p=7CBC79A5A43EA115&index=0&playnext=1
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