Jobless claims are at an 8 month high, how is that economic recovery working out again?
Question by Lastname Comma Firstname: Jobless claims are at an 8 month high, how is that economic recovery working out again?
http://finance.yahoo.com/news/New-jobless-claims-jump-to-rb-1852891451.html?x=0&.v=1
I like how people assume I like Bush tax cuts, I never did, I also like how liberals claim the economy is getting better, instead of being partisan you all should try being logical and try using your brains, I know that’s a lot to ask for….
Best answer:
Answer by Godless Heathen
So I guess extending the Bush tax cuts hasn’t done dick for our economy then. We should get rid of them.
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It doesn’t matter. Osama’s dead. Everything else is small fries.
Recessions have a way of doing that, were you an adult when DADDY bush left office?
Corporate debt, down
Market volatility, down
Interest rates, up
Mortgage delinquencies, down
Inflation, stable
Employment growth, up
Consumer spending, stable
Economic expansion, up
You tell me how the recovery is working out.
http://www.russell.com/helping-advisors/markets/EconomicIndicatorsDashboard.asp
We must end free trade and outsourcing if we want a recovery, let’s look at China, they have most favored trading status, with the USA and others, but they do not allow products to be sold in their country unless they are manufactured there, and they are quickly becoming the number 1 economic power, do you see what;s going on? We need a balanced economy.
I notice libs keep distracting & ignoring the present by harping on the Bush past. Obama owns this economy now. His policies or lack of them is the result of the current issues. Looking backwards while walking forward is politically idiotic.
And 1st quarter 1.8% GDP growth at the same time the Fed was engaged in massive bond buying.
We are reliving the 1930s. This is EXACTLY what happened after the Great Depression when “conservatives” decided that the deficit held new-found importance.
Eventually, sanity won out, the New Deal was implemented, and recovery ensued.
I do not hold out hope for sanity to prevail, at this day and age…
If one comes to realize that Obama is a SOCIALIST and wants SOCIALISM for America, in order to get SOCIALISM, he must DESTROY CAPITALISM, sure he may back off until after November 2012, when it will be full speed ahead after that for SOCIALISM, it’s that simple folks, if you choose to ignore it, like Obama and the liberals hope you will, then you will be really shocked when it finally happens and you ask ” how did this happen, this is America, it’s not supposed to happen here”
http://sweetness-light.com/archive/cpusa-and-obama-platforms-are-identical
http://www.cpusa.org/health-care-the-time-for-a-united-push-is-now
http://cpusa.org/obama-state-of-the-union-he-got-the-ball-rolling
http://www.etherzone.com/2008/beam090408.shtm
http://sweetness-light.com/archive/communist-party-backs-obama-for-prez
http://obamaism.blogspot.com/
his new ACORN
http://www.cpusa.org/12-days-to-go-the-election-depends-on-you/
http://www.aflcio.org/issues/politics/labor2010/index.cfm
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