The Current State of the Obama Economy

Posted by Tina

A list of ten courtesy of Breitbart.com:

1. Weekly jobless claims shot up to 386,000.
2. Foreclosures are hitting our most vulnerable citizens.
3. Factory activity contracted for a second month in a row.
4. Home sales dropped a whopping 5.4% — the biggest drop in nine months.
5. Retail sales dropped for the third straight month.
6. Consumer confidence dipped to 84.7.
7. U.S. business inventories increased by .3%…
8. …sales dropped .1%.
9. Food prices are skyrocketing.
10. More Americans are getting federal disability than jobs.

The New York Times reports that economic “fears” may be hurting Obama. Ahhh…poor him, huh? Do they give a rip about the rest of us?

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2 Responses to The Current State of the Obama Economy

  1. Rex Crosley says:

    “The the middle class has been brainwashed to worry about the people beneath them, rather than the people above them!
    Some people argue that these corporations provide jobs and other benefits. I wonder if these same people realize that corporations hoard money, whereas people on welfare immediately inject the money they receive right back into the economy.
    Trickle down economics hasn’t worked in 10+ years!
    Our government would rather cut programs that help people to give the money to corporations that don’t need it, don’t recirculate it, and only use it on themselves!
    We need to cut military spending, tax churches, and get rid of corporate welfare!
    What are your thoughts?” -reddit

  2. Toby says:

    I can deal with the MSM making crap up about republicans and always slanting the “news” to the Left. What I can’t stand is when the MSM bends over for the Left and still insists they only “report the news” they are “unbiased” as if anyone still buys it.

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