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When oil is at $200/barrel and gas costs $7/gallon we will see how many jobs the economy adds (or loses). The crash is coming and it will be spectacular.
We are all doomed .... doomed I tell you.
Buy bottled water, cans of beans, guns and ammo to prepare for the upcoming armageddon
The GOP running the House will prevent any more "spending" bills - except those which help them get reelected - which is good news for a debt ridden country who is trying to recover.
Does that mean that the Bush tax cuts resulted in the collapse too?
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the collapse came from clinton sending jobs overseas via nafta, cafta, gatt, and obummers ofta......along with clintons mortgage changes in 1995 which cause the housing bubble/bust
Ummm...remember the deal obama was forced into a while back, extending those tax rates? That is what has given the market and the business sector the confidence to move forward.
Obama's policies are credited with making an already weak economy even worse.
I do remember some of the Left on here asking when we would see some results from the GOP - You're seeing it now.
Ummm...remember the deal obama was forced into a while back, extending those tax rates? That is what has given the market and the business sector the confidence to move forward.
Obama's policies are credited with making an already weak economy even worse.
I do remember some of the Left on here asking when we would see some results from the GOP - You're seeing it now.
Maybe you missed it but the markets have been moving forward since early 2009
The biggest joke of all is sheeple have bought into the idea we are in an "economic recovery". Consumer spending has slowed to a halt due to these gas prices and there is no sign oil will even stabilize anytime soon. In a few months when this becomes evident in the numbers, we will see a 30-40% selloff in the Dow over a very short period. Job losses will be in the millions and bankrupcies will skyrocket. People will not be able to afford $7 gas. This entire economic recovery is a complete farce. We need to prepare for the worst because a worst-case scenario is unfolding. There is very little to be optimistic about right now.
unemployment is improving because he continued the bush tax cuts
thank you
A big factor in the lower unemployment rate is that many people who stopped looking for jobs during the recession still haven't started looking for one. So they're not counted as unemployed. The proportion of people who either have a job or are looking for one is surprisingly low for this stage of the recovery.
Local governments, wrestling with budget shortfalls, cut 15,000 workers last month and are expected to keep shedding jobs. Home prices are falling amid weak sales and a record number of foreclosures. Higher food and gas prices are leaving consumers with less disposable income to spend on other goods and services.
Workers' paychecks were flat in March. Average hourly earnings held steady at $22.87, unchanged from February. Workers have little bargaining power to demand big pay raises because the job market is still healing slowly.
Aside from layoffs by local governments, other sectors eliminating jobs included construction, transportation and warehousing, and information services, such as telecommunications. State government hiring was flat, after four straight months of layoffs.
yep oh so rosey
The bottomline is the economic is producing more jobs now than it did at the end of the Bush Administration and at begininning of the Obama Administration. Any way you cut it THE ECONOMY IS DOING BETTER NOW THAN IT DID TWO YEARS AGO.
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