Your Monday Morning Doom & Gloom

americanthinker.com ^ | 7/7/2014 | Stephen Green

[rktman]

Here’s to hoping you enjoyed your long Independence Day weekend. I sure enjoyed mine, because it wasn’t until today that I looked past the touchy-feelgood headline numbers in the June jobs report. 288,000 new jobs and the unemployment rate dropped to 6.1%, the lowest it’s been since before the beginning of the Great Recession. Even the figures for April and May were unexpectedly revised upwards. Helping to keep that good mood humming along was the big increase in auto sales, which “shattered expectations [1].” Sales were so hot that even beleaguered GM, which in recent months has announced recalls for seemingly every car and truck sold since the Truman administration, saw a modest increase [2]. And let’s ice that cake with the good news from Bloomberg that after a slow (and cold!) winter, pending home sales jumped 6.1% [3] in May. That’s the biggest increase in four years.

Jobs, cars, and homes make up the bulk of the value of most Americans’ incomes and possessions, so happy days must indeed be here again, right? Wrong. I looked beneath the headline numbers, and now I’m sorry we don’t all have Monday off from work, too.

You might want to get your boss on speed dial and prepare to call in “sick of all this” while I show you the real picture.

Are you ready?

[rktman]

I know most of you will be shocked, shocked I tell ya, to find out the lsm and the govt are not quite telling the whole truth and nothing bu the truth.

[sr4402]

Doom and Gloom Report:

Invasion of Illegal Alien Children Strains America's Social Systems and threatens to bankrupt US states.

Quantitative Easing threatens to Remove World Currency Status for the US Dollar. Making all foreign product and produce more expensive.

EPA massive regulations to Increase Electricity Rates across the Nation.

Obamacare continues to Decimate American Jobs. Unemployment figures boosted by Part Time Jobs, Not Full time.

Obamacare II: Obamacare and Health Insurance premiums to rise do to new health taxes and lack of anticipated Signups. To be seen around Enrollment around election time (hint hint)