Now Entering REDOVERY SUMMER PHASE 6
hasn’t the +0.1 revised to -0.3?
when 0failure took office, we had 142m tax filers. today, we’ve got 132m and more people
when 0failure took office, the average household income was $55k. today, it’s around $43k and everything has doubled in price (effectively reducing the $43k to $21.5k)
there is no measurement that can show improvement at any level
as a country, we’ve all moved quite a bit closer to detroit
What is the matter with the people on this site?
The economy IS growing, and by a lot more than .1%. Maybe something like 2% this year.
Proof? Simple. Actual, collected withholding and income taxes are up about 7% year-over-year. Fact. Withholding taxes aren’t paid over to the feds unless they have to be because the employment and the associated withholding took place. Don’t believe it? See the daily Treasury reports.
Why is that? Because the underlying U.S. economy is so strong and resilient that it can resist and overcome even the worst that the sh!tbags in the jug-ears administration can throw at it. And they’ve thrown an amazing amount of crap at it in the last 5 years.
The DJIA just made a new all-time high. Why? The market is discounting the wholesale slaughter of Democrats in November and a probable Republican win in 2016. The pain of what will be 8 years of BS from jug-ears is slowly coming to an end and it’s starting to become obvious.
Will a semi-decent economy, still recovering at a pitiful rate relative to what it should be benefit Democrats in November? Not a chance.
Joe 6-pack understands that he’s not better off. Capital investment sucks, new business creation sucks, job creation consists mostly of relatively low-pay jobs, and unemployment is down only because people have left the labor force. People are sick and tired of 5 years of failed liberal crapola.
The era of BS is about to end and the market is saying so. Reality is that the 2% growth economy will improve once it’s clear that jug-ears has been totally neutered in November.
But, that’s no reason to deny that this economy is currently expanding and has been for years — even though it’s at half the rate (or less) than it should be. Our economy is capable of withstanding much more than one passing totally clueless moron in the White House.
92 million Americans are jobless.
This article is whistling past the graveyard...
What BS...
The rising economy is only happening to the richest counties in the US that surround the District of Criminals.
Gaslightin pure and simple. When millions more are shifted to disability from unemployment an dropped from unemployment counts then we will really have good numbers.
5.56mm
The only place the economy is growing is in the imagine of the media.
Now Entering REDOVERY SUMMER PHASE 6
And if it isn’t actually growing, they’ll just report that it is.
So it will be imperative that the Democrats create the ILLUSION of a rising economy before fall. Look for a lie-storm from the media and an all-out assault on Truth from the lying Left (but I repeat myself).
Only if the GOP is stupid enough to let Karl Rove plan strategy for its candidates. If George Washington had hired Rove, he would have gone from Revolutionary War hero to farming in VA the rest of his life.
Yes, Reuters, those gas and food prices are AWESOME!
If the economy is doing so great, why should everyone be so focused on jobs instead of Benghazi? Jobs should not be a problem anymore.
How many people need to be liberated from job lock to get the unemployment rate below five percent? Does Obama have time to get this done before November? Actually he needs to get it done by Labor Day to give Democratic candidates enough time to run their victory laps ....
Durable goods...down
Existing home sales...down
New construction...down
Wages...stagnant
More folks than ever on welfare/food stamps
Obozocare stripping disposable income
Fuel prices up, food prices up, Insurance up, property taxes up.
Even in Texas where things are poppin pretty good in regards to jobs, still feelin the pain.
vaudine
Expect the “rising economy” lie to be repeated endlessly over the next couple of years...
In CA, gasoline IS $4.25 a Gallon for Regular.
Some how, some way, the price of Gasoline isn’t even worth a blurb on the Local News, much less the National News.
Besides the obvious manipulation by the Press, just like the Troop Deaths in Afghanistan under Obama, where is the Public outrage?
The Malaise is terminal, it’s that simple.
I think people are just burned out and really don’t give a Rat’s A$$ anymore, which means the hoped for 2014 Election sweep by the GOP is just another pipe dream.
Just my opinion, as usual.
