Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: BenLurkin
This is fiction, pure and simple. The media is doing everything they can to save Obama's lying butt. Unless the millions of people that have been out of work have suddenly found decent jobs (not part-time), then the economy is not coming back. Banks are laying people off, and I would imagine that we'll start seeing layoffs in the energy industry at some point if that hasn't already started (and that was the one sector that was doing well in this country). Sorry, not buying it, because nothing is being done to allow the economy to flourish.
16 posted on 01/19/2015 10:03:15 AM PST by Major Matt Mason ("Journalism is dead. All news is suspect." - Noamie)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: Major Matt Mason
You said....
“and I would imagine that we'll start seeing layoffs in the energy industry at some point if that hasn't already started”

The falling gas prices are having an effect on the consumer's mood. But, it will be fairly short term. Layoffs are starting in that industry. With the oil and gas jobs, the economy would be a lot worse as we are still mired in the worst recovery in decades and most of the jobs, save for those oil industry jobs, have been low pay, part time. I wouldn't be surprised if the Fed starts hinting at more Qe if current trends continue.

I haven't heard this on the mainstream news yet but Bloomberg’s had an article last week were 30 year Treasury yields fell to a record low. This is getting to be 2007ish when GWB also talked up the economy in his 2007 SOTU speech

Also, the employer mandate just went into effect this year.

18 posted on 01/19/2015 11:20:07 AM PST by LMAO (("Begging hands and Bleeding hearts will only cry out for more"...Anthem from Rush))
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson