Obama will be the ruin of this country, but I can’t blame him for all of the jobs lost since his election. He’s done nothing since taking office, but there are plenty to blame, democrat and republican. Bush didn’t help much either and as I recall there was never a spending bill he didn’t like. But the future is now officially a free-for- all. Every man for himself.
The market, business and people are reacting to obommie’s commie agenda for thefuture of Amerika. Not much hope but lots of change.
Nope. Employers shed jobs at a MUCH MORE RAPID PACE once they knew Hussein was taking office. The speed of the job losses is SOLELY at the feet of the man whom employers KNEW was going to be in charge.
Hussein has done NOTHING to change their minds, you are absolutely right.
One labor statistician who testified before Congress this week said this nation has NEVER SEEN 4 CONSECUTIVE MONTHS in which we have lost 600,000 jobs in each month.
I ask you: What has happened differently in those four months? Hussein’s seizure of power.
The loss of jobs might have continued, but not at this pace.
Since election day 11-04-2008 DOW Down -31.33%
Since Inauguration Day 01-20-2009 DOW Down -16.76%
The U.S. economy lost 651,000 jobs in February, the fourth month in a row where job losses were near or above 600,000.
The economy has lost 4.4 million jobs since the recession began in December 2007, with more than half coming in the last four months.
The job losses in December were the biggest monthly decline in jobs since October 1949, when half a million steelworkers went on strike for higher pay.
Ahhh, but you can. He was in the 2006 Congress that passed the Pension Relief Act of 2006 that requires business to fund 90% of all future pension moneys! Enacted in 2006, it became effective January 1, 2009. What a coincidence that all these layoffs are occuring just in time to fund the remaining pensions to the Congress set limit!
Repeal the Pension Relief Act, mark-to-market, reinstate the uptick rule and enforce the requirement to 'deliver' shorted shares, and who knows the Magic Mulatto may find his Magic Wand will work after all! (ie, What the gummit destroys with the stroke of a pen it can restore with the stroke of a pen...especially if you're the Messiah).
Bush didn't make the financial crisis we are in now, the dems did it with Freddie and Fanny. As for Bozo doing nothing he has done plenty, pushing an unconstitutional stimulus bill, telling the country day after day how terrible things are, telling the country he inherited the deficit, when in truth he MADE most of the deficit we have now. Yep, Bush is not blameless, but if the liberals hadn't manufactured the economical melt down we saw right before the election, none of this sh** would be happening right now.
LOL!!
What rock have you been under?