Posted on 04/07/2016 9:49:03 PM PDT by Nachum
While we all very capable of discerning the 'recovery' facts from the peddled recovery fiction throughout President Obama's reign...
...a close up over the last six months suggests things are getting worse in a hurry. As The Economic Collapse blog's Michael Snyder details, while most people seem to think that since the stock market has rebounded significantly in recent weeks that everything must be okay, that is not true at all.
Has the U.S. economy gotten better over the past six months or has it gotten worse? In this article, you will find solid proof that the U.S. economy has continued to get worse over the past six months. Unfortunately, most people seem to think that since the stock market has rebounded significantly in recent weeks that everything must be okay, but of course that is not true at all. If you look at a chart of the Dow, a very ominous head and shoulders pattern is forming, and all of the economic fundamentals are screaming that big trouble is ahead. When Donald Trump told the Washington Post that we are heading for a very massive recession, he wasnt just making stuff up. We are already seeing lots of things happen that never take place outside of a recession, and the U.S. economy has already been sliding downhill fairly rapidly over the past several months.
(Excerpt) Read more at zerohedge.com ...
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Obama says everything is fine, official unemployment rate below 5%, everything is going ok with our economy. So he says.
Anyone else wonder, if Democrats would be happy to lose the 2016 election, because the SHTF moment could come in the next four years? And Democrats would love to blame Republicans for that??
Paging Jonathan Cahn.
Do none of those people grasp that Ben Bernanke, then Janet Yellen have been printing tens of billions of dollars of FIAT every month to prop up their friends on Wall Street?
Do none of them understand that Federal Reserve and Federal Government policy is leading us inexorably into Weimar / Zimbabwean Hyperinflation, while they kick the economic can down the road, just hoping that they can fool the peasants for a little longer?
Bookmark
“Obama says everything is fine,...”
4/7/16
“Auditor: Government Will Owe More Money Than Entire Economy Produces
Report finds issues with reliability of governments financial statements, improper payments”
http://freebeacon.com/issues/government-owe-money-entire-economy/
Not even a huge reduction in (fossil fuel) energy prices seems to help. Because of course soon we won’t be allowed to use fossil fuels.
I can see how most of those things in the graphs can be quantified but, how the hell do you measure or otherwise quantify “black inequality”?
The second bill Washington singed as President was a trade tariff. You think he'd have signed a single one of the bills the liars pushing Free Trade have passed ?
You could start with the Black unemployment rate.
Last week:
A local department store shut down.
Our local market shut down with 48 hours’ notice. Shelves had been pretty much emptied by the time we got there for the last time (Everything 20-40% off!)
Today: My son’s Christian high school sent out an email saying they are shutting down. (Thank goodness he’s graduated.)
Can we call it Obama’s recession when it happens? Of course not, it will all be blamed on Trump or Cruz.
I predict a significant group of liberals are about to get an Obamacare wake-up call on 4/15/2016.
Perhaps I’m wrong.
Wonder if the liberal morons of America still can’t figure Obama out?
Oh, never mind.
See ya in the soup lines. Which won’t be there this time around.
It was all set up for 2016.. IIRC.. Lots of the heinous parts of Obamacare kick in 2016. We have been outplayed on this from day one, by the GOPe.
Never forget Jonathan Gruber.
THANK YOU! I was hoping I wasn't the only one to notice that. If that isn't the most subjective garbage chart I've ever seen, I don't know what is.
This IS the year of Jubilee!
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