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Just When You Thought The Obama Economy Can't Get Any Worse, It's Getting A Lot Worse
Townhall.com ^ | April 3, 2015 | Donald Lambro

Posted on 04/03/2015 3:08:49 PM PDT by Kaslin

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To: Kaslin

Obama’s spokesmouth, Josh Ernest clearly stated that this is Bush’s fault on Fox News this morning. Further comments are obviously racially motivated.


21 posted on 04/03/2015 3:58:03 PM PDT by Baynative (You can judge the character of a man by how he treats those who can do nothing for him.)
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To: mosaicwolf

...cause when a pt worker goes from 30 hours a week to 10, they still have a “job”...


22 posted on 04/03/2015 3:58:32 PM PDT by gov_bean_ counter (Romans 1:22 Professing themselves to be wise, they became fools)
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To: wny

...and it they don’t their front row press briefing seat will be given to somebody from JET...


23 posted on 04/03/2015 4:00:59 PM PDT by gov_bean_ counter (Romans 1:22 Professing themselves to be wise, they became fools)
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To: Kaslin
10/21/2009
Transcript of Pelosi, House Democratic Leaders, and Economists’ Press Conference Following Economic Forum
Original Source(gone): speaker.gov/newsroom/pressreleases?id=1414

Former Federal Reserve Vice Chairman Alan Blinder:

“So for that reason, despite the fact that we’re looking at an absolutely horrendous long-term fiscal outlook”

I, like Mark, and I think most of us around the table, believe that at least a modest, now this is where people will disagree, but at least a modest increase in the deficit is targeted very strongly on job creation.”

We know that the Stimulus bill 'a modest increase in the deficit' was deficient as predicted, will the new Fed Chair Yellen finally acknowledge Democrat Economic Policies are mere vote buying schemes?

24 posted on 04/03/2015 4:03:25 PM PDT by Son House (The American Recovery and Reinvestment Act of 2009; the Original Legislative Fraud.)
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To: ClearCase_guy

I believe that is what will happen. Maybe a dem should win? How much lower can we go? I’m already paying 60+ percent in taxes. Fed 39%, Ca state 10-11 %, Ca state sales tax 9+ %, SS Tax 12K. I’m ready for my welfare checks!


25 posted on 04/03/2015 4:03:39 PM PDT by US_MilitaryRules (The last suit you wear has no pockets!)
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To: Kaslin

Well, Barry inherited this mess.


26 posted on 04/03/2015 4:04:02 PM PDT by Old Yeller (Civil rights are for civilized people.)
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To: Kaslin

We now have a new normal.

You are also doing very well in the labor market.

If you are an illegal alien.


27 posted on 04/03/2015 4:20:29 PM PDT by headstamp 2
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To: ClearCase_guy
If a good person (Cruz) gets into the Oval Office, the media will go into overdrive with TONS of bad economic news, scandals and stories of suspected corruption.

You are so, so right. Suddenly the homeless will return to "news" stories, underemployment will become part of every economic piece and reporters will discover the high prices of groceries. And should a Republican refuse to testify before Congress, or delete their email, or write an executive order the left doesn't like it will be "AN OUTRAGE" and require gnashing of leftist teeth.

I can only pray that many of the casualties of this crumbling, flatlining economy will be lots of newspapers and cable channels. They sure as bleep don't get my money.
28 posted on 04/03/2015 4:22:28 PM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: Kaslin

A stagnant economy makes it more likely that the the dollar will lose its reserve status. Then, the Fed would have to raise interest rates to attract investors. Other options could include nationalizing 401ks or starting an overseas or civil war.
A robust economy could avert most of these ills. We all know that this is 0bama and the globalist elite plan to pillage the nation.
The way things are going now, America could follow the example of China in the 19th and early 20th centuries. A paper tiger beset by factional division, civil war, debt and ripe for a neo-colonization by creditor nations (mostly China).


29 posted on 04/03/2015 4:31:30 PM PDT by grumpygresh (Democrats & GOPe delenda est. President zero gave us patient zero.)
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To: Kaslin

1) The Affordable Health Care Fiasco is scaring the HELL out small and medium sized businesses....the REAL drivers of the economy both in hiring and middle class wealth creation..

2) The current Tax Code(how many pages??) is a disaster for the businesses...flat tax would solve a sh-t load of problems.

3) Too much government spending/regulations are strangling the creation as well as innovation of new products/businesses.


30 posted on 04/03/2015 4:36:16 PM PDT by Le Chien Rouge
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To: Kaslin
Bttt.

5.56mm

31 posted on 04/03/2015 4:36:19 PM PDT by M Kehoe
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To: Kaslin

Low information voters hiring low information candidates.

Hell, the Free Sh** Army is happy.


32 posted on 04/03/2015 4:42:01 PM PDT by headstamp 2
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To: Kaslin


33 posted on 04/03/2015 4:47:09 PM PDT by Iron Munro (It IS as BAD as you think and they ARE out to get you.)
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To: Old Yeller

The original mess would have come around without Barry. This mess now is all his of course.


34 posted on 04/03/2015 4:52:35 PM PDT by John W (Recovery Summer VII Coming Soon)
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To: Kaslin

Any new home construction going on where you live? I’m in bucks county PA right now and there are several projects going on. One that was dormant for years. Just wondering.


35 posted on 04/03/2015 4:53:38 PM PDT by huldah1776
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To: Kaslin
“The jobless rate wasn't 5.6 percent as the government tells us, but 6.4 percent, according to this week's daily poll by Gallup. And for those who need full-time work but have to settle for part-time jobs, Gallup puts the underemployed rate at a shocking 15.5 percent.”

That is called a Depression. It is actually the New Great Obama Depression. Soup lines have been replaced by EBT cards and the economically displaced are held in place by SSI payments & Welfare benefits.

36 posted on 04/03/2015 4:57:53 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: huldah1776

I think it is a mixed bag nationwide. My feeling is that rural, exurban and most urban areas are not doing well with some exceptions (NYC, DC, Boston, etc.).


37 posted on 04/03/2015 4:57:59 PM PDT by MSF BU (Support the troops: Join Them.)
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To: Kaslin

That number of 189,000 “new jobs” last month has been adjusted to only 126,000 ‘new jobs’. The 189,000 number is 50% HIGHER than the 126,000 number.

All of this and the 5.5% unemployed remains the SAME???

The must teach a different math in the Madrassa in Indonesia.

There isn’t a thing Obama can say that is the truth.


38 posted on 04/03/2015 4:58:04 PM PDT by ridesthemiles
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To: HLPhat
And in other news the chocolate ration has been increased to 28 grams per week from 45!

.....and in the interests of public hygiene and for the children and oppressed minorities....

...all chocolate rations will be double wrapped in waxed cardboard and aluminum foil....

...and for measures of economy and to expedite the orders (for the children and oppressed minorities) the weight of said safety wrappings will be included in the total weight

39 posted on 04/03/2015 5:05:48 PM PDT by spokeshave (He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people,)
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To: Jim from C-Town

My husband was laid off in November 2013. We moved from California to Texas in August 2014 hoping he could find employment and for a lower cost of living. My husband just got a job however he only works 35hrs per week, no benefits and makes $60.00 less per hour. We are not on any government programs.


40 posted on 04/03/2015 5:15:42 PM PDT by funfan
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