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Keyword: smokenmirrors

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  • Some Americans live in a parallel economy where everything is terrible

    05/23/2024 9:44:28 PM PDT · by yesthatjallen · 66 replies
    Yahoo Finance ^ | 05 23 2024 | Rick Newman
    Is the economy booming or busting? Depends on whom you ask. The official data is buoyant — economic growth is solid, the job market is strong, and stocks keep hitting record highs. Yet many Americans think the economy stinks. The latest gloomy indicator is a Guardian-Harris survey in which 55% of respondents said they think the economy is shrinking and 56% think we’re in the midst of a recession. Economic output, adjusted for inflation, grew by a solid 3% during the most recent 12-month period. The unemployment rate is 3.9%. And the US economy created over 3.5 million jobs in...
  • NKorea warns China of sanction consequences

    04/22/2017 8:24:41 AM PDT · by TigerLikesRooster · 27 replies
    Sky News ^ | 22 April 2017
    NKorea warns China of sanction consequences Published: 6:36 pm, Saturday, 22 April 2017 North Korea has seemingly made a thinly veiled warning to China of catastrophic consequences to their bilateral relations, as it asked its historic ally not to step up sanctions. The warning on Saturday came in a commentary titled "Are you good at dancing to the tune of others", released by the state-owned KCNA news agency. While the commentary did not mention China by name, Pyongyang expressed its criticism of "a country around the DPRK", using the acronym for North Korea's official name, the Democratic People's Republic of...
  • History Lesson: Prepare for a Faux-Recovery

    10/27/2011 7:31:00 PM PDT · by bobjam · 22 replies
    October 27, 2011 | bobjam
    In 1936, Franklin Delano Roosevelt defeated Alfred Landon by an electoral vote of 523 to 8. This was the only contested election in which the major losing candidate received fewer than 10 votes (1788, 1792 and 1820 were uncontested). The landslide came on the heels of what appeared to be an economic recovery. Unemployment fell, productivity rose; people believed the New Deal really worked and they rewarded FDR accordingly. Shortly into the second term did the ugly truth reveal itself. The so-called recovery had been built entirely on government spending. Massive borrowing and government make-work projects put money in enough...
  • Former GOP Chairman: NH Republicans, don't be fooled by Mitt Romney

    12/26/2007 9:51:16 PM PST · by Ol' Sparky · 59 replies · 201+ views
    Manchester Union Leader ^ | 12/26/2007 | JIM RUBENS
    WARNINGS ARE written like a billboard all over Mitt Romney. He has used his fortune to buy the most transparently shameless act of political plastic surgery I've ever seen. His blatant flip flops on a laundry list of key issues are pure calculation to win conservative votes. His loose regard for truth puts him in league with Bill and Hillary Clinton. To measure Mitt Romney's allegiance to our party, look no further than the words of top Massachusetts Republicans who have seen him in operation over four years. Former Massachusetts Gov. Paul Cellucci, former state treasurer Joe Malone, former state...