Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Friday, October 03, 2014

Fantasy: "By almost every measure...."

"So despite what you may hear, there is no doubt we are making progress. By almost every measure, we are better off than when I took office."



D'oh:

Source: Zerohedge.com

"While by now everyone should know the answer, for those curious why the US unemployment rate just slid once more to a meager 5.9%, the lowest print since the summer of 2008, the answer is the same one we have shown every month since 2010: the collapse in the labor force participation rate, which in September slid from an already three decade low 62.8% to 62.7% - the lowest in over 36 years, matching the February 1978 lows. And while according to the Household Survey, 232,000 people found jobs, what is more disturbing is that the people not in the labor force, rose to a new record high, increasing by 315,000 to 92.6 million!"

Here additional ways from Poor Richards News we are NOT better off than we where when BHO took office:

Friday, January 10, 2014

92,000,000 Americans no longer in the workforce....

Ok,  let's think about this.  

Nearly 92,000,000 people in the U.S. are not in the workforce anymore:





Source: zerohedge.com

 Yet, these people are still eating, still have cell phones, flat screen TV's, internet, etc...   How?



 Source: Heritage.org

Just to be clear, we are in year 6 of the Obama regime.  

On January 9, 2014 Pres Obama announced "Promise Zones", described in the NYT, "where federal agencies will cut through red tape in an effort to give struggling residents a chance at better lives."

It seems like President Obama realizes there are better ways for the federal government to encourage economic growth and he wants to apply the new methods in these "promise zones".  This proves two things:

  1. He knows his regimes current economic policies isn't working.
  2. If he knows they aren't working and he is changing course in the "promise zones", then he is admitting he (at the very least) is OK with the failed results in the rest of the nation. otherwise he'd make changes to his economic policy across the board.
If the above is true, President Obama is choosing to hold back the entire U.S. economy, save for these 5 "promise zones".   In other words, he knows the right answer, he is choosing, I assume for ideological reasons, to continue on with his path of destruction, almost as if it is all part of his plan.  

Hmmm....  What if it is his plan to ruin the U.S. economy, forcing people to depend on government assistance for food, shelter, clothing, medical care, cell phones, higher education, home loans, etc....?  If that where his plan, he is wildly successful and should feel quite good about his accomplishments.