Tag Archives: Great Depression

Great Depression II: Food Stamps grow 75% more than job creation under Obama

“For Every Person Added to Jobs Rolls Since January 2009, 75 People Added To Food Stamp Rolls.”

Update:  “Since taking office in 2009, food stamp rolls under President Barack Obama have risen to more than 47 million people in America, exceeding the population of Spain.

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Obama White House: 54 Christmas trees.

“As Americans face a fiscal cliff, the Obamas make do with 54 Christmas trees.”

… is this surprising?

Twinkies: they could survive a nuclear war, but couldn’t survive Obama and his union friends.

We already saw that Gallagher’s New York Steakhouse, which survived the Great Depression, is going out of business because it couldn’t survive the Obama Economy.

After Obama was re-elected, thanks to a union strike, Hostess Brands, Inc. is out of business and Twinkies– which were believed to be capable of surviving a nuclear war– are being sold to desperate Twinkie fans for $60 on Ebay.  There is now a liberal petition asking Obama for a “Twinkie” bailout. In the meantime, there are 18,000 employees who will now be laid off from Hostess Brands, Inc.

50 Million Americans now live in poverty.

Census Bureau: “As President Barack Obama is set to begin his second term, new statistics on America’s poverty rate indicate that nearly 50 million Americans, more than 16 percent of the population, are struggling to survive.”

Business goes from bad to worse. And the result? More jobs lost.

Many news stories are emerging about layoffs and firings occurring immediately after Obama won re-election: Among other news stories, one Las Vegas employer fired 22 employees because as a business “at the end of the day, I need to survive” and Boeing has now announced massive layoffs in its defense division.

Updates: 

http://www.washingtontimes.com/blog/watercooler/2012/nov/8/picket-companies-plan-massive-layoffs-obamacare-be/

http://www.ksl.com/?sid=22890041&nid=148&title=utah-company-blames-president-obama-for-102-workers-laid-off&s_cid=featured-4

http://www.washingtonpost.com/business/economy/after-obama-re-election-ceo-reads-prayer-to-staff-announces-layoffs/2012/11/09/e9bca204-2a63-11e2-bab2-eda299503684_story.html

Stock Market plunges after Obama re-election

“U.S. stocks plunged across the board on Wednesday, the day after President Barack Obama was decisively re-elected… Financial stocks in the Standard & Poor’s 500 were down more than 3 percent around midday”… for obvious reasons, “Stocks took a sharp nosedive in a post-election selloff Wednesday, with the Dow logging its biggest decline in nearly a year, prompted by concerns over the looming ‘fiscal cliff.'”