Tag Archives: unemployment

Americans get poorer under Obama

“Americans saw their income drop so dramatically in January that it marked the deepest one-month decline in 20 years.”

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Wages ‘recovery’ is worse than jobs ‘recovery’

“As bad as the current job recovery has been — and it’s by far the weakest since World War II — the recovery in wages has been far worse.”

VP Joe Biden: Comedian.

Not only does Vice President Joe Biden believe that he’s President of the United States while constantly making idiotic gaffes (such as not knowing what century we’re living in, forgetting what state he’s in, and referring to Obama as “Clinton”)— now he says he believes that Americans are “tired of being tired” and are “no longer worried” about the U.S. economy or foreign policy.

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.

Unemployment Rate goes back up!

After Obama manipulated the unemployment numbers so he could win the November election, the unemployment rate has shot back up to over 8%. However, Obama has ensured that his devoted followers– who have sacrificed their values for a few extra dollars (the value of which continues to plummet)– will not suffer under this new Obameconomy: he has hired 101 new federal employees per day, using American taxdollars, since taking office in January 2008.

Update: In fact, the Federal Reserve has now projected that the unemployment rate “will stay elevated until late 2015.”

Update #2: The unemployment rate is the same in January 2013 (as Obama starts his second 4-year term) as it was on the day he took office in January 2009. NO PROGRESS WHATSOEVER.

Obama outsources auto industry jobs

While Obama continues along the campaign trail praising himself for the auto bailout, “Coming hot on the heels of speculation that some Jeep production may be moved to China comes a bombshell from a Bloomberg report. Fiat is now considering moving Chrysler and Jeep production to Italy.”

Update: The hilariously named “politifact.com” announced that its “Lie of the Year” was Mitt Romney’s campaign statement that Jeep was moving its U.S. production to China.  Well, now it’s been confirmed: “Fiat… and its U.S. unit Chrysler expect to roll out at least 100,000 Jeeps in China when production starts in 2014.”

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

Latest Romney endorsement: A member of Obama’s Council on Jobs and Competitiveness

Intel CEO Paul Otellini, a member of President Barack Obama’s Council on Jobs and Competitiveness, has endorsed Romney for President.

Obama joins U.N. “Human Rights Council” which now calls for a boycott of American companies that do business in Israel

Obama joined the U.N. “Human Rights Council” in 2009, when the U.S.’s Ambassador to the U.N. Susan Rice pledged, “Working from within, we can make the council a more effective forum to promote and protect human rights.”

Well, look where that policy has brought the United States to now: “The Washington Free Beacon has obtained a report soon to be released by the United Nations that calls for an international campaign of legal attacks and economic warfare on a group of American companies that do business in Israel, including Hewlett-Packard, Caterpillar Inc., and Motorola Solutions Inc. The Human Rights Council (HRC), a body dominated by Islamic countries and known for its hostility to, and heavy focus on, the Jewish State, issued the report… Members of the HRC include infamous human rights abusers such as Saudi Arabia, Qatar, Jordan, Libya, China, and Cuba.”

Obama manipulates unemployment numbers.

So, we were told that the unemployment rate had fallen to 7.8% in September 2012 after 43 consecutive months of unemployment at 8% or higher. And this was after Obama promised that unemployment wouldn’t reach 8% if his stimulus plan was rushed through Congress.

The reported drop to 7.8% unemployment was touted as a great victory by Obama, and was used in his campaign and in the presidential debates on domestic policy.

TWO DAYS after the second presidential debate– the LAST presidential debate before the November election in which domestic policy would be discussed (since the third presidential debate will focus solely on foreign policy)– it’s revealed that the reason for the reported drop to 7.8% unemployment was that “Last week, California reported a large drop in applications, pushing down the overall figure to the lowest since February 2008. This week, it reported a significant increase as it processed applications delayed from the previous week.”  So, the 7.8% unemployment rate for September 2012 was a false report.  Kudos to California for its grandiose effort to get Obama re-elected!

Moreover, at least two economists at the Bureau of Labor Statistics (BLS) have contributed to President Barack Obama’s campaign. You sure can trust those numbers the Obama Administration puts out there! (*sarcasm*)