Where's the economic growth? Obama Economy Tanking
Apr 27, 2013 7:52:37 GMT -5
Post by avordvet on Apr 27, 2013 7:52:37 GMT -5
Where's the economic growth?
By: David Harsanyi, 4/26/2013 12:52 PM
"Households are drawing down savings, and they are borrowing to continue spending," Steve Cunningham, director of research and education for the American Institute for Economic Research told CNN. "That won’t last forever."
"A lot of the growth in the first quarter came from factors that are not going to continue," Scott Hoyt, senior director of consumer economics at Moody's Analytics told Market Watch. "There is not a lot of good news in this report when you scratch under the surface."
www.humanevents.com/2013/04/26/surprise-the-economy-still-stinks/
Ninety days of destruction from the Obama White House
By Wayne Allyn Root, Published April 15, 2013, FoxNews.com
The economic news in America has gone from bad to worse.
First, we found out the jobs numbers are collapsing. Then retail sales figures were released- they show across the board contraction.
Next, we found out U.S. business inventory figures were a disappointment.
Finally, consumer confidence not only collapsed, but it was the largest miss from expectations in U.S. economic history. 2 words explain it all: "Ninety days."
Creating jobs in Obama's America is like trying to grow healthy plants in a nuclear blast zone.
Ninety days is all it took to put the U.S. economy into a coma, to destroy any chance of recovery. 90 days defined by the Obama "Axis of Evil" -- Taxation, regulation, unionization, litigation, IRS intimidation, demonization, and government strangulation. The last 90 days of this Axis of Evil have sealed our fate.
There are no new jobs. There will be no new jobs. Creating jobs in Obama's America is like trying to grow healthy plants in a nuclear blast zone. Obama has turned the U.S. economy into a "Hostile Work Environment." I call it Obamageddon.
www.foxnews.com/opinion/2013/04/15/ninety-days-destruction-from-obama-white-house/