Libs can't believe the daily details of this crumbling economy

Discussion in 'Economy' started by Philobeado, Jun 1, 2011.

  1. Philobeado
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    Philobeado Active Member

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    "The word "unexpectedly" or variants thereon keep cropping up in mainstream media stories about the economy:

    "New U.S. claims for unemployment benefits unexpectedly climbed," reported CNBC.com May 25.
    "Personal consumption fell," Business Insider reported the same day, "when it was expected to rise."
    "Durable goods declined 3.6 percent last month," Reuters reported May 25, "worse than economists' expectations."
    "Previously owned home sales unexpectedly fall," headlined Bloomberg News May 19.
    "U.S. home construction fell unexpectedly in April," wrote the Wall Street Journal May 18 ... Those examples are all from the last two weeks."

    Pro-Obama media always shocked by bad economic news | Michael Barone | Politics | Washington Examiner

    Then ... today's real economic news headlines aren't even mentioned in section A newsprint!

    "Consumer Confidence Index fell to a six-month low of 60.8 from a revised 66 in April, a sign of the toll that high gas prices, a choppy job outlook and a moribund housing market are taking on people's psyches."

    Consumer confidence falls unexpectedly in May - Yahoo! Finance

    Food stamps up 40% since BO took office ...
    SNAP Monthly Data

    "'Double-Dip' in Housing Prices Even Worse Than Expected"
    News Headlines

    THIS ONE WOULD BE FRONT PAGE NEWS IN THE NYT FOR WEEKS IN 2008:

    "But the number of limos owned by Uncle Sam increased by 73 percent during the first two years of the Obama administration ...

    Limousine liberals? Number of government-owned limos has soared under Obama | iWatch News

    ... Obamanomics ... $4.4T in new debt ... and here we are. This is as good as it gets. There are no plans, let it ride ... one day at a time for 791 days with no fed budget.
     
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  2. Avorysuds
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    Avorysuds Gold Member

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    I hate to say it but I feel a Depression coming on... I REALLY ain;t looking forward to it either.
     
  3. The Rabbi
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    The Rabbi Diamond Member

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    They'll blame the GOP shortly. Everything was going along great until 2010 when the GOP took the House. And then it all fell apart.
    That would suit their feeble brains.
     
  4. uscitizen
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    uscitizen Senior Member

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    I have been saying since this first hit that we have but hit the first step downward.
    We cannot maintain our current lifestyles and compete with world labor.

    Get used to living with lots less folks.

    Why do we keep listening to economic experts who did not even see this coming at all or said just a 6 month adjustment and all will be fine and such?
    Those stupid bastiges should be professionally strung up.
     
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  5. The Rabbi
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    The Rabbi Diamond Member

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    Jimmy Carter said the same thing in 1978 or so. Wasn't true then. Isn't true now.
     
  6. thereisnospoon
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    thereisnospoon Gold Member

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    Yeah....This is Obama's theory of "shared sacrifice"...he believes we should get used to being miserable.
    During a speech back in 1978 Carter said that Americans needed to get used to lower standard of living. That really pissed us off. Next time we got the chance we dispatched the Peanut Farmer with all speed
    . That stupid son of a bitch was a weakling of the greatest magnitude. He had zero economic expertise and almost put this country into economic reverse.
    Obama is nothing but a reincarnate of Carter.
     
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  7. The Rabbi
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    The Rabbi Diamond Member

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    Obama is Jimmy Carter after reading FDR on steroids.
     
  8. Caroljo
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    Caroljo Gold Member

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    Hey...they want to raise the debt ceiling!!! That's supposed to fix everything! :eusa_wall:
     
  9. Mr. Shaman
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    Mr. Shaman Senior Member

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    .....But, we can ALWAYS rely on Republicans to.....

     
  10. thereisnospoon
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    thereisnospoon Gold Member

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    More crap from the master crap creator.
     

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