Postelection surprise: A slew of bad news

Stephanie

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Jul 11, 2004
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nothing to worry about :eusa_shhh:
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Sunday, November 25, 2012



ANALYSIS/OPINION:

Breaking with tradition, this election cycle bypassed the “October Surprise,” unless you count finding out that Donald Trump is a complete idiot. (His “shocking news” on President Obama was his announcement that he was offering $5 million for the release of all drawings the Kenyan native did in kindergarten.)

In the end, there wasn’t even a “November Surprise.” Americans, happy with their free stuff from the federal government and fully content to go $1 trillion in debt to get it, stuck with the status quo. The first post-partisan president divided America by class, sex, race, religion and America said, “Eh, whatever. Just send me my check.”

But just two weeks after the election, boy, a lot of surprises. Not really, though, if you were paying attention. Election 2012 was about big things: the direction of the country, federal spending, entitlements, health care, and, above all, jobs and the economy.

The media, of course, made America’s future a joke, mocked the challenger’s views from the outset (just as they mocked the incumbent’s views when George W. Bush was president). For the press, the biggest story of the year was Mitt Romney’s “binders full of women.” (They’d soon pale in comparison to the president’s general, CIA Director David H. Petraeus, and his bevy of beauties.)

Yes, postelection, out they streamed, one bad news bear after another — all that horrible stuff America’s press corps ignored as they pressed to re-elect their savior. Sure, you can be forgiven if you just tuned out after the election, got a jump on your Christmas shopping, cooking up that Thanksgiving dinner. But now that the tryptophan has worn off, time to wake up and smell the cat food.

• Jobless claims soared. Sure, the president got his minions to drop the unemployment rate to 7.8 percent a couple months before the election (“See? It IS getting better!”). But bam, just like you can be sure that the one relative who drives you nuts will absolutely make it to your house for the holidays, new jobless claims skyrocketed right after Nov. 6, jumping to 439,000 — up 78,000 from the week before the election. Shocker to those “swing” voters: The two states with the biggest leaps — Ohio and Pennsylvania, due, according to reports, to layoffs in the auto industry Mr. Obama “saved.” Perfect.

• Poverty also rose, according to a new Census Bureau report conveniently released after the election. Of course, the rate dropped by nearly 100,000 Americans the month before Election Day, but the month after, whoops, turns out in 2011, nearly three-quarters of a million Americans joined the ranks of the impoverished. But, hey, at least they get a new Obamaphone.

• Food-stamp enrollment hit a new record. (Can anyone keep up with all the records Mr. Obama keeps achieving?). In a mid-November Non-Surprise, nearly 500,000 Americans signed on for food stamps in the months just before the election. In fact (and boy, are you going to be shocked at this), 47 million Americans now depend on the federal government just to eat (and — wait for it — that’s a 47 percent increase under Mr. Obama).

• Wages fell — again. The Labor Department said average hourly earnings plunged in October, and since Mr. Obama took office are now down 2.3 percent. You read that right: Since January 2009, what Americans make is 2.3 percent less than what they made in December 2008. And bonus: The annual inflation rate climbed to 2.2 percent in October, according to the Bureau of Labor Statistics, the third month in a row it jumped. So, you make less, but things cost more. Try making ends meet now.

• And just in time: Yay, Obamacare! The president in his wisdom made the whole mess start in 2013 (maybe he thought he’d be in Hawaii playing golf by then), and right after the election, his administration finally released the new regulations. (It turns out House Minority Leader Nancy Pelosi was right: We really did have to pass it to see what’s in it.) Guess what? “Certain health plans, for instance, would be able to charge customers higher deductibles than originally allowed under the legislation,” The Washington Post reported on Nov. 20.

all of it here
Read more: CURL: Postelection surprise: A slew of bad news - Washington Times CURL: Postelection surprise: A slew of bad news - Washington Times
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The libs are all digging for excuses right now.....
You know they are NEVER going to admit that they were duped by their dear leader.
It's STILL Bush's fault!
 
shocked_face.jpg
 
Yep and you can bet Barry doesn't give a fuck.

He doesn't need anyones vote. He's got another four years courtesey of the dummies in this country.

Of course the Reps still hold the House and the Dems hold the Senate. Lame duck for another four years.
 
The libs are all digging for excuses right now.....
You know they are NEVER going to admit that they were duped by their dear leader.
It's STILL Bush's fault!

Why would liberals admit to being duped? They are not stupid they just shut their eyes and ears and ran the nastiest campaingn I can remember. They were not duped they just don't give a damn.
 
Here we go again. Wingnuts are searching frantically for anything negative, no matter how ridiculous, to hang on our President. On the 20th of January, President Obama will be inaugerated for his second term as President. Now, let us compare the economic situation today to that of 20Jan09. We are gaining jobs, not losing them at the rate of 750K a month. Each month has seen more jobs being created. Still too slow, but we are coming out of the closest thing the a Great Depression that the GOP could get for us.

Yes, there has been change. The market is not at half it's previous value and going down. In fact, it has regained all the ground it lost, a real plus for people with 401K's that saw their value drop by 1/2 at the end of Bush's administration. And there is Hope that we will continue to gain, and even gain at an increasing pace. Then, of course, the wingnuts will find something else to bellyache about. Maybe the "War on Memorial Day".:lol:
 
Bad news is becoming good news to conservatives, their craven fear and loathing sickens me with it's cowardliness and wanton pessimism. Business favors the brave and the bold, their timidity is a worse impediment than anything Obama could possibly do to them.
 
Here we go again. Wingnuts are searching frantically for anything negative, no matter how ridiculous, to hang on our President. On the 20th of January, President Obama will be inaugerated for his second term as President. Now, let us compare the economic situation today to that of 20Jan09. We are gaining jobs, not losing them at the rate of 750K a month. Each month has seen more jobs being created. Still too slow, but we are coming out of the closest thing the a Great Depression that the GOP could get for us.

Yes, there has been change. The market is not at half it's previous value and going down. In fact, it has regained all the ground it lost, a real plus for people with 401K's that saw their value drop by 1/2 at the end of Bush's administration. And there is Hope that we will continue to gain, and even gain at an increasing pace. Then, of course, the wingnuts will find something else to bellyache about. Maybe the "War on Memorial Day".:lol:
The Market is rigged, even Al Capone understood that and stayed away.

The Market is being driven by QE from the Fed, nothing more.
 

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