Tax Hikes and the 2011 Economic Collapse

We have politicians getting their economic advisers to convince people that 2+2=5 and that everything is rosy. The everyday working stiff is not smart enough to figure things out on his own so he should just "trust me". I wholeheartedly agree...it's not rocket surgery.

The government finally admitted that the scores they used for unemployment across the country were actually those of the private sector and really had nothing to do with the rest of US. They also said there had been very little change in the job market for those of us who live outside of Nobama Fantasy Land.

As soon as all the stimulous money dries up and the census workers finish the numbers will reflect that the country is NOT on the road to recovery. They will also show that we are even greater in debt with nothing to show for it. Will the administration admit this? Now that's another story. Personally, I doubt it. They'll just come up with another "feel good" spin.

The only job growth is in the public sector. Those types of jobs do not translate into economic growth, but rather become a hindrance on our economy through higher taxes to subsidize those jobs.

Graph of job losses : http://www.talkingpointsmemo.c...-and-bush.php?page=1

www.bls.gov/news.release/pdf/empsit.pdf

Yep, I believe things are getting better, but it is relative.

quote:

Originally posted by seeweed:
Graph of job losses : http://www.talkingpointsmemo.c...-and-bush.php?page=1

www.bls.gov/news.release/pdf/empsit.pdf

Yep, I believe things are getting better, but it is relative.

Just look at average unemployment over their terms when Obama's gone. That will be the real story when it comes to comparing job growth.

quote:

Originally posted by Fighting Illini:

quote:

Originally posted by seeweed:
Graph of job losses : http://www.talkingpointsmemo.c...-and-bush.php?page=1
I agree , really too soon to tell.
While I think things are getting better, I also realize the recovery is very fragile. Right now, things in Europe and Asia could affect our economy .

www.bls.gov/news.release/pdf/empsit.pdf

Yep, I believe things are getting better, but it is relative.

Just look at average unemployment over their terms when Obama's gone. That will be the real story when it comes to comparing job growth.

Europe is cutting their budgets. Not, just the PIGS, but the UK, France and Germany. Germany raised their retirement to 67 and France is going from 60 to 62.

Obama, take a hint!

Yeah just look at the chart there seeweed as soon as the polls showed that Odumbo was leading McLame the flipflopper, they started pulling their money out of the markets. Remember spread the wealth. Add to that all the failed mortgages that Frank and Dodd caused. Gas at 4.00 a gal (thanks Bush) a callapsed economy is what you get. Our economy relies on consumer spending when gas is at 4.00 a gal, its not much left to spend.

I don't mean to get off subject.

Why is gas not 6.00 a gal now. When bush was in the Saudi prince could sneeze and it would go up a Dollar. Someone tell me that they don’t manipulate the price. They now know if they raise prices it would probably mean Gov takeover under the socialist. The American people are getting screwed by the rest of the world. Vote all of them out Nov.

Gas isn't $6.00 a gallon because more couldn't pay for it. Less gas, more overhead costs not met!