misses the boat or rather, studiously ignores bad economic news in order to protect their investment in their Fuerher Obama.
EXCERPT: “Job growth has slumped to 75,000 a month over the last three months, too low to stop unemployment rising again to 8.2pc, or 14.9pc on the wider U6 measure.”
Wow, the Gunny, amongst others, has been saying for MONTHS and MONTHS that the REAL unemployment level was 15%!
EXCERPT: “Albert Edwards from Societe Generale expects the US economy to shrink 2pc this year, leading to a 40pc fall in profits. He says the S&P 500 index of stocks will ultimately plumb fresh secular depths, below the 666 bottom of March 2009.”
Businesses are refusing to expand and hire BECAUSE of Obama’s continued ATTACKS on them! In fact, Dumbo telling CEOs that THEY did not build their businesses was a SLAP IN THE FACE! The private sector SUPPORTS the government sector, not the other way around yet Dumbo the Commie sees it otherwise.
EXCERPT: “The risk now is that the Fed will repeat – or has already repeated – the errors of early-to-mid 2008 when failure to respond turned a common garden recession into a disaster.”
THAT is the VERY essence of insanity or liberalism. Doing the same shit over and over yet somehow, expecting a different result. Porkulous failed. Stimulus failed. Bailouts failed. QE1 failed. QE2 failed. And yeet greasy slimy corruptocrat Upchuck Schumer calls for another stimulus.