The Obama Depression Deepens

By: streiff (Diary)  |  September 4th at 10:48 AM  | 

The Administration’s mismanagement of the economy continues to take a heavy toll. In August the economy lost 216,000 jobs, roughly equivalent to the population of Reno, NV, just in case Harry Reid is interested. Over 5 million Americans had been out of work for over 6 months. Over 9 million were working at part time jobs because that was all they could get. Another three-quarters | Read More »

Larry Summers Says The Economy Is On The Rebound

By: streiff (Diary)  |  July 18th at 07:06 AM  | 

We’re out of the economic woods. Things are looking up. Unemployment is rising. Manufacturing is moribund. Foreclosures are at all time highs. Foreigners are getting nervous about our bonds… and currency. But the crisis is over. How do we know this? The Google Index. Of all the statistics pouring into the White House every day, top economic adviser Larry Summers highlighted one Friday to make | Read More »