Bin Laden Dead - Liberal Threat Remains

While bin Laden', the biggest threat outside the US is dead - the threat of liberalism is still alive and well. New economic numbers this week show that the governments policy of weakening the dollar and massive spending are further erroding the US economy.

Here are just some of the sobering facts:

-- There are 8.5 million people receiving unemployment insurance and over 40 million receiving food stamps.

-- At the current pace of job creation, the economy won't return to full employment until 2018.

-- Middle-income jobs are disappearing from the economy. The share of middle-income jobs in the United States has fallen from 52% in 1980 to 42% in 2010.

-- Middle-income jobs have been replaced by low-income jobs, which now make up 41% of total employment.

-- Over the past year, nominal wages grew only 1.7% while all consumer prices, including food and energy, increased by more than 2.7%.

-- Government transfers have risen from 11.7% of personal income in 1980 to 18.4% in 2010, a post-war high.

Oil rose 35 percent from mid-February through the end of April. As it climbed above $100, economists warned that high fuel prices were taking a toll on the U.S. economy. Gasoline demand fell as motorists paid more at the pump, a trend reinforced by industry and government studies released this week

"Gasoline has certainly put us at a tipping point," analyst and trader Stephen Schork said. "The economy is in a precarious situation."

NEW YORK (AP) -- Renewed worries about the health of the job market weighed on stocks Thursday after the government reported an unexpected jump in unemployment claims. Commodities also fell on concerns that higher prices would reduce demand from cash-strapped consumers.

The Labor Department said that first-time claims for unemployment benefits rose to 474,000 last week, the highest level in eight months. Forecasters didn't see it coming. Economists had expected claims would drop to 410,000.

And this is happening during a time when the job market peaks up and usually adds seasonal summer jobs!

Applications for unemployment benefits have increased in three of the previous four weeks. The jump in claims, along with other signs the economic recovery is losing strength, have raised concerns about what the government's monthly jobs report for April will reveal when it's released on Friday.

So thanks to Obama's policies- we are loosing more jobs- yes the liberal threat is still alive and well.

:thumbsup:

Most of what you are complaining about has absolutely nothing to do with Obama's policies. But I guess it's fun to throw mud at the wall to see what sticks.

It absoutly DOES have to do with his policies.
It has everything to do with the current administrations policy.

Don't tell me the economy is not tied to these bad policies- almost 3 years into his watch.

I gave Obama credit for killing Osama- I'm also giving him the credit for destroying our economy under his watch.

You liberals can't have it both ways!

If you literally believe that Obama 'policies and Obama policies alone destroyed the economy under his watch", you are too ignorant of economics to converse with on the subject.

If you do realize that what you are saying is overblown, oversimplified hype, that you threw out there just to be belligerent AND are willing to talk realisitically about what has and has not worked economically in the Obama administration, we'll talk.

Otherwise, this thread is a non-starter.

All of your facts above are "since 1980". You do realize that we've have more Republicans in the WH since 1980 than Dems. I do agree that printing money is on its way to causing drastic inflation and a very weak dollar. That is obviously intentional. We can pay back our national debt at reduced value. It will work too until the dollar is no longer the international standard. Then it all falls apart.

All of your facts above are "since 1980".

Not all of the facts - only two.

And most or all of that drop has occured since 2009- January, 2009.

When you back AV into a corner, she will insult you "you are too ignorant of economics to converse with on the subject" bear, this is a lib that has no clue! Can't even talk with her, watch what she says now..it will be all spin! :woo hoo: :woo hoo:

AspenValley wrote: If you literally believe that Obama 'policies and Obama policies alone destroyed the economy under his watch", you are too ignorant of economics to converse with on the subject.

If you do realize that what you are saying is overblown, oversimplified hype, that you threw out there just to be belligerent AND are willing to talk realisitically about what has and has not worked economically in the Obama administration, we'll talk.

Otherwise, this thread is a non-starter.

[youtube:q22b5nxk][/youtube:q22b5nxk]

outdoor338 wrote: When you back AV into a corner, she will insult you "you are too ignorant of economics to converse with on the subject" bear, this is a lib that has no clue! Can't even talk with her, watch what she says now..it will be all spin! :woo hoo: :woo hoo:

rofllol