Posts Tagged president obama
The failed fiscal policies of this administration are costing Americans a lot of money not only in your pockets but also in jobs, retirements, and even your gas tank. The recent jobs report seems a little far fetched. How after 40+ Months yes I say months are we all of a sudden under 8.0% unemployement? How does the government justify it? They say that after this much time of above 8% 500k took part time employment. That’s just one of the points being made in this episode of the Blaze TV. Ed Butowsky joins E.D. Hill as they try to wrap their heads around not just jobs but also how QE-whatever will help further the economy. How did the first wo infusions of money (ie QE1 and QE2) help?
While this administration under President Obama is scratching their heads trying to figure out what will stimilate the economy the current tactics have not worked. Printing more money – No. Investing in alternative fuel industry – No. So what will because our economy is certainly in a stalled state as recently confirmed by the Q2 Gross Domestic Product (GDP) numbers coming in at 1.3% rather than the expected 1.7%.
Ed Butowsky joins Fox News to discuss the jobs report crisis and how this could impact the economy
With all the things going on in the world today, or more importantly the US economy, congress has decided its more important to hit the campaign road before the elections. If it was up to me, which its not, I would not leave until we had something in place temporarily or permanently that could help stimulate the economy. With poverty at an all time high 14.9% and rising, unemployment still very high, recession signs imminent you think I am in the mood to vote someone who has not done what should be done to office? (I leave that as a rhetorical question)
Congress Poised to Hit Campaign Trail Before Finishing Basic Budget Duties
Confirming a new budget director for President Obama may end up being a lot less controversial than actually passing a budget.
As lawmakers screened Jacob Lew, Obama’s pick to lead the Office of Management and Budget, on Thursday, they were on track to end the budget year without passing a single spending bill, and marred by campaign-season bickering over next year’s tax rates.
On top of that, a new round of economic figures out Thursday underscored the challenges employers and the federal government face in trying to move the country out of recession quickly.