Obamanomics
…25,984,000 foreign-born people had a job in the U.S. last month, up 133,000 compared to the previous record set in June…
The number of Americans not in the labor force declined but still topped 94 million last month
…here is another way of showing the unprecedented transformation in the US labor pool: since December 2014, the US has added just under 450,000 waiters and bartenders, and no manufacturing workers.…
The number of Americans not in the workforce during the month of April increased substantially compared to the previous month — again tipping over the 94 million mark…
The number of foreign-born people employed in the United States dipped slightly last month compared to the record high set in March, but remained above 25 million mark…
Florida based restaurant boss John Metz, who runs approximately 40 Denny's and owns the Hurricane Grill & Wings franchise has decided to offset [the costs of Obama's Affordable Care Act] by adding a five percent surcharge to customers' bills and will reduce his employees' hours.
Two days after the election, Obama's favorite economist, Paul Krugman, set the tone for the intransigent left in a column titled: "Let's not make a deal." Boiled down, his advice to Obama was this: Don't give in to any Republican demands, even if doing so would "inflict damage on a still-shaky economy." After all, Obama would be better positioned to "weather any blowback from economic troubles." Krugman's advice may be disturbingly cold and calculating, but he has plenty of company on the left.
President Barack Obama has responded to House Speaker John Boehner's gesture last week towards reaching a deal to avoid the Jan. 1 "fiscal cliff" of tax hikes and spending cuts, putting a specific demand on the table: $1.6 trillion in new tax revenues, reached by raising tax rates on the wealthy in addition to other "tax revenues." The offer is twice as high as a deal Obama scuttled last year, suggesting he may be prepared to let talks fail again.
After years of losses, the troubled automaker is forced into bankruptcy. GM is set to close a dozen facilities and cut more than 20,000 jobs.
built with $150 million in taxpayer funds is putting workers on furlough before a single battery has been produced
In August, the National Urban League's State of Black America 2012 report found that nearly all the economic gains that the black middle class made during the last 30 years have been wiped out by the economic downturn.
Your credit card's been stolen- and the punk that did it has been running hog-wild ever since [graphics]
183 Not in these numbers are the construction workers who get maybe one job a month and subsist on food stamps the rest of the time.
Not in these numbers are the droves forty and fifty year old veterans trying to re-enlist because there's no work to be had.
Not in these numbers are the people who bought cheaply a disused and broken-down piece of machinery, such as a pressure washer or a floor waxer and call themselves a business despite net profits less than minimum wage.
Not in these numbers are the former salesmen, once well to do on commissions, manning cash registers or stocking shelves in grocery stores.
Not in these numbers are the scrappers who ride around looking for appliances on the roadside, or dig through garbage cans at the local gas station for aluminum to sell. Or their less scrupulous cousins, the metal thieves who will take any salable metal that isn't bolted down, even if it's a sewer cover or railroad tie.
Also not to be found these numbers is a certain exhausted, exasperated swamp philosopher, an ex-retail manager whose job was downsized, lives with his mother, and can only find part-time work while working on a bachelor's
degree.
This is the new America. Living on its' parents couches while the world falls down around it. Clinging to the tattered shreds of dreams that refuse to die. Where if you're not receiving the government cheese, you're paying for it.
Remember who we are and what we are fighting for. A blind, three-legged dog would be a better President than Obama.
Sincerely,
Liberius Cato
p.s.
Marxism delenda est
Posted by: Cato at March 09, 2012 11:42 AM (Gk+Km)
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