Where are all those stimulus jobs you dumb ass Obama ? You have spent Trillions !!!

#1
STupid mother fucker -- Go back and study the 1930's when they printed and spent and it didn't do any good. Stupid dumb shits in the white house. Get these mother fuckers out of there.

Continuing claims climb 110,000 to record 6.79 million


Story Comments (45)


Alert Email Print<SCRIPT src="http://w.sharethis.com/button/sharethis.js#publisher=b1f6011c-ea44-4541-b0b6-e731f2789411&type=website&buttonText=Share&style=rotate&send_services=&post_services=facebook%2Cdigg%2Cdelicious%2Cybuzz%2Ctwitter%2Cstumbleupon%2Clinkedin%2Creddit%2Ctechnorati%2Cmixx%2Cblogger%2Ctypepad%2Cwordpress%2Cgoogle_bmarks%2Cwindows_live%2Cfark%2Cpropeller%2Cnewsvine&linkfg=%232d317a" type=text/javascript></SCRIPT> Share<!--<for each="var content in flow.Content"> <if condition="content is Paragraph"> #var paragraph = content as Paragraph; <for each="var chunk in paragraph.Chunks"> <if condition="chunk is TextChunk"> #var textChunk = chunk as TextChunk; <if condition="paragraph.Type == ParagraphType.Headline"> #//<set headline="textChunk.Text.Value" /> </if> <else if="paragraph.Type == ParagraphType.Headline2"> #//<set headline2="textChunk.Text.Value" /> </else> </if> </for> </if> </for>--> By Rex Nutting, MarketWatch
WASHINGTON (MarketWatch) -- The number of new layoffs declined by 13,000 to 623,000 last week, while the number of people collecting state unemployment benefits rose by 110,000 to a record 6.79 million, the Labor Department reported Thursday.
The decline in initial jobless claims was in line with expectations of economists surveyed by MarketWatch.
Initial jobless claims have been buffeted in recent weeks with massive layoffs related to plant shutdowns at Chrysler, but no unusual auto-related layoffs were noted by any states last week.
The four-week average of new claims -- which smoothes out distortions in the week-to-week data caused by weather, holidays, strikes and the like -- fell by 3,000 to 626,750 in the week ending May 23.
Initial claims for the week ending May 16 were revised up by 5,000 to 636,000.
Initial claims for unemployment benefits are down about 50,000 from the peak reached two months ago, but remain extremely elevated, consistent with an economy that has lost an average of net 665,000 jobs per month this year.
In the past 52 weeks, initial claims are up 67% and continuing claims are up 116%.
Meanwhile, the number of people collecting state unemployment benefits rose by 110,000 to 6.79 million in the week ending May 16. Another 2.2 million are collecting extended federal benefits, which kick in once a person has exhausted eligibility for the state checks, usually after six months.
The federal program is part of the Obama stimulus plan passed by Congress.
The four-week average of continuing claims increased by 123,750 to 6.61 million.
The insured unemployment rate -- the proportion of insured workers who are collecting benefits -- rose a tenth to 5.1%, the highest since December 1982.
The data come from state unemployment offices' reports on actual filings, not a statistical sample.
Initial claims represent job destruction, while the level of continuing claims indicates how hard or easy it is for displaced workers to find new jobs. The jobless claims report shows businesses are laying off workers at a rapid pace, and finding a replacement job is ever harder for those who've lost work.
Benefits are generally available for those who lose their full-time job through no fault of their own. Those who exhaust their unemployment benefits are still counted as unemployed if they are actively looking for work.
In a separate report, the Commerce Department said orders for durable goods rose 1.9% in April, the biggest increase since the recession began in December 2007. However, orders for capital equipment fell 1.5%, signaling continued weak capital spending by businesses.
 

BCTTWR

EOG Dedicated
#2
Re: Where are all those stimulus jobs you dumb ass Obama ? You have spent Trillions !!!

The piece of shit is destroying the U.S. economy.
 
#3
Re: Where are all those stimulus jobs you dumb ass Obama ? You have spent Trillions !!!

BCTTWR: how was the economy he inherited from Bush? ..... Your silence will be all we need to know
 
#4
Re: Where are all those stimulus jobs you dumb ass Obama ? You have spent Trillions !!!

The hits keep on commin'...

Wasn't the "stimulus" supposed to save or create 4 million jobs?

:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO

Just listen to this hernia with big ears lie through his teeth:

http://www.google.com/hostednews/afp/article/ALeqM5hMq5lkzARBftUIHBpeVmrtN4dYVg

I know, I know...here comes the ol' lib procrastination fallacy:

"Give it time."

:handjob:
 
#5
Re: Where are all those stimulus jobs you dumb ass Obama ? You have spent Trillions !!!

US President Barack Obama said Wednesday his mammoth 787 billion dollar stimulus plan had saved or created 150,000 jobs in the first 100 days since it cleared Congress.

"One hundred days ago, in the midst of the worst economic crisis in half a century, we passed the most sweeping economic recovery act in history," Obama said...
Sorry Karl, none of your deficit spending has created a single job.

While you claim credit for creating 150,000 jobs, the US has bled over 600,000 jobs per month since you've been in office -- FACT.

Ronald Reagan created over 20 million permanent jobs in the private sector. Try and match that stellar record before you flap your demagogic Stalinist gums. 2938u4ji23

Joe C Economics/Common Sense 101: Only the private sector can create wealth. Get off our back, quit misappropriating money you don't own, and the recovery will start. Keep interfering just like FDR did during the Great Depression and this recession will last a decade or more.

Idiot. 2348ji23e

Obama said 95 percent of working families had seen a boost in their wages because of the tax cut included in the plan...
There was no tax cut, liar. Americans, mainly the working class, will have to pay your "tax credit" back with interest. 2938u4ji23

And while you're lying about "the boost in wages", your Treasury Secretary is floating trial balloons on instituting a 10 percent national sales tax. That will easily wipe out the 20 or so bucks in pocket change in payroll withholding with your "tax cut."

A national sales tax will hurt those persons at the lowest rungs of the economic ladder...ya know, those you claim to "help."

You claim to be the hero of "the poor", yet this sales tax will bite them the worst.

Btw, for those of you who are considering purchasing or selling a house, this sales tax will be levied against home sales. Won't it be fun, sending 10 percent of a house purchase/sale to the fed? For a home sale of $100,000 that's $10,000 of the price that goes to the fed. $500,000 for a home sale, and it's $50,000 that goes to the fed.

National Sales Tax is a nuisance to the "the rich". In fact, the rich can avoid your silly taxes. They'll just go overseas and purchase their "big ticket" items (mansions, yachts, private jets and a host of other things). These are additional industries and the accompanying employment that your "National Sales Tax" will kill in the US. You know this, of course, since your target is the largest group of citizens all along, who can't avoid this tax. That target is the middle class and the poor, even while you'll claim it's aimed at "The Evil Rich".

Joe C Economics/Common Sense 101: for those of you who hate and envy "The Evil Rich" and fall for this worn class-warfare bullshit here's a newsflash:

Almost all the politicians in DC are The Evil Rich!

Almost without exception, those people are millionaires and multimillionaires, or they will be shortly due to their position and retirement plan, paid for by We The People. Don't forget that while loony libs cuss and moan about The Evil Rich, they are The Evil Rich, and they are proving themselves incapable of paying the taxes they dump on We The People.

It's fascinating that what required over 230 years to do in America is being undone in months by the Magic Niggro and his Gestapo gang of thugs.

 
#6
Re: Where are all those stimulus jobs you dumb ass Obama ? You have spent Trillions !!!

Bush ADDED FIVE TRILLION TO THE NATIONAL DEBT .... Bush WAS 0-2 IN MILITARY VENTURES ..... 3000 Americans DIED UNDER BUSH'S WATCH .... Bush created in 8 yrs .... roughly 2 million jobs? AND BUSH USED OVER 900 LIES TO ILLEGALLY INVADE A COUNTRY HE PUBLICALLY ADMITTED HAD NOTHING TO DO WITH 9-11 ..... this is too funny watching the Righties who supported THE BIGGEST FUCKUP IN AMERICAN POLITICAL HISTORY trying to give BO shit 4 months on the job when Reagan's 1st NINETEEN MONTHS were a disaster !!!!
 
#7
Re: Where are all those stimulus jobs you dumb ass Obama ? You have spent Trillions !!!

Unemployment Rate Start of Reagan - 7.5% 2 Years Later - 10.8% ///////////////// S&P 500 Start of Reagan - 131 19 months later - 102 ///////////////////// Reagan inherited about a 7.5% unemployment rate when he took office in Jan. '81. By Jan. '83, a full TWO YEARS into "Reaganomics" the unemployment rate had ballooned to 10.8%! ...... How's that for a market that is rejecting a president's agenda? The stock market was giving the exact same pessimistic opinion of the Reagan presidency. By August of 1982 the S&P 500 had dropped 22% from the start of the Reagan presidency....... That was a full 19 month reaction to Reagan !!!!!
 
#8
Re: Where are all those stimulus jobs you dumb ass Obama ? You have spent Trillions !!!

Sorry Karl, none of your deficit spending has created a single job.

While you claim credit for creating 150,000 jobs, the US has bled over 600,000 jobs per month since you've been in office -- FACT.

Ronald Reagan created over 20 million permanent jobs in the private sector. Try and match that stellar record before you flap your demagogic Stalinist gums. 2938u4ji23

Joe C Economics/Common Sense 101: Only the private sector can create wealth. Get off our back, quit misappropriating money you don't own, and the recovery will start. Keep interfering just like FDR did during the Great Depression and this recession will last a decade or more.

Idiot. 2348ji23e

There was no tax cut, liar. Americans, mainly the working class, will have to pay your "tax credit" back with interest. 2938u4ji23

And while you're lying about "the boost in wages", your Treasury Secretary is floating trial balloons on instituting a 10 percent national sales tax. That will easily wipe out the 20 or so bucks in pocket change in payroll withholding with your "tax cut."

A national sales tax will hurt those persons at the lowest rungs of the economic ladder...ya know, those you claim to "help."

You claim to be the hero of "the poor", yet this sales tax will bite them the worst.

Btw, for those of you who are considering purchasing or selling a house, this sales tax will be levied against home sales. Won't it be fun, sending 10 percent of a house purchase/sale to the fed? For a home sale of $100,000 that's $10,000 of the price that goes to the fed. $500,000 for a home sale, and it's $50,000 that goes to the fed.

National Sales Tax is a nuisance to the "the rich". In fact, the rich can avoid your silly taxes. They'll just go overseas and purchase their "big ticket" items (mansions, yachts, private jets and a host of other things). These are additional industries and the accompanying employment that your "National Sales Tax" will kill in the US. You know this, of course, since your target is the largest group of citizens all along, who can't avoid this tax. That target is the middle class and the poor, even while you'll claim it's aimed at "The Evil Rich".

Joe C Economics/Common Sense 101: for those of you who hate and envy "The Evil Rich" and fall for this worn class-warfare bullshit here's a newsflash:

Almost all the politicians in DC are The Evil Rich!

Almost without exception, those people are millionaires and multimillionaires, or they will be shortly due to their position and retirement plan, paid for by We The People. Don't forget that while loony libs cuss and moan about The Evil Rich, they are The Evil Rich, and they are proving themselves incapable of paying the taxes they dump on We The People.

It's fascinating that what required over 230 years to do in America is being undone in months by the Magic Niggro and his Gestapo gang of thugs.



He is such a god damn moron !!! Did he ever read a history or economics book in his life ? NO WAY - He just told his staff to print and spend. What a complete idiot and disaster tthis guy already is !!!
 
#9
Re: Where are all those stimulus jobs you dumb ass Obama ? You have spent Trillions !!!

seems with your rants that the word Moron is probably something folks have referred to your racist ass on a regular basis
 

brucefan

EOG Dedicated
#10
Re: Where are all those stimulus jobs you dumb ass Obama ? You have spent Trillions !!!

Friday, May 29, 2009

Government Owes a Record 63 TRILLION!


Leap in U.S. debt hits taxpayers with 12% more red ink


By Dennis Cauchon, USA TODAY
Taxpayers are on the hook for an extra $55,000 a household to cover rising federal commitments made just in the past year for retirement benefits, the national debt and other government promises, a USA TODAY analysis shows.

The 12% rise in red ink in 2008 stems from an explosion of federal borrowing during the recession, plus an aging population driving up the costs of Medicare and Social Security.

That's the biggest leap in the long-term burden on taxpayers since a Medicare prescription drug benefit was added in 2003.

The latest increase raises federal obligations to a record $546,668 per household in 2008, according to the USA TODAY analysis. That's quadruple what the average U.S. household owes for all mortgages, car loans, credit cards and other debt combined.

"We have a huge implicit mortgage on every household in America ? except, unlike a real mortgage, it's not backed up by a house," says David Walker, former U.S. comptroller general, the government's top auditor.

USA TODAY used federal data to compute all government liabilities, from Treasury bonds to Medicare to military pensions.

Bottom line: The government took on $6.8 trillion in new obligations in 2008, pushing the total owed to a record $63.8 trillion.

Link


NOW FREE HEALTHCARE FOR EVERYONE!:yikess


:doh1
 
#12
Re: Where are all those stimulus jobs you dumb ass Obama ? You have spent Trillions !!!

Hmmmm .... The 12% rise in red ink in 2008 ..... Bottom line: The government took on $6.8 trillion in new obligations in 2008, pushing the total owed to a record $63.8 trillion. UNDER BUSH 43 ..... LOL!!! ... THE RIGHTIES ARE TOO DENSE TO UNDERSTAND HOW DUMB THEY TRULY LOOK WHEN THEY POST THIS SHIT
 
#14
Re: Where are all those stimulus jobs you dumb ass Obama ? You have spent Trillions !!!

Lets see .... Prescott traded illegally with who? ADOLF HITLER .... Hitler and Bush 43: both claimed to be "reborn" ... Hitler - THULE SOCIETY .... Bush: S&B .... both with Identical Satantic cult teachings ..... Hitler used Gliewitz and Bush used 9-11 as False Terror Opps to justify starting wars ... Looks like Barack is following in the footsteps that should make the Bush Fascist crowd very happy !!!
 
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