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Friday, July 19, 2019
HomePosts Tagged "Economics" (Page 37)

Millions of Americans are struggling and economic disparity is growing. The false promise of “fairness” has not, and never will, deliver on the its promises; nor will the politicians who profess them. The Bureau of Labor Statistics jobs reports for 2013, have demonstrated this disparity, as the only private sector jobs come from wealthy positions, and service positions who take care of the wealthy. Don’t take my word for it – read the reports for yourselves below. The American manufacturing sector is on life support, and with it, the millions of Americans who make up – or did make up – middle class America.

Last quarter GDP revisions are in, and they are not good. The economy grew at an anemic 0.1% as opposed to earlier estimates of -.01%. As President Obama campaigns around the country with his message of “scarequestration,” he has been warning that the economy could experience losses totaling over 700,000 jobs. Curiously, that figure is strikingly similar to the Ernst & Young study warning Obama’s tax hikes would cause approximately 710,000 Americans to lose their jobs. Hmm?

As President Obama is set to give his State of the Union address, conservatives pundits are kicking around whether or not he will give the left another wink and a nod as he did with his inaugural address. They have good reason to suspect that considering his track record. In past SOTU speeches, the president was called a liar in the middle of his sentence, and let’s not forget Justice Alito mouthing “not true.” There are two major considerations that conservatives are ignoring.