The BEST INDICATOR:
"US gasoline prices inch lower as supplies build" by Associated Press | June 27, 2009
NEW YORK - Pump prices fell every day this week, easing off a summer peak near $2.70 a gallon as US storage facilities swelled with unused gasoline. The national average for gasoline dropped less than a penny yesterday to $2.66 a gallon....
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"Republicans fault Obama on rising unemployment
WASHINGTON - Republicans concerned about the Obama administration’s big spending on economic stimulus, energy, and healthcare are asking, “Where are the jobs?’’House Republican leader John Boehner said yesterday in the Republican radio and Internet address that the administration was wrong:
“The president and Democrats in Congress claim this spending binge is necessary to put Americans back to work. They promised unemployment would not rise above 8 percent if their trillion-dollar stimulus was passed. Unemployment has soared above 9 percent. And now the president admits that unemployment will soon reach double digits. After all of this spending, after all of this borrowing from China, the Middle East, our children, and our grandchildren, where are the jobs?’’
Since President Obama’s stimulus plan to trigger job creation was passed, the economy has shed 1.6 million jobs. The administration has focused instead on its estimate that the stimulus has created or saved 150,000 jobs.
MAKES MY POINT for ME!
I have often noticed the disparity between the TENS of THOUSANDS of JOBS we are SHEDDING with the GREEN PROMISE of HUNDREDS!!!
"Green Stimulus Money Costs More Jobs Than It Creates, Study Shows
Every “green job” created with government money in Spain over the last eight years came at the cost of 2.2 regular jobs, and only one in 10 of the newly created green jobs became a permanent job, says a new study released this month. The study draws parallels with the green jobs programs of the Obama administration. President Obama, in fact, has used Spain’s green initiative as a blueprint for how the United States should use federal funds to stimulate the economy. Obama's economic stimulus package,which Congress passed in February, allocates billions of dollars to the green jobs industry."
Ever get SICK of arguing with a LIAR!!
That estimate comes from a formula that uses government spending and tax cuts to predict job growth. The formula has been used by Republicans and Democrats alike, but was built to predict, not count jobs. To count jobs, economists traditionally rely on Labor Department data on unemployment, manufacturing, and construction activity, and county-by-county and state-by-state job reports....
As if THEY were telling the truth!
I'll WAIT for the DOWNWARD REVISIONS if you know what I mean.
In January, Obama’s economic team predicted unemployment would rise no higher than 8 percent with the help of a $787 billion stimulus program. Obama aides have said the economy took a turn for the worse since their initial forecast.
So the GOVERNMENT and the PAPERS LIE, huh?
Boehner has seized on the administration’s revised forecast. He predicted that Democratic proposals on healthcare, stimulus, and energy would be bad for the economy....
Yeah, well, I posted what I said but the revolving door down there exposes you all, crapper! NOTHING CHANGES except WHICH SIDE of the FENCE the FOOLEY POLITICIANS play their games!
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