Unemployment rate rose to 9.1 percent.
Kliphnote: Hows the economy doing, Obama? Where the are the jobs you promised? The economy is getting worse!
Hows the national debt doing, Obama? Getting worse, by the day.
More people on Food Stamps.
Federal income tax, 47% pay none.
The top 5% pay 75% of the Federal income tax.
Hows Afghanistan going, Obama?
Hows the Middle East going, Obama?
Hows Israel going?
Do you have a way to save Medicare? Do you have a way to save Social Security?
Just what has Obama done that's turned out good.
Did you get your Value Added Tax (VAT) yet?
I bet your golf game is getting better.
To the Obama worshipers it's not his fault. He's great, the one, the Messiah.
I do remember how all you Left-Heads treated Bush. Seek help!
Employment growth slows sharply in May
Case worker Jessica Yon discusses eligibility for unemployed people at a jobs center in San Francisco, California February 4, 2010. REUTERS/Robert GalbraithOn Friday June 3, 2011, 12:05 pm EDT
By Lucia MutikaniWASHINGTON (Reuters) - The U.S. economy may be in for a prolonged period of soft growth as employers hired the fewest number of workers in eight months in May and the unemployment rate rose to 9.1 percent.
Nonfarm payrolls increased 54,000 last month, the Labor Department said, fewer than the most pessimistic forecast in the Reuters survey and just over a third of what economists had expected.
Sen. Rubio: "Where Is President Obama's Plan On Medicare?
DEBT CEILING: Moody's Just Threatened To Slash The US Credit Rating
Image: Beverly & Pack via flickr
Moody's is out with a comment saying that if there's no imminent progress on the debt ceiling fight, the US credit rating will be cut.
This makes total sense, and we applaud Moody's for doing their job: Identifying an imminent (real) issue, and sensibly advising (ahead of time) about what could be a threat to US debt holders.
This should help put an end to this idea that a technical default would be just fine, and that somehow all this brinksmanship would be good for US credit somehow.
Back in January, we called on Moody's to do exactly this: Threaten a ratings cut as a way of warning about the harmful effects of this fight.
They've done exactly that.
WASHINGTON – Where did all the workers go?
According to Media, Obama "Barely Paying Attention" To 2012;
More job seekers give up, reducing unemployment
Obama solicitor general: If you don't like mandate, earn less money
Share
PrintPresident Obama's solicitor general, defending the national health care law on Wednesday, told a federal appeals court that Americans who didn't like the individual mandate could always avoid it by choosing to earn less money.
WASHINGTON – Where did all the workers go?
The labor force — those who have a job or are looking for one — is getting smaller, even though the economy is growing and steadily adding jobs. That trend defies the rules of a normal economic recovery.
Nobody is sure why it's happening. Economists think some of the missing workers have retired, have entered college or are getting by on government disability checks. Others have probably just given up looking for work.
"A small work force means millions of discouraged workers, lower output in the future and a weak recovery," says Rep. Kevin Brady of Texas, the ranking Republican on the Congress' Joint Economic Committee. "Those are unhealthy signs."
By the government's definition, if you quit looking, you're no longer counted as unemployed. And you're no longer part of the labor force.
Silence, vagueness from Democrats on Weiner photo (AP)
AP - Publicly silent, fellow Democrats privately seethed Thursday over the distraction and furor surrounding the lewd photo sent from Rep. Anthony Weiner's Twitter account, even as he declared he was finished talking about it and wanted to move on.
According to Media, Obama "Barely Paying Attention" To 2012;
According to Schedule, He's Attended 18 Fundraisers In Past 60 Days
—Ace
They often say we bloggers are "jealous" of them.
Let me tell you something, and I'm only going to admit this once: You are correct.
No comments:
Post a Comment