If you want proof of
Obama's abysmal economy these nine charts from the Federal Reserve Bank
in St. Louis will do it. If you want more of same, maybe even worse,
vote for Hillary. http://www.wnd.com/2016/03/obamas-economic-recovery-in-just-9-charts/ Thanks to Jim Cook for sharing.
This item provides a comparison of Obama and Trump approaches to economics. The differences are stark. http://www.wealthauthority.com/articles/trump-vs-obama-global-economies/
The political left has over
and over again proved it is wrong on the economy. Quote: "According
to Barack Obama and Hillary Clinton, the economy is in great shape and
safe from another financial crisis. And more liberal policies to better
distribute the benefits would deliver Americans into another golden age
but the facts belie all this. The facts belie all this. Obamacare,
state and local minimum wages laws, new federal overtime rules, and
disincentives to work imposed by the recent buildout of federal social
programs have raised the cost of hiring workers.
Higher businesses taxes — especially for smaller enterprises — and
tougher regulations have pushed up the cost of deploying capital.
Consequently, Americans are suffering through one of the weakest recoveries on record, and conditions in Europe are no better. http://www.newsmax.com/Finance/PeterMorici/deutsche-bank-hillary-clinton-economic-crisis/2016/10/17/id/753747/?
The sad saga of the Obama
economy is expected to continue throughout the remainder of his time in
office. As this item points out, it is a testament to his failed
policies. http://townhall.com/columnists/donaldlambro/2016/09/16/obama-economy-continues-to-struggle-n2218694?
Former Fed Chairman Greenspan says "US Has Grown 'Scarcely at All" in Last 5 Years". http://www.newsmax.com/Finance/StreetTalk/alan-greenspan-economy-growth-entitlements/2016/12/15/id/764108/?
Quote: "Former Reagan
economic adviser David Stockman urges President-elect Donald Trump to
remove Federal Reserve Chairman Janet Yellen as soon as possible because
she orchestrated the “massive bubble” he sees in the record-setting
stock-market rally.
“She out to be put out to pasture as soon as possible,” he told Fox Business Network. "Ask
for resignation on January 20th because unless this bubble is lanced,
there is a huge bubble in these markets, the Trump administration is
never going to come out the other side.” And, "... he would be well
advised to clean house, if you want to drain the swamp, the place to
start is in the (Federal Reserve) building because where this entire
false economy, this big fat, ugly bubble that Trump talked about during
the campaign actually originates.”This is not a good outlook for our nation's economy. http://theeconomiccollapseblog.com/archives/we-are-being-set-up-for-higher-interest-rates-a-major-recession-and-a-giant-stock-market-crash
This item examines what happens when a nation's currency fails. Quote: "Elected
politicians don’t really hold the power. It’s unelected central banks
who wield totalitarian control over the lives and livelihoods of other
people. It’s as if they’re presiding over some sort of
financial death panel, determining who thrives and who gets crushed.
And I’m convinced that at some point in the future, our descendents will
study this period of history with utter astonishment at how we could
have allowed ourselves to be dominated by such a bizarre system." http://www.zerohedge.com/news/2016-12-08/heres-what-happens-when-currency-completely-breaks-down?
The timing of Trump's ascension to power is coming at an inconvenient time. http://patriotpowerednews.com/trump-about-to-preside-over-new-global-financial-crisis-not-his-fault-merely-his-misfortune/
Carl Icahn thinks things Trump is doing are boosting the nation's economy. http://www.newsmax.com/Finance/StreetTalk/carl-icahn-donald-trump-stock-markets-economy/2016/12/08/id/763012/?
Fake news based on the
government's monthly jobs report opens up all kinds of opportunities to
mislead given your point of view. The government takes one point of
view while skeptics take the data and render different points of view.
http://finance.yahoo.com/news/the-jobs-report-is-the-original-fake-news-200745886.html?aid=7236
If you think the economy is
recovering, think again. Quote: "In its final report before next
week's presidential election, the Bureau of Labor Statistics said on
Friday that 94,609,000 Americans are not in the labor force, 425,000
more than last month's 94,184,000, and the second highest number on
record. The labor force participation rate dropped a tenth of a point
to 62.8 percent. In other words, 62.8 percent of the
non-institutionalized, civilian population over the age of 16 is either
employed or are actively looking for work, while the other 37.2 percent
is not working or even looking. Adding to Obama's hutzpah, get this.
This economic nincompoop thinks he is in a position to counsel the next
president as to what economic polices he/she should follow. What is
laughable about this is his economic performance has been the worse
since the Great Depression." http://www.thegatewaypundit.com/2016/10/worst-economic-president-since-great-depression-offers-economic-advice-next-president/
More regarding the health of the economy. According to the Washington Examiner, "A
new report on the economy finds that productivity growth is at a
50-year low and that much of the positive talk about the nation’s
financial situation in the last election, much of it coming from the
administration, was a lie. The report from the U.S. Council on
Competitiveness and Gallup finds that for many, the economy is in
reverse despite claims that there is an active recovery ongoing,
complete with new jobs." http://familysurvivalheadlines.com/moving-backwards-despite-claims-of-a-recovery-economy-is-in-reverse/
This summarizes the Obama economy. It is not pretty. http://www.wealthauthority.com/articles/a-sobering-review-of-the-summer-job-boom/
If Hillary is elected what we know about her plans things will get
worse. Do not for one minute believe her when she says her economic
plan is better than Trumps. She is far, far, far from understanding
anything related to economics and business operations. As Trump says
she is all talk and no action. Actions she does take usually turn out
to be disasters. That's the evidence.
This
Wall Street economist says Trump is who we want in the White House. He
lays out his reasons why. Quote: "Take it for someone who works on
Wall Street: Trump will boost the economy." http://ijr.com/opinion/2016/10/260837-scott-ruesterholz-pending/
If
you think the global banking system is in good shape you will be
surprised to learn that the IMF says one third of all banks are in
trouble. https://www.wholesaledirectmetals.com/dire-warning-from-the-imf-a-third-of-all-banks-in-danger-of-collapse/?
An example of the left's unbearable hypocrisy. http://theresurgent.com/as-trump-heads-to-the-white-house-the-left-suddenly-cares-about-the-national-debt/
Harvard study slams Obama
economic programs. Quote: "Although many Americans have long suspected
it, until recently, hard evidence of the progress of the U.S. economy
being not as rosy as the administration of President Obama has trumpeted
was scant. However, a new study by Obama’s alma mater, Harvard
University, shows in nine charts that the myth of the post-2008 “Obama
recovery” is just that — a myth." http://www.wealthauthority.com/articles/a-new-harvard-study-shows-serious-economic-problems/
Obama's illegal executive orders have/will cost innocent Americans a bundle of money. Quote: "The Washington Free Beacon reported
yesterday that just nine executive orders from President Obama cost the
American taxpayers $31 billion. An order creating a new repayment plan
for student loans, for example, will cost $15.4 billion. Delaying the
employer health mandate under Obamacare cost taxpayers $12 billion, and
changing cost sharing provisions for Obamacare insurers cost $3 billion.
New overtime rules will cost hundreds of millions, and additional
background checks for firearms transfers will cost $5.5 million." http://www.conventionofstates.com/congress_power_of_the_purse_president_holds_strings?
This item does a good job
of discussing the out of control spending of our federal government. If
not brought under control, disaster is sure to follow. https://www.wholesaledirectmetals.com/dire-warning-from-the-imf-a-third-of-all-banks-in-danger-of-collapse/?
Mindless leftist supporters
of the minimum wage laws need to have their heads examined. Quote:
"Most economists agree that the minimum wage harms people. Research from
a Federal Reserve scholar found that the overwhelming number of
credible studies show job losses following from minimum wage hikes.
Other studies routinely find that minimum wage hikes harm the people
they're supposed to help." http://thehill.com/sponsored/content/303291-artificial-wage-hikes-pricing-people-out-of-jobs Here is a big consequence of their push to increase the minimum wage. http://www.forbes.com/sites/realspin/2016/11/29/thanks-to-fight-for-15-minimum-wage-mcdonalds-unveils-job-replacing-self-service-kiosks-nationwide/#54842318762e
If you don't think
companies are laying off American workers and replacing them with
immigrants you are wrong. Dell is doing just that. Quote: "In what
sounds almost too unreal to be true, Dell Technologies (formerly known
as simply Dell) is in the process of laying off 3,000 American workers,
but wants to hire more than 5,000 workers from India and other countries
who would come to the U.S. on H1-B visas to work for them. Of course,
the foreign workers will be paid less than their American counterparts.
For those people in the tech industry, it’s a familiar story; companies
such as Microsoft, Facebook and Intel have all been lobbying the
Democratic Clinton presidential campaign and the Obama administration to
change the rules about how many workers can be admitted to the country
on H1-B visas." http://www.americanlibertyreport.com/articles/dell-computer-company-an-american-tale-of-betrayal/
The policies of the United States government are the facilitators of
this problem. Tax and immigrations policies are at the root of this
phenomenon. The government and big business are colluding to
replace American jobs with non-Americans. Crony capitalism at work.
This explains that H1-B
visa workers are hired to replace American workers who as a condition of
being laid off must train the H1-B replacement. https://www.numbersusa.com/news/judge-nixes-tech-workers-rico-claim-against-disney How does that strike you? US laws are more favorable to foreign workers than Americans.
If you have the
false belief that Hillary has good intentions and good ideas about how
to improve our economy you need to read this example of why her policies
and action always have her interests at heart. The good people of
Buffalo had the unfortunate opportunity to be buffaloed by Hillary while
working to get NY voters to put her in the Senate. Here' the story. http://articles.latimes.com/2007/jul/30/nation/na-buffalo30
She is campaigning on similar false notions and is trying to buffalo
the whole of the American public in this election to make mistake this
time of believing she cares for the interest of the people more than
herself. Let's not fall for another one of her buffalo gambits. She
has no clue how to oversee a robust economy.
Democrat redistributive economics is not selling to most current day voters. This item explains. http://townhall.com/columnists/michaelbarone/2016/10/07/robin-hood-economics-falls-flat-in-debates-n2228891?
Please pay attention to
what this man has to say. It is the truth and must be recognized as
such or our country will crash for sure. http://townhall.com/columnists/thomassowell/2016/10/04/the-academic-curtain-n2227794?M
More evidence of government fraud. http://www.wealthauthority.com/articles/the-latest-census-figures-on-americans-income-are-probably-a-fraud/
Does anyone still think
Obama knows how to govern and is an expert in economics? If so,
consider what his "wise" over regulating of the economy at huge cost to
the economy, at a cost of $80 billion and loss of 150,000 jobs. http://freebeacon.com/issues/report-obama-administrations-labor-regs-cost-economy-80-billion-150000-jobs/?
This is a good assessment of the implications of excessive regulation of businesses. http://www.americanthinker.com/articles/2016/10/who_are_the_real_fascists.html
George Burns
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