Donald Douglas has the latest on a sharp jump in jobless claims
At LAT, “New jobless claims jumped sharply last week to 386,000“:
WASHINGTON — New claims for unemployment benefits rose sharply last week to 386,000, the biggest jump in more than a year as the labor market continued to show signs of struggling amid the weakening recovery.
The increase of 34,000 in initial jobless claims came a week after a dramatic drop to 350,000, the lowest level in more than four years. But that figure now looks like an outlier amid an avalanche of other data that show the economic recovery is stuck in low gear.
It just gets worse and worse. Obama has done nothing to help the economy. What he has done has served to hamstring domestic energy production, his EPA is waging a war on the coal industry, and businesses are afraid to expand because of all the regulations, and uncertainty on what tax rates will soon be. Then, of course, there is the start of Obamacare looming as well. There are more regs and penalties for small businesses there too. To me the evidence is pretty clear. This is the “fundamental change” Obama kept talking about in the 2008 campaign. He wants Americans to be dependent on the government. That IS the Collectivist dream that Obama, and his fellow Leftists have had for decades upon decades. Think of it like this, the more of us that depend on government, the more of us will feel that we must vote Democrat. Being dependent on government is almost like an addiction isn’t it? Americans will ultimately feel that they will lose their jobs, or benefits if they vote for any candidate that is not a Liberal. We must never allow that to happen.
Now you might not believe that Obama, and the Democrats WANT more people relying on government. But, consider that Obama recently gutted welfare reform. Also consider what Starr Parker has found
And what about those “shovel-ready jobs? You remember, all the jobs the stimulus was going to provide? The Other McCain wonders about all that stimulus money too!
Here is the press release from the Romney campaign:
ROMNEY FOR PRESIDENT RELEASES TELEVISION AD, “WHERE DID ALL THE MONEY GO?”
Boston, MA – Today, Romney for President released a new television advertisement titled “Where Did All The Money Go?” President Obama’s time in office has been marked by political payoffs to the donor class and layoffs for the middle class. He showered his friends with stimulus funds and sent millions of taxpayer dollars overseas. If we can’t trust him with our money, why should we trust him for another four years?
To View “Where Did All The Money Go?” Please See:http://mi.tt/OS7psJ
Where did it go? Can you say outsourced?