President Obama said yesterday that "the private sector in America is doing just fine "........Can anyone explain that ! Without poor excuses that is ?
I think the prez backtracked on that statement. I think he meant to say that the private sector is doing better than the public sector.
Well let's see, Corporate profits are up, the private sector is employing progressively more people. The private sector is doing fine. Not great just fine.
LOL, Bill Maher predicted this would be a right-wing talking point today. You just proved him right.
Bill Mayer! Well if there's one thing thats important to me is proving a comedian right! Right ! Pres. Obama s' a pretty funny guy too! But I wish he were a real leader.
You mean like Bush? He was hilarious! But not on purpose.
Wow! If we only had Sarah now to fix things up for us. And with the stress of the job, she would probably have her finger on the nuclear button by now. But I suppose those who supported her would be happy, right?
This article should perk folks up...
"U.S. debt load falling at fastest pace since 1950s
Commentary: Despite surge in federal deficit, America is de-leveraging"
"Everyone knows America has too much debt. What they don’t know is that things are getting better, not worse."
"Little by little, our economy is reducing its debt burden, slowly repairing the damage caused by 10, 20 or 30 years of excess."
http://www.marketwatch.com/story/us-deb … 2012-06-08
I saw the speech and it made perfect sense. The economy is rough and we need to add more jobs. The priivate sector is doing good compared to the government sector which lost 200,000 worker in the last 3 years (while the private sector added 4.5 million jobs). I see nothing wrong with federal funds going to keep fire people, police, and teachers on the job. Fox and Romney played a game with it. But it's purely blowhard nonsense.
An interesting statistic when they say the private sector added 4.5 million jobs, like the thousand jobs at Solyndra that no longer exist, like the 45,000 new jobs they say the automotive industry created but actually was that they did not layoffs those 45,000. Imagine that, a new job because he didn't get laid off, Obamanomics in action.
By the way if you fall for that line of 27 months in a row of new job creations, go back to July and August of last year, one month at zero creation, the other one was -56,000. So much for that 27 months in a row.
Okay soooo, let's do it this way ! Tell us all, and list something [anything] positive that Pres. O has done and accomplished in the last 4 years. Tell us why we should vote for him! And the accomplishments have to be his ! Not something started by Bush!
by Moderndayslave 5 years ago
With wages adjusted for inflation either stagnant or losing ground and commodities and the cost of living going up. Is the US economy being systematically gutted or is this just a coincidence? What's your opinion and why?
by Mike Russo 4 years ago
During Obama's state of the union speech, he stated that he wants the minimum wage raised and is going to raise it for federal employees. He implied this will create jobs. The republican party countered with: Where are the jobs?" House Republican Conference Chair Cathy...
by ga anderson 4 years ago
I stole this from another thread, so the topic could be discussed without further hijacking the thread it was on. I hope that was OK.John, I am not putting forth criticisms for you to defend. I do not know enough about MMT to hold an intelligent conversation about it. I was merely pointing to...
by Jack Lee 42 hours ago
This is not a political question but a fact checking question. Just curious how the people have been affected by the shut down?For me, not one bit. If the news did not report on this, I would not know it. I live in Westchester county NY about 1 hour north of NYC. I am retired, my social security...
by JON EWALL 7 years ago
Just recently a report came out regarding employment.The report stated that the average pay in the private market was $40.00/hr. and the average pay in the public sector was $70/hr.In the public sector the fringe benefits also are higher.Could it be that in the public sector 50% of the workers are...
by Susan Reid 6 years ago
This is from FORBES. I am posting the whole article for your consideration:In tonight’s debate we saw a transformed Barack Obama, and it made a very big difference. In the first debate Governor Mitt Romney was relaxed and confident and in command; Obama was practically absent. Tonight, Obama was...
|HubPages Device ID|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Google Analytics|
|HubPages Traffic Pixel|
|Google Hosted Libraries|
|Google AdSense Host API|
|Conversion Tracking Pixels|
|Author Google Analytics|
|Amazon Tracking Pixel|