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March 8, 2013

More Sequester Please: 236,000 Jobs Added In February

During February, while talk about how the government was going to cut $85 billion in spending on March 1 got blanket coverage from every outlet that provides political or economic news, employers chose to add 236,000 workers to their payrolls.
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March 5, 2013

More Sequestration Please: Dow Hits All-Time High

Less than a week after mandatory minor spending cuts brought a tiny little dose of fiscal sanity to Washington, the Dow Jones Industrial Average has leaped to an all-time high.

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February 28, 2013

Pandora has announced that they will begin imposing a 40 hour free monthly mobile listening limit on users of their free music streaming service due to rising royalty costs for the music.

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October 18, 2012

388,000 people filed initial claims for unemployment benefits last week, a massive 46,000 increase over the previous week’s report that brings the measure to its highest level in four months.

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September 27, 2012

The faltering economy created by Barack Obama’s failed policies grew at a dismal annualized rate of 1.3% in the second quarter of 2012, which is a downward revision from the pathetic 1.7% the government had previously predicted.

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September 13, 2012

Jobless Claims Surge, Nearing 400,000

Weekly jobless claims spiked to 382,000 last week from an upwardly adjusted 367,000 the week before, topping analyst expectations by 12,000.

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September 5, 2012

Failed President Barack Obama has become fond of saying that 4.5 million jobs have been created during his disasterous Presidency. It’s a line that was parroted dozens of times during the first night of the televised clown parade otherwise known as the 2012 Democrat Convention.

Continue Reading “You Didn’t Build That: CNN Blows A Hole In Obama’s 4.5 Million Job Lie” »

August 3, 2012

Obama’s Unemployment Rate Rises To 8.3%

The Unemployment Rate under Barack Obama’s dismal economy rose to 8.3% in July, marking Obama’s 41st month of Unemployment over 8%.

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August 2, 2012

Obamanomics: Jobless Claims Rise Again

Barack Obama’s stagnant economy saw first-time jobless claims rise again, up to 365,000 last week.

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July 27, 2012

US Economic Growth Stalls

 

US Economic growth sputtered and stalled in the second quarter of 2012, with the Gross Domestic Product slowing to a 1.5% growth rate.  Consumer spending, which accounts for almost 3/4 of economic activity, also wound down to a paltry 1.5%.

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