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Still Bush's fault?
Still the fault of the House of Representatives?
Still not the fault of the Senate?
Stall not the fault of the President?
U. S. stocks declined for a second straight day Thursday amid ongoing weakness in Europe, a slew of economic reports and quarterly results from Wal-Mart.
Is there a question in there somewhere??
Which is more likely?
A) from early 2008 to the present, all the leaders of developed countries suddenly became economically incompetent and - totally coincidentally - all of their economies started struggling and are still struggling because the leaders are still incompetent.
B) there was a worldwide financial crisis whose fallout is still affecting world economies and likely will continue to do so for another decade.
I say B and the fact that America is recovering better than just about every other developed nation speaks well of Obama (if you want to lay all the blame on the president).
Time to Buy!!!!!!!! I love this.
Keeping the sunshiners in check since 2000.
Initial claims for state unemployment benefits increased 20,000 to a seasonally adjusted 362,000, the Labor Department said on Thursday. The prior week's claims figure was revised to show 1,000 more applications received than previously reported.
Read more: http://www.foxbusiness.com/economy/2013/02/21/weekly-jobless-claims-rise-more-than-expected/#ixzz2LZEuMmRZ
Question authority. Power to the people
Four by my count.
Faced with delayed tax refunds, an increased paycheck tax bite and higher gas prices, U.S. consumers are proceeding cautiously and scaling back, a trend that has already impacted one large retailer's bottom line.
Nearly three-quarters of those polled by the National Retail Federation said their spending plans are taking a hit due to the expiration of a two-percent cut in payroll taxes that made consumers do a double-take on their paychecks at the start of the year. Lower-income consumers are already feeling the pinch, analysts said.
Faced with a deferred tax refund, an increased tax bite to their paychecks and higher gas prices, U.S. consumers plan to scale back.
Actually I like "C"...both of the above...
We have a global melt down due to unregulated finanicial recklessness combined with stupidity in the EU and in the Conservatives in the US who want to double down and reduce government deficts at a time when we should be doing the opposite...
Lurking on tRCMB since 1996
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