Archive for August, 2009

Obama’s Smoke & Mirrors Economic Recovery

Saturday, August 1st, 2009

Unemployment USA


Via Hot Air

Initial applications for unemployment benefits continues to rise under Obama’s watch—for the week ending 25 July, new claims for benefits rose 25,000 as more than 584,000 American’s applied for unemployment benefits for the first time.

Obama and his MSM propagandists claim that the dip of  just 1% in the GDP in the second quarter is much better than expected providing the strongest signal yet, that the economy is headed in the right direction.

Kurt Nimmo—Infowars: Here is what Obama and the MSM did not report…the GDP is highly prone to revisions, the numbers may change plus or negative 2% or more over the next few months.

Quarter 1 was revised to -6.4% from -5.5% so even though Quarter 2 beat the consensus of -1.5% overall we’re in worse shape than expected…the GDP does not take into account Obama’s $1.5 Trillion Dollar Deficit.

Rest here from Ancavge