Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Thursday, June 9, 2016

Exclusive — Donald J. Trump: Jobs Data ‘Shocking,’ ‘Only Going to Get Worse’ if Clinton

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by MATTHEW BOYLE8 Jun 2016Washington, DC3,096

Billionaire developer Donald J. Trump, the presumptive Republican nominee for President of the United States, told Breitbart News in an exclusive interview on Wednesday that the anemic economic growth —  just 38,000 new jobs in the month of May is a “shocking development.” 

Trump says that under the economic policies of President Barack Obama and former Secretary of State Hillary Clinton, things are “only going to get worse” because the “incentive” to do well in America has been destroyed by the institutional left.

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Trump said of the jobs numbers:

It’s a shocking development. It’s a shocking development, and it’s only going to get worse because so many companies are leaving our country because of taxes, because of regulations, because of so many other reasons and restrictions. There’s so many companies leaving the country and it’s literally a shocking number when you see that. If that were in China, if that were in some of these countries where they’d get down to 7 percent GDP, they’d raise the alarm systems. When I heard 38,000—it’s the lowest in seven years—when I heard that number I was absolutely shocked. Shocked in one sense, but not that surprised in another sense—because there’s no reason for us to be doing well. There’s so little incentive in the country—the incentives have been taken away. There’s so little incentive in the country. Obama has done a terrible job with the economy. The number of course—to show you how phony the number is, of course we have the lowest job number in 7 years with the 38,000, and the unemployment rate went down from 5 to 4.7 percent or whatever number it was.


Trump added that the unemployment rate’s fall from five percent down to 4.7 percent is a “phony” tumble, because people are not working anymore—and have given up trying to work in the Obama-Clinton economy.

“They’re phony numbers,” Trump said. “People have given up looking for work, and they’re taken off the unemployment rolls.”

He added that record high levels of Americans outside the workforce—now nearly 100 million who could be working—means the signs for the future are grim.

“Almost 100 million people are out of the workforce,” Trump said. “And those people are considered ‘employed.’”

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Trump said that under his administration, things will be different because he will create an environment conducive to economic growth and job creation. Trump said:

Number one, we’re lowering taxes. Very important, for the middle income, for everybody. We’re lowering taxes for everybody but big league for business so that business can thrive. That’s going to have a tremendous effect. But we’re lowering taxes. Number two, and very importantly, we’re going to make it very difficult for companies to leave our country—where they fire people and leave our country—and number three we’re not going to allow countries to devalue their currencies like they do without a penalty. So if China or other countries, like they do, devalue their currencies, they’re going to have to pay a very big penalty. In a way it’s a form of cheating.


More from Trump’s latest exclusive interview with Breitbart News after he and Clinton became the official presumptive nominees of their parties is forthcoming.

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2016 Presidential RaceBig Government,Economicsbarack obamaDonald Trump,economyHillary Clinton

Wednesday, May 11, 2016

Obama: Crime Created by ‘System,’ Successful People ‘Just Lucky,’ ‘Wasn’t Nothin’ You Did’

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by WARNER TODD HUSTON10 May 2016Washington D.C.3,476

In his commencement speech to the graduating class at Howard University last weekend, President Obama excused crime in the African American community as something fostered by an “unfair and unjust” system.

He also said successful people were “just lucky” and hinted they didn’t make their success; “It wasn’t nothin’ you did,” he insisted.

Obama appeared at the historically African American Howard University on May 7 to send the graduates off into the world with some inspiring words. But much of what the president said was less inspirational and more conspiratorial.

The president spent a large portion of the first 15 minutes of his speech properly impressing upon the minority students in attendance that they are living in an era of unprecedented opportunity. But even as he noted how far African Americans have come in America today, he said he would be speaking to the inequities blacks face.

Still, in the first half of his speech Obama did mention how far African Americans have come since he was a child. For instance, Obama praised pop queen Beyoncé and TV showrunner Shonda Rhimes as examples of how far African Americans have progressed since the Civil Rights movement began in the U.S. He also noted that blacks have come a long way in business and the law.

But finally, about twenty minutes into his speech, he did, indeed, get to the usual victim mentality all too often seen on the political scene today.

At one point Obama excused crime as a result of an “unfair and unjust” system and noted that success is all just “luck.”

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The president decried the judicial system and insisted blacks are being imprisoned unfairly.

“We can’t just lock up a low-level dealer without asking why this boy, barely out of childhood, felt he had no other options,” Obama said.

He went on to claim crime was a result of the system, not the actions of criminals.

“We have cousins and uncles and brothers and sisters who we remember were just as smart and just as talented as we were, but somehow got ground down by structures that are unfair and unjust,” he said.

That brought the President to his thoughts on success being more a result of luck than hard work.

“And that means we have to not only question the world as it is,” Obama intoned, “and stand up for those African Americans who haven’t been so lucky–because, yes, you’ve worked hard, but you’ve also been lucky.”

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As an aside, the President of the United States then told his audience of his “pet peeve.”

“That’s a pet peeve of mine — people who have been successful and don’t realize they’ve been lucky. That God may have blessed them; it wuddn’t nothin’ you did. So don’t have an attitude.”

This line invokes his “you didn’t build that” gaffe from 2012 when Obama insisted that people with a successful business “didn’t build that” on their own and that government was really the catalyst for success.

The President’s commencement message is essentially that if you are black in the U.S. and you are successful, it was just luck and most blacks are held down by an “unfair and unjust” system that won’t allow them to succeed.

Obama also raised eyebrows when he insisted that he never intended to create a “post-racial society” with his presidency.

“My election did not create a post-racial society,” Obama told the graduating class “I don’t know who was propagating that notion. That was not mine.”

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It was a speech that talkshow host Rush Limbaugh called “hideous.”

The President’s speech comes on the heels of years of releasing into the public tens of thousands of illegal immigrants who have been apprehended and convicted of committing violent criminal offensesincluding rape, drug dealing, drunk driving, and even murder.

Further, with his “national reentry” policy, Obama has also worked to soften or eliminate the consequences of committing serious crimes and ensure ex-cons are given the same advantages as lifelong, law-abiding citizens.

Obama’s own efforts are only emboldened by the efforts of the Republican leadership in the House of Representatives in pushing asentencing reform bill that some senators charge will release violent felons and drug traffickers back into the public.

Follow Warner Todd Huston on Twitter@warnerthuston or email the author at igcolonel@hotmail.com

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Big GovernmentCrimeObamaObama,economyJobsAfrican AmericansHoward University

Friday, December 7, 2012

New Jobs Numbers, AP/Yahoo! Show Liberal Bias

The new jobs numbers came out today, so liberal spin doctor, Christopher Rugaber at the AP launched a headline that the liberals at Yahoo.com were glad to prominently showcase on their front page"

"US economy adds 146K jobs, rate falls to 7.7 pct."

And for their sub heading:

"US economy adds 146K jobs; jobless rate falls to 4-year low of 7.7 percent; Sandy minor factor"


Well isn't that awesome? Well it WOULD be if these headlines really meant what they said. The truth is all over the body of the article and for at least that little bit of honesty, I give Rugaber a little bit of credit. 

He points out:


1.) "the unemployment rate fell to a four-year low in November from 7.9 percent in October mostly because more people stopped looking for work and weren't counted as unemployed."


OUCH.


2.) "The government noted that as long as employees worked at least one day during a pay period — two weeks for most people — its survey would have counted them as employed."


This is ridiculous. So an employer told me to come in twice last month to sweep up the floor and I am counted as employed?


3.) "Still, there were signs that the storm [Sandy] disrupted economic activity. Construction employment dropped 20,000. And weather prevented 369,000 people from getting to work — the most for any month in nearly two years. These workers were still counted as employed."


Besides the fact that this is more cooking of the books, am I the only one that finds it odd that a storm that destroys property would cause construction employment to drop? I digress...


4.) "In November, retailers added 53,000 positions. Temporary help companies added 18,000." 


So of the 146K jobs added, HALF of them are seasonal or temporary. This happens every year, so this cannot be unexpected. Yet the over-hyped headline seems to beg you to believe that these numbers are somehow great news.


5.) "...overall manufacturing jobs fell 7,000. That was pushed down by a loss of 12,000 jobs in food manufacturing that likely reflects the layoff of workers at Hostess."


Thank you, Organized Labor Unions.


So you can see that the FACTS in the article end up contradicting the tone of the headline, which is exactly what the propagandists on the left want you to believe. But on the outside chance the Kool-Aid drinkers actually read and understood the facts of the article, the author made sure to end it with not one but TWO excuses for Obama:


Excuse #1: Sandy - "The storm held back consumer spending and income, which drive economic growth. Consumer spending declined in October and work interruptions caused by Sandy reduced wages and salaries that month by about $18 billion at an annual rate, the government said." 


Excuse #2: Republicans not caving on Democrat demands to raise taxes, leading to what Obama propagandists call, The Fiscal Cliff - "Still, many say economic growth could accelerate next year if the fiscal cliff is avoided."

Wednesday, November 28, 2012

The Norquist Tax Pledge vs Fiscal Cliff

For those of you that don't know, Grover Norquist is a conservative activist who created an "Anti-Tax Pledge" for politicians to sign who are against any and all tax increases in order to let voters know where they stand. All over the news lately (or at least since immediately after the election) is what is called "The Fiscal Cliff." In a nutshell, the Fiscal Cliff is what we are told the country will fall over in January 2013 because of an automatic rise in taxes coupled with a mandatory sequestration on government spending which expert say will be devastating to the economy. What doesn't make sense is that liberals are fear-mongering the public into pressuring the Norquist Pledge Signers into caving in to raising taxes. It doesn't make sense because if nothing is done, taxes are set to raise automatically because the Bush Tax cuts expire. Tom Cohen of CNN says,

"With the U.S. economy showing more signs of improvement in its long recovery from recession, economists point to fears about higher taxes in 2013 as a potential threat to rising consumer confidence."

It seems to me that what I am seeing is very well executed plan by Democrats to put Republicans in a no-win situation: Either they violate their pledge and agree on a compromise which includes raising taxes which can be used against them when the higher taxes are blamed for stunting the growth of the economy even further, OR they can blame Republicans for sending us over the fiscal cliff by doing nothing, OR they can blame Republicans for the national deficit spiraling out of control if they keep their Norquist Pledge and pass legislation to not allow a raise in taxes.

What everyone should keep in mind is that taxes are the dollars earned by the hard work of people like you and I and redistributed to politicians to do with it what they want to. Money is power, so this effectively gives even more power to the Socialists in control of Washington.

Please do not fall for this fear mongering and focus on what's real. We don't have a TAX problem. While it might not be true for the bottom 47% of wage earners, the government gets plenty of our money, in terms of percentage of our income. We have a REVENUE problem. The BEST way to increase revenue is by ADDING more taxpayers by way of increasing the number of jobs (decreasing unemployment) and by increasing average wages (by fixing the economy). And honestly, the only reason we have a revenue problem is because the amount of revenue is nowhere near what the government spends, hence the national deficit. So we also have a major SPENDING problem. The biggest consequence of the current spending problem under the Socialists in control is that they are using a big chunk of the taxpayers money to pay able-bodied people to live comfortable enough to NOT work. This creates an unstable situation of reducing the need to work for people who would otherwise be able to earn enough to pay the taxes to increase the revenue that the government so desperately needs. The end result is a collapse, plain and simple. So Democrats are doing this free-stuff-givaway of taxpayer money in order to earn votes necessary to make such a giveaway possible all at the expense of the entire society, and possibly our beloved country as we have known it. What happens to the United States and her Constitution when the government that runs it and protects it dissolves? And are Democrats doing this knowingly or are they just ignorant of these consequences?

Thursday, November 22, 2012

God is the Foundation of Thanksgiving and why we give thanks.


George Washington's First Thanksgiving Proclamation, 1789



Whereas it is the duty of all nations to acknowledge the providence of Almighty God, to obey His will, to be grateful for His benefits, and humbly to implore His protection and favor; and Whereas both Houses of Congress have, by their joint committee, requested me to


"recommend to the people of the United States a day of public thanksgiving and prayer, to be observed by acknowledging with grateful hearts the many and signal favors of Almighty God, especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness:"


Now, therefore, I do recommend and assign Thursday, the 26th day of November next, to be devoted by the people of these States to the service of that great and glorious Being who is the beneficent author of all the good that was, that is, or that will be; that we may then all unite in rendering unto Him our sincere and humble thanks for His kind care and protection of the people of this country previous to their becoming a nation; for the signal and manifold mercies and the favorable interpositions of His providence in the course and conclusion of the late war; for the great degree of tranquility, union, and plenty which we have since enjoyed; for the peaceable and rational manner in which we have been enable to establish constitutions of government for our safety and happiness, and particularly the national one now lately instituted for the civil and religious liberty with which we are blessed, and the means we have of acquiring and diffusing useful knowledge; and, in general, for all the great and various favors which He has been pleased to confer upon us.

  And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech Him to pardon our national and other transgressions; to enable us all, whether in public or private stations, to perform our several and relative duties properly and punctually; to render our National Government a blessing to all the people by constantly being a Government of wise, just, and constitutional laws, discreetly and faithfully executed and obeyed; to protect and guide all sovereigns and nations (especially such as have shown kindness to us), and to bless them with good governments, peace, and concord; to promote the knowledge and practice of true religion and virtue, and the increase of science among them and us; and, generally to grant unto all mankind such a degree of temporal prosperity as He alone knows to be best.


Given under my hand, at the city of New York, the 3d day of October, A.D. 1789.

Given under my hand at the City of New York
The third day of October in the year of our Lord 1789.
George Washington



Tuesday, November 20, 2012

Sick Minded Corporate Greed

 Greed is defined as by Wikipedia as: " As a secular psychological concept, greed is, similarly, an inordinate desire to acquire or possess more than one needs. It is typically used to criticize those who seek excessive material wealth, although it may apply to the need to feel more excessively moral, social, or otherwise better than someone else."

  First part of the definition, ask yourself who decides where the cut off point of "more than one needs" ? Who is telling me I cant make more than X dollars or Im being Greedy ?  If you ask me that statement sounds like a union boss or a liberal because, the restrictions would be placed upon you by regulations and taxes which unions, democrats and liberals love to implement.  In the first week following obamas reelection he imposed over 6,500 new regulations. Unions donated over $300 million dollars in 2008 to elect obama regardless if the union members wanted to vote a different way.
Hostess Bakery was told by the union that a delivery drive will not carry both Hostess made Wonder bread and Twinkies in the same truck.  They also told Hostess that they will not pay for their own retirement nor their own health care. "The company cited the high cost of pensions and outstanding debt as the reasons for that filing. In October 2012, the company filed a plan with the federal bankruptcy court in New York. It called for an 8 percent cut to employees' wages, a reduction in health benefits, and a freeze in pension plan payments for over two years. In return, unionized employees would get a 25 percent equity stake in the company, two seats on its board of directors, and an interest-bearing note worth $100 million. The 8 percent wage cut was part of a five-year deal that included a 3 percent wage increase in the next three years and a 1 percent raise in the final year." Scout.com


  Second part of the definition states that Greed is "Typically used to Criticize those who seek excessive material or wealth".   Who in the world would criticize a man or woman that invents an amazing product that revolutionizes modern day life ?  Take for example the wealthiest sports player ever, he didnt start out wealthy and didn't become wealthy because of his ability to win in his sport, he became wealthy beyond belief when he created and invention that swept the nation of America and then the world.  This little invention was a bit pricy but the benefits it provided was obviously well worth it and the public agreed by purchasing over 100,000,000 million units since its conception in 1994.  If the man I speak of made a profit of $1 per unit sold he would have $100,000,000 million dollars in the bank and critics would say that's too much.  Why would a critic say this ?  Answer: Jealousy and GREED.  Seriously, who would not be proud of George Foreman and the Foreman Grill ?  We all are because he invented a product, took risk to bring it to market which created jobs for millions of people and helped Americans eat a little healthier. This is the Capitalist that I know and love.

  Who would have a "need to be excessively moral"?  Certainly not George Foreman.

Lastly, Humans for some reason find the need to constantly project their true feeling upon other people for example if you have a companion that constantly accuses you of cheating but you know in your heart and mind thats its it completely false and you honestly havent, the reason why they are doing this is because they are the ones who are doing the dirty deed of cheating.
For hundreds of years Greedy bastards like union thugs and democrats have used these tactics.  When they call a person a Corporate Fat Cat they say this because they have no clue how wealth is created.  They believe that to "Get" more money you have to take it from someone else and Capitalist know for a fact that its the opposite you have to give your ideas to the world in order to receive their praise and thanks which will arrive in the form of money.  If it doesn't you need to go back to the drawing board and find out what they do want.  This is Capitalism at its most basic form.  

Rush Limbaugh is correct when saying that Liberalism is a disease of the mind because of one simple thing, "GREED".

Sunday, November 18, 2012

Arizona Gun Store Owner Stands up against Obama and tells voters to get out.


The Southwest Shooting Authority in Pinetop, Ariz. posted a sign on its door and took out a newspaper ad declaring that if you voted for the president last week, you’re not allowed inside. 

“If you voted for Obama, please turn around and leave! You have proven that you are not responsible enough to own a firearm!” the sign states.

Reynolds told Fox News that as a small business owner, “If you are dumb enough to vote for Obama again – after four years of this — I don’t think you are responsible enough to own a firearm. I don’t care who it makes mad.”
He said he’s gotten support for his new policy from around the country — including one person who ordered hundreds of dollars worth of ammunition — but that there have also been lots of “vile, rude and hateful comments.”
“I hate it because my 17-year-old son answers the phone and they light into him,” Reynolds said. “They call us stupid rednecks and racist.”
Reynolds told Fox that no matter what happens, the sign is staying up.
“If we lose the whole business it doesn’t matter,” he said. “The bottom line is — my values.”


Monday, November 12, 2012

Obama Log #1: "Fiscal Cliff Looming?"

This will be my first of many (possibly thousands) of short posts on SickBias.com where I will log events, facts and news reports that support my theories of Barack Obama being a horrible choice for president, especially when you consider Mitt Romney was our alternative.

Today's topic is "The Fiscal Cliff"

Forbes does a good enough job explaining what exactly the fiscal cliff is in their article in this link, but what leaves me scratching my head is this simple question: If this problem is so important just days after the presidential election that both FoxNews and MSNBC have the topic dominating their coverage then why was this issue never brought up during the campaign season? Were they so distracted that they are just now thinking of this? Experts all agree that the fiscal cliff is going to directly effect the American economy, so why then in a presidential campaign that seemed to revolve around the phrase, "It's the economy, stupid!" did this suddenly-so-important topic get left out?

Some may argue that all those people most concerned with the economy were certain that Romney was going to win, and a President Romney would have fixed problems like this, just as he fixed budget problems in both the state of Massachusetts and the Olympics in 2004, Salt Lake City. But he is not, and will not be our fiscal savior, so all of the sudden this has become a major issue. Well that's just pathetic. It should have been part of our choice on election day - a vote for Obama is a vote for sending America off a cliff. It was withheld from the voters. We were no more informed in 2012 than we were when we voted for the stranger nobody knew about in 2008.

So for this first Obama Log, I would like to sum up by sarcastically saying thank you to all the Obama voters for putting us in this crisis. Because we all know good and well that an election of the successful businessman and former successful governor of Massachusetts would not have resulted in the domination of a "Fiscal Cliff" in the headlines. So if the "fiscal cliff" is such an important issue then why didn't you just cut out the middle man and support Romney for president?

Take a moment to thank a Veteran

 I pledge Allegiances to the Flag of the United States of America, and to the Republic for which its stands, One Nation under God indivisible with Liberty and Justice for All.


Saturday, November 10, 2012

Will She Survive?

My mother was bitten by a deadly snake a while ago. While her health was failing due to the venom coursing through her body, a doctor came running with a single vile of the antidote. He tripped and fell, smashing the bottle to the ground. Now my mother is at the fate of her own body being able to power through and rid it of this deadly toxin, or die trying.

This is an honest-to-God true story...

if by "mother" I mean "country,"

if by "bitten by a" I mean "plagued by the election of,"

if by "deadly snake" I mean "Barack Obama,"

if by "a while ago" I mean "four years ago,"

if by "health" I mean "economy,"

if by "venom" I mean "socialism,"

if by "coursing through her body" I mean "being implemented,"

if by "a doctor" I mean "American patriots,"

if by "a single vile of antidote" I mean "candidates Romney and Ryan,"

if by "he tripped and fell" I mean "the concerned citizens failed on election day,"

if by "smashing the bottle to the ground" I mean "eliminating any hope of reversing the effects of socialism being implemented,"

if by "her own body" I mean "the strength and will of freedom loving Americans."


Will she survive?