Tag Archives: U.S. Economy

Poll: Obama Five Times Worse Than Carter on Economy

Posted on + by Christopher di Spirito

Thursday, September 8, 2011 Still think President Barack Obama is viable in 2012? U.S. News & World Report published two new polls today find that just one third of the public believes President Obama deserves reelection, while five times more … Continue reading →

Posted in News, Politics, Polls, President Barack Obama, U.S. Economy, Worst President Ever | Tagged , , , , , | 6 Comments

Gallup: Obama Drops to 26% on His Handling of the Economy

Posted on + by Christopher di Spirito

Wednesday, August 17, 2011 President Obama’s poll numbers appear to be in free fall. The latest Gallup poll shows Obama hitting a new low of 26% approval on his handling of the economy, down 11 points since it was last … Continue reading →

Posted in News, Politics, President Barack Obama, U.S. Economy, Worst President Ever | Tagged , , , , | 12 Comments

China: ‘Dollar to Be Discarded by World’

Posted on + by Christopher di Spirito

Sunday, August 7, 2011 Prior to Standard & Poor’s downgrading U.S. debt from AAA to AA — the first time this has happened in American history, Guan Jianzhong, chairman of Dagong Global Credit Rating, said the currency is “gradually discarded … Continue reading →

Posted in China, International News, News, U.S. Economy | Tagged , , , | 5 Comments

Standard and Poor’s Downgrades U.S. Debt Rating to AA

Posted on + by Christopher di Spirito

Friday, August 5, 2011 Citing the increased burden of rising Federal debt, rating agency Standard & Poor’s downgraded the United States’ long term from AAA to AA for the first time in U.S. history. Standard and Poor’s is one of … Continue reading →

Posted in International News, News, U.S. Economy | Tagged , , | 18 Comments

America’s “First Black President” is a Disaster for African-American Middle Class

Posted on + by Christopher di Spirito

Friday, July 29, 2011 We know unemployment in America is horrendous. But for African-Americans, this is not the “great recession”: it’s the Great Depression. Black unemployment stands at 16.2% in many U.S. cities. Take Charlotte, N.C., for example. It is … Continue reading →

Posted in African Americans, Middle Class, News, President Barack Obama, U.S. Economy | Tagged , , , , , | 12 Comments

Unemployment Climbs to 9.2%

Posted on + by Christopher di Spirito

Friday, July 8, 2011 U.S. employment ground to a halt in June, as employers hired the fewest number of workers in nine months, dashing hopes the economy would regain momentum in the second half of the year. The unemployment rate … Continue reading →

Posted in News, President Barack Obama, U.S. Economy, Unemployment, Worst President Ever | Tagged , , , , | 13 Comments

China Has Divested 97 Percent of Its Holdings in US Treasury Bills

Posted on + by Christopher di Spirito

Saturday, June 4, 2011 President Obama and President Hu Jintao of China During a State Dinner on Jan. 19, 2011 China has dropped 97 percent of its holdings in US Treasury bills, decreasing its ownership of the short-term US government securities from … Continue reading →

Posted in China, International News, News, U.S. Economy, US Debt | Tagged , , , , | 18 Comments

America’s Middle Class Crisis: The Sobering Facts

Posted on + by Christopher di Spirito

Sunday, May 8, 2011 While Warrior Obama is riding high after sending the order to the U.S. Navy Seal team to kill Osama bin Laden, the president is tone deaf when it comes the dramatic economic crisis hitting America’s middle … Continue reading →

Posted in 2012 Election, Middle Class, News, U.S. Economy, Warrior Obama | Tagged , , , , | 12 Comments

The Cost of Catching, Killing Osama bin Laden: $3 Trillion

Posted on + by Christopher di Spirito

Saturday, May 7, 2011 The most elusive public enemy in American history was killed one week ago from two bullets wounds; one to the chest and one to the head. It all sounds so simple. If only this were true. … Continue reading →

Posted in 9/11, al-Qaeda, International News, News, Osama bin Laden, U.S. Economy, War on Terror | Tagged , , , , , , | 14 Comments

IMF Bombshell: Age of America Nears End

Posted on + by Christopher di Spirito

Monday, April 25, 2011 I guess deep down in our psyches, we knew this day would come. Just not this soon. For the first time, the International Monetary Fund announced a date for the moment when the “Age of America” … Continue reading →

Posted in China, International News, News, U.S. Economy | Tagged , , , | 16 Comments

Obama = $124 a Barrel Oil

Posted on + by Christopher di Spirito

Friday, April 8, 2011 Despite the Obama administration’s failed attempt to blame record gas prices on the growth of the economies of India and China, the real reason for record high gas prices is geopolitical. Reuters via Yahoo reports: Oil … Continue reading →

Posted in Gas Prices, News, President Pootie Tang, U.S. Economy, Worst President Ever | Tagged , , , , | 10 Comments

Obama’s Attack on Libya Helps Drive Oil to $105

Posted on + by Christopher di Spirito

Tuesday, March 22, 2011 Whether you support President Obama’s decision to attack Libya or not, one result of the U.S. military action is oil prices hitting $105 a barrel. On the New York Mercantile Exchange oil reached $104.97 per barrel … Continue reading →

Posted in International News, News, Oil, President Barack Obama, Worst President Ever | Tagged , , , , , | 8 Comments

President Pootie Tang Gets His Tax Cut Bill

Posted on + by Christopher di Spirito

Friday, December 17, 2010 By a vote of 277 to 148, with 112 Democrats and 36 Republicans voting “No,” the House of Representatives passed President Pootie Tang tax cut package which overwhelmingly favors Americans earning more than $250,000 a year. … Continue reading →

Posted in DINO Democrats, News, President Pootie Tang, Worst President Ever | Tagged , , , , | 14 Comments

Top 10 States People are Fleeing: New York Ranks No. 1

Posted on + by Christopher di Spirito

Sunday, December 12, 2010 In about seven weeks, we will be leaving New York for good. From the terrible winter weather to the highest property taxes in the U.S., living in New York is a miserable, grinding experience. And we … Continue reading →

Posted in New York, News, U.S. Economy | Tagged , , | 5 Comments

Mission Not Accomplished: U.S. Unemployment Reaches 9.8%

Posted on + by Christopher di Spirito

Friday, December 3, 2010 The U.S. economy added fewer jobs than economists expected in November as the national unemployment rate rose to 9.8%, dashing hopes that the recovery is gaining momentum. U.S. unemployment rate has now been above 9% since … Continue reading →

Posted in News, President Barack Obama, U.S. Economy, Worst President Ever | Tagged , , , , | 15 Comments

Obama Freezes Federal Salaries

Posted on + by Christopher di Spirito

Monday, November 29, 2010 President Obama is expected to announce today a two-year freeze of more than 2 million Federal employee salaries. The step is seen as the first implementation of his Cat Food Commission’s draconian recommendations to cut Federal … Continue reading →

Posted in Cat Food Commission, News, President Barack Obama, U.S. Economy | Tagged , , , , | 21 Comments

President Obusha’s Debt Commission Proposes Slashing Social Security Benefits

Posted on + by Christopher di Spirito

Wednesday, November 10, 2010 President Obusha’s so-called debt reduction commission is out with its first proposal and it includes slashing Social Security and Medicare, as well as reductions in income tax rates in exchange for curbing tax breaks, according to … Continue reading →

Posted in Medicare, News, President Barack Obama, Social Security, U.S. Economy | Tagged , , , , | 35 Comments

Obama Won’t Extend Bush-Era Tax Cuts for Rich

Posted on + by Christopher di Spirito

Wednesday, September 8, 2010 Fasten your seat belts because President Obama finally gets something right! The New York Times reports in a speech scheduled to be delivered in Cleveland on Wednesday, President Obama will rule out any compromise that would … Continue reading →

Posted in News, President Barack Obama, U.S. Economy | Tagged , , | 10 Comments