Tag Archives: US economy

US Economy is now a gigantic stagnant cesspool with turds floating at the top

The official unemployment rate last September was 9.1%. Today it is 8.2% but much of that difference is that millions are being shifted into those not being counted as part of the workforce anymore because they have supposedly just ‘dropped … Continue reading

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Some 4,400,000 US jobs lost in last 15 months

“Since the start of the recession in December 2007, the economy has shed 4.4 million jobs, with more than half purged in the last four months alone.” For more about this, see Reuters U.S. economy sheds 651,000 jobs in February

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French again put Americans to shame

Contrast the French to Americans once again, as they respond to their country’s elite government delivered handouts in a way today unimaginable in pacified Obama nation USA. Huge crowds join French strikes Meanwhile, in America, crowds actually turn out to … Continue reading

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The good news for America’s economy!

For the year 2008, the Dow fell 33.8 percent, for its bleakest year since 1931; the S&P skidded 38.5 percent; and the Nasdaq posted its worst year ever, with a 40.5 percent drop. That’s the good news! Capitalist world stocks … Continue reading

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$7.76 trillion

This just in from Bloomberg News- $7.76 trillion in guarantees (from the US government) For more about Bloomberg see wikipedia Bloomberg L.P. You heard it from the horse’s mouth and the horse is worried. Will the US Treasury itself collapse … Continue reading

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The junked out American economy

America is a junked out economy that only produces war and the crappiest delivery of health care at the costliest expense to all. It’s running on fumes just like General Motors. Running on fumes: GM could soon run out of … Continue reading

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Transferring bankruptcy from the private sector to the public sector

With all this bad private debt being hauled in by the US government hardly any notice has been given to the idea that the US Federal Government itself is putting itself at risk of default, too? In a way a … Continue reading

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