Saturday, May 4, 2013

Dow Jones Reaches New All Time High, Making Republicans Look Like Fools


http://www.addictinginfo.org/2013/05/03/dow-jones-reaches-new-all-time-high-making-republicans-look-like-fools/

outbama'd again
The Dow Jones Industrial Average rose above 15,000 for the first time Friday following a solid US jobs report.
At 1429 GMT, the Dow reached 15,000.54, up 173.96, or 1.17 percent.
Article PhotoNormally this would be greeted with parades and confetti by the right wing who has insisted that the only way for the country to recover is for Wall Street and corporate America to make as much money as possible. Remember, the “job creators” will shower jobs on to the poor and middle class when they have all the money they could ever need. Yet there will be crickets from Fox and the right wing media. Why?
For real! Unemployment is skyrocketing under his disastrous economic policies! By “skyrocketing,” of course, I mean “lower then they were when he took office.” Today’s job numbers show an unemployment rate of 7.5%. No doubt Fox will make sure to mention that we’re not using the right metrics to determine unemployment and that the “real” number is much MUCH higher. 
Curiously, they only seem to apply this “unskewed” method to the last four years. Almost as if there’s no data before January 2009.
quick first guess "it makes Pres. look good" and null and voids all the millions of dollars of right wing rhetoric we have heard since 2008 late night behind close doors by republicans. did they get a does of humility yes guess didn't cure radical right wingism.
The United States economy created an estimated 165,000 jobs in April, averting fears of a sharp slowdown and pushing the unemployment rate to its lowest level since the end of 2008.
The latest jobs figures from the Department of Labor paint a brighter picture of the overall economy than other recent data, which had been weaker and prompted economists to warn of a spring swoon for the third year in row. Those worries had been heightened after the March jobs report, which initially showed the economy to have added just 88,000 jobs, much fewer than had been expected.
On Friday, however, the government sharply revised upward its estimates for job creation in February and March, concluding that the economy actually generated 332,000 jobs in February and 138,000 in March. The unemployment rate, which is based on a separatesurvey, fell by 0.1 percentage point to 7.5 percent, from 7.6 percent in March.
did anyone hear that progressives were cooking the numbers, yet? bottom line in spite of all their blocking and refusal to throw Americans a lifeline to get out of the pit they put us in is this Pres. has and is leading us out the republican can't admit that with out admitting everything, so game plan SSDD maybe this time we'll believe that it's all Pres.'s fault and they will save you if you let them, wasn't that a never seen again promise 2010 jobs?