Tag Archives: Obama

Unemployment is down to 7.8% with an additional 17,000,000 out of Work

Before the recession began, 63 of every 100 people age 16 and over were employed. The percentage plummeted to 58.4 by the fourth quarter of 2009 and hasn’t moved far from there since.

The number of people employed is about the same: roughly 143 million. But the umemployment rate is 7.8 percent now compared to 5 percent in 2005. And there are 17 million additional Americans eligible to work, either unemployed and looking or not participating in the labor force.

Continued Here………….

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Stryker to cut 5% of workforce, Because of ObamaCare

Stryker, the Kalamazoo-based maker of artificial hips and knees, will cut 5% of its global workforce by the end of next year to reduce costs in the face of new fees on device makers required by the U.S. health care law.

The job cuts will reduce annual pretax operating costs by more than $100 million beginning in 2013, when the medical-device excise tax is scheduled to take effect, Stryker said Thursday in a statement. Stryker had more than 20,000 employees as of Dec. 31, according to Bloomberg News data.

Stryker expects to record $85 million to $95 million of the expense in the fourth quarter of 2011.

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Since Obamacare’s Passage, Millions Have Lost Employer-Sponsored Health Insurance

Throughout the Obamacare debate, President Obama repeatedly promised, “If you like your health care plan, you can keep your health care plan.” Now, Gallup reports that from the first quarter of 2010 (when Obama signed Obamacare into law) to the third quarter of this year, 2 percent of American adults lost their employer sponsored health insurance. In other words, about 4.5 million Americans lost their employer-sponsored insurance over a span of just 18 months.
Morning Jay: Obama Will Have Reelection Troubles With This Economy

This is not what the Congressional Budget Office (CBO) had predicted would happen. Rather, the CBO had predicted that Obamacare would increase the number of people with employer-sponsored insurance by now.

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In Reversal, More Americans Oppose Occupy Wall Street Than Support It

A new poll from Quinnipiac University finds that more Americans view the Occupy Wall Street protests unfavorably than positively.

Just 30 percent of Americans have a favorable view of the protests, while 39 percent do not. Among independent voters, the spread is 29-42 against — a warning sign for Democrats who are trying to bring the movement into the mainstream.

Last month, a CNN poll found that 32 percent of Americans supported the movement, while 29 percent viewed it unfavorably.”

Read more: http://articles.businessinsider.com/2011-11-03/politics/30353835_1_tea-party-movement-unfavorable-view-positive-views#ixzz1dAQNsdpc

Here Frank, This Ones for You! “a warning sign for Democrats who are trying to bring the movement into the mainstream.”

That’s You Frank isn’t it? a frickin Bill Board of advertising for the Socialist OWS movement on behalf of the Socialist Democratic Party.

Did you join the Actors Guild yet, I hear they support the Loons too.

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Hitler Discovers #OccupyWallStreet Is A Laughingstock

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