The results of Obamanomics

[krazen1211]

Stagflation is coming. Actually, it's here.

http://www.google.com/hostednews/afp/article/ALeqM5ia-HJiY5QFIl0DMhd82rOVICRI8w?docId=CNG.251a905ac90328d88a8e288a85e13e7f.71

Crisis still stalks the global economy with stagflation lurking and Japan set for recession this year despite moderate overall recovery, the OECD said on Wednesday, warning against complacency.

The Organisation for Economic Cooperation and Development held its 2011 global growth forecast steady at 4.2 percent in its latest semi-annual Economic Outlook report, but warned of negative uncertainty.

[krazen1211]

Is that the only measure of inflation?

Problem is if you're poor, falling property values doesn't do much good for you compared to skyrocketing gas and goods prices.

[krazen1211]

Let me try to explain, for the simpleminded, the misleading nature of CitizenX's diagram.

Suppose you are at sea in a leaky boat.

Being an Obamanoid, you decided to do something about the leak -- you make it larger.

So, instead of dealing with the leak, you snort some coke and do a little bailing.

The quantity of water you bail (being an Obamanoid you don't want to fix problems, you want to engage in bailouts), is less than the water coming in as a result of the damage you did to increase the lead.

The answer is simple, ignore the water streaming in and publicize the amount of water being bailed.

The problem is that this attempt at hiding the truth only works for the incredibily stupid, as the boat is continuing to sink.

To put this in statistics from the Bureau of Labor Statistics, the (not seasonally adjusted) number of persons in the population age 16 and over has increased since Bush left office while the number of persons employed has decreased!

Year          Month          Civilian Noninstitutional Population          Employed           Percentage

2008       December                     235,035,000                           143,350,000             61.0
2011          May                            239,913,000                           140,028,000            58.5

Instead of an incoherent rambling post you should illustrate your point with a graph.  Like this...



Obama reversed the job losing policies of Bush and started adding private sector jobs.  See how easy that is to understand?

It's amazing how that graph is constantly posted, and ignores the entire 2001-2007 period.

[krazen1211]

Carterism 2.0. Stagflation and malaise is upon most of us.