{"id":3579,"date":"2012-07-19T15:37:58","date_gmt":"2012-07-19T19:37:58","guid":{"rendered":"https:\/\/www.urbin.net\/blog\/?p=3579"},"modified":"2012-07-19T15:37:58","modified_gmt":"2012-07-19T19:37:58","slug":"a-quick-check-of-the-economic-health","status":"publish","type":"post","link":"https:\/\/urbin.net\/blog\/economy\/a-quick-check-of-the-economic-health\/","title":{"rendered":"A quick check of the economic health"},"content":{"rendered":"<p>Ok, we&#8217;re three and half years into the Obama Economy, let&#8217;s see where we are.<\/p>\n<p><a href=\"http:\/\/www.bls.gov\/news.release\/empsit.t15.htm\">The Real unemployment rate is 14.9%<\/a><\/p>\n<p>For the past three months in a row\u00a0<a href=\"http:\/\/www.weeklystandard.com\/blogs\/americans-joining-disability-outpaces-americans-finding-jobs_648660.html\" target=\"_blank\">more Americans are going on disability rolls than are finding jobs<\/a>.<\/p>\n<p><a href=\"http:\/\/www.politico.com\/news\/stories\/0712\/78637.html\">President Barack Obama\u2019s Jobs Council hasn\u2019t met \u00a0for six months<\/a>. \u00a0Clearly, job creation is not an issue our <em>Dear Leader<\/em> is very concerned about.<\/p>\n<p>Expect your grocery bills to go up, since <a href=\"http:\/\/blogs.smartmoney.com\/advice\/2012\/07\/18\/rising-corn-prices-and-your-grocery-bill\/\">corn prices are at record highs<\/a>. Next time you are at the market, take a look at what you are putting in your cart and how much of that is made with high fructose corn syrup. \u00a0Don&#8217;t forget the federal\u00a0regulations\u00a0requiring corn based\u00a0ethanol\u00a0in gasoline next time you are at the gas pump.<\/p>\n<p>Obama&#8217;s Energy Department is \u00a0&#8216;<a href=\"http:\/\/cnsnews.com\/news\/article\/energy-dept-unable-locate-500000-equipment-bought-stimulus-money\">Unable to Locate&#8217; $500,000 in Equipment Bought With Stimulus Money<\/a>.&#8217; \u00a0That is a half million tax payer dollars! The Energy Department didn&#8217;t earn that money, somebody else did (i.e. working Americans who pay federal taxes), and the &#8220;most transparent administration ever&#8217; owes the American people a higher level of\u00a0transparency\u00a0than &#8221;\u00a0it would not be &#8220;appropriate&#8221; to release the name of stimulus-money recipient where the $500,000 worth of equipment could not be located.&#8221;<\/p>\n<p><a href=\"http:\/\/nalert.blogspot.com\/2012\/07\/gary-shilling-25-out-of-last-27-times.html\">25 Out Of The Last 27 Times Retail Sales Collapsed Like This We Were In A Recession.<\/a><\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10000872396390444097904577535322022316422.html?mod=WSJ_hppMIDDLENexttoWhatsNewsSecond\">The Federal Post Office can&#8217;t make a payment to its retirement fund<\/a>.<\/p>\n<p><a href=\"http:\/\/www.cnbc.com\/id\/48239619\">New unemployment claims are back up again<\/a>.<\/p>\n<p>Don&#8217;t worry though, <a href=\"http:\/\/www.realclearpolitics.com\/video\/2012\/06\/08\/obama_the_private_sector_is_doing_fine.html\">President Barry says that the Private Sector is Doing Just Fine<\/a>.<\/p>\n<p>Oh, right, <a href=\"http:\/\/www.realclearpolitics.com\/video\/2012\/06\/08\/obama_backtracks_its_absolutely_clear_the_economy_is_not_doing_fine.html\">reality forced him to retract that statement<\/a>.<\/p>\n<p><strong>Update<\/strong>: Here are a few more items.<\/p>\n<p><a href=\"http:\/\/www.rttnews.com\/1926756\/u-s-existing-home-sales-unexpectedly-drop-to-eight-month-low.aspx?type=fts&amp;Node=B3\">U.S. Existing Home Sales <em>Unexpectedly<\/em> Drop To Eight-Month Low<\/a>. \u00a0After three and a half years of the Obama Economy, items like this shouldn&#8217;t be &#8220;unexpected.&#8221;<\/p>\n<p>Factory activity\u00a0<a href=\"http:\/\/www.cnbc.com\/id\/48240333\">contracted for a second month<\/a>\u00a0in a row.<\/p>\n<p>Consumer confidence\u00a0<a href=\"http:\/\/www.breitbart.com\/Big-Government\/2012\/07\/18\/Poll-63-Believe-Country-In-Recession-Consumer-Confidence-Dropping\">dipped to 84.7<\/a>.<\/p>\n<p>Yet <a href=\"http:\/\/nomosshere.tumblr.com\/post\/27569687599\/thealexandrian-cartoon-of-the-day-mitt\">all leftists want to talk about is Gov. Romney&#8217;s taxes.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ok, we&#8217;re three and half years into the Obama Economy, let&#8217;s see where we are. The Real unemployment rate is 14.9% For the past three months in a row\u00a0more Americans are going on disability rolls than are finding jobs. President Barack Obama\u2019s Jobs Council hasn\u2019t met \u00a0for six months. \u00a0Clearly, job creation is not an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6,50,52,19],"tags":[140,262,414,574,584,621,738,839],"class_list":["post-3579","post","type-post","status-publish","format-standard","hentry","category-economy","category-obama-economy-politics","category-bho-politics","category-politics","tag-barack-obama","tag-democrat","tag-incompetent","tag-obama-economy","tag-one-term-president","tag-politics","tag-stuttering-clusterfuck-of-a-miserable-failure","tag-worst-president-ever"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pab4zg-VJ","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts\/3579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/comments?post=3579"}],"version-history":[{"count":0,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts\/3579\/revisions"}],"wp:attachment":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/media?parent=3579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/categories?post=3579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/tags?post=3579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}