JTF.ORG Forum
General Category => General Discussion => Topic started by: Aces High on March 31, 2012, 05:37:08 PM
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http://www.financialsense.com/contributors/chris-puplava/stock-market-and-economy-heading-higher-whether-we-like-it-or-not
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Yes, the Dow Jones is doing well, but the economy is still very very sluggish overall and real estate just hit new bottoms.
Regardless, the main concern at this point seems to be unemployment and gas prices..... not the stock market.
While the unemployment has been skewed to appear like things are only 'moderately' bad with hiring... gas prices are currently a HUGE factor in Obama's chances.
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Yes, the Dow Jones is doing well, but the economy is still very very sluggish overall and real estate just hit new bottoms.
Regardless, the main concern at this point seems to be unemployment and gas prices..... not the stock market.
While the unemployment has been skewed to appear like things are only 'moderately' bad with hiring... gas prices are currently a HUGE factor in Obama's chances.
The big factor that goes a long way with the unwashed is that Bush 2 was known as an "oil man" and our sitting president paints himself as a man of the people... Notice how hardly a complaint is heard while gas prices are about the highest ever... They would have had GWB's head on a white house platter by now... As far as things looking better goes its only the things that the administration can tweak a bit with 2 trillion in funny money... The housing market is still a very big problem and despite all the smoke and mirrors the mortgage default numbers are getting ever worse... The entire global financial situation looks like a house of cards... About the only thing keeping the situation moving forward is the fact the media for the most part paints a positive picture and people for the most part are choosing to believe it... After election time whoever the winner is it will be quite a different story.
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Nothing will help the imposter to people like us, but those that voted for him, will probably vote for him again. I don't understand WHY they do NOT see the TRUTH! I am so dumbfounded by these obamabots. They really do NOT have a mind of their own. The only that truly scares me, is that he will be the imposter another 4 years. >:(
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They have quit recording what the unemployed are doing who have given up on finding jobs.. its still over 10% in some states and Obama care is not going to help businesses to hire or expand...We are just trickling along...Really a very poor economic record...don't be fooled.
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The economy in Florida is really bad here and most people I know around here are unemployed.