America on Verge of Economic Collapse Because of Obama's Cooked Reports
News Blaze ^ | 2/18/12 |
Posted on Sunday, February 19, 2012
the Obama administration has released an economic report that claims everything is coming up roses, and it is making the rounds of the MSM's news outlets. Truth is, when you look into the numbers, it's rather easy to come to the conclusion that the economic reports are as screwy as the administration's employment numbers. In order to convince Americans that his economic measures are working, Obama is claiming there has been an increase in retail sales from December to January by a seasonally adjusted .4%. The administration goes on to explain that while the economy is moving in a positive direction, it is still slow. They also point out that the recently reported gains reduced unemployment to 8.3%, proving that Socialist economic policies are working. However, Obama's unemployment numbers have since been proven to be lies. Have I stated that we are in an election year and that Obama needs to get re-elected in order to continue transforming the greatest country in the history of mankind into a Soviet style basket case? To assist in the destruction, the MSM has been knowingly repeating this administration's lies.  Instead of reporting how America's real unemployment is actually up between 19 and 25%, they report that Obama has been able to get unemployment down to 8.3%. Instead of reporting that the government is spending more money than it is taking in, and that retail sales have dropped by almost $100 billion from December to January, we are told by the administration's propaganda machine that retail sales have increased by .4%. In an election year, the MSM will do everything in their power to convince Americans that Obama is even greater than Ronald Reagan. .........................................................................
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Monthly U.S. Total Gasoline Retail Deliveries By Refiners.
Note: the two low points are for October and November 2011, the most recent data.
Graphic: U.S. Energy Information Administration By looking at the usage of gasoline by us citizens, you will notice that it really does back up my point that Americans are not going anywhere to buy anything. The refineries are not delivering gas to your local service station because neither you nor your neighbor are buying gas. We are staying home because our stagnant income does not allow us to put extra gas in our cars, let alone drive around to purchase things we cannot afford. Again, please notice the last two data points on the graph above. They point to a historic low amount of gas being used by Americans, which has a direct effect on the overall retail sales. Which in turn will affect the employment of Americans. So unless Americans begin buying more gas to go to the store, be prepared for the administration to offer up more bogus unemployment numbers like the ones I wrote about last week which Obama and the MSM do not want you to know exist. (Excerpt) Read more at newsblaze.com ... |
