SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: zax who wrote (829913)1/14/2015 10:24:11 AM
From: Broken_Clock1 Recommendation

Recommended By
Bill

  Read Replies (1) | Respond to of 1574225
 
I didn't think you could answer.

We do know he steadfastly refused to prosecute even on bankster. Even promising to protect those those thieves.



To: zax who wrote (829913)1/14/2015 10:37:02 AM
From: Bill2 Recommendations

Recommended By
D.Austin
TideGlider

  Read Replies (1) | Respond to of 1574225
 
What specific actions did Obama take to "save" the economy?



To: zax who wrote (829913)1/14/2015 10:48:10 AM
From: i-node3 Recommendations

Recommended By
D.Austin
FJB
TideGlider

  Read Replies (1) | Respond to of 1574225
 
>> Is President Obama the Best (Economic) President in U.S. History

That was hilarious.



To: zax who wrote (829913)1/14/2015 11:07:00 AM
From: locogringo1 Recommendation

Recommended By
John

  Respond to of 1574225
 
Is President Obama the Best (Economic) President in U.S. History

REPORT: More American Businesses Dying Than Starting...

In a stunning Tuesday report, Gallup CEO and Chairman Jim Clifton revealed that “for the first time in 35 years, American business deaths now outnumber business births.” Clifton says for the past six years since 2008, employer business startups have fallen below the business failure rate, spurring what he calls “an underground earthquake” that only stands to worsen as lagging U.S. Census data becomes available.

“Let’s get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses,” writes Clifton.



Indeed, the numbers are striking. Contrary to the oft-cited 26 million businesses in America figure, Clifton says 20 million of these so-called “businesses” are merely companies on paper with zero workers, profits, customers, or sales. In reality, America has just 6 million businesses with one or more employers–3.8 million of which have four or fewer employees. In total, these 6 million U.S. companies provide jobs for more than 100 million people in America.

Of the 2.2 million job-creating companies with five or more workers, the numbers break down accordingly:

There are about a million companies with five to nine employees, 600,000 businesses with 10 to 19 employees, and 500,000 companies with 20 to 99 employees. There are 90,000 businesses with 100 to 499 employees. And there are just 18,000 with 500 employees or more, and that figure includes about a thousand companies with 10,000 employees or more. Altogether, that is America, Inc.

The Gallup CEO says the numbers paint an ominous portrait of America in a dire state of decline.

“I don’t want to sound like a doomsayer, but when small and medium-sized businesses are dying faster than they’re being born, so is free enterprise,” says Clifton. “And when free enterprise dies, America dies with it.




To: zax who wrote (829913)1/14/2015 11:09:41 AM
From: FJB4 Recommendations

Recommended By
Bill
D.Austin
locogringo
PKRBKR

  Respond to of 1574225
 
That would be a big NO. The Kenyan Chimp has given us the WORST ECONOMY SINCE THE DEPRESSION.

Obama Depression:

2008


Full Time Workers: 118 Million
Workforce Participation: 65.9%
Home Ownership: 67.5%
Median Income: $53,644
Poverty: 13.2%
People on Food Stamps: 28.2 Million
Debt to GDP Ratio: 64.8%


Today

Full Time Workers: 117 Million
Workforce Participation: 62.8%
Home Ownership: 65%
Median Income: $51,017
Poverty: 15%
People on Food Stamps: 47.6 Million
Debt to GDP Ratio: 101.6%



To: zax who wrote (829913)1/14/2015 11:24:45 AM
From: FJB1 Recommendation

Recommended By
locogringo

  Read Replies (1) | Respond to of 1574225
 
The Islamic Imbecile(Little Bammy) is CRUSHING American Businesses.

ECONOMIC DEATH SPIRAL: MORE AMERICAN BUSINESSES DYING THAN STARTING…

…FEDERAL RED TAPE DAMAGING ECONOMIC MOBILITY



To: zax who wrote (829913)1/14/2015 1:05:58 PM
From: Broken_Clock  Respond to of 1574225
 
Just who did he "shore" up?

SOURCE: ALL GOV.

The Great Recession hit hard for most Americans, but not their representatives in Congress. According to an annual survey, senators and representatives got wealthier while the average household lost ground.

The Center for Response Politics (CRP) says the median net worth of members of Congress went up 2.5% from 2012 to 2013, climbing to $1,029,505, 18 times that of the average American household, whose median net worth was only $56,355.

CRP also reported “once again, the majority of members of Congress are millionaires — 271 of the 533 members currently in office, or 50.8 percent.”

A study (pdf) produced by the Russell Sage Foundation says the median wealth of the middle class decreased substantially over the past 10 years. In 2003, the 50th percentile of Americans enjoyed an average wealth of $87,992, but by 2013 the number had fallen to $56,335.

CRP says the median net worth of American families dropped by nearly one-third between 2007 and 2013, while senators’ median net worth rose from $2.3 million to $2.8 million and House members’ net worth climbed from $708,500 to $843,507.

“At a time when income inequality is much debated, the representatives we choose are overwhelmingly affluent,” CRP executive director Sheila Krumholz said. “Whether voters elect them because they are successful or because people of modest means do not run, or for other reasons, is unclear, but struggling Americans should not assume that their elected officials understand their circumstances.”

-Noel Brinkerhoff