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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (855219)5/8/2015 12:10:05 PM
From: i-node  Read Replies (1) | Respond to of 1586981
 
LOL. I knew it was coming; just figured it would be teddy posting it.

Anyway, while you're thanking Obama thank him for that 0.2% growth figure for last quarter now that we're 7 years into the recession.

If he could just hang on somehow for a couple more years he might drag it out as long as FDR did the Depression.



To: bentway who wrote (855219)5/8/2015 12:18:24 PM
From: joseffy  Respond to of 1586981
 
Wow. 47 Major Retailers Announce Closing of 6,000 Stores Across the Country

Good Work, Obama !



To: bentway who wrote (855219)5/8/2015 1:11:44 PM
From: jlallen1 Recommendation

Recommended By
FJB

  Read Replies (2) | Respond to of 1586981
 
<Americans Not In The Labor Force Rise To Record 93,194,000

by Tyler Durden

05/08/2015 08:57 -0400Share61

In what was an "unambiguously" unpleasant April jobs payrolls report, with a March revision dragging that month's job gain to the lowest level since June of 2012, the fact that the number of Americans not in the labor force rose once again, this time to 93,194K from 93,175K, with the result being a participation rate of 69.45 or just above the lowest percentage since 1977, will merely catalyze even more upside to the so called "market" which continues to reflect nothing but central bank liquidity, and thus - the accelerating deterioration of the broader economy.


End result: with the civilian employment to population ratio unchanged from last month at 59.3%, one can easily on the chart below why there will be no broad wage growth any time soon, which will merely allow the Fed to engage in its failed policies for a long, long time.



zerohedge.com