Obama’s Serious Job Creation: Initial Jobless Claims Up 25,000 to a Seasonally Adjusted 429,000 … Inflation Up, Gas Prices Up …
Hey Barack Obama … WHY SO SERIOUS?
President Barack Obama’s serious job creation and Obamanomics takes another blow. Initial jobless claims rose 25,000 this week for a season adjusted 429,000. Of course these are the results from a “serious” President who has a serious plan to get Americans back to work.
More people sought unemployment benefits last week, the second rise in three weeks, a sign the job market’s recovery is slow and uneven.
Applications for unemployment benefits jumped 25,000 to a seasonally adjusted 429,000 for the week ending April 23, the Labor Department said Thursday. That’s the highest total since late January.
The four-week average of applications, a less volatile measure, rose to 408,500, its third straight rise and the first time it has topped 400,000 in two months.
So first time unemployment claims rise, GDP and economic growth slows to 1.8%, the value of the US$ continues to slide, inflation is on the rise, gas prices heading toward $5 a gallon and president Barack Obama is getting serious. Why because he told us so. The US economy is a disaster and Obama says its time to get serious and rid ourselves of “Carnival Barkers”. Don’t look now Barack, but during the 2008 Presidential campaign, you were that same “carnival barker” that you are referring to today.
But of course our serious president who lectured us all yesterday went and did what? With all the serious issues that Barack Obama talked about yesterday while provided his “long form” certificate of live birth … Obama then went to Chicago to do the Oprah Show and then went to NYC to attend three fund raisers. American, aren’t you glad we have such a serious President?