Thank You Barack & Obamanomics … Credit Rating Agency Egan Jones Downgraded the United States Because of Unsustainabible Debt

How bad for America is Obamanomics? Another credit agency has downgraded the United States economy over debt concerns. Obama and Democrats answer is to just keep on spending and increasing the debt. Credit rating agency Egan Jones downgraded the United States … Thanks Obama, why on Earth would any credit agency have concerns with a $15.6 trillion debt and growing.

Credit rating agency Egan Jones downgraded the United States Thursday on concern over the sustainability of public debt. Egan Jones is one of the most important ratings firms in the world; they lowered our credit level from AA+ to AA. The firm reduced America from AAA to AA+ in July 2011, just before Standard & Poor’s did the same.

Egan Jones warned. “Without some structural changes soon, restoring credit quality will become increasingly difficult . . . without some structural changes soon, restoring credit quality will become increasingly difficult.”

The Gatway Pundit reminds us of when Obama complained about what GWB did in 8 years with regards to the national debt? Barack Obama called it irresponsible and unpatriotic.  Obama stated that W increased the debt from $5 trillion to $9 trillion. Meanwhile in less than 4 years Obama has increased the debt to 15.6 trillion. If GWB was unpatriotic, then Obama’s handling of the debt is an act of treason.

Obama March Unemployment Numbers Very Disappointing … Only120K Added, Expectations 205K … AlltIme High Record Number of Americans Not in Work Force

BIG SWING AND MISS FOR OBAMA’S REELECTION … LOOKS LIKE  FED CHAIRMAN BEN BERNANKE WAS CORRECT IN HIS WARNINGS WHEN HE EXPRESSED DOUBTS THAT RECENT JOB GAINS COULD BE SUSTAINED.

Um, Missed It By How Much?

What was that sound?  It was the unmistakable thud of a this mornings announcement that only a mere 102,000 jobs were added to the work force when all of the economic experts had predicted 205,000 jobs. A miss of epic proportions and so underwhelming that coupled with rising gas prices could spell doom for Obama.

88 MILLION AMERICANS NOT IN THE WORK FORCE … THE OBAMA LEGACY

CNBC reported that only 102,000 jobs were added in March 2012. However, the exerts had predicted that 205,000 were to be added. Oops, missed it by 100,00+.  The unemployment rate dropped from 8.3% to 8.2%; however, it had nothing to do with job growth. It had everything to do with the fact that a record all-time high number of Americans are not in the labor force.  As reported at Zero Hedge, the number of people not in the labor force is back to all time highs: 87,897,000.

U.S. payrolls rose far less than expected in March, keeping the door open for further monetary policy support from the Federal Reserve, even as the unemployment rate fell to a three-year low of 8.2 percent.

Employers added 120,000 jobs last month, the Labor Department said on Friday, the smallest increase since October.

Economists polled by Reuters had expected nonfarm employment to increase 203,000 and the unemployment rate  to hold at 8.3 percent.

It would appear that Fed Chairman Bernanke was spot on in his analysis when he provided a warning last month when he stated payroll gains might slow as companies adjust their labor needs for a period of moderate growth. BINGO! Also, as stated by Weasel Zippers, the MSM will never tell you that there is now an All-time high of 88 million not in the work force. However, guess what Barack Obama and Democrats … the 88 million are aware they are not in the work force and will be voting in November 2012.

OBAMANOMICS: 49% Trust Republicans on Economy, Only 38% Trust Democrats

Majority of Americans Trust GOP with economy rather than Democrats with Obamanomics … 

With the economy being the #1 issue for the 2012 election, polls show that Americans trust Republicans with the economy by a 49% to 38% more than Democrats. This double digit deficit can hardly be looked upon as a positive by Barack Obama or Democrats heading into the 2012 elections. The continued unemployment rate above 8%, ever rising gas prices, out of control national debt and poor job growth recovery will have a negative impact on those who have embraced Obamacare and Obama’s policies.

As they have for nearly three years now, voters trust Republicans more than Democrats when it comes to handling the economy, by far  the top issue on a list of 10 regularly tracked by Rasmussen Reports.  They put slightly more trust in Democrats on health care, the second most important issue.

Forty-nine percent (49%) of Likely U.S. Voters now trust the GOP with economic issues, while 38% trust the Democrats more. That’s the highest level of confidence in the Republicans since last October.

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The Most Divisive President Ever … Barack Obama Accuses Republicans of “Madness”

President Barack Obama accuses Republicans of madness, is it any wonder that Obama has been the most divisive and polarizing President ever? Remember when Barack Obama said, “there is not a liberal America, and a conservative America, there is the United States of America”? I guess that was before Obama decided to call GOP policies on fixing the economy and creating jobs madness. That is exactly the “uniter” thing that Obama did while making a speech in Maine criticizing the GOP and name calling.

President Barack Obama accused Republicans of clinging to economic policies that preceded the Great Depression and the more recent economic downturn, saying his rivals are showing signs of “madness.”

Raising campaign cash in Maine on Friday, March 30, Obama said Republicans want to return to economic policies that would let Wall Street play by its own set of rules and allow insurance companies to roll back health coverage.

“We won’t win the race for new jobs and new businesses and middle-class security if we cling to this same old, worn-out, tired ‘You’re on your own’ economics that the other side is peddling,” Obama said.

Worn out and tired policies. Is Obama speaking of his own policies he has been peddling the last three years?  Barack Obama may want to take a look at the “madness” of his own economic, energy and healthcare policies. As the Gateway Pundit stated, “the policies that are not working belong to Barack Obama. The fact that this is the weakest recovery in history proves Obama’s policies failed, not his predecessors.”

Once thing is for certain, Barack Obama is the most partisan, polarizing and divisive President ever. If you do not believe so, take a look at the facts.

1. Who was the most partisan President ever in first year of Presidency?
2. Who was the most partisan President ever in second year of Presidency?
3. Who was the most partisan President ever in third year of Presidency?

Barack Obama’s Lost that Youth Luvin’ Feeling … 2008 Excitement Has Turned to 2012 Obama Apathy

Barack Obama’s 2008 “Hope & Change” with America’s youth has turned to apathy in 2012.

Remember when Obama and his reelection minions were looking for a new campaign slogan for 2012? I think they might have found one. Unenthusiasm and apathy is the slogan for the American youth in 2012 when it comes to president Barack Obama. The once euphoric mood of today’s youth has subsided to apathy. Obama road to victory in 2008 on a wave of youth support in his run to the presidency, winning 66% of the 18 to 29 aged voters against John McCain. However, Barack has lost that youth “luvin’ feeling”. The foot soldier of 2008 are now the unemployed and underemployed of 2012.

“There’s definitely a significant sense that this generation are more apathetic headed into the 2012 election than they were in 2008,” John Della Volpe, director of polling for Harvard University’s Institute of Politics, said in a phone interview.

Obama’s approval rating among college students dropped to 46 percent last December from 58 percent in November 2009, according to a Harvard University poll. Fifty percent of people between the ages of 18 and 24 said they would “definitely” be voting, an 11 percentage-point decrease from the fall of 2007. A third of respondents said they approved of Democrats in Congress, and 24 percent approved of Republicans. Just 12 percent said the nation was headed in the right direction.

“The turnout will not be great,” Curtis Gans, director of the Center for the Study of the American Electorate in Washington, said in a phone interview. The war in Afghanistan, a lack of progress on closing Guantanamo Bay and a dismal job picture taint Obama’s prospects, he said.The unemployment rate among 18- to 24-year-olds was 16.3 percent at the end of last year, the highest since record-keeping began in 1948, according to a February Pew Research Center report.

We have stated for quite some time that there is no way that Obama could capture that same energy and crazed hysteria that vaulted him into office in 2008. It was based on emotion, not substance. It was based upon promises, not reality. It was based upon running against GWB, not the fact that Obama was ill prepared to be President. Four years later, Obama has kept few promises, has offered no fix to the economy and in fact the youth are worse off today than they were four years ago.  They have certainly Lost that Luvin’ Feeling.

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