Obamanomics = Failure!

S&P/Case-Shiller signals double dip in housing:

U.S. home prices fell in March for the eighth straight month, confirming the beleaguered housing market has entered a double-dip recession, according to a closely followed index released Tuesday

U.S. consumer confidence declines in May:

Consumer confidence fell in May as Americans grew slightly more pessimistic about future job prospects and business conditions, according to a closely followed survey.

Chicago manufacturing gauge nosedives:

A Chicago-area manufacturing gauge dropped by the largest amount in nearly two-and-half years in May, in a further sign that the rise in oil prices and the Japanese earthquake have affected activity.

5 responses to “Obamanomics = Failure!

  1. And his popularity is running at about 50%. Go figure! Sigh!

  2. The economic news the last couple of days is proving out the title of your article

  3. Pingback: More trouble ahead of John Paulson | The Path to Tyranny Blog

  4. Pingback: The Shovel Readiness of Obamanomics « The Foxhole

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