Tag Archives: Obamanomics

Obama the therapist

Our great President has taken up his new job as a therapist. Bloomberg reports that Obama said:

“We are going to get through this. Things will get better. and we’re going to get there together.”

I don’t know about you, but I’m feeling better already.

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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.