recovery.....

NOVA

U. S. NAVY Veteran
Jarheads Obama Recovery

Phase II of Obamanomics kicking into gear.....INFLATION....

http://www.cnbc.com/id/44187274

US Jobless Claims Up, Gasoline Lifts Consumer Prices
Thursday, 18 Aug 2011

Initial claims for state unemployment benefits increased 9,000 to a seasonally adjusted 408,000, the Labor Department said on Thursday, above economists' expectations for a rise to to 400,000.

Another report from the Labor Department showed the Consumer Price Index increased 0.5 percent in July, the largest gain since March, after falling 0.2 percent in June. That was above economists' expectations for a 0.2 percent gain.

Gasoline, which rose 4.7 percent after falling 6.8 percent the prior month, accounted for about half of the rise in CPI last month.

We won't even talk about food and clothing...
 
I'll bet the next president doesn't attack nearly every industry once he's in office.
Obama might have been too green, he kept running for office instead of governing once he won.
 
Back
Top