How’s that Obamacare thing working out for us? I wonder what would have happened if the President had put all his energy into economic recovery after taking office? I still can’t believe that healthcare was his big initial push. Fail.
Also, in the future, instead of bailing out industries, I say that we just put Obama out on the campaign trail 24-7 and simply raise the funds. He sure loves that glad-handling.
“U.S. job growth slowed sharply in May, the latest indication that the economy has lost momentum.
Nonfarm payrolls grew by a lackluster 69,000 last month, the smallest gain in a year. The unemployment rate, obtained by a separate survey of U.S. households, ticked one-tenth of a percentage point higher to 8.2%, the first increase in nearly a year.
Stock futures fell sharply after the report missed expectations, compounding concerns about slowing global growth. The Dow Jones Industrial Average futures shed 192 points, or 1.6%, to 12191. Yields on the 10-year Treasury note fell to 1.47%.” – WSJ.COM