By PUMA Pundit on July 22, 2009
Oh no, say it ain’t so… I thought Obama had the magic cure for all ailments real and imagined? General Motors posted Wednesday a 22 percent global sales drop from a year earlier for the first six months of 2009 amid the economic slowdown and the automaker’s slide into bankruptcy. While this won’t destroy his [...]
Posted in Economy | Tagged barack obama, general motors, gm, gm bankruptcy, government motors
By PUMA Pundit on July 14, 2009
Only Barack Obama and his minions can still say that things are getting better with the economy, and not worse as all indicators imply… Meanwhile, we continue burning money at an alarming rate, though MLB is not getting a bailout… WSJ The recent unemployment numbers have undermined confidence that we might be nearing the bottom [...]
Posted in Economy | Tagged barack obama, bureau of labor statistics, job losses
By PUMA Pundit on July 14, 2009
It wasn’t supposed to be this bad, but with Obama spending like a drunken sailor on shore leave, did anyone really think that it wouldn’t be? Either way, for the first time in history, our budget deficit has gone over the $1 Trillion mark. In simple terms, that means we’ve already SPENT $1 Trillion more [...]
Posted in Economy | Tagged 1 Trillion, barack obama, Budget Deficit
By PUMA Pundit on July 13, 2009
The numbers from Obama’s stimulus are finally coming in, and at least 50 individuals in New Hampshire shall be able to attest to the fact that new jobs are truly being created: The Office of Legislative Budget Assistant reported last week that $413.6 million made its way to the state under a list of programs [...]
Posted in Economy | Tagged barack obama, Economy, jobs, New Hampshire, stimulus
By PUMA Pundit on June 24, 2009
Trillions of Dollars later, Warren Buffet thinks the economy is still in shambles, he also thinks inflation is soon going to be a problem, but what can we expect, the supply of money has gone up by close to 300%, while the GDP hasn’t had a corresponding increase., and we haven’t even touched Obamacare … [...]
Posted in Economy | Tagged Becky quick, cnbc, U.s. economy, warren buffet