You are currently browsing the tag archive for the ‘Economy’ tag.
THIRTY PERCENT !!!! Yes, 30% !!!!
OK, JAMES likes the JIF “Extra Crunchy” while Mrs. JAMES likes the JIF Creamy Peanut Butter.
But, man, two of the midsize jars of the favorite sandwich and snack spread cost us nearly $13.00 this week. THIRTEEN DOLLARS!!
Can ANYONE explain this? I mean gas @ $4.00/ gallon, McArthur milk @ $5.00/ gallon……… now PEANUT BUTTER.
From today’s email INBOX:
” Next, we need a National Post-it Note Week, where everyone goes to gas
stations and grocery stores and puts a “High Gas Prices, High Food
Prices…NoBama 2012″ post-it note on the gas pumps and store shelves.”
“Someone contact Mike Huckabee and get the ball rolling.”
Despite the President’s pronouncement that the private sector is “doing fine”, the economic news emanating the airwaves in the past days, hours, is all but FINE.
The May housing sales numbers show a decline from prior months, despite the lowest mortgage interest rates in modern history.
The manufacturing sector showed signs of further contraction.
The stock market closed yesterday down nearly 300 points amid the banking turmoil, with Moody’s lowering the credit ratings of some of the Big Players.
With downgrades to the likes of Bank of America, Citigroup, and JP Morgan, the stories of the implosion of some of these “too big to fail” institutions are abounding.
But there is always the news that gas may be as low as $3.00/gallon by the Fall……………… we will just not have any $$$$ to buy it with!
From The Hill:
Mitt Romney blasted President Obama for comments during a press conference Friday where the president suggested the private sector was “doing fine.”
“He said the private sector is doing fine. Is he really that out of touch?” Romney said at an event in Council Bluffs, Ia. “I think he’s defining what it means to be out of touch with the American people.”
In the president’s remarks Friday morning, he repeatedly said hiring at private industries was “fine” and occurring at “a solid pace,” arguing instead for additional funds for state and local governments to hire teachers and emergency personnel. But Republicans quickly pounced on his remarks in light of May’s disappointing job numbers, and Romney said the comments could have historic implications.
“For the president of the United States to stand up and say the private sector is doing fine is going to go down in history as an extraordinary miscalculation,” Romney told the crowd.