Author Topic: Misery Index: The Obama Depression - "Private sector doing just Fine"  (Read 151920 times)

Soul Crusher

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1050 on: October 31, 2012, 10:00:50 AM »

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1052 on: November 12, 2012, 08:23:49 PM »
Hostess closing Seattle bakery; 110 workers affected
 King5 ^


Posted on Monday, November 12, 2012 11:00:31 PM by

Hostess Brands Inc. is permanently closing three bakeries following a nationwide strike by its bakers union.

The maker of Twinkies, Ding Dongs and Wonder Bread said Monday that the strike has prevented it from producing and delivering products, and it is closing bakeries in Seattle, St. Louis and Cincinnati. The facilities employ 627 workers.

Thousands of members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union went on strike Nov. 9 to protest cuts to wages and benefits under a new contract offer, which the union rejected in September. Union officials say the company stopped contributing to workers' pensions last year.

Hostess has argued that workers must make concessions as it tries to improve its financial position.


(Excerpt) Read more at king5.com ...

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1053 on: November 12, 2012, 08:24:11 PM »
Hostess closing Seattle bakery; 110 workers affected
 King5 ^


Posted on Monday, November 12, 2012 11:00:31 PM by

Hostess Brands Inc. is permanently closing three bakeries following a nationwide strike by its bakers union.

The maker of Twinkies, Ding Dongs and Wonder Bread said Monday that the strike has prevented it from producing and delivering products, and it is closing bakeries in Seattle, St. Louis and Cincinnati. The facilities employ 627 workers.

Thousands of members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union went on strike Nov. 9 to protest cuts to wages and benefits under a new contract offer, which the union rejected in September. Union officials say the company stopped contributing to workers' pensions last year.

Hostess has argued that workers must make concessions as it tries to improve its financial position.


(Excerpt) Read more at king5.com ...

He returns.

AbrahamG

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1054 on: November 12, 2012, 08:40:57 PM »
Welcome back ASSHOLE!

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1055 on: November 12, 2012, 08:48:44 PM »
Hipsters on food stamps (Meet the 0bama Voters)
 Salon ^ | 3/15/2010 | Jennifer Bleyer

Posted on Monday, November 12, 2012 3:47:47 PM by mojito

In the John Waters-esque sector of northwest Baltimore — equal parts kitschy, sketchy, artsy and weird — Gerry Mak and Sarah Magida sauntered through a small ethnic market stocked with Japanese eggplant, mint chutney and fresh turmeric....

“I have $80 bucks left!” Magida said. “I’m so happy!”

“I have $12,” Mak said with a frown.

The two friends weren’t tabulating the cash in their wallets but what remained of the monthly allotment on their Supplemental Nutrition Assistance Program debit cards, the official new term for...food stamps.

Magida, a 30-year-old art school graduate, had been installing museum exhibits for a living until the recession caused arts funding...to dry up. She applied for food stamps last summer, and since then she’s used her $150 in monthly benefits for things like fresh produce, raw honey and fresh-squeezed juices from markets near her house...and soy meat alternatives and gourmet ice cream from a Whole Foods a few miles away....

Mak, 31, grew up in Westchester, graduated from the University of Chicago and toiled in publishing in New York during his 20s before moving to Baltimore last year with a meager part-time blogging job and prospects for little else. About half of his friends in Baltimore have been getting food stamps since the economy toppled, so he decided to give it a try; to his delight, he qualified for $200 a month.

“I’m sort of a foodie, and I’m not going to do the ‘living off ramen’ thing,” he said, fondly remembering a recent meal he’d prepared of roasted rabbit with butter, tarragon and sweet potatoes. “I used to think that you could only get processed food and government cheese on food stamps, but it’s great that you can get anything.”


(Excerpt) Read more at salon.com ...

AbrahamG

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1056 on: November 12, 2012, 08:51:36 PM »
Hipsters on food stamps (Meet the 0bama Voters)
 Salon ^ | 3/15/2010 | Jennifer Bleyer

Posted on Monday, November 12, 2012 3:47:47 PM by mojito

In the John Waters-esque sector of northwest Baltimore — equal parts kitschy, sketchy, artsy and weird — Gerry Mak and Sarah Magida sauntered through a small ethnic market stocked with Japanese eggplant, mint chutney and fresh turmeric....

“I have $80 bucks left!” Magida said. “I’m so happy!”

“I have $12,” Mak said with a frown.

The two friends weren’t tabulating the cash in their wallets but what remained of the monthly allotment on their Supplemental Nutrition Assistance Program debit cards, the official new term for...food stamps.

Magida, a 30-year-old art school graduate, had been installing museum exhibits for a living until the recession caused arts funding...to dry up. She applied for food stamps last summer, and since then she’s used her $150 in monthly benefits for things like fresh produce, raw honey and fresh-squeezed juices from markets near her house...and soy meat alternatives and gourmet ice cream from a Whole Foods a few miles away....

Mak, 31, grew up in Westchester, graduated from the University of Chicago and toiled in publishing in New York during his 20s before moving to Baltimore last year with a meager part-time blogging job and prospects for little else. About half of his friends in Baltimore have been getting food stamps since the economy toppled, so he decided to give it a try; to his delight, he qualified for $200 a month.

“I’m sort of a foodie, and I’m not going to do the ‘living off ramen’ thing,” he said, fondly remembering a recent meal he’d prepared of roasted rabbit with butter, tarragon and sweet potatoes. “I used to think that you could only get processed food and government cheese on food stamps, but it’s great that you can get anything.”


(Excerpt) Read more at salon.com ...


Did you suckle a lot of cock during your time away?

tbombz

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1057 on: November 12, 2012, 11:33:31 PM »

Picking on foodstamps is pretty lame. Its a government expenditure that results in more economic activity than it costs and its the our only welfare program that is based completely on preventing the starvation and death of the poor.

AbrahamG

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1058 on: November 13, 2012, 01:11:00 AM »
Picking on foodstamps is pretty lame. Its a government expenditure that results in more economic activity than it costs and its the our only welfare program that is based completely on preventing the starvation and death of the poor.

When your right, your right.

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1059 on: November 13, 2012, 03:19:55 AM »
Hipsters on food stamps (Meet the 0bama Voters)
 Salon ^ | 3/15/2010 | Jennifer Bleyer

Posted on Monday, November 12, 2012 3:47:47 PM by mojito

In the John Waters-esque sector of northwest Baltimore — equal parts kitschy, sketchy, artsy and weird — Gerry Mak and Sarah Magida sauntered through a small ethnic market stocked with Japanese eggplant, mint chutney and fresh turmeric....

“I have $80 bucks left!” Magida said. “I’m so happy!”

“I have $12,” Mak said with a frown.

The two friends weren’t tabulating the cash in their wallets but what remained of the monthly allotment on their Supplemental Nutrition Assistance Program debit cards, the official new term for...food stamps.

Magida, a 30-year-old art school graduate, had been installing museum exhibits for a living until the recession caused arts funding...to dry up. She applied for food stamps last summer, and since then she’s used her $150 in monthly benefits for things like fresh produce, raw honey and fresh-squeezed juices from markets near her house...and soy meat alternatives and gourmet ice cream from a Whole Foods a few miles away....

Mak, 31, grew up in Westchester, graduated from the University of Chicago and toiled in publishing in New York during his 20s before moving to Baltimore last year with a meager part-time blogging job and prospects for little else. About half of his friends in Baltimore have been getting food stamps since the economy toppled, so he decided to give it a try; to his delight, he qualified for $200 a month.

“I’m sort of a foodie, and I’m not going to do the ‘living off ramen’ thing,” he said, fondly remembering a recent meal he’d prepared of roasted rabbit with butter, tarragon and sweet potatoes. “I used to think that you could only get processed food and government cheese on food stamps, but it’s great that you can get anything.”


(Excerpt) Read more at salon.com ...


So he got 200$ for food for a month.

You have a problem with someone getting 200$ ???

How fucking low is your budget 33... ?

whork

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1060 on: November 13, 2012, 03:22:52 AM »
Picking on foodstamps is pretty lame. Its a government expenditure that results in more economic activity than it costs and its the our only welfare program that is based completely on preventing the starvation and death of the poor.

Agree.

And how low a salary does our "lawyer" work for that he complains that people get 200$ for food ???

And how about the believers here are you really complaining over 200 bucks? WTF

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1061 on: November 13, 2012, 03:51:11 AM »
Comcast's NBCUniversal unit lays off 500 employees: source (Get rid of them all!)
reuters ^ | 11/12/2012 | staff
Posted on November 13, 2012 6:17:57 AM EST by tobyhill

Comcast Corp's NBCUniversal entertainment unit is laying off about 500 employees at cable channels, Jay Leno's late-night TV show and the Universal Pictures movie studio, a person with knowledge of the matter said on Monday.

The cuts add up to about 1.5 percent of the company's workforce of 30,000 employees, the source said.

A large portion of the layoffs occurred at the G4 cable channel, a network about video games and the gaming culture, the source said. Two of the network's shows were recently canceled.

Other layoffs occurred about two months ago at "The Tonight Show with Jay Leno," which cut about two dozen crew members.

(Excerpt) Read more at reuters.com ...

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1062 on: November 13, 2012, 03:52:35 AM »
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Time running out for J.C. Penny
Financial Post ^ | 11/12/2012 | Jonathan Ratner
Posted on November 13, 2012 6:34:59 AM EST by tobyhill

J.C. Penny Co. was hit with a downgrade at Credit Suisse as the retailer’s sales continue to slow.

Analyst Michael Exstein lowered his rating to underperform from neutral and cut his target price to US$15 from US$25 after the company reported its fifth straight quarterly loss on Friday.

Mr. Exstein noted that J.C. Penny’s cash position continues to dwindle and it is expected to generate only a minimal amount of EBITDA in 2012 and 2013. The company has already sold US$525-million in non-core assets this year.

“Time is no longer on J.C. Penny’s side, and going into the fourth quarter and beyond, we are concerned that J.C. Penny’s technological overhaul of both its back and front end systems could serve to create an even more challenging internal environment than is the case today,” the analyst told clients.

(Excerpt) Read more at business.financialpost.c om ...

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1063 on: November 13, 2012, 03:54:43 AM »
Kroger to Slash Hourly Workers to Avoid Obamacare Penalties
Flopping Aces ^ | 11/4/2012 | Doug Ross
Posted on November 12, 2012 3:05:46 PM EST by tobyhill

Operative Faith reveals that Kroger will soon join the ranks of Durden Restaurants and slash the hours of its non-exempt (hourly) workers to avoid millions in Obamacare penalties.

To give you a sense of Kroger’s size and importance, its sales last year were $90 billion and it employs nearly 350,000 people. Most of its jobs are hourly and the vast majority of workers are neither millionaires or billionaires.

Faith is a mid-level manager at Kroger and reports the dire news:

Last week we found out that, beginning in January, any employee who is not full-time at that point,will be limited to 28 hours per week and all new hires will be subject to the same policy.

Currently, part-time employees can work as many hours as needed.

Many Kroger employees, I believe, will be shocked to find out about this new policy.

(Excerpt) Read more at floppingaces.net ...

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1065 on: November 13, 2012, 12:37:50 PM »
IBD/TIPP Poll: U.S. Consumer Confidence Nosedives
 TIPP Online ^ | 11-13-12

Posted on Tuesday, November 13, 2012 2:55:56 PM


The IBD/TIPP Economic Optimism Index declined by 5.4 points, or 10%, in November, posting 48.6 vs. 54 in October. The index is 0.4 points above its 12-month average of 48.2, 4.2 points above its reading of 44.4 in December 2007 when the economy entered into the recession, and 1.3 points below its all-time average of 49.9.

Note: Index readings above 50 indicate optimism; below 50 indicate pessimism.

The IBD/TIPP Economic Optimism Index has a good track record of foreshadowing the confidence indicators put out later each month by the University of Michigan and The Conference Board. IBD/TIPP conducted the national poll of 606 adults from November 8 to November 11. The margin of error is +/-4.0 percentage points.

The IBD/TIPP Economic Optimism Index has three key components. This month, two of the three components declined.

• The Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, dropped 12.3 points, or 20.8%, to 46.8. The sub-index was 32.1 when the economy entered the last recession in December 2007.

• The Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, declined 5.0 points, or 8.3%, to 55.5.

• Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working rose 1.1 points, or 2.6%, to reach 43.5.

"Last month economic optimism surged, mainly driven by Republican hopes of taking the White House. But optimism among Republicans fell sharply in November after Romney’s loss. Also, recent stock market losses, gas prices and high unemployment are hurting confidence,” said Raghavan Mayur, president of TIPP, a unit of TechnoMetrica Market Intelligence, IBD's polling partner.


(Excerpt) Read more at tipponline.com ...

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1066 on: November 13, 2012, 12:38:52 PM »
IBD/TIPP Poll: U.S. Consumer Confidence Nosedives
 TIPP Online ^ | 11-13-12

Posted on Tuesday, November 13, 2012 2:55:56 PM


The IBD/TIPP Economic Optimism Index declined by 5.4 points, or 10%, in November, posting 48.6 vs. 54 in October. The index is 0.4 points above its 12-month average of 48.2, 4.2 points above its reading of 44.4 in December 2007 when the economy entered into the recession, and 1.3 points below its all-time average of 49.9.

Note: Index readings above 50 indicate optimism; below 50 indicate pessimism.

The IBD/TIPP Economic Optimism Index has a good track record of foreshadowing the confidence indicators put out later each month by the University of Michigan and The Conference Board. IBD/TIPP conducted the national poll of 606 adults from November 8 to November 11. The margin of error is +/-4.0 percentage points.

The IBD/TIPP Economic Optimism Index has three key components. This month, two of the three components declined.

• The Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, dropped 12.3 points, or 20.8%, to 46.8. The sub-index was 32.1 when the economy entered the last recession in December 2007.

• The Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, declined 5.0 points, or 8.3%, to 55.5.

• Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working rose 1.1 points, or 2.6%, to reach 43.5.

"Last month economic optimism surged, mainly driven by Republican hopes of taking the White House. But optimism among Republicans fell sharply in November after Romney’s loss. Also, recent stock market losses, gas prices and high unemployment are hurting confidence,” said Raghavan Mayur, president of TIPP, a unit of TechnoMetrica Market Intelligence, IBD's polling partner.


(Excerpt) Read more at tipponline.com ...


LANDSLIDE COMING!!!!!!!!!!!!!!!!!

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1067 on: November 13, 2012, 07:15:26 PM »
Skip to comments.
45,000 laid off since the election
 Various, mostly Daily Job Cuts ^ | 11/13/12 | nully

Posted on Tuesday, November 13, 2012 10:04:30 PM by null and void

Since the election:

 (Updated 11/13/12 at 7:00M PST)

Layoff numbers





 Organization

# Laid off

Running total

Sector

Notes



AMD

400

400

Electronics





American Coal

54

454

Energy





Ameridose

790

1244

Health





Art Gallery of Windsor

12

1256

Art Gallery

Canada



Associated Milk Producers Inc

130

1386

Agriculture





ATI

172

1558

Education





Atlantic Club

80

1638

Gaming





Atlantic Lotto Corp

16

1654

Gaming





Bartikowsky Jewelers

25

1679

Retail

Business closure



Bayou Cane

7

1686

Government

Firefighters



Brake Parts LLC

75

1761

Automotive





Bristol-Myers Squibb

479

2240

Health





Career Education Corp

900

3140

Education





Caterpillar

100

3240

Construction Eq





Center for Hospice and Palliative Care

40

3280

Health





Cigna

1300

4580

Health





Citigroup

100

4680

Banking





Commerzbank AG

6000

10680

Finacial Services

Cuts in Germany



Community Newspaper Holdings Inc

21

10701

Media





Corning

100

10801

Manufacturing





Covidien

595

11396

Health





Crouse Hospital Syracuse

70

11466

Health





CVPH

17

11483

Health





Dana Holding Corp

7

11490

Automotive





dapd

100

11590

Media

Cuts in Gemany



DuPont

64

11654

Defense

Kevlar/Nomex plant. Planning 1500 layoffs 2013.



Energizer

1500

13154

Energy





Ericsson

1550

14704

Consumer Electronics

Cuts in Sweden



Exide

150

14854

Energy





Gameforge Berlin

20

14874

Online Games

Cuts in Germany



Glens Falls Hospital

29

14903

Health





Groupon

600

15503

Consumer





Hamilton FD

17

15520

Government

Firefighters



Hawker Beechcraft

410

15930

Aerospace





Hill-Rom

200

16130

Med Eq/Dev Mfg





Hostess Brands

627

16757

Food





Husqvarna

600

17357

Tools

Cuts in Sweden



Iberia

7000

24357

Airline

Cuts in Spain



ING

2350

26707

Finacial Services





Iron Range

4

26711

Non-profit

Battered women



Kinetic Concepts

427

27138

Health





Lightyear Network Solutions

14

27152

Software/internet





Lower Bucks Hospital

30

27182

Health





Lulu

9

27191

Publishing

More to come



Majestic Star Cassino

80

27271

Entertainment





Medtronic

500

27771

Med Eq/Dev Mfg





Mills Manufacturing

68

27839

Defense





Mississippi County AR

12

27851

Government





Momentive Performance Materials

150

28001

Chemicals





Monitor Group

235

28236

Consultancy





Murray Energy Corporation

48

28284

Energy





NBCUniversal

500

28784

Media





New Energy

40

28824

Energy





OCE

135

28959

Office equip





Penn Refrigeration

40

28999

Commercial Service





PerkinElmer

66

29065







Pratt & Whitney Rockedyne

100

29165

Aerospace





Providence Journal

23

29188

Media





Research in Motion

200

29388

Consumer Electronics





SAS

6000

35388

Airline

Cuts in Scandinavian countries



Smith & Nephew

104

35492

Med Eq/Dev Mfg





Southeastern Container

15

35507

Consumer





SRA International

222

35729

IT Federal contractor





St Jude Medical

300

36029

Health





Stryker

96

36125

Med Eq/Dev Mfg





Sun Media - newspaper div

500

36625

Media





TE Connectivity

620

37245

Electronics





Teco Coal Corporation

90

37335

Energy





The Commercial Appeal

11

37346

Media





TMX Group, Ltd.

100

37446

Finacial Services

Cuts in Canada



TooeleCounty, UT

22

37468

Government





TurboCare

88

37556

Energy





U.S. Cellular

980

38536

Electronics





Umatilla Chemical Depot

34

38570

Defense





UtahAmerican Energy

102

38672

Energy





Vestas

3000

41672

Energy





Welch Allyn

275

41947

Med Eq Mfg





West Ridge Mine

102

42049

Energy





Westinghouse

17

42066

Hi Tech Services





Westinghouse Anniston

50

42116

Defense





Wingspan Portfolio Advisors

459

42575

Finacial Services





Wright-Patterson

115

42690

Defense





Xerox

2500

45190

Office equip





Yakima Regional Medical Center

10

45200

Health






































































































Layoffs without exact number specified





 Organization

% Laid off

# Affected

Sector

Notes



Boeing Defense, Space & Security

30



Defense

Executive Staff



Dana





Automotive

"A large number"



EMD Millipore

2



Biotech





Plexus Corp





Manufacturing





Saugerties, NY





Government





SCA





Paper products





Slidell, LA





Government

"Will try to spread equally"



Standard Bank Group

10



Banking

London



United Blood Services

10



Health

All staff



Wilkes-Barre, PA





Government

Firefighters



Atlantic City casinos





Gaming










































Worker Reduction In Scheduled Time (to below ObamaCare threshold)





 Organization

% WRIST

# Affected

Sector

Notes



Darden Restaurants





Food service





JANCOA Janitorial Services





Janitorial Service





Kroger





Grocery





Applebee's





Food service





Papa John's





Food service

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1068 on: November 14, 2012, 06:32:18 AM »
Big Miss In Retail Sales Paints Grim Picture For Holiday Shopping
zero hedge ^


Posted on Wednesday, November 14, 2012 9:24:34 AM


Here we go with the "but, but, Sandy" excuses. The just announced October retail sales tumbled, with their worst miss of expectations since May 2010, and the first sequential decline since June: printing at -0.3% for both the headline and the 'ex autos and gas', on expectations of a -0.2% and +0.4% rise. Ignoring for a second that the Commerce Department said that Hurricane Sandy had both positive (remember those massive lines in various stores ahead of Sandy) and negative impacts on retail sales, it would be truly inconceivable for the sellside Wall Street consensus of diploma'ed PhDs, which knew about Sandy's impact on retail sales well in advance, and thus could adjust its numbers, to actually, you know, adjust its numbers. Either way there is no way to spin the longer term major store sales trend (last chart), which shows that the US consumer, out of money, out of credit, and out of savings is entering the holiday season with little to zero disposable spending power.


(Excerpt) Read more at zerohedge.com ...

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1069 on: November 14, 2012, 11:52:07 AM »
Millions More Americans In Poverty Than Previously Estimated: Census Bureau
By HOPE YEN 11/14/12 12:33 PM ET EST


www.huffingtonpost.com




WASHINGTON -- A different way of calculating America's poor by taking into account medical costs and work-related expenses finds a higher total than the government's official count.

This measure is aimed at providing a fuller picture of poverty. It found there are 49.7 million poor people in the country – or 16.1 percent of the population. That compares with the 46.2 million, or 15 percent, as reported in September in the Census Bureau's official count.

According to the newly developed measure, those more likely to live in poverty are people 65 or older, urbanites and Hispanics – the result of medical expenses and higher living costs in cities.

California had the highest share of poor people, followed by Arizona and Florida. In the official tally, it's Mississippi, New Mexico and Arizona.

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1070 on: November 15, 2012, 03:48:22 AM »
Obama Donor's Corporation Lays Off Employees Due to ObamaCare
Breitbart's Big Government ^ | November 13, 2012 | Dr. Susan Berry
Posted on November 15, 2012 1:37:56 AM EST by 2ndDivisionVet

Stryker Corporation has announced that it will close its facility in Orchard Park, New York, eliminating 96 jobs next month. It will also counter the medical device tax in Obamacare by eliminating 5% of their global workforce, an estimated 1,170 positions.

Jon Stryker is heir to the Stryker Corporation, one of the largest medical device and equipment manufacturers in the world. Stryker’s grandfather was the surgeon who invented the mobile hospital bed. The company now sells $8.3 billion worth of hospital beds, artificial joints, medical cameras, and medical software every year.

Stryker, a member of the Forbes 400 list, was one of the top five donors to the Obama campaign. Having donated $2 million to the Priorities USA Action super PAC, Stryker also gave $66,000 in contributions to Obama and the Democrat Party.

Prior to the 2012 election, Stryker contributed millions to help Democrat candidates in his home state of Michigan. He also gave nearly $250 million to groups supporting gay rights, transgenderism, and the conservation of apes. In January, his Arcus Foundation donated $23 million to Kalamazoo College for an endowment to fund a center for social justice leadership.

Stryker's corporation is part of an industry that has been a big loser at the hands of Obamacare. Having refused to get on board with the White House and the Senate Finance Committee when the law was being crafted in 2009, the medical device industry was punished with an excise tax of 2.3% of their revenues, regardless of whether they make a profit...

(Excerpt) Read more at breitbart.com ...

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1072 on: November 15, 2012, 08:19:14 AM »
From your link.

"Economists aren't too worried about this number.  They're blaming the jump on Hurricane Sandy."




Its always an excuse of some sort from these clowns. 

We are heading right don the fng toilet.  Obama and Big Ben printed just enough to get him through the election and now we are going to feel the pain.   

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1073 on: November 15, 2012, 08:34:39 AM »
"The unemployment rate among people eligible for benefits rose to 2.6 percent in the week ended Nov. 3 from 2.5 percent. Thirty-four states and territories reported an increase in claims, while 19 reported a decrease. "


Weak before also revised up 5k. 

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Re: Misery Index: The Obama Depression - "Private sector doing just Fine"
« Reply #1074 on: November 15, 2012, 08:45:23 AM »
The Election Is Over And Philly Fed Plunges
Submitted by Tyler Durden on 11/15/2012 - 10:13 Market Conditions Philly Fed Reality

Let's see if Bush Sandy can be blamed for not only the Empire Fed, whose employment and expectations components plunged, for the Initial Claims, which soared and missed expectations by the second most in the past 13 years, but also for the Philly Fed, which just plunged from 5.7 to -10.7, far below consensus of 2.0, the 6th miss of the last 8 (except for last month of course), and returning to solidly negative territory after last month's "miraculous" pre-election surge. And while virtually all subcomponents plunged, the one that stood out to the upside was Prices Paid, as the margin collapse is set to ravage all companies not only in the greater Philadelphia region but everywhere else soon as reality, deferred for the duration of the Obama reelection campaign, slams everyone in the stomach.