What happened to all of the doom and gloom economic threads?

[the_kuntess]

Obama care drives up the price of food there always food stamps
So long mom and pops food stores and job's

Umm...Ok.

 

[mercury14]

Obama care drives up the price of food there always food stamps

Supermarket owners argue a pending federal food-labeling rule that stems from the new health care law would overburden thousands of grocers and convenience store owners -- to the tune of $1 billion in the first year alone.
Store owner Tom Heinen said the industry's profit margins already are razor thin. "When you incur a significant cost, there is no way that that doesn't get passed on to the customer in some form," he said.
The rule stems from an ObamaCare mandate that restaurants provide nutrition information on menus. Most in the restaurant industry were supportive of the idea, but when the FDA decided to extend the provision to also affect thousands of supermarkets and convenience stores, the backlash was swift.
The proposed regulation would require store owners to label prepared, unpackaged foods found in salad bars and food bars, soups and bakery items. Erik Lieberman, regulatory counsel at the Food Marketing Institute, said testing foods for nutritional data will require either expensive software or even more costly off-site laboratory assessments.

So if a mom-and-pop grocery store has a salad bar they have to list the nutritional value of their shredded cheese and sunflower seeds. Which they already have access to from their distributor.

That's all a one-time cost though so I'm not sure how it's going to lead to a decade or more of higher prices.

Plus the health care plans of 7 million Americans.

Moron, it's 7 million Americans (2.1% of the population) who will end up switching from one insurance company to another. It is not 7 million Americans losing health care. You're either stupid or gullible or both.

 

[mercury14]

Obama is not only going to cost 7 million working Americans their health care programs, he's going bankrupt the nation trying to buy the voted of Hispanics:


Pathway to citizenship could increase Obamacare cost up to $300 billion over a decade

Any immigration package in which current illegal immigrants are made eligible for Obamacare — in the form of either exchanges or Medicaid — could increase costs to the federal government by between $120 billion to $200 billion in its first decade, according to internal calculations by the Republican side of the Senate Budget Committee that were obtained exclusively by The Daily Caller.

GOP Senate Budget Committee staffers explained to TheDC that the estimates assume that the law’s provision capping total spending on exchange subsidies, which is set to begin in 2019, is enforced.

However, should the provision fall by the wayside, as some analysts believe it could, the staffers estimate the cost of Obamacare could increase between $210 billion to $300 billion over the next 10 years.

They add that if the capping provision is sustained, making millions of illegal immigrants eligible for Obamacare could also result in a benefit cut of approximately $1,100 annually for the average American receiving a subsidized benefit through the exchanges, which are now called “marketplaces” by the administration.

Last March the minority side of the Senate Budget Committee estimated that Obamacare would increase unfunded obligations — or federal spending without a dedicated funding source — for federal health care programs by $17 trillion over 75 years, or from $65 trillion to $82 trillion.

Adding currently illegal immigrants, via a pathway to citizenship or other means, to Obamacare would further increase those unfunded obligations by another $2 trillion, based on their calculations.

To reach their conclusions, the staffers applied Congressional Budget Office estimates that 7 million illegal immigrants are without insurance, approximately 85 percent of whom have incomes low enough to qualify for the benefits — or less than 400 percent of the federal poverty line.

They further applied demographic data from the U.S. Census Current Population Survey to estimate that about half of the eligible illegal immigrants would be eligible for Medicaid, and the other half would be qualified for the subsidized exchange benefits.


Read more: http://dailycaller.com/2013/02/05/p...p-to-300-billion-over-a-decade/#ixzz2K3tFkrw2

And this is one of the most dishonest articles you've ever posted.

 

[Busybody]

Remove user from ignore listmercury14
This message is hidden because mercury14 is on your ignore list.

STFU, PUTRID PIG

we know


You question the source and its only a few with eggs

STFU!

 

[Busybody]

Congressional Report: Black Community Still Suffering From “Disproportionately High Unemployment Rates,” Number Of Blacks Looking For Work Drops By 300K…




If we had a white GOP president his policies would be attacked as racist.

Via Daily Caller:


Fucking LOSER IDIOTS!http://weaselzippers.us/wp-content/uploads/2012/06/blackobamavoters.jpg

A congressional report finds that the economic recovery hasn’t solved problems faced by the black community, including “disproportionately high unemployment rates.”

Blacks account for 12 percent of the labor force, according to the U.S. Joint Economic Committee, but suffered from a 13.8 percent jobless rate in January 2013 and make up 25 percent of workers who have been unemployed for longer than 99 weeks.

Furthermore, the number of black workers looking for work has fallen by almost 300,000 since 2011, and there are nearly 2.6 million black workers who want to work but can’t find a job.

 

[RobDownSouth]

And this is one of the most dishonest articles you've ever posted.

Technically it's true that this is one of the most dishonest articles he's ever posted, but in fairness to Vetty it's still early today.

 

[Busybody]

PUTRID PIG and NIGGER POOP scream about 4 week moving average

STFU!


Initial Claims Miss For Second Week In A Row As Nonfarm Productivity Tumbles Most Since 2008


As is the case every Thursday, the BLS reported its weekly initial claims which unlike two weeks ago did not estimate the initial unemployment claims for America's most populous state when the number plunged, and has now missed expectations for two weeks in a row, printing at 366K, on expectations of a 360K number, while last week's 368K was as usual revised upward to 371K. As a result, the Mainspin Media already has its headline: Initial Claims decline by 5,000. Such is life under the US Department of Truth, even as unadjusted initial claims spiked by 16.7K to 386K in the week ended February 2. In other news, people on Extended Unemployment Comp plunged by 288K after soaring in the week prior, and making some wonder just what is going on with the EUC 2008 data series for it to get such massive weekly shifts each week.


But perhaps, more importantly, the BLS also reported Q4 unit labor costs and nonfarm productivity and as a result of the previously reported adjustments to worker data and negative GDP print, it was widely expected that productivity would drop. It did, but it did so far more than most expected, plunging by a whopping 2%, which "reflects increases of 0.1 percent in output and 2.2 percent in hours worked. (All quarterly percent changes in this release are seasonally adjusted annual rates." The offset: unit labor cost which soared by 4.5% in the fourth quarter of 2012, the combined effect of the 2.0 percent decrease in productivity and a 2.4 percent increase in hourly compensation. Unit labor costs rose 1.9 percent over the last four quarters.

 

[bra_man69]

Remove user from ignore listmercury14
This message is hidden because mercury14 is on your ignore list.

STFU, PUTRID PIG

we know


You question the source and its only a few with eggs

STFU!

You removed him
Guess the stupid ass clown doesn't think some local farmer doesn't sale to a local store

 

[Busybody]

I didn't remove him

I cant abide by LIARS and DISTORTERS and HIPPOS CREEPZ


the egg comment is about his response to MASS MUSLIM KILLERS......he says its only a few that merely throw eggs

 

[bra_man69]

I didn't remove him

I cant abide by LIARS and DISTORTERS and HIPPOS CREEPZ


the egg comment is about his response to MASS MUSLIM KILLERS......he says its only a few that merely throw eggs

Where does one find them kind of eggs
Does a rgp count as a egg
I can see how one can easily confuse the two

 

[mercury14]

You removed him
Guess the stupid ass clown doesn't think some local farmer doesn't sale to a local store

You don't have much of a point though. For one, there is no regulation yet. The FDA is still considering it and is taking public comments into consideration in the current phase. Secondly, supermarkets already know the nutritional information of the vast majority of their products. If they can't figure out what's in their salad bar maybe they can find an 8th grader to help them read the labels on their mozzarella cheese, bacon bits, and Italian dressing. Third, this would be a one-time cost not an ongoing thing.

The $1 billion cost figure is the product of a lobbying group that isn't the least bit transparent with their math.

 

[Busybody]

mercury14
This message is hidden because mercury14 is on your ignore list.


STFU!

 

[koalabear]

Stocks slump on euro worries

 

[Busybody]

PUTRID PIG calls source a RW BLOG!


http://www.hoover.org/publications/defining-ideas/article/139986



Obamacare’s Fiscal Nightmare

 

[unregistered]

 

[Busybody]

I blame Cliff SandyBush

 

[eyer]

I heard a radio reporter this morning saying that diesel is over $4 / gallon now, and that 10 years ago it was $1.14 / gallon...

...an increase of roughly 400%.


Thank goodness inflation isn't a concern during this repression...

 

[mercury14]

I heard a radio reporter this morning saying that diesel is over $4 / gallon now, and that 10 years ago it was $1.14 / gallon...

...an increase of roughly 400%.


Thank goodness inflation isn't a concern during this repression...

You think gas prices going up are because of inflation?

 

[RobDownSouth]

I know that only the NYT can be believed when it comes to anything Obama, but here's one finding that hasn't been massaged by the Times:
<cns spew snip>

Time for your daily bitchslap:

The problem is that the employment hole is much bigger this time around. The U.S. lost nearly 8.8 million jobs from 2008 to 2010, more than in the previous four recessions combined.

LINK

I realize that since you haven't had a job since the 1990s the news probably escaped you, but the past Bush recession was the worst recession since the Great Depression.

 

[eyer]

And thank goodnessx2 the President and his gang of Dems went after the $400K+ elitists, but left the po' folk alone...

...huh?

Restored Payroll Tax Pinches Those Who Earn the Least

The tax break, which was pushed by the White House to stimulate spending in 2011 and extended in 2012, was always supposed to be temporary. But with pressure building in Washington to reduce the deficit and politicians fighting bitterly over whether to raise taxes on the very rich, the question of how the increase in Social Security taxes would affect the poorest workers did not seem to garner much debate on either side of the aisle.

“I don’t see any reason to consider supporting its extension,” said Timothy F. Geithner, the Treasury secretary, in testimony last year. Even Nancy Pelosi, a reliable liberal who leads the Democratic minority in the House of Representatives, was for letting it expire.

The higher rate applies to all earned income up to $113,700. For a household earning $100,000 a year, the two-percentage-point increase means an additional $2,000 a year in payroll deductions. Economists estimate that the payroll tax increase will reduce disposable income by about $120 billion and shave half a percentage point from economic growth in the first quarter — a significant blow given that the economy is expected to expand only 1 to 2 percent in the first half of 2013.

“If you wanted to design a policy to squeeze the spending of lower- and middle-income households, raising the payroll tax is the way to do it,” said Ian Shepherdson, chief economist at Pantheon Macroeconomic Advisors. “It’s very regressive.”

Retailing analysts and economists say high-end earners will largely be spared.

“I wouldn’t expect it to have much of an effect on BMW consumption,” said Richard H. Thaler, a professor of behavioral science and economics at the University of Chicago’s Booth School of Business. “The people who will notice it the most are the ones making the least.”

http://www.nytimes.com/2013/02/08/b...-those-with-the-smallest-checks.html?hp&_r=1&

 

[Busybody]

PEEPS get what they VOTE FOR

What till NIGCARE TAXES hit

 

[Busybody]

NIGGER CURRY says Krugman didn't say that, Palin is a DUMB KUNT

Paul Krugman channels Sarah Palin, admits Death Panels will be required to keep Obamacare solvent

 

[Busybody]

NIGGER CURRY will list 261 pts why this cartoon is incoorect


http://1.bp.blogspot.com/--56CZ_NbOdE/URFkzvCuhYI/AAAAAAAAH3s/ABbSrmPKrXk/s640/As-You-Liked-It.jpg

 

[Busybody]

You are fucking LUNATIC, NIGGER CURRY

and on IGGY you shall remain

and its YOUR loss,


your only readers are

NIGGER POOP

NIGGER KUZ

and

NIGGER UD


3 Einsteins

 

[mercury14]

And thank goodnessx2 the President and his gang of Dems went after the $400K+ elitists, but left the po' folk alone...

...huh?

If conservatives had their way there wouldn't have been a 2% payroll tax holiday in the first place. They complained when Obama cut that tax.... and now they're complaining when it goes back to normal levels.