Godlike Productions - Conspiracy Forum
Users Online Now: 1,720 (Who's On?)Visitors Today: 346,863
Pageviews Today: 437,101Threads Today: 100Posts Today: 1,818
03:10 AM

Rate this Thread

Absolute BS Crap Reasonable Nice Amazing

The Worst Economic Numbers In More Than A Year


User ID: 24118278
United States
11/15/2012 10:27 PM
Report Abusive Post
Report Copyright Violation
The Worst Economic Numbers In More Than A Year
With everything else that is going on in the world, a lot of people have failed to notice that we are seeing some of the worst economic numbers that we have seen in more than a year. For example, it was announced on Thursday that initial claims for unemployment benefits have hit their highest level in a year and a half. Hopefully this is just a temporary blip in the data, because initial unemployment claims tend to have a very strong correlation with the overall performance of the economy. We also continue to see poverty statistics rise. According to government statistics released earlier this month, the number of Americans living in poverty and the number of Americans on food stamps are both at all-time record highs. Meanwhile, the Dow and the S&P 500 are both down more than 5 percent since the election and the U.S. government rolled up 22 billion dollars more debt in October 2012 than it did in October 2011. The unfortunate truth is that things are not getting better. The U.S. economy continues to become weaker and more unstable, and there are a whole lot of reasons to be very pessimistic about our economic situation as we move into the winter months.

Let’s take a closer look at some of the troubling economic numbers that have been released in recent days…

Read more at [link to investmentwatchblog.com]