U.S. Stocks Rise on Better-Than-Estimated Housing Report
By Rita Nazareth & Sarah Pringle - Feb 27, 2013 11:00 AM CT.
U.S. stocks rose, sending the Standard & Poor’s 500 Index higher for a second day, as better- than-estimated housing data bolstered economic optimism
WE ARE NOT GOING BACK TO THE FAILED SUPPLY SIDE ECONOMICS OF K0CH - DUBYA BUSH - TEA PARTY - SANTELI!!!
In other depressing news about millennials, Pew Research Center economist Richard Fry recently calculated exactly how many recent college grads are living back at home these days using the most recent census data. Spoiler Alert: The numbers aren’t pretty. In 2011, 45 percent of recent graduates (meaning those aged 18-24) were still living with their parents. That's 45 percent higher than it was a decade ago, when only 31 percent of recent grads found themselves back at home.
Interviewed a person today whom was currently working and asked why he was to leave, and this was a fortune 1000 company. His response, they cut hours to 28 hrs a week the day they passed the affordable care act, and I simply can not live like this anymore, I just don't make enough money. How about this, do you want to know about the 700 applications and growing for a junior network position, I posted it last Thursday evening? Do you want to know how sadden I feel to see how many of these applicants are armed force veterans? Do you want me to tell you how many are middle aged people with 20 or more years experience in IT applying for an entry level job? Do you need to know that insurance premiums have increased over 30% a year in the past 3 years? How about this, my hometown the closed GM plant, no one has moved in, we did get a charlies sub shop and a new Taco Bell. What I can tell you is that this president is very bad for the economy and very good for large government. How many employees have to be hired to increase federal spending from 2.x trillion to 3.7 trillion a from 2007 to 2012 respectively. This president is awful, no leader.
What did you expect a guy that's never held a private sector job to do? The federal government has added 400,000 jobs since he took office. Who is paying their salary? YOU ARE! We even have a whole new government agency to protect people who can't read from signing an unfair contract. The CPA is the stupidest nanny agency ever. Now Obama is up for an Oscar for Best Actor in a non-fictional job.