In response to:

Obama’s Psycho Job Phobia

RHSimard Wrote: Jan 18, 2013 12:31 AM
What's killing the economy more is the volatility, unpredictability and business-hostility coming from the ruling Washington regime that leads investors and corporations to hold back capital instead of plowing it into productive enterprise, which is the ONLY place that real job creation ultimately happens. When investors hold back, industrial and business wheels stop, and stopped wheels don't hire people to stare at them. Until investors can find the confidence to put their capital at risk, the economy, and jobs, will go nowhere.
karpe diem Wrote: Jan 18, 2013 1:13 AM
this is exactly what obama does not want: he wants more people relying on big gov't so he can manage the economy. he makes regulations to pull the rug from under businesses, and they are holding on to their money rather than invest it not knowing what they will be hit with next from big gov't. people are also holding on to what money is left after the tax hikes which are knows and the hikes which are not known yet but are sure to come. the more money BO takes out of the economy the more poor people are created, which is his plan.

Good news everyone: Jobless claims on a weekly basis fell to a five-year low according to the Labor Department.

Bad news everyone: Yet still more people remain jobless.

And why is that? Because Obama doesn’t care about jobs.

When you reckon out the newest jobless figures using the Obama’s best calculus, the weekly decline doesn’t mean that fewer people are unemployed.

That would be asking way too much from an administration that seems phobic about private-sector job creation.

“Applications for jobless benefits decreased by 37,000 to 335,000 in the week ended Jan. 12, the lowest level since the period ended Jan....