U.S. GDP growth sunk to 1.8 percent annual rate in the first quarter of 2011 after a 3.1 percent fourth quarter rise. Weekly claims for U.S. jobless benefits “unexpectedly” jumped to 429,000 in the April 23 week.

The stimulus failed the and the deficit has never been higher.

The Obama deficit this year will reach $1.65 trillion. (The Captain’s Comments)

The continued bad news is starting to take a toll on the president’s approval ratings.
A majority of Americans disapprove of Barack Obama’s failed economic policies.
McClatchy reported:

Public disapproval of President Barack Obama’s handling of the economy reached a new high in mid-April, according to a new McClatchy-Marist poll, as gasoline prices neared $4 a gallon and Washington lawmakers fought a bitter battle over the federal budget.

Some 57 percent of registered voters said they disapproved of Obama’s economic management, while only 40 percent approved. That’s the lowest score of his presidency.

“These numbers spell political trouble,” said Lee Miringoff, the director of the Marist Institute for Public Opinion in New York, which conducted the survey. “To get re-elected with a 57 percent disapproval rating would be a very tall order.”

Meanwhile, public pessimism is growing: Fifty-seven percent of U.S. adults said they thought the worst was yet to come for the U.S economy, up sharply from 39 percent in January. And 71 percent said the nation was still in a recession, even though the slump, which began in December 2007, officially ended in June 2009.

UPDATE: More bad news for BO… Obama approval at an all-time low (53% disapproval) in Pennsylvania.

More… The dollar is at its lowest rate since 2008. Thanks Barack.

 

ADVERTISEMENT

  1. Majorty??
    also
    –> Department of Redundancy Department (failing…etc)

  2. But the Democratic economy is booming. Burocratic spending is way up, green energy subsities are flowing to chosen companies, foodstams are hiting record enrolment and donations from foigen oil companies are pouring into democratic coffers.

  3. And 71 percent said the nation was still in a recession, even though the slump, which began in December 2007, officially ended in June 2009.

    The so-called recovery is borrowed money going to political allies, big businesses, and big financial firms. In the meantime, the dollar is devaluing because of all the money being printed, and consequently inflation is heating up.

    Obama and the federal government have done NOTHING to help the general public, and they can’t even just get out of the way. They are determined to just screw it up all the way through.

  4. The problem with this Immaculate Deception isn’t where he was born, that he was birthed of an American womb suffices for Natural-Born.

    The problem with this Unmitigated Disaster isn’t the color of his skin, we would by this point have considered ourselves blessed to have as POTUS Thomas Sowell, Walter Williams, or Clarence Thomas.

    The problem with this Pretend POTUS is that he is a useless layabout who maintains no socially redeeming value apart from fathering two children.

  5. ADVERTISEMENT

  6. Here’s the rub, peeps. The policies are failing in our eyes, but to Obama they are a success.

  7. only 57% of the people are racist?

  8. That’s right Betsy Ross.
    You have to wonder what it’s like in the inner circle of the delusional like Obama and Pelosi where they don’t get that people don’t like their policies and they think the problem lies with us.

  9. 43% have their heads up there a$$e$. How could Obama be worse?
    Seriously?
    This guy is a bumbling hack. He has no ability nor intention to fix what is wrong. He sees America’s decline as a feature, not a bug. Virtually every statement Obama makes is a lie or some kind of deception or parsing. This country elected a man without any CHARACTER or INTEGRITY. Personally I believe Obama is emotionally distrurbed. He’s a sick dude.

  10. Who knew there were so many racists in America.

  11. Remember how long it took to recover from Carter . . . well, double it. This guy is even worse. Hard to believe isn’t it?

  12. Who cares about the economy?

    Where the hell is the real longer form birth certificate?

  13. “Betsy Ross” at #5 is spot on. Barack Hussein Obama, raised by committed Socialists, educated by Marxists, befriended by known Terrorists and Alinsky’s Best Known Disciple has to be extremely pleased at the wreckage he is making to this country. He has devoted his life to causing class-warfare and a complete transformation of our economy into a Socialist Utopia.

  14. What is a GREEN JOB? I’m not kidding.
    I asked a 10 year old if he would spend $100 to dig up a $50 gold nugget. The kid understood the economic concept.
    Obama doesn’t. Obama doesn’t care. He isn’t intelligent enough to understand the concept.
    Libtard morons think he is brilliant. He’s so bright they need to look away fo fear of burning their eyes. Please show me WHERE and HOW Obams is bright. By what measure is Obama smart? By picking Kevin Jennings as SAFE SCHOOLS CZAR?? By virtue of his SMART DIPLOMACY.
    Obama is a college boy. Not only is he a college boy, but the GROWN UPS kept patting his nicely trimmed Afro and kept telling him what a good good boy he is!!! He’s never been held to ANY STANDARD…..EVER. He sat on his skinny a$$ on the bench in high school basketball, and bitched to the coach about playing time. Now, he’s brilliant at everything. A MASTER OF ALL TRADES.
    And our economy is in shambles, unemployment is off the charts and the middle east is a powder keg with Opie holding a lighter.
    So naturally a taxpayer funded trip to the OPRAH show to discuss his NATIVITY is in order.
    This guy is the biggest fukk up in history.

  15. Expect a national “rally ’round the flag and president” crisis before the 2012 elections.

  16. The upside is the more he screws up the economy, the more sweeping conservative changes and fixes can be implemented by the new president in Jan 2013.

  17. whatif, it is going to take years to recover from this guy. Maybe a decade or two.

  18. This is not a problem for comrade WTF, as a carnival barker his job is to take the suckers money, so hows that hope and change thingy working for you.

  19. I just heard that Obama is deigning to come to the south in observance of all the storm deaths and damage.

    Even though it is in the south!

    He must be running for reelection.

  20. Unexpectedly? Who exactly was it that didn’t expect this to happen? It kills me how often they say that. There’s no new news here.

    The bigger question…..how are there still 40% of Americans that approve of Obama’s handling of the economy? Who ARE these people? Are they living under a rock or something?

    If we can’t beat this guy in 2012, something is seriously wrong.

  21. Oh, and he’ll probably take the opportunity to tell us we caused the tornadoes by insisting on driving to work and so forth and thus angering Mother Nature and causing Climate Change.

    “This devastation is really terrible,” said Obama. “All the more reason to turn in your gas-guzzling vehicles for a government golf cart.”

  22. I love all the talk about how Zero is unbeatable. In whose world? This guy is a disaster for this country. Yeah, class warfare that is the answer. What a moron. With all the heat about gas prices, and his poll numbers in decline – I suspect he will FINALLY do something to curb the prices, like opening up the moratorium in the Gulf. It will not be because he cares about We the People – it will be because he cares about HIS REELECTION. He is absolutely the worst POTUS ever. He makes Carter look brilliant. Great job, Zero. NOBAMA 2012.

  23. #11…is it possible to be concerned about the economy and the birth certificate. it wasn’t about his birth certificate it was people questioning his eligibility to run for office. a question that EVERY american had the right to be answered BEFORE he ran for office.

  24. The economic news today was terrible and the media is virtually ignoring it. 25,000 new initial unemployment claims. The GDP is on track for an expansion of 1.8% this year.

    http://news.google.com/news/search?aq=f&pz=1&cf=all&ned=us&hl=en&q=unexpectedly

    Yet you have to search very carefully to find any mention at CNN…
    http://www.cnn.com/

    This guys cover the bad economy with the old Stalinist saw about bad weather, and the jobless stats are hidden below the fold…
    http://www.msnbc.msn.com/

    The campaign had begun and the media has folded in advance.

  25. Sorry off string here but maybe worth a look. Great article over at Moonbattery about the sticky note campaign, check it out, hopefully a lot of potential in this.

  26. QUOTE OF THE DAY

    “As a friend noted on Facebook, Obama’s popularity is falling so fast that Kenyans are now claiming Obama was born in the United States.” –Erick Erickson

  27. If the media was rational and interested in the truth, the headlines today would be:
    http://herbegerenews.wordpress.com/2011/04/28/obama-would-not-be-able-to-serve/

    US News: Weeks after White House officials signed an oath swearing they had turned over all of President Obama’s records, independent examiners found more previously unreleased documents.
    The Associated Press, which sued to gain access to the files the latest in a series of embarrassments for White House officials who have repeatedly said they found and released all of Obama’s birth documents and school transcripts, only to belatedly discover more records. Those discoveries – nearly 100 pages, including Obama’s class work – have been the result of freedom of information lawsuits filed in federal courts by AP…

  28. In other important economic and environmental news, Obama is asking for the EPA to take over responsibility for groundwater. Now why would he do this? Let me see…the EPA refused to approve Shell Oil’s plan for drilling in the Beaufort Sea because of possible air pollution from an icebreaker, thereby endangering Shell’s $4 billion dollar investment. Taking over control of groundwater would give the EPA the power to ban fracking. See how easy it is to ruin an entire industry, and destroy a country. Even if that country is the largest, richest, most powerful on Earth.

  29. #4 April 28, 2011 at 11:23 am
    gary gulrud commented:

    The problem with this Immaculate Deception isn’t where he was born, that he was birthed of an American womb suffices for Natural-Born.

    ________

    No, NO it does NOT! Being born in American states, territories or possessionsfrom an American womb by way of non-American sperm makes you Native Born and a dual citizen – one step up from anchor baby.

    A natural born citizen has TWO American parents and was born in a US state, territory or possession.

  30. The weather team at corporate sibling WJLA Wednesday night confirmed a tornado touched down around the golf course at Andrews Air Force Base.

    Fortunately, the Secret Service wrestled the “racist” tornado to the ground.

  31. Bitter racists cl;inging to their religion, guns and money.

    Czar Obamao says you got to spread the wealth around to his posse.

  32. Any Stratfor readers out there???? They say the dollar will remain the reserve currency and never mention spooky dude; his quotes on the managed decline of the dollar and his goal to move to a one world currency. I can’t figure out their clear lack of many details in their reports…..they must be trying to remain very neutral but I am fed up.

  33. @#13 gus-”Please show me WHERE and HOW Obams is bright.”

    Isaiah 14:12
    12How art thou fallen from heaven, O Lucifer, son of the morning! how art thou cut down to the ground, which didst weaken the nations!

    Son of the morning is actually describing his “shineyness or brightness” which has nothing to do with his intelligence.

  34. And these are people with jobs who say this. . .
    the others are “feeling” the failure of Obama with unemployment rising

    http://finance.yahoo.com/news/More-people-applied-for-apf-1056781553.html?x=0&.v=2

    and economy slows while inflation grows
    http://news.yahoo.com/s/nm/20110428/ts_nm/us_usa_economy

    And Gallup says most believe we are in a recession (just wait)
    http://www.reuters.com/article/2011/04/28/us-usa-economy-gallup-idUSTRE73R3WW20110428?feedType=RSS&feedName=domesticNews

    What is the Misery Index now? It will be going UP from March. . .
    http://www.miseryindex.us/

    OBAMA – One Big A$$ Mistake America!

    OBAMA — Incompetent, Inept, Inexperienced & now Inexcusable. . .O-buma

  35. Well, even if Conservatives win big in 2012, there is still the entrenched bureaucracy to beat. They’ll be sure to drag their feet and call upon AFSCME union lords to prevent the requisite firings needed to stop the reckless spending.

  36. All I have to do is

    1)- put gas in my car… it keeps costing me more & more…
    2)- buy something else- anything. More & more costs…
    3)- remember my three-year search for work- there are no jobs.
    The classified section of our paper has been empty- “Zero”- for over a year.

    The “Peter Principle” is about to be renamed
    “The Obama Principle…”

  37. Can anyone tell me the name on line 21 of the local Registrar?
    http://www.whitehouse.gov/sites/default/files/rss_viewer/birth-certificate-long-form.pdf

    I hope “U K La Lee” is a real person. Sounds awfully like a Hawaiian instrument. . .

    Hope we are not being played

    If this is a joke OBAMA and his crew is playing on the American people. . . what disdain and arrogance this displays.

© Copyright 2012, TheGatewayPundit.com. All rights reserved.
Privacy Policy | Terms and Conditions | Web Development By Arlington Kirk