More Pain: Jobless Claims Up, Inflation Up, Recession Looms

Americans asked for more pain when they reelected Barack Obama…
And Obama’s going to bring it.

Jobess Claims Up: Applications for jobless benefits surged by 78,000 to 439,000 in the week ended Nov. 10, the most since April 2011
Inflation Up: Consumer prices rose slightly last month as higher rents and costlier food offset cheaper gas.
Recession Looms: The euro zone debt crisis dragged the bloc into its second recession since 2009 in the third quarter despite modest growth in Germany and France, data showed on Thursday.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

 

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