Stimulus!

New Weekly Jobless Claims Rise 25,000 to 471,000
Associated Press

The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months. The big surge was a setback to hopes that layoffs were declining.

"Unexpectedly"! Ha, ha. Only among the kool-aid drinkers at the AP.

Heckuva job, Obysmal.

Now taxes have to go up to pay for Obie's profligate spending that accomplished nothing but the expansion of Government. And interest rates are going up also, so Treasury can keep peddling US debt obligations to the Chinese.

Higher taxes, higher interest rates, and massive, spiraling deficits funded by the Chinese: How's that for an economic growth package? How's that for maintaining foreign policy leverage with the Chinese? Obama kow-tows and meets the Dali Lama in a side room, the Taiwanese are being bought and paid for, the North Koreans are now sinking South Korean ships with impunity, China goes back and forth on sanctions while Iran's nuclear development continues.

Obama doesn't have the slightest idea what he's doing. He's got a Treasury Secretary who either cheated on his taxes or couldn't figure out Turbo Tax (take your pick), and who also admits that he's never held a real job. And an Attorney General who actually wanted Al Qaeda terrorists tried in Manhattan, and who offers silly critiques of laws he admits he hasn't read. And so on, and on.

This administration is a disaster, a study in clueless incompetence from top to bottom.

Byron