Fox Nation has decided that any lay-offs that happened after the re-election of President Obama are all Obama's fault. Their headlines falsely accuse the president's reelection of triggering "massive layoffs" when the reality is quite different. Today's Fox Nation article, "Obama Reelection Layoffs Continue" is laughable considering the gap between reality and Fox Nation.
Got cognitive dissonance?
From Think Progress:
Corporate Profits Hit Record High While Worker Wages Hit Record Low
By Pat Garofalo on Dec 3, 2012 at 9:25 am
A constant conservative charge against President Obama is that he is inherently anti-business. However, businesses keep defying the storyline by making larger and larger profits, rebounding nicely out of the Great Recession.
In the third quarter of this year, âcorporate earnings were $1.75 trillion, up 18.6% from a year ago.â Corporations are currently making more as a percentage of the economy than they ever have since such records were kept.
Corporations made a record $824 billion in profits last year as well, while the stock market has had one of its best performances since 1900 while Obama has been in office.
(Includes a nice chart — with colors!)
You really oughta step outside Fox News bubble sometime, Dan — you’d be amazed at what you find . . .
I must school you on Economics 101…. without profits, no taxes are paid!!!!! There is a marketplace and it is your consumer choice to spend least, middle or higher on a product ( tablets)… Kindle up to Apple iPad… it is not the requirement of the seller that they all be the same price, nor make zero profit!!!!! YOU fool.
Dan Clayton: “The headline is correct!! You at NewsHounds are
foolish and wrong to misrepresent reality . . . The guy is purposely trying to kill the country with his bloated spending and not solving ANY issues.”
Who’s got cognitive dissonance? ^ THIS guy! ^
coming and Obamacare… operating costs will rise.
The headline is correct!! You at NewsHounds are
foolish and wrong to misrepresent reality. So, you
think Bush should be blamed going forward some more!?! For another four years. Turn on your brain sometime soon… I wouldn’t vote for Obama
for a local city council or Mayor position. The guy is purposely trying to kill the country with his bloated spending and not solving ANY issues.