unemployment

Obama and the Democrats Failed the Poor.  Poverty rate highest since 1993

Obama and the Democrats Failed the Poor. Poverty rate highest since 1993

The number of Americans living below the poverty line rose to a record 46 million last year, the government said on Tuesday, underscoring the challenges facing President Barack Obama and Congress as they try to tackle high unemployment and a [...]

OBAMANOMICS: Unemployment Rate increased to 9.2%

OBAMANOMICS: Unemployment Rate increased to 9.2%

President Obama found a way to blame everyone else except his own economic policy.  Obama says that Business don’t want to add jobs because Republicans have delayed raising the debt ceiling.  Keep in mind that just a couple of weeks [...]

Obama Administration Offers Mortgage Relief To Unemployed Homeowners

Obama Administration Offers Mortgage Relief To Unemployed Homeowners

Adjustments to FHA and MHA requirements to allow 12-month Forbearances (Washington, DC)- Today, the Obama Administration announced adjustments to Federal Housing Administration (FHA) requirements that will require servicers to extend the forbearance period for unemployed homeowners to 12 months.  The [...]

Obama Misery Index tops Bush

Obama Misery Index tops Bush

IBD has brought back the Misery Index to the News.  President Obama Average Misery Index is 10.37 topping that of George W. Bush 8.11 and Clinton at 7.8.  While things are bad, Obama does not top the Days of  Jimmy [...]