First time visitor? Learn more.

The Obama Boom: Industrial Production falls .01%

by Rodan ( 2 Comments › )
Filed under Economy, Headlines, unemployment at February 15th, 2013 - 12:09 pm

Despite the happy talk from the media, which is causing consumer optimism to increase, nothing much has really changed. The economy is still limping along sluggishly and American living standards are in decline. Food and energy costs continue to increase, while incomes remain stagnant. Industrial production dropped 0.1% for the month in January.

U.S. industrial production unexpectedly fell in January, weighed down by weak manufacturing and mining, according to a report on Friday that was another sign of slow economic activity at the start of the year.

Industrial production dipped 0.1 percent last month after a revised 0.4 percent gain in December, the Federal Reserve said.

This news does not matter to most Americans. they are being told the economy is booming, despite the fact most are struggling. Perception is now reality in Obama’s America. facts no longer matter.

Tags: ,

Comments

Comments and respectful debate are both welcome and encouraged.

Comments are the sole opinion of the comment writer, just as each thread posted is the sole opinion or post idea of the administrator that posted it or of the readers that have written guest posts for the Blogmocracy.

Obscene, abusive, or annoying remarks may be deleted or moved to spam for admin review, but the fact that particular comments remain on the site in no way constitutes an endorsement of their content by any other commenter or the admins of this Blogmocracy.

We're not easily offended and don't want people to think they have to walk on eggshells around here (like at another place that shall remain nameless) but of course, there is a limit to everything.

Play nice!

2 Responses to “The Obama Boom: Industrial Production falls .01%”
( jump to bottom )

  1. 1 | February 15, 2013 12:46 pm

    BOOOOOOM!


  2. darkwords
    2 | February 17, 2013 5:12 pm

    Confidence or Confidence scheme?


Back to the Top

The Blogmocracy

website design was Built By David