The Krile Files

It’s The Stupid Economy

February 1, 2008 · 2 Comments

The President’s starting to sound like one of the worriers…saying there are now “serious signs” the economy is weakening. No kidding.

At the very least, the numbers are disappointing:

Jobs report much worse than usual

Forecasts prior to the announcement were for a soft 70,000+ new jobs though the results were much, much worse. The US economy is going in reverse thanks to years of Republican policies. The economic boom that most never experienced (outside of the board rooms) is crashing down. The unlucky Americans who never bounced back from [...]

Aw, heck. Let’s pound away a bit more, shall we?

Wall Street Journal: Budge Hits $3 Trillion as Debt Marks Bush Legacy

George W. Bush took office in 2001 with budget surpluses projected to stretch years into the future. But it’s almost certain [...]

Something’s seriously out of whack when you can balance those reports with this:

Exxon Mobil posts record profits

Exxon Mobil Corp. on Friday posted the largest annual profit by a U.S. company — $40.6 billion — as the world’s biggest publicly traded oil company benefited from historic crude prices at year’s end. Exxon also set [...]

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