The American Dream
March 5, 2011
Haven’t you heard? The coming economic collapse has officially been cancelled. The U.S. economy is in full recovery mode. It has just been announced that the U.S. unemployment rate fell to 8.9% in February. That was the third monthly decline in a row. 192,000 new jobs were created in the U.S. during February. That was the fifth month in a row in which the U.S. economy has gained jobs. Corporate profits are way up. For the most recent month that numbers are available, sales of GM vehicles were up 49%, sales of Chrysler vehicles were up 13%, and sales of Ford vehicles were up 10%. Can’t you see? The great American economic machine has roared back to life. The stock market is way up this year. The recession is over. Our financial system is more stable than ever. Pretty soon all Americans that want jobs are going to be able to get jobs and all of our government debts are going to be paid off. The greatest days for the U.S. economy are just around the corner. So don’t worry, be happy.
Don’t worry, be happy – the U.S. unemployment rate is falling and it will continue to fall. Don’t be concerned that according to Gallup, the U.S. unemployment rate actually rose to 10.3% at the end of February. Everyone knows that U.S. government numbers are far more accurate than the numbers that Gallup puts out. Just don’t pay any attention to the “doom and gloomers” and just keep on watching American Idol. Very soon there will be plenty of jobs for everyone.
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WASHINGTON – Four Democrats are joining a Republican effort to block the Environmental Protection Agency from reducing heat-trapping pollution blamed for global warming.
Rep. Nick Rahall of West Virginia, Rep. Collin Peterson of Minnesota, Rep. Dan Boren of Oklahoma and Sen. Joe Manchin of West Virginia will sponsor a bill supported by 43 Senate and seven House Republicans that would bar the EPA from using federal law to control greenhouse gases from power plants, refineries and other industrial facilities.
The measure is the latest to be introduced in the Republican-controlled House, where at least a half-dozen bills target the EPA and its efforts to control air and water pollution. Several bills blocking or delaying agency rules have also been filed in the Senate, where their fate is far less certain.
None of the EPA's actions is as controversial as its rules on global warming, which Republicans and some Democrats say will raise energy costs and cause job losses in an already fragile economy. The Obama administration counters that controlling global warming pollution is necessary based on scientific evidence that it is threatening public health and the environment. The EPA also says the rules will ultimately yield more health and economic benefits than costs, much like many other Clean Air Act regulations.
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