2/3/2016 The Obama-Hillary
administration has been a foreign policy and a national disaster with security breaches. Corruption and unconstitutional retaliation using
IRS, Justice Department, NSA and other government agencies has never been worse
in American history. Demand for commercial
and industrial loans has plunged as we enter 2016. Large
and midsized businesses already suffered a 11.1 percent decline, while demand
from small businesses fell 12.7 percent.
Friday's report showing that gross domestic product grew at just a 0.7
percent annual rate in the fourth quarter dashed all hopes for economic liftoff. “Paul Ashworth, chief U.S. economist
at Capital Economics, put it this way.
"Furthermore, banks reported that the weakness in demand for loans
from businesses was primarily because the latter were scaling back their
investment plans," he added. "That suggests any rebound in investment
in equipment in the first half of this year (2016) will be muted at best. With
the mining, manufacturing and agriculture sectors all hurting, we hadn't
expected much from business investment this year, but the drop off in loan
demand is worse than we would have expected."
The stock
market is trembling in fear and poised for what we expect will be the largest
market decline of the Obama-Hillary legacy of incompetence, stupidity, and
corruption. That should end with a
partial market recovery as Americans look forward to throwing the current
administration out in November.
2/1/2016 Government data showed how tepid global
growth is exposing anew the fact that the nation's long and sluggish recovery has
ended. And consumer confidence never
even achieved the pre-“stupid party” era before Obama-Hillary. Factory orders continue to contract.
The stock
markets are still hovering over the January decline awaiting the next plunge as
a world wide depression threatens all markets and trade. The Donald Trump phenomenon is the only hope
now that corrupt repressive socialist stupidity could be erased next year. But this year is still looking like even more
of the Obama-Isis-Clinton chaos in the world and American economy.
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