Obamanomics – ain’t it fun? Update: More bad news

May 22, 2009
By Comments are off for this post
AP Photo/J. Scott Applewhite

AP Photo/J. Scott Applewhite

There isn’t much good news to report about the economy heading into Memorial Day weekend.

Inflation is going to rise, the dollar is in a free fall, and the US deficit is so out of control that the United States is at risk of losing it’s AAA credit rating.

Obamanomics at work. Can we survive three and a half more years of this guy?

Update – I think the answer is “no, we can’t.” The Wall Street Journal reports that soon the US jobless rate may top Europe’s.

Via Memeorandum

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