Thursday, May 10, 2012

Poll Shows Americans' Pessimism On Economy Growing


A gloomy outlook on the economy extends across party lines, a new Associated Press-GfK poll has found, and handling the nation's economy remains President Barack Obama's biggest challenge in his bid for a second term.

Almost two-thirds of Americans disapprove of the president's handling of gas prices, a new high. That shift comes despite a steady decline in gas prices in recent weeks.

The public tilts negative on the president's handling of the overall economy, and just 22 percent say the economy improved in the past month.

Muslim Baby Ordered off Plane, Suspected of Being a Terrorist

al Qaeda might have young members. But 18 months old? This case another example of the stupidity of the TSA and the no-fly list. It's outrageous. I hope this family sues:

EIghteen-month-old Riyanna has been called a lot of things: cute, adorable and now ... a suspected terrorist.

She was called that on Tuesday night at the Ft Lauderdale Airport. She and her parents had just boarded a JetBlue flight when an airline employee approached them and asked them to get off the plane, saying representatives from the Transportation Security Agency wanted to speak to them.

ALSO: Man buys candy bar, then steals cash from register

"And I said, 'For what?'" Riyanna's mother told only WPBF 25 News on Wednesday. "And he said, 'Well, it's not you or your husband. Your daughter was flagged as no fly.' I said, 'Excuse me?'"

Riyanna's father was flabbergasted.

"It's absurd," he said. "It made no sense. Why would an 18-month-old child be on a no-fly list?"

Riyanna's parents, who asked not to be identified, said they think they know the answer to that question. They believe they were profiled because they are both of Middle Eastern descent. Riyanna's mother wears a hijab, a traditional head scarf. That's why they have asked to remain anonymous. They said they're concerned about repurcussions. That said, they are both Americans, born and raised in New Jersey, just like their daughter.
 Full article

U.S. trade gap widens to $51.8 billion in March

The beat goes on. Trade deficits have existed for decades in the U.S. It is what is destroying American jobs and weakens the economy. It is why we don't make anything anymore. But it is also great for corporations that take advantage of cheap labor abroad:

The U.S. trade deficit widened sharply in March as imports snapped back, reversing course after having fallen the prior month, the Commerce Department said Thursday.

The nation’s deficit expanded 14.1% in March to $51.8 billion from a revised $45.4 billion in February, government data showed.
We know exactly what the trade deficits cost in jobs:
Nearly 2.8 million U.S. jobs eliminated or displaced since 2001 due to growing U.S.-China trade deficit, EPI analysis finds

The U.S.-China trade deficit has eliminated or displaced nearly 2.8 million U.S. jobs since 2001, a new Economic Policy Institute (EPI) briefing paper finds.  Growing U.S. trade deficit with China cost 2.8 million jobs between 2001 and 2010 by Robert Scott, EPI’s Director of Trade and Manufacturing Policy Research, finds that all 50 states, the District of Columbia and Puerto Rico suffered jobs lost or displaced as a result of the growing U.S.-China trade deficit.