Obama Destroys the Economy, Spreads the Wealth, Convenes a 'Health Care Summit' and 496,000 Americans Lost Their Jobs

by the Left Coast Rebel

Can you say 'out of touch'? And everything in the title is related, you know. To imagine that the morning of Obama's 'health care summit' (when Americans care 10x more about their jobs and the economy), the economic news came out showing details worse than anyone expected. Americans are still suffering and losing their jobs at a record pace and you can blame it on Obama and the radical anti-capitalist Congress. Just look at the Toyota show trials as an example of this as well.

Feb. 25 (Bloomberg) -- The number of Americans filing first-time claims for unemployment insurance unexpectedly increased last week, a sign that the economic recovery will be uneven as the labor market struggles to rebound.

Initial jobless applications rose by 22,000 to 496,000 in the week ended Feb. 20, the highest level in three months, Labor Department figures showed today in Washington. The total number of people receiving unemployment insurance gained and the four- week moving average of weekly claims jumped close to a three- month high.

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