I knew it, you knew it. We’ve all felt it in our wallets. It has been a slight sting to some, a powerful blow to others. Life in America IS more expensive with President Obama steering the economic ship. No doubt, it will continue to become more expensive.

CNSNews.com

So far, during the presidency of Barack Obama, the price of a gallon of gasoline has jumped 83 percent, according to data from the Bureau of Labor Statistics.

During the same period, the price of ground beef has gone up 24 percent and price of bacon has gone up 22 percent.

When Obama entered the White House in January 2009, the city average price for one gallon of regular unleaded gasoline was $1.79, according to the BLS. (The figures are in nominal dollars: not adjusted for inflation.) Five months later in June, unleaded gasoline was $2.26 per gallon, an increase of 26 percent. By December 2011, the price of regular unleaded gas per gallon was $3.28, an 83 percent increase from January 2009.

“Happy days are here again, the skies above are clear again, Let us sing a song of cheer again, happy days are here again. Altogether shout it now, there’s no one who can doubt it now. So let us tell the world about it now, happy days are here again. Your cares and troubles are gone, there’ll be no more from now on. Happy Days Are Here Again!”

Denver Business Journal

Colorado’s official unemployment rate dipped again in December 2011 for the fourth straight month, to 7.9 percent, the lowest rate since March 2009, the Colorado Department of Labor and Employment reported Tuesday.

Meanwhile, two different government surveys of jobs and employment in the state showed conflicting trends.

Image: winnond / FreeDigitalPhotos.net

The shirking of duty. That is the legacy of the Harry Reid lead Senate. In that time the Senate has passed the so called, Obamacare legislation, bailouts and stimulus.

Yet no budget.

President Obama will deliver his State of the Union speech this evening. Will he pressure the Democrat lead Senate to pass a budget?

Image: jannoon028 / FreeDigitalPhotos.net

I’m sure the increase is due solely to UPS letting go of the workers they hired for the holidays.

We all know that the economy is okie-dokie.

Those newly unemployed seasonal UPS workers are sure to find a McDonalds gig any day and the economy will be right back on track.

You just don’t worry your pretty little head about it.

IBT

The Labor Department said new claims in the week ended Jan. 7 increased by 24,000 to 399,000. Jobless claims have registered below the key 400,000 mark — a level historically associated with an improving labor market — in nine of the past ten weeks. Economists polled by Reuters called for an increase of 3,000.

$15 Trillion is NOT a milestone, it’s a millstone. A millstone around your neck and mine. A millstone around the necks of our children and their children.

US National Debt: $15 Trillion

Unfunded Liabilities: $116 Trillion

Where we were on this day in the year 2000.

US National Debt: $5 Trillion

Where we will be in the year 2015 (projected).

Us National Debt: $23 Trillion.

Image: graur razvan ionut / FreeDigitalPhotos.net