Obama's McDonald’s Economy
McDonald's Hires 62,000
How many years with a Republican as President did we hear the Democrats laugh and say the jobs created were fast food i.e. McDonald’s jobs? Unemployment went down with Republican Presidents. Under Barack Obama unemployment has gone up and up.
The number of applications for unemployment benefits in America rose last week, a sign that progress in the labor market may be fading. Jobless claims increased by 25,000 to 429,000 in the week ended April 23, the most in three months, according to data from the Labor Department in Washington today.
In Obama's defense he truly is the McDonald's president. McDonald’s and its franchisees hired 62,000 people in the U.S. after receiving more than one million applications, the Oak Brook, Illinois-based company said today in an e-mailed statement. Previously, it said it planned to hire 50,000.
After all the stimulus money spent. After all of Obama's demagoguery of the wealthy. We see that the community organizer can only create a few low end fast food jobs.
Obama and the Democrats have increased the deficit by over $5 trillion since he took office. America has 62,000 low paying fast food jobs to show for it. We could have saved trillions by giving each if these 62,000 people a million dollars each. That would have done more good for the economy than Obama has.
Obama is in over his head. He doesn't understand capitalism. In fact he hates it. He doesn't understand foreign affairs. Obama is a community organizer who can demagogue people who have made achievements in America.
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