Consumer prices were up 0.3% for October despite the fact that hundreds of thousands of jobs are lost each week under Obama’s economic policies. Is this the start of the inflation that many including Warren Buffet have predicted will come as the result of the massive spending, debt and debasement of the US$ that are the cornerstones of Obama’s economic policies? Does Obama friend and campaign supporter, anti-American and socialist George Sorros know something?
Housing building permits fell 4% and construction dropped more than 10% in October.
What great indicators that the socialist policies of Barack Obama are working so well for individual Americans.
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