“It’s time for those who have a job, a car, a roof over their heads, and food on the table to step up and bear a bigger share of the costs of providing for those who don’t,” the President told a crowd of supporters at a campaign speech in Washington.
The standard Marxist-Leninist line; rather than free business from pathetic and binding regulations that stifle the economy - and thus allow the economy to support the indigent - the rabble rouser foments The Revolution by crippling the economy and blaming business.
In that way, the rabble rouser shifts support to the Marxist revolution - and himself to the place of prominence - for which he hungers. And the fools eat it up, motivated by jealousy and anger.
It’s always easier to steal from those who have, when backed by the government - than it is to go out and make your own pile.
Especially when the government makes business well nigh impossible.
Obama is nothing more nor less than a communist demagogue in a generation that is too young to recall where it is that this path of national suicide leads.
ROSENBERG:
‘Over 40% of job growth in January and February was weather-related’
By Business Insider 7:37 AM 03/22/2012
Gluskin Sheff + Associates’ chief economist and strategist David Rosenberg doubled down on his bearish call for the U.S. economy in an interview with CNBC today.
He even asserted that “over 40 percent of the job growth in January and February was weather-related.”
That would mean that more than 193,802 of the 484,504 jobs added over this time period were simply due to nice weather.
“What happens in January and February is you get a bell curve on the data because half the country is normally snowed under,” Rosenberg explained. He estimated that the household sector had saved $30 billion in lower utility bills, and that this created unusual strength in the household sector.
Without such a mild winter, he suggests, the data would have continued to illustrate what has been a deeply dismal recovery.
With all the stimulus being provided by the federal government and the Federal Reserve, “of course you’re going to have some growth,” Rosenberg admits. Even so, “this goes down as the weakest economic recovery ever, despite the government stimulus—and that tells you something.”
HIs assertion that “we’re basically reliving what happened last [year]” proved the icing on the cake to his bearish call.