Skip to comments.Neither Obama Nor The Private Sector Is Doing Fine
Posted on 06/08/2012 1:02:04 PM PDT by CaroleL
Presidential candidate Barack Obama took a break from his jam-packed fundraising schedule this morning to squeeze in a special guest appearance as President of the United States. Almost a week after the most recent round of dismal employment reports, Mr. Obama took to the podium to make what was advertised as a statement on the economy. Not surprisingly, the event was just another stump speech from our Campaigner-in-Chief.
Arriving 25 minutes late, the president delivered the same old excuses and called for the same old non-solution - specifically that Congress pass the "jobs plan" he's been pushing for almost a year.
Of course that jobs plan is nothing but more wasteful government spending just like the $800 billion stimulus which failed to produce the promised results. Yet today the president claimed that had this latest scheme been approved by Congress, "we'd be on track to have a million more Americans working this year. The unemployment rate would be lower. Our economy would be stronger."
Not able to stop at one incredulous statement he went on to say, "The private sector is doing fine" and "if Republicans want to be helpful" they should "be thinking about how do we help state and local governments."
(Excerpt) Read more at talkingsides.com ...
As much as it hurts me personally, and The Country as a whole, I don’t want to see even the slightest improvement before election day. 0bama will take credit, even if he fought against it, and in the long run his socialist policies will destroy the economy and The Country.
Why does Congress need to pass some jobs bill? What about Porkulus?
When Porkulus was passed, we were told by Obama that it would keep unemployment below 8%. It failed in its stated goals.
Why should we believe that yet another jobs program from Congress will help the jobs picture?
Or, what does it say about Obama, that Obama’s signature economic program, Porkulus, was a failure? What does that say about his judgement about what should be done to help the economy?
Or, why won’t he be compelled to admit that Porkulus was a failure, if he’s coming back yet again and asking for Congress to act on something? If Porkulus had done what it was supposed to do, we wouldn’t even be having this conversation.
Obama does have something to hide behind on the failure of porkulus...although he doesn’t need anything real as he will claim unreal things all of the time.
The current head of CBO was quizzed about porkulus in congressional hearings. Paul Ryan and several other whiz bang budget and finance types had a go at this Elmendorf character and here was his answer...
CBO head Elmendorf repeatedly claimed that they had analyzed the stimulus effect and concluded it did not live up to expectations; however, it did create more economic activity THAN IF THERE HAD BEEN NO STIMULUS.
He said he knew there were other analyses out there that disagreed with theirs.
Obama can easily lie. Does so nearly every time he speaks. But here, all he need do is slide around the truth that porkulus miserably failed its stated goals by focusing on the idea that things would’ve been worse without it, and cite CBO.