We're in deep, deep economic trouble. And these liberals are going to friggin' sing and dance along, all the way, as they dance off a cliff.
WAKE UP AMERICA!
Posted on 07/03/2010 12:51:34 AM PDT by JohnHuang2
The Washington leadership never misses an opportunity to blame the eight years of Bush policies for the economic problems that have befallen the nation. CNN news touts a poll that says 53 percent of the people blame Republican policies for the mess. Both are wrong. Republicans certainly contributed over the years, but the cause of the economic problems must be laid squarely at the doorstep of the Democrats.
The root cause of the economic problem is government interference with the free market.
(Excerpt) Read more at wnd.com ...
The Bureau of Census Jobs Statistics -- er, Labor Statistics -- yesterday reported that 125,000 jobs were 'unexpectedly', startlingly, surprisingly, unanticipatedly eliminated from the 'recovering' economy in June. Expert expectors were stunned, shocked, dismayed that temporary census jobs would last for a limited time only. But few predict a double-dip recession after reports of Elin Nordegren's still-sizable divorce settlement.
Obama hailed the abysmal jobs report as showing America going down the right path, although "we're not headed there fast enough for a lot of Americans" and "we're not headed there fast enough for me, either." But I can see the edge of the cliff! Step on the gas! We're almost there!
Private-sector employment grew by a dismal 83,000, while the pirate-sector -- er, public-sector, sorry -- shed 208,000 jobs, the report's only bright side.
The average workweek was down. "Average hourly earnings of all employees in the private nonfarm sector" were down, with no detectable growth in "average hourly earnings of private-sector production and non-supervisory employees" either, (bls.gov). The number of long-term jobless (unemployed for 27 weeks or more, representing almost half the unemployed) was stuck at 6.8 million. The number of part-time workers who want full-time work but can't find full-time jobs was stuck at 8.6 million.
Construction jobs were down by 22,000. Wholesale employment dropped by 6,600; the goods-producing sector lost 8,000 jobs. Jobs in motor vehicles and parts were down 2,600 and financial activities lost 15,000 jobs. Factory employment growth shrank from 32,000 in May to 9,000 in June. As Obama said, we're headed in the right direction.
On a brighter note, employment in the hospitality and leisure industries rose by 37,000, but half of those were licensed massage therapists for Al Gore.
The jobless rate inched down from 9.7 to 9.5 percent primarily because some 652,000 people gave up looking for a job in Obama's jobs paradise. The rate would've topped 10 percent had they not given up their fruitless search. According to the government, an unemployed person who gives up looking for a nonexistent job is not considered unemployed.
With even the Socialist Party now disowning him after endorsing him for president, Obama wants to rush amnesty for 25 million illegal aliens since these criminals will be all that remains of his shrinking base by 2012.
Obama blames his incompetence and crappy economy on Bush, who's in the 18th month of his third term, running the country from Crawford. During his two terms, liberals complained whenever Bush dropped by the ranch 'rather than doing his job' ("BUSH STARTS MONTHLONG VACATION IN TEXAS!"), now the same ninnies think the good-for-nothing lazy-arse cowboy's calling all the shots from the ranch's grassy knoll.
From the big picture angle, Obama's lousy economy is the perfect metaphor. Eighteen months into Obamanomics, whether it's consumer confidence sinking or the labor force shrinking or paychecks shriveling or the market cratering or factory orders tanking or the deficit soaring or revised GDP estimates to revised GDP estimates shrinking or the epic-sized sinkhole the housing market is falling into, you see in the economy a perfect reflection of Obama -- reeling, stumbling, tottering and tripping, staggering along, aimlessly, zigzagging all over the joint.
One trillion dollars of wasted 'stimulus' and we get 3.2 million Obama speeches demanding more failed stimuluses.
Speaking to "reporters" before jetting off on Air Force One to attend a funeral for Robert Byrd who joined the Klan to become a prominent Democrat, Obama vowed to fight tooth and nail to somehow create jobs for people besides Joe Sestak. But to crank up the economy and get businesses hiring again, the best thing Obama could do tomorrow morning is announce he's firing himself.
Anyway, that's...
My Two Cents...
"JohnHuang2"
We're in deep, deep economic trouble. And these liberals are going to friggin' sing and dance along, all the way, as they dance off a cliff.
True.
Get government out of the market:
I really can't see that happening any time in the next several years. If the Pubbies win every possible seat in November I don't see it happening. If a conservative wins the WH and Pubbies win every seat possible in 2012 I don't see it happening. I hope I'm wrong but I don't see them having the will to do what is necessary and, with the pieces set in motion already, I don't see how disaster can be stopped if the will did exist.
Dem’s cure is to kill the patient!
You are right, of course. Once the government gets its greasy, filthy hands into the pie, it won’t let go. Ever.
Tax and spend all the middle class tax money is all they do and they have people who continue to elect these thieves and liars.
It is a hard reality to accept but that is the conclusion I have come to. I want to be wrong. I hope some factor I haven’t considered intervenes. Having a bleak outlook on life is not where I’m coming from and a bleak future is not where I want to go.
BUMP! BUMP!
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