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Memo To Obama: It’s Government That Is Doing Fine
Investor's Business Daily ^ | 06/12/2012 | John Merline

Posted on 06/12/2012 5:36:33 AM PDT by IBD editorial writer

President Obama’s claim Friday that “the private sector is doing fine” sparked a firestorm of attacks from Republicans and prompted a quick retraction, of sorts, from Obama, who later said “it is absolutely clear that the economy is not doing fine.” But what has gone largely unnoticed was Obama’s complaint that it’s the government that’s hurting these days. “Where we’re seeing weaknesses in our economy,” he said Friday, “have to do with state and local government.” But a review of data from several government sources paints a different picture.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: government; jobs; obama; spending

1 posted on 06/12/2012 5:36:48 AM PDT by IBD editorial writer
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To: IBD editorial writer

Even the *government* is not fine. It is heading toward the cliff as well....because it is strongly connected to the people (the private sector) it pushes in that same direction.


2 posted on 06/12/2012 5:56:02 AM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified Decartes))
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To: IBD editorial writer

But government isn’t doing fine; it’s wallowing, gasping for air like a gigantic Moby Dick. Lashed to Moby’s side by a snarl of harpoon ropes is a pitiful, marxist stick figure, Captain Obomba who, thanks to God, has gone sounding to the bottom with the monster he created.


3 posted on 06/12/2012 6:10:48 AM PDT by IbJensen (If you don't read the newspaper you are uninformed, if you do read the newspaper you are misinformed)
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