Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts

Friday, June 18, 2010

Jobs Fo' Shizzle

Jobs, jobs, jobs. Where have I heard that before? I believe it was early in 2009. Poor delusional Joe Biden tries to wrap his feeble brain around the lie that the Obama Spending Bill was anything but a poorly disguised bailout.
Joe's handlers feed him scraps of information, like the 2.8 million jobs saved or created. Jobs created, Joe? Nothing has been created, and no jobs have been saved, either. Merely postponed. The layoff of millions of state employees was delayed by Obama's bailout, nothing more.

Guess what, Joe? When the money is spent, the jobs will disappear. How will you spin that? Somebody underestimated how serious our problem was again? And, as for our Campaigner-in-Cheif, Obama's answer is to travel around the counrty and make more speeches. Predictably vague and empty speeches, where each sentence seems to contradict the next.
In classic Obama double-speak, most speeches sound alike: "...we must reduce our debt to a sustainable level..." is always followed by "...we must increase government spending to sustain the recovery..." Please, would somebody tell this idiot that massive goverment spending means either debt or tax increases - you can't have it both ways. Also remind him that it is impossible to borrow and spend one's self out of debt.

This is the same leadership Obama showed in his two years as a senator, where he voted "present" 163 times. The man is too smart to take a stance, and wants to play both sides of any argument. Too smart, or too spineless - the jury is still out.
Obama is not a leader - he is a dreamer. He should stick with something he has actual experience with - defrauding the taxpayers out of money as a community organizer. Does it seem odd to anyone else that the organizer gets rich while the community stay poor? As people are starting to discover, Obama's economic strategy for this country seems to be another Acorn scam on a national level.

Sunday, April 4, 2010

Jobless Recovery? What "Recovery"?

The Obama administration speaks out both sides of its mouth and, quite frankly, most people are sick of it. Perhaps this explains his falling approval ratings.

On one hand, Obama is quick to take credit for his failed Stimulus Bill at every opportunity. When the numbers are positive, its "look what I did!" And, when the numbers are negative, its "look what Bush did!"

And so Obama continues his double-speaking perpetual campaign mode. Taking credit for "turning the economy around", while simultaneously claiming unemployment rates will continue to "remain unacceptably high for the remainder of the year".

While it it accepted that consumer spending is responsible for 70% of our economy, it seems unlikely that sustained levels of spending can continue with such a high unemployment rate.

It is time to stop patting yourself on the back, Obama. Your smug arrogance over the passage of your mandated insurance bill is remarkable, considering the despicable means you had to resort to.

Businesses are afraid to grow or hire new employees, for they can guess that you have more tricks up your sleeve in order to redistribute the wealth. Anyone of reasonable intelligence understands that taxes will skyrocket in order to pay for this massive welfare state you wish to create. Until your spending spree has stopped, and the real costs become apparent, there will be no job growth and our economy quite possibly remain in limbo for a decade.  Konichiwa, Obama-san?

You will be long gone by then, and you and Jimmy Carter can sit around and argue over which of you buffoons did the most damage to America.  Unfortunately, the damage will have been done, and we may never truly recover.

Tuesday, June 9, 2009

Save or Create: Unemployment You Can Believe In!



Bad news: 1,600,000 jobs lost since the stimulus bill was signed into law. Good news: 150,000 jobs "saved or created" during this same period, or a negative ratio of about 10-to-1. We are now expected to swallow Obama's imaginary figure of 600,000 jobs over the next 100 days. Excuses like "it's only been 100 days" and "it's all Bush's fault" are becoming tiresome, people without jobs want results, and polls are starting to reflect this.

Obama has now begun his cry for Pay-as-you-Go, feigning a newly found sense of fiscal responsibility, as if his wild spending will be somehow be excused. We will certainly begin hearing more about the magical "Clinton Surplus" as an excuse to point more blame on the previous administration, and that Pay-Go is a way to just-as-magically erase the $10,000,000,000,000 of new debt his efforts have already created.

Today I read an article from a Washington economist which discussed the "ripple effect" on job creation by stimulus spending. Apparently, that extra twenty bucks in some paychecks is helping businesses around the country to lay off one less worker. Using White House math, that counts as a job "saved".  With a 10-to-1 unemployment ratio, I guess they forgot about the nine guys who were already laid off.   But, of course, those go on Bush's scorecard.

Obama's belief that Americans will swallow this horribly warped logic is quite insulting. Of course, there are more idiots out there than one might imagine. The fact that Obama is now sitting in the White House is proof enough. However, after enough people lose their jobs, Obama's halo will begin to fade. Layoffs did drop last month, with "only" 350,000 jobs lost in May, but that is to be expected since there are fewer people to lay off.

Panic dictated the immediate passage of the $787,000,000,000 stimulus bill, which was imperative to save our failing economy. Obama claimed that any delay might cause the US economy to collapse, implying that the orbit of the Earth could be altered and all life on the planet would end.

Injecting that $787,000,000,000 into the economy all at once may have indeed produced a brief upward tick in consumer spending. But, after nearly 5 months since passage, only about 5% of these funds have been used for 'stimulation'. Where are all the "shovel ready" projects that Obama promised would create 4,000,000 jobs? Oh, right. We're saving that money for the magical "Green Jobs" of the future, and as soon as we determine what those are, I'm certain Obama will whip out his checkbook for another round of do-nothing spending.

So, how should Washington "create jobs"? Buying GM won't help, as I don't think they're hiring right now. We can put some people to work as bail-out check couriers, and by using bicycles those might qualify as "green jobs". The truth is that government can only create government jobs. Jobs in the private sector are created through the growth and prosperity of the business. This can be encouraged with tax incentives or other business-friendly legislation.

In case you don't understand the concept, Mr. Obama, it is the people with money (the Evil Rich) who invest in businesses to create growth.  If you want to create an environment which promotes business, perhaps you can use the other 95% of your stimulus funds to pay for tax breaks and other proven methods to assist economic growth.

Or, you could stifle all growth, spend our money on entitlement programs, and we can eventually all become passive little comrades in the Obama Nation that was once the greatest country in the world. You can make the right choice now, or we can make it for you in 2012.