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Sunday, August 19, 2012

OBAMA, INSISTS NOTHING IS HIS FAULT…


Barry actually had the nerve to make the claim while on a recent campaign trip into New Hampshire that we who make up his opposition are “trying to throw everything at the wall just to see what will stick.” He also told those in attendance that they should ask Governor Romney and his running mate, when they're here in New Hampshire on Monday if that's fair. He told them, “Ask him how it will grow the economy. Ask him how it will strengthen the middle class. They have been trying to sell this trickled-down snake oil before. It did not work then, it will not work now. It's not a plan to create jobs. It will not reduce the deficit. It will not move the economy forward. It's the wrong direction for America.” I guess he means in the same way he’s gown the economy, worked to ‘strengthen’ the middle class, create jobs or reduce, his deficit.


But stop and ask yourself, what’s been fair about anything that Barry has done since first assuming office? He’s never put forth a useable budget, he’s done nothing to fix our unemployment situation which has been over 8 percent for over 40 months, and he’s done nothing to make us less dependent on those from whom we get so much of our oil, choosing, instead, to ignore vast reserves of oil here at home. So just what has he done that’s been fair? Well, he’s pretty much thrown open our boarders, he shoved what he referred to as healthcare ‘reform’, that very few of us wanted, down our throats, and he’s now working in a clandestine way to steal our guns, are those things that can be called fair? No I don’t think so. And is it fair that half of the population in this country gets away with paying absolutely no income tax?


And while on the topic of unemployment, it’s important to take note here that things got worse in 44 states last month, at least according to a new report from Bloomberg, proving that the rise in joblessness is being felt by everyone. Alabama and Alaska were hit the hardest, both registering a 0.5 percent increase in jobless claims, according to data released on Friday by the Labor Department. Meanwhile, California and Michigan led the 31 states that experienced payroll increases. Is that fair, Mr. President? Bloomberg reported, “Across the nation, the unemployment rate rose to 8.3 percent in July, a five-month high, even as employment increased by the most since February.” The report goes on to say, “Faster hiring is needed to spur consumer spending, which accounts for about 70 percent of the economy, and to help reduce elevated joblessness that remains a concern for Federal Reserve policy makers.”


But hold on just a minute here, what about those growing payrolls? The gains are “probably not enough to make really significant sort of progress on improving unemployment rates,” says Jeremy Lawson, senior U.S. economist at BNP Paribas in New York, told Bloomberg. “Firms are waiting on more clarity as to what general direction things are headed.” Gee, ya think? And isn’t it funny, funny strange, not funny haha, that’s exactly what former New Hampshire governor and Romney surrogate, John Sununu, said on a recent showing CNBC’s ‘Squawk Box.” Anyway Bloomberg goes on “Unemployment jumped to 8.3 percent in Alabama from 7.8 percent in June, and climbed to 7.7 percent in Alaska from 7.2 percent.” The report also mention ‘Dingy Harry’s Nevada, “where the rate rose to 12 percent from 11.6 percent, remained the state with the highest level of joblessness in the country.”


Which states, you ask, have been hit the hardest by growing unemployment? Well we have Rhode Island at 10.8 percent and Jerry Brown’s California at 10.7 percent. Which state has the lowest rate? Well that’s still North Dakota, although it’s rate increased from 2.9 to up to three percent. “New Jersey’s jobless rate jumped to a 35-year high of 9.8 percent in July from 9.6 percent in June. The state lost 12,000 positions, including cuts in manufacturing, construction, and professional and business services, according to figures released by New Jersey officials yesterday,” the report continues. Adding some data about my home state, “Unemployment in New York rose to 9.1 percent, the highest since 1983, and payrolls dropped by 3,700 workers,” it adds. But do you know where the majority of cutbacks have been happening in New York?


They’re happening at financial firms. “Morgan Stanley has said its headcount will drop by about 700 in the second half, bringing total 2012 reductions to 4,000. Credit Suisse Group AG planned to eliminate 138 positions in New York starting this month. Deutsche Bank AG will cut about 1,900 jobs by year-end, mostly outside Germany,” Bloomberg reports. However, I suppose before you get too down, there is a bit of a silver lining to the report: “Including the July gain, the U.S. has recovered 4 million of the 8.8 million jobs lost as a result of the 18-month recession that ended in June 2009.” But that ‘silver lining’ quickly comes apart when you realize unemployment has been above 8 percent for 42 consecutive months, which, as you also should know by now, is the longest it has been at that level since we ‘won’ World War II.


So Barry’s complaint that we’re only trying to throw everything at the wall just to see what will stick, is a bit disingenuous at best and at worst, simply dishonest. If it weren’t for him and his policies, we’d have nothing to throw. He’s the one who set about making a bad situation so very, very much worse. By wasting billions of dollars on a bogus ‘stimulus’ that he knew was not going to work and wasting the first two full years of his term on bogus healthcare reform, we now find ourselves in a very dire situation. But it’s the position that Barry and the Democrats were actually hoping for. Their dream is to force as many of us as possible into complete dependence on the government and therefore on them. They see that as being a virtual guarantee that we will have no other choice than to vote for them in order to maintain some semblance of a life.

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