In what has to be one of the lamest attempts yet made by this pathetic White House to blame just about everybody but the one guy who's pretty much solely responsible, it was on Wednesday that Spokesmoron, Jay "Dim Bulb" Carney set to work laying the blame for a ‘surprise’ economic contraction squarely at the feet of congressional Republicans, saying economic threats during the "fiscal cliff" negotiations had prevented important defense spending. You know, I've now gotten to the point, where nothing this little piece of shit says, anymore, surprises me. This lying little creep continued, saying, "Our economy is facing a major headwinds, and that's Republicans in Congress." Again with the "headwinds" nonsense.
The Commerce Department projected Wednesday that the nation's gross domestic product, or GDP, shrank by 0.1 percent in the fourth quarter of 2012. I’m curious, that with all of the supposed experts Barry has at his disposal, why are things like this always a ‘surprise?’ And somehow, I guess we're supposed to see Barry as having played no role in that. Everybody's favorite dipwad, Carney, said that was partially attributable to the threat of sequestration, which would implement across-the-board spending cuts if a long-term deficit deal is not reached. "This is political brinkmanship that results in one primary victim. That's American taxpayers and the American middle class," Carney said, acknowledging the GDP projection was bad news.
"I don't think anytime you see a reduction in economic growth that it's good news," he went on to say. Well, I'm not sure how true that statement is either. Because from what I've been reading there seems to be plenty of those on Jay's side of the political aisle who actually view this ‘shrinkage’ as being a good thing. Although, not being a liberal, I can't exactly understand why. So either Jay's just trying to blow some smoke or he doesn’t agree with folks in his own party. And, personally, I'd be interested in knowing which it is. Carney said economic observers were "rightly appalled" by the threat of sequestration or default to drive a debt deal, and charged that Republicans were harming the economy to the benefit of the wealthiest Americans.
"It can't be we'll let sequester kick in because we insist tax loopholes remain in place for corporate jet-owners," Carney said. Brendan Buck, a spokesman for Speaker John Boehner’s office, responded by proceeding to point the finger of blame for the still-looming sequester right back at the White House. "These arbitrary, automatic cuts were a creation and demand of the White House in 2011," said Buck. "Twice the House has passed legislation to replace them with common sense cuts and reforms. If there was any uncertainty late last year about the sequester, it was because the Democratic-controlled Senate, per usual, never lifted a finger to pass a plan to replace it." And he’s right, and he also makes Carney look like to lying sack of shit that he is.
Republicans have long argued that dire threats are what’s necessary in order to force slimy Democrats into agreeing on some sort of entitlement reforms as well as on spending cuts. Neither of which Democrats will do on their own. The Republican National Committee (RNC) on Wednesday circulated a document labeling Obama "President -0.1%" and argued the GDP numbers were evidence that Barry's stimulus plan had not worked. It has not only not worked, what it has done is to make things nearly insurmountably worse. The unexpected dip was the first time the economy actually shrank since the 2009 economic depression, and came as a surprise to economists, who had projected modest growth. How does it come as a surprise?
In a statement posted Wednesday morning, Alan Krueger, chairman of the White House's Council of Economic Advisers, said that reduced government spending from the sequester and economic uncertainty stemming from the fiscal-cliff negotiations was likely to blame. Krueger also said Hurricane Sandy likely disrupted significant economic activity. "Although GDP is the broadest measure of economic activity, other indicators of economic performance suggest that the economy continued to recover in the fourth quarter, despite the impact of Hurricane Sandy and uncertainty surrounding fiscal issues," Krueger said. So now this cadre of misfits over there at the White House are even blaming a storm? How idiotic is that?
Krueger and other economic advisers pointed to a boost in personal income, disposable income and worker-hours to argue that the economy was likely outperforming the initial estimate and would be revised upward. Right, like that’s going to happen. When was that last time any of you can remember, at least since Barry assumed office, that anything having to do with the economy has ever been revised UPWARD? "Moreover, as the administration stresses with each economic report, indicators of economic performance can be volatile and are subject to substantial revision," Krueger said. "The average absolute revision from the 'advance' estimate of real GDP growth to the most current data is 1.3 percentage points."
The decline also drew new questions about the decision to delay, rather than eliminate, sequestration in the fiscal cliff deal struck earlier this month. But despite that delay, defense spending was cut to its lowest level in 40 years — evidence that uncertainty over an eventual deal was preventing spending on new projects. With the sequester delayed just two months, that drag threatens to bleed into a second consecutive fiscal quarter. Carney said Republicans who were willing to proceed with the sequester were doing so "for apparently nakedly political reasons," noting the program had been designed to be so onerous that it would compel Congress to act. Carney is such a freakin hypocrite, blame rests squarely on the Democrats for their stubborn refusal to make spending cuts.
While the White House has maintained that it wants to avoid the sequester, such claims ring just a little more than hollow. One clue, proved by Carney himself, was when he was asked on Monday whether Barry was planning any specific meetings or events to address the topic, Carney said he did not have "any specifics" to provide. "We believe that the right course of action is to take steps to make sure that sequester doesn’t happen because it’s bad for the economy and bad overall for the effort to reduce our deficits in a reasonable way," Carney said Monday. So you tell me, do you think that Barry wants to avoid the sequester? This is just one man's opinion, but I think he'd be happy to have to have happen. For him things are right on course.
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