It’s been five years since our Dear Leader started his “Occupy the White House Golf Tour” and four and half years since the second worst recession since the great depression ended. Now history tells us that the deep the recession, the stronger the recovery.
The U3 unemployment rate fell to 6.7% from 7%, which normally would be a good thing. In this case, not so much. Let’s look at the numbers. The economy only added about 70,000 new jobs in December. If you have been paying attention over the past four and half years, you would know that the economy needs to add 120,000 new jobs every month just to keep up with population growth. The drop in the BLS U3 number is explained by the 520,000 people “leaving the workforce.” A better indicator of the health of the workforce is the BLS U6 rate. The average U6 rate during our Dear Leader‘s reign has been 13.1%. To compare, the average U6 rate during President George W. Bush’s two terms was 9.2%.
[…] Fifty years after President Johnson started a $20 trillion taxpayer-funded war on poverty, the overall percentage of impoverished people in the U.S. has declined only slightly and the poor have lost ground under President Obama.
[…] Although the president often rails against income inequality in America, his policies have had little impact overall on poverty. A record 47 million Americans receive food stamps, about 13 million more than when he took office.
The poverty rate has stood at 15 percent for three consecutive years, the first time that has happened since the mid-1960s. The poverty rate in 1965 was 17.3 percent; it was 12.5 percent in 2007, before the Great Recession.
About 50 million Americans live below the poverty line, which the federal government defined in 2012 as an annual income of $23,492 for a family of four.
President Obama’s anti-poverty efforts “are basically to give more people more free stuff,” said Robert Rector, a specialist on welfare and poverty at the conservative Heritage Foundation.
“That’s exactly the opposite of what Johnson said,” Mr. Rector said. “Johnson’s goal was to make people prosperous and self-sufficient.”
So, as the nice man said, “Obama’s economic program of tax, spend, and regulate has been a dismal failure.”
Here is a graph from the Federalist, which points out that if ten million workers haven’t dropped out the workforce because the lack of economic growth, the U3 unemployment level would be almost 11%. This is Jimmy Carter recession level territory, in what should be a robust recovery.
It was clear that our Dear Leader‘s signature program was a Charlie Fox of epic proportions from the start, but Team Obama seems Hell Bent to take incompetence to even higher levels than they have in the past.
If they were just corrupt, they could have faked it, but these idiots are corrupt and incompetent! To be fair, the system is working as well as one would expect with a corrupt community organizer with communist leanings, who never worked a real job in his entire life, running the system.
The IRS “refunded” over $4 Billion to identity thieves. This included checks sent to Ireland and Communist China. This is the agency our Dear Leader wants to collect “taxes” from you for not having health care insurance he approves of.
“Get border agents killed, get ambassadors killed, oversee disastrous healthcare rollout — those people get to keep their jobs. But calling Valerie Jarrett a “vacuous cipher?” That’s a firing offense.”
Kudos to CSPAN and YouTube, which brings us the words of Senate democrat “leader” Harry Reid from 2006.
Yup, Harry Reid is calling raising the federal limit to $ 9 trillion is the last thing we should do, because it will weaken the country, and hurt the economy.
Was Harry Reid telling the truth or engaging in hyper-partisan political demagoguery because there was a Republican in the White House at the time. Given his record, if Harry Reid was telling the truth, it was purely by accident.
First off, there hasn’t been a federal budget passed since George W. Bush was President. Second, she’s an idiot. Let’s start a short list of stuff and can be easily cut and will benefit the American taxpayer.
The $2.2 billion Obamaphone program
Supplying arms and funding to known terrorist groups in Syria
The Department of Education
Obamacare
Fraud and Waste in the federal food stamps program
The brand just isn’t worth what it used to be. Could it be that alternative media has allowed sophisticated news readers a wider range than the what the narrow far left filter of the Boston Globe gave them.
As the nice man from Cold Fury puts it, “To achieve this level of devastation, you usually have to be invaded by a foreign power.” Hmmm…given how Obama Cultists feel about the Constitution, he may be on to something here.
Here are a few more facts about the economy that Barry & his cultists don’t want you thinking about: The current US debt is %16.87 Trillion. That works out to $148,026 per tax payer. Taxes have increased $122.8 Billion in 2013 alone. The current budget deficit is $818.5 Billion. The labor force has 10 million less eligible workers than it did right before Barry started his “Occupy the White House” golf tour in 2009. So when an leftist tries to tell you about Obama’s “job creation” record, it’s a lie. The US is in the hole for 10 million jobs under his watch. Don’t expect much improvement either. You may have missed this if you’ve been feeding at the MSM/DNC trough: Obamacare to destroy up to 1 million low-wage jobs and completely bankrupt Medicaid.
Let’s not forget some other items our Dear Leader is desperate to sweep under the rug, including gathering of phone records of the AP (part of his “most transparent administration evah!” continuing war against Whistle Blowers and Inspector Generals), and Eric Holder’s so-called “Justice Department” which won’t prosecute an open and shut case regarding the Black Panthers.
Remember, this is a short list. There are more Obama Scandals that they want to distract you from by waving the race card.
“Tainting the tea party movement with the charge of racism is proving to be an effective strategy for Democrats. There is no evidence that tea party adherents are any more racist than other Republicans, and indeed many other Americans. But getting them to spend their time purging their ranks and having candidates distance themselves should help Democrats win in November. Having one’s opponent rebut charges of racism is far better than discussing joblessness.”
– Mary Frances Berry, former Chairwoman, US Commission on Civil Rights. Clearly she has a basic misunderstanding of the actual meaning of Civil Rights. Given that she was appointed by that idiot James Earl Carter III, this is hardly surprising. Note that she freely admits there is no factual basis for her accusation of racism. It is merely a tactic of the radical left to avoid discussion on their own failures.
Setting the way back machine to 2008 for this quote from the recently elected US Senator Barack Hussein Obama:
“No one should get a free pass to violate the basic civil liberties of the American people – not the President of the United States, and not the telecommunications companies that fell in line with his warrantless surveillance program. We have to make clear the lines that cannot be crossed.”
Ya, he was lying when he said that. That is pretty consistent with just about everything else he has said.
“I think the IRS probe is very high the list of priorities for Obama. It’s right under congratulating the first dyslexic, transgender hockey player. He’s going to be visiting a solar panel farm run by vegans. And he will be giving a medal to a woman who treats obese rodents with hypnotherapy. Then after that maybe they’ll get to the IRS.”
