The Obama Economy Numbers
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.
So where the recovery that should have started four and half years ago? An actual recovery would involve replacing the jobs lost and creating news one. Instead of that, what we have under the economic guidance of our Dear Leader is over ten million people less in the workforce than we had at the start of the recession.
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%.
To further highlight just how much the current administration’s policies are negatively effecting Americans, let us review the progress made on the “War on Poverty” started 50 years ago by LBJ.
[…] 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.
Round Up Post
Filed under: Barking Moonbats, economy, Obama Economy, Our Dear Leader, Politics, RKBA
Let’s start with a few firearm/RKBA articles.
James Craig became the Detroit Police Chief last summer. Before that he spent decades working in the Los Angeles Police Department before becoming the Chief of Police in Portland, Maine. In LA, pretty much the only people with firearms are cops and violent criminals. The restrictive, so-called “gun control” laws haven’t really slowed down the rate criminals can obtain firearms. In Portland, Maine, firearm ownership among the law abiding is pretty common. Another difference is the violent crime rate. High in LA, low in Portland. Chief Craig’s advice for reducing crime in Detroit (which approaches Robocop levels), is more firearms in the hands of law abiding citizens. Here is one of multiple studies that back Chief Craig’s advice.
San Francisco is pretty diverse, it even has pro-Second Amendment liberal democrats. These folks are pretty far left wackos despite this one gleam of sanity in the world view. Hell, they don’t like our Dear Leader because he’s “too conservative” in their view. Probably upset he hasn’t rounded up Republicans and shipped them off to death re-education camps yet.
Here is a question that many law abiding citizens who have actually read the Constitution ask themselves, “My next AR, build or buy?”
Can’t leave the epic Charlie Fox known as Obamacare off the list. “Glitches” in the bloody website are still rampant, leaving many without coverage. Keep in mind, that in the time it took the Obama administration to build a really crappy website, America build almost 100 aircraft carriers during WWII. Plus the aircraft for the carriers, and the support vessels, and trained the crews.
For your reference when dealing with moonbats and Obama cultists, 8 Things Liberals Do to Avoid Having an Honest Debate.
Let’s wrap up with a look at how the Obama Economy is working for America. “34%: The unemployment rate for Americans ages 16-17. The unemployment rate for teenage Hispanic Americans is 48%, and the rate for teenage Black Americans is 60%.” Ya, just how is that hopey-changey thing workin’ for ya?
The Schadenfreude keeps on rolling in…
Filed under: Barking Moonbats, Obama Economy, Our Dear Leader, Politics
By way of the VodkaPundit, comes this tale of progressive Obama-cultist woe.
A self-described Obamacare “cheerleader” is upset that she actually has to pay for health care.
“I’ve been a cheerleader for the Affordable Care Act since I heard about it and I assumed that it was designed for people in my situation,” she told KOIN. “I was planning on using the Affordable Care Act and I had done the online calculator in advance to make sure I was going to be able to afford it.”
Her husband works for a non-profit organization that pays for his health care, but the couple is unable to afford to have her and their son covered under his plan. And she’s been told their combined income is too much to qualify for a subsidized health care plan under Cover Oregon.
“It wasn’t until I started the process and got an agent that I started hearing from them I wasn’t going to qualify for subsidies because I qualify on my husband’s insurance,” she told KOIN.
Mr Green sums up this tale of angst and woe:
In other words, Miss Anonymous supported ObamaCare when she thought you were going to pay for it.
Scratch a prog, find a greedy, grubby thief.
One of the comments to the post gets to the heart of the matter:
…the article says the combined income disqualified them from subsidies (in addition to her being eligible for her husband’s plan, I assume). I believe that’s over $94,200. Cost of living aside, that’s decent money.
Now here’s what happened: Husband previously insured everyone on his plan. Obamacare came along and they decided they would drop the wife and child from his policy during open enrollment. The expectation was that, according to the online calculator, they’d be able to get insured free or close to free. This saving the family ~$125 a month. So he dropped them with the expectation that they would have coverage on January 1. Unfortunately for them, the agent actually appeared to do his job and confirmed that their income was too high and she had qualified for her husband’s plan. Now it’s too late to add them back to his policy.
Basically, it’s not that they CAN’T afford it, it’s that they don’t WANT to pay for it – at our expense. I feel sorry for the child. It has to be raised by a couple on unprincipled degenerates.
Straight Up Racism
I’ve often pointed out that a good way to find out what leftist are up to is to listen to what they are accusing those they see as their political enemies of.
Case in point, racism. The left has been playing the so-called “Race Card” so often since our Dear Leader started his run for his “Occupy the White House” gold tour, that even the self-identified “fake journalists” at Comedy Central have called them on it. It has been become their default reply to anybody who dares to disagree with their far left extremist ideology.
Now if you were to look for actual examples of racism, you would find the “progressives” who toss out the charge, guilty of what they accuse other of, more often than not. Case in point, democrat election campaigns pay their white staffers more than black or hispanic staffers.
“African American staffers on Democratic federal-level campaigns are paid 70 cents on the dollar compared to their white counterparts; Hispanics are paid 68 cents on the dollar,”
The study goes on to point out, while Republican campaigns tend to hire more white men than the democrats, they are much better at paying their minority staffers what they pay the white staffers.
Why is the media suppressing facts about the latest school shooting?
Filed under: Barking Moonbats, Media Bias, Politics, Progressives
Here is what you probably know, kid brings a shotgun to school (a “gun free zone”) and shoots another student before killing himself. The student he shot later died from her wounds inflicted by the kid who ignored the numerous victim disarmament laws in place.
Here is something you probably haven’t heard, because it doesn’t fit the media narrative. One of the law flaunting murder’s fellow students described him as “a very opinionated Socialist.” He also was, like our Dear Leader, a Keynesian.
He was also a strong proponent of so-called “gun control” laws. Yet, he decided to advance his political views through the barrel of a gun. Guess that makes him a good progressive.
Which is the message the “traditional” main stream media doesn’t want getting out.
Now imagine how they would have handled this story if this murderer had political leans anywhere to the right of center.
Obamacare is even more of a Charlie Fox than we thought
Filed under: Culture of Corruption, Our Dear Leader, Politics
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.
Case in point, they can’t even enroll Barry Soweto or as he’s known these days, Barack Hussein Obama, into their system.
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.
Update: Nobody’s This Stupid and Incompetent
A twofer for Barry
Our Dear Leader has racked up two new awards.
First, the left leaning Politico picked his signature line, “If like your health insurance, you can keep it,” as the 2013 Lie of the Year.
Then, the Washington Post selected Barry’s same signature line as the “Biggest Pinocchio” of the Year.
It is quite telling that the President who promised the “most transparent administration ever”, has his signature line about his signature policy, selected by two separate news organizations as the biggest lie of 2013. To be fair, the “most transparent administration ever” promise was a huge lie also.
Update: Obama’s Epic Fib About the NSA
Update: Into Year 6, Obama admits he’s clueless
Update: Two sources point out that Politico rated their “Lie of the Year” as true before the 2012 election.
A damn good question
“There is a sense of unraveling that transcends the normal ideological disagreements that have roiled this nation to varying degrees throughout our history. Both sides of the ideological divide have endured presidents with whom they disagree, sometimes vehemently. Yet I’m getting the sense that millions of Americans of every stripe are now aware that we are in uncharted waters. We are being led by a man who is at once so very full of himself, even as virtually everything that goes wrong is either something he is unaware of, or someone else’s fault. It is remarkable that in the entire five years after this president promised to fundamentally transform the United States of America, not a single reporter has asked the ultimate question: Transform it into what, Mr. President? We have three more years to learn the answer. For millions of Americans, it doesn’t get any creepier than that.”
— Columnist Arnold Ahlert
Quote of the Day
Fascism has become a term of general derision and rebuke. It is tossed casually in the direction of anything a critic happens to dislike.
But fascism is a real political and economic concept, not a stick with which to beat opponents arbitrarily. The abuse of this important word undermines its true value as a term referring to a very real phenomenon, and one whose spirit lives on even now.
Fascism is a specific ideology based on the idea that the state is the ideal organization for realizing a society’s and an individual’s potential economically, socially, and even spiritually.
The state, for the fascist, is the instrument by which the people’s common destiny is realized, and in which the potential for greatness is to be found. Individual rights, and the individual himself, are strictly subordinate to the state’s great and glorious goals for the nation. In foreign affairs, the fascist attitude is reflected in a belligerent chauvinism, a contempt for other peoples, and a society-wide reverence for soldiers and the martial virtues.
— Lew Rockwell,Fascism versus Capitalism
Quote of the Day
“That eugenics was part of the progressive agenda is one of the most heavily-airbrushed features of history.”