The following has been passed around actively by leftist recently:
Basically, the Republican strategy for the past three years has been this:
1. Do everything humanly possible to prevent the economy from recovering.
2. Wait for 2012.
3. Run a campaign focused on the fact that the economy is lousy.
This post shows a high degree of partisanship, and an appalling low knowledge of how the federal government works and basic economic theory.
First off, for most of the past three years, the congressional Republicans haven’t been in a position to do much of anything. A position they primarily put themselves in. They didn’t control the White House, were the minority in the House of Representatives, and didn’t have enough seats in the Senate to even threaten a filibuster.
For the better part of two of those three years, the democrats ran the show. They set and implement policy, they decided where the money was coming from and how it was going to get spent. For the rest of the three years in question, they still controlled the White House and the Senate, which let them effectively block any changes the House Republicans might want to make.
The democrats, lead by Barack Obama own this economy, i.e. the most lackluster recovery on record. They are the ones who promised unemployment under 6% by now if they got enact their grand Keynesian economic plan, which they did. The results, unemployment at 8.2% (which be over 10% if the labor force participation was at the same level it was when Obama took office) and a real unemployment rate of 14.8% (according to the Dept. of Labor)
Faced with this record, the democrats want to double down of failure and continue the policies that have resulted in high unemployment and economic growth that in a good quarter breaks 2%.
There are a great deal of things you blame the congressional Republicans for. The current lack of significant growth in the economy isn’t one of them. Even Barack Obama has correctly stated that the economy was his issue and if he didn’t have it fixed in three years, he didn’t deserve a second term.
The Democratic-led Senate has not formally proposed a federal budget resolution in more than three years, and is not expected to offer one Wednesday. Senate Majority Leader Harry Reid (D., Nev.) and Budget Committee chairman Kent Conrad (D., N.D.) have made explicitly clear that they have no intention of doing so before the November election.
Not only have the congressional democrats not proposed any budgets in the past three years, they have voted against every budget proposal brought before Congress, including budgets proposed by the leader of their party, our own Dear Leader, Barack Obama.
Could it be that the congressional democrats don’t want their agenda documented in way that easily accessible by the American people?
When the jobs data were released last week, it was revealed that only 115,000 new jobs were created, well below the 165,000 predicted by the media-anointed economic “experts,” and significantly below the 125,000 jobs-per-month pace required just to keep pace with the number of people entering the work force. Yet in an apparent paradox, the unemployment rate dropped from 8.2 percent to 8.1 percent. Presumptive Republican presidential candidate Mitt Romney explains half of it. “There is something about that 8.1 percent figure you ought to know,” he told a crowd at a town hall-style meeting in Cleveland yesterday. “You might assume that that number came down from 10 percent to 8.1 percent because of all the jobs that were created, and that assumption would be wrong. The reason that percent came down was because of all the people that dropped out of the workforce.”
“According to the worst President in American history, “you’re on your own” economics, which apparently extended from the founding of the country until the day Barack Obama took office, didn’t work. Sure, it produced the most technologically advanced nation on the planet, the world’s largest economy, and made us into a super power, but that’s “madness” compared to Obamanomics, which cost us our AAA credit rating, has produced the longest streak of above 8% unemployment since the Great Depression, and is on track to produce 13 trillion dollars of debt over the next 10 years.
Listening to Barack Obama lecture ANYONE else on economics is like getting a lecture from Jimmy Carter on the proper way to execute a hostage rescue.”
Every now and then a politician gets blindsided by facts about which he or she knows absolutely nothing.
That is exactly what happened to Debbie Wasserman-Schultz on California’s KABC 790 AM.
The interview was conducted by Doug McIntyre, who from the very outset expressed his surprise/laughter that the DNC had selected former Los Angeles mayor Antonio Villaraigosa as the chairman for the upcoming convention in Charlotte. He also expressed the fact that this sentiment was shared by many residents of Los Angeles who had to live/suffer under Mayor Villaraigosa.
McIntyre continued: “We understand it as casting because of the outreach for the Hispanic vote but I mean really? Antonio Villaraigosa?”
Wasserman-Schultz attempted to do her best to put lipstick on that pig, but she was clearly outmatched by someone with first-hand experience about how bad it is to live in a metropolitan environment under Democratic rule.
“It is true that “Republicans and Democrats” approved a green energy loan guarantee program. But “Republicans and Democrats” did not approve this loan guarantee program. As FactCheck.org reminds us, the program under which Solyndra was handed $500 million in taxpayer money was authorized in the Obama/Reid/Pelosi partisan “stimulus” bill of 2009. Zero House Republicans voted for that law. Also, a previous Solyndra loan application was explicitly rejected by Bush-era actuaries because of its inherent soundness problems. Some of Obama’s bookkeepers continued to warn against its approval, but they were overruled by the White House political team because the president’s allies were determined to make the company the “poster child” of his green vision. That’s also why Obama ignored internal worries and held a big presidential photo-op at Solyndra’s (now-defunct) factory. The list goes on: Obama DOE officials sat in on Solyndra board meetings. One of Solyndra’s top investors, George Kaiser — who just happened to be a major Obama campaign donor — also just happened to make a flurry of White House visits right before the doomed loan was given the thumbs-up. Kaiser and the White House claimed they didn’t discuss Solyndra during those meetings. They lied. We also know that even after Solyndra defaulted on its initial loan, Obama’s Energy Department conveniently restructured the loan terms, assuring that investors like George Kaiser would be first in line to get paid if (when) the company went belly-up. Obama owns this mess, and he knows it. But he’s obfuscating and dissembling to save his own skin.”
Remember the leftist mantra about how “if we started drilling now, it wouldn’t effect prices for 10 years.” Well, they got that wrong too, just like Barak Obama’s predictions about the Troop Surge in Iraq. 100%, flat out wrong again. Yes, there is a pattern here.
Then, lets review the current President’s energy policy of restricting domestic energy production and the results of those polices, i.e. steadily rising gas prices and the dollar losing value.
I’m pretty sure those lefties who called GW Bush “the worst President ever” got it seriously wrong. Our Dear Leader has clearly claimed that title.
