Taking a look at the Obama Economy
Filed under: economy, Obama Economy, Our Dear Leader, Politics
It’s time again to take a look at the state of the US economy under the so called “guidance” of our Dear Leader.
As you can see we are still at an unemployment level that is much higher than what the Obama economic team promised us it would be if the federal government did nothing, and even higher still than what they claimed it would be if we passed the trillion dollar “stimulus” package. So, not only epic fail on the part of the Obama so called “economic team”, but actual evidence of incompetence is pretty damn clear.
It’s also pretty clear that they are trying to “cook the books” in order to hide their massive pooch screwing of the economy.
Let’s look at that unemployment number of 8.1% for August 2012. It dropped from 8.3%, with only 96,000 new jobs being added. As anyone who has been paying attention knows, you need to add at least 125,000 new jobs a month just to keep up with population growth. So America was short 29,000 jobs of breaking even. The reason the unemployment number when down is because the federal government stopped counting 368,000 Americans as being unemployed for a variety of reasons, none of which was that they became employed. One of the primary reasons that people dropped off the rolls of employed was that the people who were being counted exhausted their unemployment benefits. They are still unemployed, but the feds don’t count them anymore. So in the is case, the reduction in the “official” unemployment rate is an indication that things are getting worse, not better.
Need another example? The Egan-Jones credit rating agency just downgraded the US government’s credit rating. This is because the Obama regime has initiated a third round of “Quantitate Easing.” Incase you don’t know what that means, the Fed created $40 billion out of thin air and inserted that into the money supply. So you have more dollars chasing the same amount of goods. This is bad news for the American consumer. If you still don’t get it (i.e. you can’t repeal the Law of Supply and Demand), here is a helpful instructional video
An observation on political yards signs
Filed under: economy, Obama Economy, Politics, The Peoples Commonweath
As I drove around town this weekend I notices something very consistent with political yard signs.
Every small business, most independently owned, with a yard sign had signs for Scott Brown and/or Marty Lamb.
Scott Brown is running for re-election in the US Senate, on the Republican ticket and Marty Lamb is running for State Representative, also on the Republican ticket.
Senator Brown’s opponent is a Harvard law professor, who makes over $300,000 a year for teaching a single class and claims she “represents the people.” Elizabeth Warren is best known for falsely claiming to have Cherokee Indian ancestors and using that claim to obtain benefits as a minority.
Small business owners are intimately familiar with the negative effect democrats have had on the economy since taking control of Congress and the White House and clearly do not want that to continue
The Cato Daily Podcast
Just a reminder, if you are not listening to the Cato Daily Podcast, you should.
Our Dear Leader’s Ego
Clearly, our Dear Leader, Barack Hussein Obama, the “Lightbringer”, has fallen into the trap of believing his own marketing.
The proof of this is this recent interview with Cathleen Falsani of the Chicago Sun-Times:
Falsani: Do you believe in sin?
Obama: Yes.
Falsani: What is sin?
Obama: Being out of alignment with my values.
That’s right folks. According to our Dear Leader, if you disagree with him, you are a sinner.
Let’s leave all the implications of his psychology issues alone for a moment, and oh boy, are there a lot of them, and instead look at BHO’s supporters, or as he refers to them, worshippers. These barking moonbats are a flutter over the fact that Gov. Romney is a member of the LDS church. They will tell you, every chance they get, that this disqualifies him for public office.
The fact that they are blindly following a leader who literally believes that “alignment with my values” is a sin does not cause any contradiction with them is very enlightening also.
HT to Mr. Reynolds, Mr. Kimball and Mr. Driscoll.
The power of icons
First let us review this classic video that Bill Whittle did back in 2009
Now take a look at the current icon of the Empty Chair.
“President Obama has consistently been absent, more concerned about branding than leadership, with image and atmospherics than truly rallying the troops and harnessing our resources and solving our most pressing problems. He turned over the task of crafting solutions on the stimulus bill and the health care bill to Harry Reid and Nancy Pelosi, who predictably butchered it. He botched the budget compromise with John Boehner and withdrew from the process. When he thought that partisan gridlock in Congress might make him look bad, rather than forging into the gridlock and navigating a way forward he withdrew to the White House and played over 100 rounds of golf. The problem for President Obama is that the soaring oratory will not work this time. The contrast between the rhetoric and his actual achievements is too great.”
Update: Some of the icons of National Empty Chair Day.
Quote of the Day
“The thing we adore about these dog-whistle kerfuffles is that the people who react to the whistle always assume it’s intended for somebody else. The whole point of the metaphor is that if you can hear the whistle, you’re the dog.”
Waiting on Doomsday
Wired has a great article called Apocalypse Not: Here’s Why You Shouldn’t Worry About End Times
Give it a read, it’s filled with great quotes of harbingers of doom, like the worst President of the latter half the 20th Century, James Earl Carter III telling us back in 1977: “We could use up all the proven reserves of oil in the entire world by the of end of the next decade.”
For more of this prattle, check out the “predictions” from the first Lenin’s Birthday celebration, also known as “Earth Day.”
As I put it quite some time ago, “Between Global Thermonuclear War with the Soviet Union, Global Cooling, the Population Bomb, DDT, AIDS, the Elbola virus, a half dozen other doomsday issues, and now Global Warming, it’s like living in one long 1970’s disaster film.”
Ann Althouse’s great alternate history of Presidents if JFK lived
The original is here. Great stuff.
In 1964, JFK is reelected, with LBJ as VP. The GOP does not yet do its big shift to conservatism, and its defeated candidate is Nelson Rockefeller (whose VP choice is William Scranton). Barry Goldwater rises up in 1968, and he is successful, defeating LBJ (who has Hubert Humphrey as his VP). Goldwater’s VP is William Miller (as it was, in actual history, in 1964), and Goldwater is an immensely successful President, winning the war in Vietnam, leaving civil rights issues to the states (and in the process preserving federalism values, to be used to excellent effect in succeeding years), and foreseeing and avoiding the problems of dependency on imported oil. Goldwater is reelected in 1972, defeating Hubert Humphrey (who has Scoop Jackson as his VP).
In 1976, Bobby Kennedy is the Democratic nominee (with Walter Mondale as VP), and he wins, defeating William Miller (who has Bob Dole as his VP). Bobby gets health-care reform, called “Bobbycare.” But Bobbycare goes too far, and RFK goes down in 1980, crushed by Ronald Reagan (whose VP is George H.W. Bush). Reagan is reelected in 1984, defeating Walter Mondale (who has Geraldine Ferraro as his VP).
In 1988, it’s Michael Dukakis and Lloyd Bentsen against George H.W. Bush and Jack Kemp, and — no big surprise — Bush and Kemp win. But they’re in for only one term. Blamed for the economy — stupid! — they lose, in 1992, to Bill Clinton and Al Gore. Clinton and Gore are reelected in 1992 (facing Jack Kemp and his VP choice Tommy Thompson).
In 2000, it’s Gore (with Lieberman) against George W. Bush (with Cheney), and Bush wins. In 2004, John Kerry (with John Edwards) lose to Bush and Cheney. In 2008, it’s John Edwards against Mitt Romney, and Mitt Romney wins. (We won’t worry about their VPs right now.) Challenged by Hillary Clinton, Mitt Romney is reelected in 2012. And we don’t get our first woman President. But the Romney terms come to a close. Now it’s 2012, and Hillary goes for it again, only to be defeated in the primaries by another “first,” the possible first black President, this fascinating upstart with the funny name Barack Hussein Obama. (But America, having avoided dependence on foreign oil, thanks to Barry Goldwater, never got dragged into crazy interactions with those Middle East countries, and there was never a 9/11 terrorist attack or an Iraq war, or any of those things that would make “Hussein” seem truly odd.)
Speaking of firsts, there’s a first coming up on the GOP side, a woman! It’s the hyper-competent and stunningly beautiful Sarah Palin. With 8 years as Governor of Alaska, her executive experience and record of accomplishment wow America. (She was term-limited in 2014, and spent the next 2 years running for President.) And so in 2016, we have our big first, the first woman President: Sarah Palin!
Quote of the Day
This is a point I tried to make over and over again in Liberal Fascism. Poisons are determined by the dose. A little nationalism is healthy, a lot of nationalism is dangerous. A little social solidarity is moral, too much is immoral. When a conservative tempers his social conservatism with libertarianism or when a Libertarian tempers his utopian tendencies with an appreciation of tradition, it’s not called hypocrisy, it’s called wisdom.
— Jonah Goldberg
Political Photo of the Day
Our Dear Leader’s Dan Quayle moment
Here we see our Dear Leader visiting the key swing state of Ohio, and not being able to correctly spell ‘Ohio.’
Before the moonbats go nuts with their conspiracy theories, zoom in on the photo and you can see the lettering on the red shirt behind him.
Not reversed, not Photoshopped, just Barack Hussein Obama being himself, unscripted and flying without a teleprompter.