Let’s look at the numbers again…
One of the shining qualities of Creepy Uncle Joe, the current Vice-President, is that he will occasionally let the truth slip from his mouth.
Yup, the past six years have been really, really hard for America. That is what you get for letting an admitted socialist run the federal executive branch.
Let’s review the numbers. The last recession ended on July 1, 2009. We have had at least one single quarter of negative GDP growth since then, but it takes two or more in a row to count as a recession. That puts America over five and half years into a very lackluster “recovery,” which has often be described as “jobless.”
Historically, recoveries from recessions have been been as strong as the preceding recession was deep. Except for this current recovery. Instead of an actual recovery, we have the worst economy in over a half century.
Clearly, the so-called “economic policy” of our Dear Leader and the Congressional democrats have hindered economic growth, which is not a surprise to anyone paying the slightest bit of attention. It’s a tribute to the robustness of the American economic engine that there has been any growth under the Obama regime’s anti-growth policies of massive tax hikes, “wealth distribution”, and record setting levels of crippling federal debt ($18.1 Trillion and climbing).
Time to look at some numbers again…
Filed under: economy, Obama Economy, Our Dear Leader, Politics
Once again, it’s time to look at the numbers.
As we enter the sixth year of our Dear Leader’s “Occupy the White House Golf Tour”, let us review some numbers from the past five years.
In 2008, there were 145 million Americans in the work force, 79.4 million Americans not in the labor force, and the federal debt was $9.4 Trillion.
Today, in early 2014, we have 145 million Americans in the work force, 91.8 million Americans not in the labor force and a federal debt of $17.3 Trillion.
So in five years there has not added any new Americans to the labor force, but there are 12 million more Americans who could be in the labor force who are not, and the federal debt has increased by $7.9 trillion.
So new jobs created over the past five years is zero. As you have often heard every times the new unemployment numbers come out, the US economy needs to create 120,000 jobs a month just to cover new workers entering the work force. Over five years, that comes to 7.2 Million jobs. Given that the number of Americans in the work force has remained flat, the Obama Economy has not only failed to create any new jobs, it has actively removed jobs. This is an appalling performance, especially since the last recession ending in mid 2009, so for most of the last five years, American should have been in an economic recovery. A period were traditionaly there is not just job growth, but rapid and strong job growth. That has been the pattern in every recession/recovery for the past 100 years. This includes the recession of the late 1970s, which was the worst recession since the Great Drepression and the roaring recovery that occured in the early 1980s. Why is is the Obama non-recovery from the second worst recession the sole exception to economic history?
Your Tax Dollars at Work
Here is a glimpse of how members of Congress travel on your dime.
Besides rooms for sleeping, the 12 members of the House of Representatives rented their hotel’s fireplace-equipped presidential suite and two adjacent rooms. The hotel cleared out the beds and in their place set up a bar, a snack room and office space. The three extra rooms — stocked with liquor, Coors beer, chips and salsa, sandwiches, Mrs. Fields cookies and York Peppermint Patties — cost a total of about $1,500 a night. They were rented for five nights.
While in Scotland, the House members toured historic buildings. Some shopped for Scotch whisky and visited the hotel spa. They capped the trip with a dinner at one of the region’s finest restaurants, paid for by the legislators, who got $118 daily stipends for meals and incidentals.
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The tour provides a glimpse of the mixture of business and pleasure involved in legislators’ overseas trips, which are growing in number and mostly financed by the taxpayer. Lawmakers travel with military liaisons who carry luggage, help them through customs, escort them on sightseeing trips and stock their hotel rooms with food and liquor. Typically, spouses come along, flying free on jets operated by the Air Force. Legislative aides come too. On the ground, all travel in chauffeured vehicles.
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The cost they reported for such travel abroad was $13 million in 2008, a 70% jump from 2005, according to a Wall Street Journal analysis of travel records. Lawmakers don’t have to report the cost of domestic travel when the government pays. The $13 million didn’t include the expense of flying on Air Force planes, which lawmakers don’t have to disclose.
Oh there is more, much more. Go read the whole thing. There is no Recession in the democrat controlled Congress.
Obama is in China
I guess he had to check in with the Communist Chinese government, since they hold the mortgage on his Presidency.
I wonder if he is going to check on those training programs in China the US taxpayer paid for.
Update: Dana Milbank points out in the Washington Post that getting out of the country when bad economic news hits is how our Dear Leader rolls:
Unemployment hits 9.4 percent. President Obama flies to France.
Joblessness reaches 9.7 percent. Obama jets off to Denmark.
The rate of those out of work soars to 10.2 percent. Obama packs his bags for Japan, Singapore, China and South Korea.
Faced with the worst domestic economy in decades, the president has responded — by setting a record for foreign travel.
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[…] Obama was safely over Canada when his Treasury Department announced another record monthly budget deficit.
The economy clearly isn’t much of an issue for our Dear Leader, since there is clearly no recession at the Obama White House.
No Recession at the Obama White House, Part III
Our Dear Leader will take a break from trying to destroy the US economy by vacationing in a $20 Million dollar rental home on 28 acres of prime Martha’s Vineyard real estate..
Nothing is too good for our Dear Leader while his misguided policies force unemployment toward 10% and beyond!
No recession at the White House
Our Dear Leader & his wife are not feeling any pinch due to the current economic downturn (Thank you very much Barney Frank).
This is made quite clear by our Dear Leader‘s wife venturing out casually wearing $540 sneakers.
Way to show that our so called “leaders” are completely out of touch with the problems of everyday Americans.
Update:Smell the hypocrisy as we recall the left’s ranting over Senator McCain’s shoes, and complete lack of outrage from the DNC/MSM over our Dear Leader‘s wife wearing $540 designer sneakers from a Paris line. The only sound from the leftist media is the fawning over her ‘fashion sense.‘