Tuesday, April 6, 2010

There it is – “Unexpected” Again

It really blows me away every time President Obama speaks about how well he is doing.  In particular the recent jobs figures were trumpeted as evidence of how things were turning around.  The economy was said to have created 162,000 new jobs which was celebrated by knot-heads.  A closer examination shows that since 100,000 people join the workforce in America each month.  Further, since 48,000 of those 162,000 jobs were temporary census jobs – the real net new jobs number is 14,000.  No wonder the unemployment rate didn’t budge.  Pretty awesome Barack.  Some economists expected better performance – I don’t understand how with Obama’s foot firmly on the economy’s brake.
Over the next two months the census will add another 600,000-700,000 temporary workers that will inflate Democrat claims of job growth.  I wonder if they are going to blame George Bush when the census is complete and those jobs go away.
While the sluggish recovery continues to mystify the “experts” – it was widely predicted before the “American Recovery and Reinvestment Act of 2009” (aka Porkulus Bill) was signed.   The Congressional Budget Office Report provided to Senator Gregg on Wednesday February 4, 2009 predicted that the recovery act would be worse than doing nothing at all.  That was reported in The Washington Times reported that same day in CBO: Obama Stimulus Harmful over the long haul.  To have escaped that conclusion you would have had to have your head firmly wedged in the sand. 
Though President Obama continues to insist that he couldn’t find any economists who disagree with him, 200 economists had signed a petition against the stimulus bill.  The names were contained in a full page add posted in the New York Times and the Wall Street Journal on January 28, 2009.  Now the economy is under-performing and prolonging the pain for millions.  It is not a mystery.  It is not unexpected.  It is what Democrats do.   
Conservative Resistance – Day 518
Get rid of the bums in 210 days 
CatastropheCulture of Corruption: Obama and His Team of Tax Cheats, Crooks, and Cronies 

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