Last week, the number of those reported to have lost their jobs was 440,000, down 4,000 from the week before and down for the third consecutive week. Obama's response ? More of his theme that we have "broken the back of the recession."
He won't be saying such things today. That job-loss number rose more than 7% to 471,000. The fact of Obama's "jobs agenda" is this: he took power with but one goal in mind when it came to jobs -- grow government and save the unions. So "he" (code for “we the taxpayers”) GAVE nearly $70 billion to GM and another $40 billion to Chrysler, money used to bailout these particular unions and their legacy programs. In addition to this, "he" has grown government, adding nearly 400,000 jobs to its size in just 17 months. Understand that when anyone is talking about "growing government," they are actually referencing the "government job count."
Also, know that when this clown (Obama) talks about 2 million jobs created or saved, his own , his own, his own, his own, site -- recovery.gov – reports only 682,226 jobs. Big difference between 2 million and six hundred thousands.
Point of this post? To rag on Obama's make-believe jobs agenda. From the very beginning of his time as "president," the economy has been nothing more than "cover" for his extreme Marxist/redistributive plans for this country. Jobs be damned. It was much more important, to Obama, that he transform this country into a partner of the world than spend the time necessary in getting government out of the way, so that the recovery could begin.
We have three current "disasters" underway, disasters that effect the stability of this nation --- they are 1) unemployment totals and the loss of manufacture/construction jobs they represents; 2) housing, new construction and existing home sales (we are about to enter a second housing bubble collapse with the coming news of a second "mortgage" failure) and, 3) banking. Each is related to the others. Each requires a different set of “revitalization” particulars. Of the three, the first two categories remain in deep trouble and the third, banking, is so fearful of a second collapse that it is guarding its [surplus] money while acting slowly in the giving of credit.
Think about it for just a minute. What was the difference between the liberal Marxist, Jimmy Carter, and the liberal Womanizer, Bill Clinton ? One had no clue what to do next and the other knew when to step aside and allow the economy to heal itself. And then came Obama -- shades of Jimmy Carter.
The new job-loss numbers simply prove the idiocy of Obama's priorities. Transforming this country into something that Karl Marx would be proud of is more important, to Obama, than allowing this economy to mend itself at all levels.
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