Tag Archives: Economy

America Returns to Its Senses… Finally a Majority Blames President Downgrade for the Economy

photo by Gateway Pundit

photo by Gateway Pundit

Gateway Pundit

America finally wakes up.
After three years of doom, gloom and disaster, Americans finally blame President Obama, the worst jobs president since the Great Depression, for the nation’s dismal economy.

The Politico reported:

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Keynesian Twilight Zone

S&P Executive: It Could Take Up To 18 Years To Fix The Damage Obama Has Done To U.S. Economy…

If we don’t win in 2012 the U.S. is doomed.

(The Hill) — John Chambers, the chairman of Standard & Poor’s sovereign debt ratings, on Sunday estimated that it could take between 9 and 18 years for the nation to regain its AAA credit rating.

Chambers said the credit agency could further downgrade the national rating depending on whether President Obama and congressional leaders can agree on reducing the deficit.

Chambers said “it could take a while” for the U.S. to regain its perfect credit rating.

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Obama a Quantifiable Disaster

Human Events

Presidential success can be measured in many ways—by the number of votes cast on a President’s behalf, by the number and nature of laws he’s signed, by the number of military conflicts he’s won or averted.

But a President’s success is most strongly linked with the quality of life of the people he leads.  Unfortunately for our current President, by that measure Obama has thus far proved a quantifiable disaster.  Let’s take a look at the numbers.

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Obama brings Apocalypse to the US in 2037

Flopping Aces

The 2012 Obama Presidential re-election campaign is now officially in full swing. It is a shovel ready project.

Shoveling manure.

Obama knows how stupid Democrats are and it is on their stupidity he is depending, for had they any brains or long term memory he would lose in a landslide.

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Obama Recycling Lame Line From Almost Two Years Ago, Swaps Keeping Country Safe For Fixing Economy…

Weasel Zippers

Nobody believed him then and nobody believes him now.

(NY Post)- Obama, heralding the latest dip in unemployment fig ures Friday, said:

“You should know that keeping the economy going and making sure jobs are available is the first thing I think about when I wake up in the morning and the last thing I think about when I go to bed each night.”

Sounds great, as it did on May 21, 2009 when he tried to beef up his Commander-In- Chief cred by saying:

“My single most important responsibility as President is to keep the American people safe. That is the first thing that I think about when I wake up in the morning. It is the last thing that I think about when I go to sleep at night.”

So, which one is the truth? Neither. He wakes up and goes to bed with one thought on his mind: Say whatever it takes to get re-elected.

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The Official Unemployment Rate; an “Official” Lie

CFP

Do you believe Friday’s government report that the unemployment (U.3) rate fell last month from 9.4 percent to 9.0 percent?  How could the rate decrease when January only saw a reported increase in payroll employment of 36,000 jobs when some 150,000 new jobs are needed to be created each month just to stay even with population growth?

According to Friday’s Bureau of Labor Statistics report, a 0.4 percentage point decline in the unemployment rate means “the number of unemployed persons decreased by about 600,000.”  Where did the other 564,000 January jobs come from as they cannot be found in the reported jobs data?

The jobs are phantom jobs created by faulty seasonal adjustments. As statistician John Williams (shadowstats.com) puts it, “the extraordinary severity and duration of the economic duress in the United States during the last three to four years has destabilized traditional seasonal-factor adjustments and the related monthly reporting.”

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Obama history best predictor, There are no surprises

Citizen Wells

Is anyone who has examined the history of Barack Obama surprised at the chain of events that have played out over the past years? No. Debates, discussions and analyses have continued on about the economy, jobs, foreign policy and even the religion of Obama, when all one has to do is look at Obama’s past. He has kept hidden much of his past but even that is a solid indicator of his intentions and why his past is secret.

Let’s examine one of the simple aspects of Obama, his religion. One cannot look into his heart directly, but regardless of one’s profession, one’s acts are the window to the soul. Obama’s past associations clearly reveal a strong Muslim influence as well as radical theologies such as those espoused by Jeremiah Wright. Ideas that certainly are not Christian and in many cases are anti semitic. So why would anyone be surprised about the turmoil in Egypt?

The economy. Why would anyone paying attention be surprised about the economy and jobless rate. Obama has been enmeshed in socialism and redistribution of wealth for many years. Obama and his liberal, socialist buddies have been spending like drunken sailors with no regard for the impact on hard working Americans. Obama’s involvement with and support from ACORN should have been warning enough.

Now to the core of the problem. It appears that many politicians do not want to touch the Obama eligibility issues. This is not a political issue, it is a constitutional issue. The impression is that the problem will go away with the next presidential cycle. That Obama will be removed then. They are wrong.

The same forces and thought processes that drove Obama to hide his past and associate with Anti American elements still guide him. Obama eligibility issues, his extreme efforts to hide his birth certificate and college records are symptomatic of deeper problems. His utter disregard for the US Constitution is the larger problem and is why Obama must resign or be arrested. It is also why Congress and the courts must take this out of the political realm and into the sanctum of the rule of law. There is no other duty and priority higher than this.

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John Stossel: My State of the Union Address

The first line of this article really cracks me up. Obama fulfilled his constitutional duty. Its the only part of the Constitution that he believes in, and he wouldn’t miss the chance to appear on TV and use his teleprompter.                                    1 Dragon

 

Townhall

President Obama fulfilled his constitutional duty and gave his report on the state of the union. Here’s mine:

We’re in deep trouble.

You know why. Our debt has passed $14 trillion, and yet our current spending plans will make that worse. The U.S. debt will reach Greek levels in just 10 years.

But do not despair. If we make reasonable cuts to what government spends, our economy can grow us out of our debt. Cutting doesn’t just make economic sense, it is also the moral thing to do. Henry David Thoreau had it right when he “accepted(ed) the motto … that government is best which governs least.”

So what should we get rid of?

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Obama the Centrist? Don’t Be Fooled By His State of the Union Speech

Fox News

If you’re looking for real specifics at tonight’s State of the Union, don’t hold your breath. The White House is billing the president’s annual January appearance in front of Congress much like something you’d hear at an “inauguration,” more atypical than most speeches that turn into political laundry lists.

If Obama’s inaugural address was any indication, expect a lofty oration that’s thin on details and heavy on the soaring rhetoric that helped propel the president into office. But don’t believe the spin that he’s moved to the middle. To win re-election, President Obama will, in true chameleon-like fashion, return to the man we met on the 2008 campaign trail, but only on the outside.

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