The Admin has nothing on me.
I bought my wife a shiny new Toshiba Laptop fro $499.99, and that created One Gazillion Jobs! It was either that or the new Mouse I also bought for $7.99.
(I'm still crunching the job numbers.)
Posted on 08/26/2010 12:13:18 AM PDT by JohnHuang2
Administration officials passed around the champagne Tuesday as the Congressional Budget Office reported that the $814 billion spent on the first stimulus bill created between 1.4 million and 3.3 million new jobs. President Obama's policies "put the country on a path to recovery by getting Americans back to work quickly," Vice President Joseph R. Biden Jr. crowed. "We've created 3 million jobs, and we're adding jobs every month." Continues...
"Sales of new homes declined unexpectedly in July," falling "12.4 percent from June, to a seasonally adjusted annual rate of 276,000. That was the lowest level in July since the government began keeping track in 1963." -- New York Times
We're turning this great ship of state around that was wandering out to sea and it's headed back to port. -- Joe Biden
Existing "housing sales in July plunged 25.5 percent below the level a year ago . . . the steep descent surprised nearly every analyst and put the volume of single-family home sales at the lowest level since 1995 . . . the turmoil in housing, which is likely to lead to further price declines this winter, could send growth in the second half of the year below 1 percent . . . " -- New York Times
There isn't any doubt that we're moving in the right direction. -- Joe Biden
"The U.S. economy lost momentum in the second quarter as consumers remained frugal and a cycle of restocking by businesses . . . showed signs of petering out," with GDP growing only "at a 2.4% annual rate in the period . . . the growth slowdown bodes poorly for the rest of the year . . . " -- WSJ
Government has launched entire industries, [created] hundreds of thousands of jobs, and [sparked] new forms of commerce that were once unimaginable, allowing us to dominate the 21st century like we did in the 20th. -- Joe Biden
"New applications for unemployment benefits hit a nine-month high last week -- a spike that suggests private employers may shed jobs this month for the first time this year. Workers are losing construction jobs in Georgia and manufacturing jobs in Indiana . . . without more jobs, consumers will not feel secure enough to spend much money, further slowing the economy." -- Associated Press
We're making progress. We've created 3 million jobs, and we're adding jobs every month . . . we're turning this around. -- Joe Biden
"The average interest rate on credit cards is rising as banks wrestle with high delinquencies and new regulations. The average rate on existing credit cards hit 14.7% in the second quarter, compared to 13.1% a year earlier." -- Dailyfinance.com
Today, I'm proud to report on how the down payment [of $1 trillion] we have made to entrepreneurs and innovators through the Recovery Act are transforming the American economy. -- Joe Biden
"The Labor Department said compensation costs rose 1.8% for civilian workers in the second quarter compared with a year ago, a sluggish pace about half the rise in the early stages of the recession." -- WSJ
Our Recovery Act's investments in innovation are creating jobs, creating new industries, making existing industries more competitive . . . -- Joe Biden
"Business investment is often followed by hiring, but that hasn't been the case in this recovery. One reason is that much of the investment is being used to maintain or upgrade existing equipment, not to produce more products . . . " -- WSJ
Entire new American industries are being born -- the very industries that are going to allow us to lead the world in the 21st century. -- Joe Biden
"The U.S. Commerce Department said July durable goods orders rose [an anemic] 0.3%, significantly below forecast by economists surveyed by MarketWatch." -- MarketWatch
"Welcome to the Recovery" -- Timothy Geithner
"The nation's trade deficit widened sparkly in June . . . casting fresh doubt over the strength of the U.S. recovery. The deficit expanded by 18.8% in June, reaching $49.9 billion from $42.0 billion in May . . . The wider trade gap could lead to downward revisions to [GDP growth] for the second quarter." -- MarketWatch
That's how we've led the world in the past. And that's how we'll dominate again in the future. Looking at all of you, I know that we're already on our way. -- Joe Biden
Christian Science Monitor: "GDP growth figures are being revised downward. Consumers aren't spending. Banks aren't lending -- except to the federal government. Mortgage payments are falling further behind -- even with fixed mortgage rates at record lows."
I think we're going to get a fair amount of credit by November -- Joe Biden
"JohnHuang2"
US Government Department of Labor Statistics: Since the advent of the Obama administration anywhere from one to one billion new jobs have been created.
***What an idiotic metaphor!***
Exactly! And it proves that Biden’s idea of economic success is not rational. Ships are for commerce. They are supposed to sail on...not hang out in a port.
I bought my wife a shiny new Toshiba Laptop fro $499.99, and that created One Gazillion Jobs! It was either that or the new Mouse I also bought for $7.99.
(I'm still crunching the job numbers.)
I've decided: 0bamanomics is an EPIC FAIL!
Good morning. Long time no see.
5.56mm
Biden likes to lie?
Jeepers. Thank you so very much for all these quotes!
Actually, the ship doesn’t have to risk “wandering out to sea” because they got a government stimulus grant to sit in port and load and unload Chevy Volts. They’re not going anywhere anyway.
You just provided conclusive proof that Biden, Obama, and their sycophantic leftist media conspirators are congenital liars, cut from the same corrupt communist cloth that has driven all socialist countries into bankruptcy, around the entire world.
Not to draw too fine a point on it however - we know they are abject failures, and would likely be tossed out of office at some point not far away.
But, hang on... expect our dictator-in-waiting to declare a 'National Emergency that simply precludes further elections,' and declares that he must stay in office to 'steer the nation through the perilous times it finds itself facing.'
(Followed quickly, of course, by Marshal Law, nationalization of all media, and 'Federal Troops' (FEMA) telling everyone what they can and cannot do on a daily basis.)
I very much hope that I'm very mistaken... but, just such a fate is, I fear, not at all too far-fetched.
He can declare anything he wants,,,
There is not enough troops or cops to enforce Martial Law...
However, we did create hundreds of jobs rebuilding it, and will create more jobs in the replacement of the crew.
O Captain My Captain
a poem by Walt Whitman
O Captain my Captain! our fearful trip is done,
The ship has weathered every rack, the prize we sought is won,
The port is near, the bells I hear, the people all exulting,
While follow eyes the steady keel, the vessel grim and daring;
But O heart! heart! heart!
O the bleeding drops of red,
Where on the deck my Captain lies,
Fallen cold and dead.
O Captain! my Captain! rise up and hear the bells;
Rise up—for you the flag is flung for you the bugle trills,
For you bouquets and ribboned wreaths for you the shores a-crowding,
For you they call, the swaying mass, their eager faces turning;
Here Captain! dear father!
This arm beneath your head!
It is some dream that on the deck,
You’ve fallen cold and dead.
My Captain does not answer, his lips are pale and still;
My father does not feel my arm, he has no pulse nor will;
The ship is anchored safe and sound, its voyage closed and done;
From fearful trip the victor ship comes in with object won;
Exult O shores, and ring O bells!
But I, with mournful tread,
Walk the deck my Captain lies,
Fallen cold and dead.
As usual, JH2 sums it up!!
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