LOL!
Posted on 09/14/2009 6:38:12 AM PDT by AIM Freeper
President Obama's National Economic Council Director Lawrence Summers sent a mixed message on Friday when he told reporters that the economy is getting better but that unemploment will remian high for years.
From the Politico
The president’s chief economic adviser warned Friday that the nation’s unemployment rate could stay “unacceptably high” for years to come — a situation that would seriously complicate Barack Obama’s ability to convince Americans that he’s beating back the recession
(Excerpt) Read more at aim.org ...
if thats the case then where is stimulus money?
I have an idea...let’s spend more money!! yeah..that’s the ticket!
Gee, I never would have guessed. After all, ObamaSan is so wise he will surely lead us to the promised land,...oh wait, I mean death panels,...oh wait, I mean extermination chambers!
When voters wake up and put a supply-side Congress and President in who will massively cut taxes and encourage investment, industry will grow, jobs will be produced, and MAGICALLY people with jobs, security, and money will SPEND IT.
I swear I can explain that to my 9 year old boy. Why does Congress not understand that?
...One of these things is not like the other....
Great! Then let’s further crush the US economy with a trillion dollar tax increase to fund Obamacare. Then let’s add another crushing tax increase for the Tax and Ration bill (Cap and Trade). Isn’t Obamanomics great - trickle up poverty.
The naked emperor stands before you ...
Why is anyone surprised? Summers is one of the academic economics establishment who think that a) econometrics can accurately predict the future, we just have to tweak the model, b) we can control the pace and direction of the economy and c) America can support all her citizens with white and green collar jobs.
If we are to build wealth, we must grow things, make things, dig and drill things from the earth.
So where is the revenue going to come from to pay for all of this? Answer: Higher taxes for everyone.
Wait until ObamaCare takes the profits out of 1/6th of the economy. 25% Unemployment. Hope....Change.
“seriously complicate Barack Obama’s ability to convince Americans that he’s beating back the recession”
TAKE NOTE of the language in the above statement, he’s going to ‘convinve’ them that he’s doing something, it doesn’t mean he’ll actually DO anything....
I feel like I’ve awakened inside the Minitru, where facts and Truth go to die...
That is the plan, isn't it? The more social failures the schools can create and the more impoverished middle classers the Oboma administration can create - the more the people will have to vote for socialists if they want to eat.
People must learn to get back to the soil and become more self sufficent. The politicians will not and cannot save them. The politicians only have the politicians best interest at heart.
This is the setup for a HUGE stimulus package, all of which will go to labor unions.
And followed by cap and trade and amnesty.
These guys are not even 1/2-way good at propaganda.
Translation: Unemployed = dependent on government programs = vote democratic
Ya jus haffta unnerstan dat dare democrat new math dey teech inna publik skool, my friend.
Didn’t economic advisers predict increased unemployment with the passage of increased minimum wage? So why is anyone surprised?
Unemployment will continue until private industry recovers the jobs exported in the last 10 years by government to government fleece trade agreements.
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