Posted on 08/19/2010 8:46:52 AM PDT by Sub-Driver
White House: The Economy Is Lost Obama Admin. Says Nothing Is Possible To Help Struggling Economy As Jobless Claims Hit Nine-Month High, Employers Scared To Death; Gop Listening And Offering Better Solutions
Washington (Aug 19)
With President Obama set to take off for Marthas Vineyard in a matter of hours, the Obama Administration says NOTHING IS POSSIBLE (their caps, not ours) to help an economy showing new signs of job losses and employer uncertainty. (Now, this is a peculiar admission coming from a White House that is also saying, despite his vacation, that the president is working hard to do everything possible to get this economy back on the right track , but mixed messages can be a problem for those folks these days.)
Unsurprisingly, the White House also told POLITICO Playbook it would love to back additional stimulus, but outside of that, RIGHT NOW, NOTHING IS POSSIBLE to get our economy moving again. There you have it: the American people are asking where are the jobs? and all Washington Democrats have to offer is more of the same failing stimulus policies. Hows that been working out? Well, heres how things are going a little more than two weeks after the Treasury Secretary declared welcome to the recovery in The New York Times:
The government reported this morning that jobless claim filings rose to their highest levels in nine months, yet another setback and a sign that employers are cutting jobs again. Welcome to the reality:
New U.S. claims for unemployment benefits unexpectedly climbed to a nine-month high last week, yet another setback to the frail economic recovery. (Reuters, 8/19/10)
New applications for unemployment insurance reached a half million last week for the first time since November, a sign that employers are cutting jobs again as the recovery slows. (AP, 8/19/10)
And yesterday, in Ohio 10.5 percent unemployment -- just a few blocks from where the president was hobnobbing at a downtown fundraiser, hundreds were waiting on line at a job fair only to learn that opportunities are scarce because employers are scared to death. Welcome to the reality:
A few blocks from where President Barack Obama was raising money for Gov. Ted Strickland, Dan Howard was in line with about 400 other people at a job fair Downtown. I wish he could come," said the 48-year-old Grove City man, who lost his job in the spring. I would love to talk to him about what it's really like. Companies are just frozen, said Howard, who holds three college degrees.
Bob Hillman, who ran the employment event for National Career Fairs, said employers across the country want to hire but are uncertain about what will happen in Washington with taxes, health care and financial regulation, and that is keeping them on the sidelines. They're simply scared to death, he said. (The Columbus Dispatch, 8/19/10)
LISTENING AND OFFERING BETTER SOLUTIONS. As part of America Speaking Out, House Republicans have been meeting with constituents to hear their concerns and to engage them in the creation of a new governing agenda for the nation. With an innovative web forum at AmericaSpeakingOut.com, through cutting-edge mobile applications, and at nation-wide town hall meetings, House Republicans are giving Americans a megaphone to make their priorities heard. Throughout this week, Republicans have been fostering national dialogues on better solutions to provide the fiscal discipline economists say is needed to get people working again. Republicans on the House Budget Committee have identified $1.3 trillion in spending cuts that could be implemented right now to make Washington do more with less and focus on growing the economy, not the government.
Obama should resign. I really mean thiat. There is a Giant NO CONFIDENCE in his ability to lead this nation.
Resign Obozo. You are a failure and a fool.
If people can’t afford to buy product, employers won’t make more product so they have no need for more employees. So your statement is absolutley true.
Wonder how Soros fits into the picture?
Regardless of Obamacare; employers have always known they can operate with fewer employees.
I think the DNC is crumbling from within and were witnessing that power struggle at America's expense. They have nothing to offer but to blame the Republican's, Blame Bush and spend, spend, spend!
In this instance, we need not wink behind Hyperbole’s back. One cannot over exaggerate the damage caused by our bad choices when picking leaders.
Restore the economy.
Make more of what we import.
More jobs and less debt to China.
” The economy was lost the minute McCain won the GOP nomination, guaranteeing an Obamao win. “
I posted back in Jan of 07 that only McCain was guaranteed to lose.
Well said. We used to have 10 people working to support those on Social Security. It still takes 10 people but 8 of them are in other countries. We need a social security tariff on these workers. American workers are taxed why not foreign workers?
Lieberman gave him crucial support in New England because McCain wanted to bomb Iran.
And you were right. And now we’re toying with nominating his intern...
>>>The economy was lost the minute McCain won the GOP nomination, guaranteeing an Obamao win.
McCain, the GOP leadership repeated the “Dole Mistake,” the rewarding of tired, old, but loyal party leaders... who have ZERO chance of winning the next election. The GOP will never get out of this terrible losing habit.
They didn’t say that - this is Satire!
Good satire is written like it is ALMOST believable. This is BAD satire, who thinks the White House would say “NOTHING IS POSSIBLE”?!
This is even worse satire than the story of Obama giving the queen of England an I-pod!
This is satire - right? /S
Noob .. this is quite possibly the stupidest thing I have ever seen posted on FR.
Come up from your mom's basement and get some fresh air.
Upon first glance it appears you makee funee of the nubee
But; Maybe your onto something about taxing foreigners to pay fer our comforts. That might just work out if you can wrestle the idea away from the "one world" tyrants.
It used to drive me nuts that Obama is always going on vacation or giving a speech somewhere. Now I am actually glad he is constantly golfing or yammering because that means nothing is really getting done to promote his agendas. He is so far in over his head. His latest pictures show him looking beat down with a look of “what have I got myself into?”. What a meltdown.
I woulda voted for Hope! Bob Hope that is;
http://www.youtube.com/watch?v=8fv5I2rmtuU
Nicely put!:)
They're all in this together. Obama isn't destroying this country by himself.
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