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White House: The Economy Is Lost
gopleader.gov ^

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 Martha’s 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. How’s that been working out? Well, here’s 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.


TOPICS: Business/Economy; Extended News; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: bho44; bhoeconomy; bhofascism; bhotyranny; capandtrade; cartersdog; democratcorruption; economy; elections; fail; fubo; golf; hopeychangey; jobs; liberalfascism; loser; malaise; misery; miseryindex; obama; obamacare; obamadepression; obamanomics; obamatruthfile; obamunism; unemployment
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To: meyer

This whole “blame Obama” thing on the part of the democRATS serves two purposes - to distance their candidates from the problems that leftism is causing, and to clear the path for Hitlery Clinton to run in 2012. Don’t let them get away with it - they’re ALL to blame.


61 posted on 08/19/2010 10:23:30 AM PDT by meyer (Our own government has become our enemy,...)
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To: DJ Frisat
“I/this Adminstration will not rest until yada, yada, yada....”

He's got a really weird definition of "will not rest".

62 posted on 08/19/2010 11:17:04 AM PDT by houeto (Get drinking water from your ditch - http://www.junglebucket.com/)
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To: DoughtyOne
And now we’re poised to nominate someone who has not only endorsed him for re-election, but has also stated they agree with his policies.

I'm not so concerned with a candidate who supported McCain in the general election (even Duncan Hunter did), since it was a choice between McCain and Obama. But there is a real and tragic possibility that the GOP will nominate a Romney, who I am afraid will keep flipping on vital issues, or some other untrustworthy character who will betray us when he gets the urge. It happens more often than not in the GOP.

63 posted on 08/19/2010 11:28:38 AM PDT by ding_dong_daddy_from_dumas (Lt. Col. Ralph Peters: Obama is the dog who caught the fire truck!)
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To: meyer

Is the Republicans sweep them out in November, what is the chance they will try to reverse some of this mess? I don’t have much faith in them as they always seem to roll over to the beltway media consensus.


64 posted on 08/19/2010 11:29:15 AM PDT by Gen-X-Dad
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To: An Old Man
Just like the rest of the socialists ideas. The haven't worked before, so what makes you think they will this time.

What funded the federal gov prior to the income tax?

65 posted on 08/19/2010 11:30:16 AM PDT by houeto (Get drinking water from your ditch - http://www.junglebucket.com/)
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To: justlurking
Business owners went into defensive mode over the uncertainty,...

Except for the manufacturers of arms and ammo. They went into OVERTIME!

66 posted on 08/19/2010 11:34:44 AM PDT by houeto (Get drinking water from your ditch - http://www.junglebucket.com/)
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To: Sub-Driver
With President Obama set to take off for Martha’s 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.

Ok. It is over.

This is what I have been waiting for, unfortunately. Rush got his wish...FAIL. Epic failure.

Now what America? Were we ready for this? Are we ready for this?

Of all the admissions for this regime to make, this is the one that scares the hell out of me and the one that NOW gives me the most hope. They are essentially saying the depression is here. It is upon us and get ready for the abrupt crash.

We're headed into the weekend and 0bama is going on vacation. We may not recognize our country by Monday morning.

67 posted on 08/19/2010 11:40:04 AM PDT by EBH (Our First Right...."it is the Right of the People to alter or to abolish it,")
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To: wampanoag
Just calling a spade a spade wampy.

  =  

You're the one who wrote:

Only stupid loser country do not have them.

Head upstairs about 5:45 PM, your mac and cheese should be coming off the stove.

68 posted on 08/19/2010 11:57:34 AM PDT by tx_eggman (Liberalism is only possible in that moment when a man chooses Barabas over Christ.)
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To: meyer

That is really, really important to understand.

Those votes for socialism didn’t come from nowhere.


69 posted on 08/19/2010 12:01:05 PM PDT by EBH (Our First Right...."it is the Right of the People to alter or to abolish it,")
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To: houeto; DJ Frisat
“I/this Adminstration will not rest until yada, yada, yada....”

Don't worry, Mrs. Nordberg. We won't rest one second until we get Frank's killer. Anybody want to eat lunch?


70 posted on 08/19/2010 12:31:42 PM PDT by ding_dong_daddy_from_dumas (Lt. Col. Ralph Peters: Obama is the dog who caught the fire truck!)
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To: houeto
"What funded the federal gov prior to the income tax? "

Could it have been funded by the sale of public land?

However, that was not enough for the greedy people in Washington so beginning a little over one hundered years ago they began to tax in earnest.

Do you recognize any of these taxes?

Accounts Receivable Tax
Building Permit Tax
CDL License Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges (tax on top of tax)
IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Tax
Marriage License Tax
Medicare Tax
Property Tax
Real Estate Tax
Service charge taxes
Social Security Tax
Road Usage Tax (Truckers)
Sales Taxes
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Tax
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Non-recurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Tax
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax

71 posted on 08/19/2010 1:10:34 PM PDT by An Old Man
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To: An Old Man
It was funded by the sale of public lands, which really doesn't sound appropriate from the get-go, and by tariffs.

...and yes, I recognize those taxes. Sickening ain't it?

72 posted on 08/19/2010 2:06:23 PM PDT by houeto (Get drinking water from your ditch - http://www.junglebucket.com/)
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To: reagandemocrat
Obama’s taking his ball and going to Martha’s Vineyard.

Michelle Obama’s taking his ball and going to Martha’s Vineyard.

fixed it.

73 posted on 08/19/2010 2:40:03 PM PDT by the invisib1e hand (Gawd I love being an American.)
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To: reagandemocrat

The idiot tried to blame the GOP for not passing a supposed small business bill. Last I checked the dems rule!


74 posted on 08/19/2010 2:50:45 PM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: combat_boots
Drinking with Bob’s YouTube channel.

Sounds like a real reliable source/not. Besides, Congress is not in session right now, they aren't passing anything but kidneystones worrying about November.

75 posted on 08/19/2010 2:53:58 PM PDT by hinckley buzzard
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To: Sub-Driver

Bankrupt in every sense of the word: Financially, intellectually, morally.


76 posted on 08/19/2010 2:54:21 PM PDT by denydenydeny (You're not only wrong. You're wrong at the top of your voice. --Spencer Tracy, Bad Day at Black Rock)
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To: Sub-Driver

Perhaps one day in the not too distant future, Liberty minded folks will seize control of the disaster created by the scumbags.


77 posted on 08/19/2010 2:58:34 PM PDT by Gene Eric (Your Hope has been redistributed. Here's your Change.)
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To: hinckley buzzard

That’s right! Thanks.


78 posted on 08/19/2010 3:00:09 PM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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To: An Old Man

Before the income tax, the federal government was funded mainly by tariffs and the sale of federal land.


79 posted on 08/19/2010 3:02:58 PM PDT by Michael Zak (is fighting the good fight.)
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To: dalebert

Cut all federal employees to the median private sector wage. The will not quit their cushy do nothing jobs.

Also seize all public sector pensions toss the money into social security and tell them to file at 62 like everyone else.


80 posted on 08/19/2010 3:03:02 PM PDT by omega4179 (JD Hayworth)
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