Posted on 07/08/2011 10:11:41 AM PDT by Ernest_at_the_Beach
The economy added a meager 18,000 jobs in June, stoking worries the U.S. economy is slumping again. See story on June jobs data.
Here is a sample of reaction on Wall Street and in Washington.
• “Today’s report is more evidence that the misguided ‘stimulus’ spending binge, excessive regulations, and an overwhelming national debt continue to hold back private-sector job creation in our country.” — House Speaker John Boehner
• “I think these numbers are a call to action for Washington to stop bickering ... and do the things to get the growth rate higher and create jobs. — Austan Goolsbee, chief economic adviser to President Barack Obama
• “We can see no silver lining in this employment report, which is weak, weak, weak.” — John Ryding, RDQ Economics
• “The details aren’t quite as bad as the headline, with private payrolls up 57,000, but that’s still pretty terrible when compared to the 240,000 average as recently as the three months to April.” — Ian Shepherdson, High Frequency Economics
• “The upshot is that exactly two years after the recovery began, broad labor market conditions haven’t improved at all.” — Paul Ashworth, Capital Economics
(Excerpt) Read more at marketwatch.com ...
” We are looking at the LAST black potus “
It’s not outside the realm of possibility that we could be looking at our last POTUS, period...
Stunned is the new unexpected.
Yeah, I don’t get the “stun” description at all here. The government is doing everything possible to get in the way of economic growth, and they’re “stunned” when they got miserable economic numbers?
Cut taxes. Cut spending. Cut burdensome regulations. Eliminate Obamneycare. Nothing else is going to work.
No body counts in Iraq or Afghanistan
9.2% unemployment is unexpected
$5T debt was Bush’s fault
The part that makes the media so devious is that is clearly drew lines between Bush and any negative event, be it war, poverty, mortgage mess, etc. but will not ever connect Obama to anything negative at all. In fact, they blame Republicans and Bush still...the average CBS-watching, non-political American does not have the link between the Obama policies (Stimulus, bailouts, ObamaCare, EPA) and where we are now...
But no one, no group, has systematically attempted to prove it.
My theory : the sudden increased rate of fall of everything that defined success in our nation tracks exactly, but inversely to the rise of Barrack Hussein Obama, his financial supporters, his immediate advisors and behind the scenes promoters. Whether this desireable or not is a separate issue, but that it is a fact can only be proven by actually examining the journey that led us to where we are.
There are dozens of groups and organizations that track all the factors that matter.
Private sector Employment.
Private sector Unemployment.
Government empoyment at all levels.
Inflation.
Food.
Energy.
Industrial production.
Orders for heavy industrial machinery.
Startups of large businesses.
Startup of small businesses.
Tax revenues.
Education.
Welfare.
Investment.
I believe it will become crystal clear if any group or think thank with access to all the facts simply assembles the picture.
I also believe that the downhill slide began in 2006 or 2007, when the rise of Obama and the Soros funded groups became clear enough so that everyone who is negatively affected by a sharp political left turn saw the handwriting on the wall, and the disastrous results on the horizon, long before the 2008 elections. Indeed before Hussein was even considered for nomination (considering the other potential candidates at the time.)
There is no great mystery about the validity of the "Invisible Hand", nor the destructive results of human nature unbridled (Pure democracy.)
All the positive indicators, together, began a slide immediately, and it has accelerated continuously ever since. Before Bush even left office.
In summary, if a comprehensive chart of all the factors listed above were created from facts (What has already happened) it will clearly show a trend of Obama's continuous rise in terms of power, and the steady downward fall of the quality and quantity of everything else that was previously positive. That would include the bad becoming worse.
I would love to see such a chart.
Cause and effect can be argued, but what is already history can't be.
Documenting the abysmal failure of the most incompetent president, coupled with the most inncompetent bicameral Congress in history should be irrefutable.
I suppose early on I should have asked : Does anyone know of such a chart having been created to date?
Oh goodie!
More funds available to grow the "Parasite Class," both the obvious and the hidden as Social Security, Medicare and Medicaid (the non conributors.)
Shall we have a humorous diversion here?
Try to identify the first Freeper who responded WTF?first to the "Hope and Change" meme.
We can follow that up with identifying the first nationally quoted mensa member who exclaimed,
Obama's gonna pay my rent!
Obama's gonna buy my gas!
Love ‘stuned’, ‘beeber’, and all the other keywords.
This one?
Actually, there are over 300 Million people the Census calls Americans. You must be omitting the illegal Mexicans, South Americans, and African Continent Illegals.
Boy, did that just take me back 48 years. I was in subs then, 'rig for silent running' was a common order on submarines then...probably still is.
The word stuns is spin
Wall street was not stunned. Everybody knows the giggered numbers must eventually crash with reality.
The market has already discounted the lies
Cain would be the first. Obama is mixed race with slaveowner blood.
That one, yes! Thank you.
LOL!
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