Dismal U.S. jobs pictureZero jobs in August. It's the great goose-egg economy. He really is President Zero. All economic and job reports are revised down within weeks, so we can assume there was actually a net loss of jobs and the unemployment rate went up. The economy is struggling against stiff headwinds. Blame it all on Hurricane Irene. The systematic wiping out of the middle-class continues. We haven't had zero job growth in 66 years. Long before Bush was President. But wait... hang on... there's another speech coming. The health care industry added 30,000 jobs in August.There once was an unknown man with a new Marxist plan I'll distribute your wealth and give you free health But the debt soon hit the fan |
$2 trillion of QE and 860 billion flushed down the DC crapper - and it got us what? A lot of new hiring by big government and food-stamp offices! The bottom line is that the worse the data is, the more likely it is we get additional QE. The Congressional Budget Office's economic outlook report of August 24, 2011, predicts worse than 8% unemployment until 2014. The entire recovery has been a recovery in name only. And Jackwagon Barry's solution to all this will be to triple-down on his failed policies - more spending and more blaming. Despite the 'quantitative easing' that pumped $2.3 trillion into the banking system, as well as sustained 0 percent interest rates, the economy hasn't recovered two years after the recession supposedly ended. Hey Barry, cancel Obamacare for a start!
The 9.1% jobless rate would have been 16.2% if people who have given up looking for jobs and those working part time were counted. The economys 0.7 percent growth rate in the first half of 2011 was the slowest six months of growth since the recession officially ended in June 2009. And analysts say the economy should pick up steam from here. Huh? Zer0's class-warfare tour of 2012 is under way. It's all the Rats have. Saul Alinsky would be so proud. Use Republican opposition as a 2012 campaign theme when the GOP rejects his highways and mass transit spending for unions. And the libs will want to pay for it all by increasing taxes on the 'wealthy.' Zer0 will frame it in the context that Americans see one side not willing to work with the other to move the country forward... Dems good, GOP bad. His 'mother of all recovery spending plans' would have saved or created millions of jobs if only Congress had accepted my proposal. The piss-stream media stooges will all chime in and agree about how we could have seen green shoots if only that evil Tea Party hadn't stopped Zer0's plan. Then he'll lie about the economy. That's all he's got. Or maybe another 'only on the bus for an hour a day' road trip! We much resist! I say we much! He his is one and done. The annihilation of the Democrat Party in 2012 is so close I can taste it. |
Dude! You were on a roll, there. Well done!
FJ