Posted on 01/21/2015 8:45:12 PM PST by Bratch
Governor Sarah Palin issued a strong response to Barack Obama’s State of the Union speech:
Despite all the happy talk and rainbow kisses in his second to last State of the Union address, President Obama has utterly failed middle class Americans who are making less and spending more to survive in his economy. And he has no real plan to help them.
I’m no special pleader for the super rich. They can take care of themselves, and Barack Obama has been the friend of every crony capitalist on Wall Street attending his $30,000-a-plate fundraisers. So, it’s really galling to hear this President pretend to care about the little guy.
Let’s be honest. Tinkering in the margins of the tax code isn't going to bring lasting prosperity to America’s middle class. Our tax code needs major reform. Mr. President, if you truly seek equality in the tax code, then let’s talk about a flat tax. Let’s get rid of all the loop holes carved out by the wealthy and politically connected. Bring us together to pass sensible flat tax legislation. Every American will thank you on tax day! The only people who will hate this are those who are benefiting from the current convoluted tax code with its thousands of special interest exemptions and carve-outs. Enough of this faux-populism about taxing the rich while protecting the broken tax code that benefits them. Mr. President, if you truly care about equality and fairness, give us a sensible flat tax.
The tax code isn't the only thing standing in the way of prosperity in America. The middle class needs good paying jobs that can sustain a family. No American should be stuck in a entry level minimum wage job for their entire life. We want Americans to climb the economic ladder, not get stuck on the first rung. To create those good paying jobs, we need to address the problems standing in the way of job creation. We need to replace job-killing legislation like Obamacare, which has failed on every level by making health care more expensive for average Americans while providing them with less choices and worse care. We need to consider the consequences of policies like the 1,200 new regulations the Obama administration rammed through last month in the 15 days right before the new year – regulations that will cost the American taxpayer $181 billion in new fees and further stymie job growth. Ask yourself, is it easier today under Barack Obama’s policies to open a business and hire people or is it harder? ‘Nuff said.
Nothing was said tonight about our staggering $18 trillion national debt, which increased by $7.5 trillion under Obama. Our debt is a ticking time bomb, but for the permanent political class in DC that ticking sound is just ambient noise to lull yourself to sleep. Some of us would like to address the debt before it blows up in our faces. That’s what responsible leaders do. They don’t glibly make promises for more free goodies they know we can’t afford to keep.
I have little hope that we’ll see honest leadership from the White House. Nothing in tonight’s speech indicates that the Obama administration will stop hurting the middle class with its failed policies. (And it was just a bit much to listen to the most polarizing partisan president of our lifetime – who rammed through his signature legislation without any input from the GOP – lecture us about working together now that the GOP controls Congress. Your actions speak so much louder than your words, Mr. President.)
We need to look for new leadership in Congress to put forward a positive agenda of prosperity for every American. Hang in there, America. Real hope for change is just around the corner in 2016.
- Sarah Palin
PS – There’s no need to comment on foreign policy tonight because President Obama essentially didn’t comment on it either. He’s so far over his head with what seems like personal confusion on who the bad guys are and who the good guys are. His foreign policy is so obviously a colossal and dangerous failure that I guess there’s no need to spell it out for everyone. Just watch the news. It’s unraveling daily.
The GOP knows Sarah Palin, and they are seriously not going to hire her, again. Ever.
tomorrow
Middle Class Economics by President Barry "Obama" McEcon
The data are annualized except when noted otherwise. All are monthly or quarterly. I use the last month / quarter of the year.
Much of the size of this is taken up by instructions on how to get the sources of the data and much, much more data!
The numbered column headings are for:
Taking into account the year preceding the Barry McEcon administration, here is the first six years of the administration using these spread sheet formulas to compute %'s:
(2014 value - 2008 value) / 2008 value
I get
Col 11 and Col 12 are the (phony?) Unemployment rate and Unemployment rate of the full-time labor force, respectively. See table for President McEcon's disasters in these categories:
| Year |
|---|
| 2007 |
| 2008 |
| 2009 |
| 2010 |
| 2011 |
| 2012 |
| 2013 |
| 2014 |
| Year |
| 2. |
|---|
| 232937 |
| 234825 |
| 236739 |
| 238712 |
| 240431 |
| 244169 |
| 246564 |
| 248843 |
| 2. |
| 3. |
|---|
| 153645 |
| 154723 |
| 153591 |
| 153803 |
| 153995 |
| 155450 |
| 154989 |
| 156258 |
| 3. |
| 4. |
|---|
| 66.0 |
| 65.9 |
| 64.9 |
| 64.4 |
| 64.0 |
| 63.7 |
| 62.9 |
| 62.8 |
| 4. |
| 5. |
|---|
| 146272 |
| 144091 |
| 138368 |
| 139155 |
| 140669 |
| 143303 |
| 144205 |
| 147344 |
| 5. |
| 6. |
|---|
| 62.8 |
| 61.4 |
| 58.4 |
| 58.3 |
| 58.5 |
| 58.7 |
| 58.5 |
| 59.2 |
| 6. |
| 7. |
|---|
| 121621 |
| 118281 |
| 110906 |
| 111655 |
| 113269 |
| 115610 |
| 116826 |
| 119707 |
| 7. |
| 8. |
|---|
| 24727 |
| 25836 |
| 27423 |
| 27444 |
| 27355 |
| 27684 |
| 27378 |
| 27657 |
| 8. |
| 9. |
|---|
| 7374 |
| 10633 |
| 15223 |
| 14649 |
| 13326 |
| 12146 |
| 10784 |
| 8914 |
| 9. |
| 10. |
|---|
| 6009 |
| 9009 |
| 13444 |
| 12867 |
| 11521 |
| 10338 |
| 9171 |
| 7478 |
| 10. |
| 11. |
|---|
| 4.8 |
| 6.9 |
| 9.9 |
| 9.5 |
| 8.7 |
| 7.8 |
| 7.0 |
| 5.7 |
| 11. |
| 12. |
|---|
| 4.7 |
| 7.1 |
| 10.8 |
| 10.3 |
| 9.2 |
| 8.2 |
| 7.3 |
| 5.9 |
| 12. |
| 13. |
|---|
| 79291 |
| 80102 |
| 83148 |
| 84908 |
| 86436 |
| 88719 |
| 91575 |
| 92584 |
| 13. |
| pop. |
|---|
| 301230 |
| 304090 |
| 306770 |
| 309330 |
| 311590 |
| 313910 |
| 316160 |
| 319470 |
| pop. |
| labor1 | labor1 | |
|---|---|---|
| 123524 | 22810 | |
| 121211 | 22138 | |
| 116663 | 21290 | |
| 117006 | 22153 | |
| 118033 | 22647 | |
| 119844 | 23216 | |
| 120636 | 23787 | |
| 122558 | 24890 | |
| labor1 | labor1 | |
| force | force | |
| domestic | foreign | |
| born | born | |
| [1000s] | [1000s] |
| PR2 |
|---|
| 68.2 |
| 67.9 |
| 67.2 |
| 67.8 |
| 67.4 |
| 66.4 |
| 66.1 |
| 65.9 |
| PR2 |
| UR2 |
|---|
| 4.7 |
| 7.6 |
| 11.0 |
| 10.6 |
| 8.8 |
| 8.0 |
| 6.5 |
| 5.3 |
| UR2 |
| income3 |
|---|
| 56,436 |
| 54,423 |
| 54,059 |
| 52,646 |
| 51,842 |
| 51,759 |
| 51,939 |
| N |
| income3 |
| median income |
| Recession |
|---|
| Dec 2007 |
| to |
| Jun 2009 |
| - |
| - |
| - |
| - |
| - |
| Year |
|---|
| 2007 |
| 2008 |
| 2009 |
| 2010 |
| 2011 |
| 2012 |
| 2013 |
| 2014 |
| Year |
| GDP |
|---|
| 1.8 |
| -0.3 |
| -2.8 |
| 2.5 |
| 1.6 |
| 2.3 |
| 2.2 |
| 5 |
| GDP |
| % chg |
| PCE |
|---|
| 0.34 |
| -3.16 |
| -0.01 |
| 2.79 |
| 0.94 |
| 1.32 |
| 2.51 |
| 2.21 |
| PCE |
| U-6 |
|---|
| 8.8 |
| 13.6 |
| 17.1 |
| 16.6 |
| 15.2 |
| 14.4 |
| 13.1 |
| 11.2 |
| U-6 |
| U-2 |
|---|
| 2.5 |
| 4.3 |
| 6.3 |
| 5.7 |
| 4.9 |
| 4.2 |
| 3.5 |
| 2.8 |
| U-2 |
| SSDI |
|---|
| 823,106 |
| 895,011 |
| 985,940 |
| 1,052,551 |
| 1,025,003 |
| 979,973 |
| 884,894 |
| 810,973 |
| SSDI |
1labor: If second labor column (foreign born) is not shown hover the labor (domestic numbers) for foreign born numbers.
Source: to find the tables go here Data Retrieval: Labor Force Statistics (CPS)
HOUSEHOLD DATA Table A-7. Employment status of the civilian population by nativity and sex, not seasonally adjusted [Numbers in thousands]
Employment status and nativity. Then
Scroll down to "Retrieve Data"
The data that I include above are from the month of December except for 2014 where November is the last month with data available.
2 PR Civilian labor force participation rate, foreign born and UR unemployment rate, foreign born. See 1 for source.
3income: For the Census Bureau income data go here. Choose "Consumer Income Reports (P60)" then choose "P60-249 Income and Poverty in the United States: 2013" (pdf file).
|
The numbered column headings are for:
The rest of the columns are:
Some columns are combined / omitted to fit desired columns on a PC screen. Use hover to view combined columns.
All values in the numbered-columns are from annualized quarterly sources. The value displayed is for the fourth quarter.
| Table Information |
|---|
| Column headings 1 to 13 |
| I've combined several tables into one. Most of the tables were obtained here: go to Bureau of Labor Statistics (BLS) Labor Force Statisics from the Current Population Survey (CPS). Make your selections. I chose quarterly data. I took the fourth quarter data from each table and combined them into the main part of the table above. For the year 2014 I took the third quarter data. |
| pop. Population data |
|---|
| Go here U.S. population and US Census clock, Dec 22, 2014 319.47 million |
| Recession |
|---|
| CENSUS BUREAU, BUREAU OF LABOR STATISTICS SOURCES |
| National Bureau of Economic Research, Inc. Cambridge MA 02138 US Business Cycle Expansions and Contractions Link from BLS SPOTLIGHT ON STATISTICS THE RECESSION OF 2007 – 2009 |
| GDP - Table 1.1.1. Percent Change From Preceding Period in Real Gross Domestic Product (annual rates) |
|---|
| see PCE |
| PCE Personal consumption expenditures |
|---|
| The GDP Personal consumption expenditures percentage US Department of Commerce, Bureau of Economic Analysis (BEA) Gross Domestic Product (GDP) If you are not at Gross Domestic Product (GDP) search for it. It should be on page http://www.bea.gov/national/index.htm. Then click on
I did not know which tables to look for so I chose to download them all in csv format. I clicked on Section 1 (2852.7k) I used Table 1.1.2. Contributions to Percent Change in Real Gross Domestic Product |
| U-6 |
|---|
| Hover column for U-2 data. |
| U-1 to U-6 unemployment rates. We know how the "official unemployment rate" is manipulated so I won't include it here. These are annualized monthly data for December. For 2014 I used November. |
| Series Id: LNS13327709 Seasonally Adjusted Series title: (seas) Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers Labor force status: Aggregated totals unemployed Type of data: Percent or rate Age: 16 years and over Percent/rates: Unemployed and mrg attached and pt for econ reas as percent of labor force plus marg attached. |
| U-2 |
|---|
| U-1 to U-6 unemployment rates. These are annualized monthly data for December. For 2014 I used November. |
| Series Id: LNS14023621 Seasonally Adjusted Series title: (Seas) Unemployment Rate - Job Losers Type of data: Percent or rate Age: 16 years and over Reasons looking for work: Job losers and persons who completed temporary jobs U-2 |
| SSDI |
|---|
| Selected Data from Social Security's Disability Program |
| The following table presents unedited data (including corrections, if any) on disabled worker beneficiaries paid from Social Security's Disability Insurance Trust Fund. In particular, unedited award data may contain duplicate cases. |
| 2014 data are the sum of first three quarters |
Footnotes
N Not available.
Z Represents or rounds to zero.
Stymie
One thing I would love to see in the tax code is:
You can not get more back in your refund than you paid.
Ping to Sarah's Taxed Enough Already List!
Sarah Destroys Ubama in her Response.
But Honestly I was waiting for Ubama to start supporting points from the 1937 Soviet Constitution, he might as well have >:(
Chapter 2:
Article 3. Its fundamental aim being abolition of all exploitation of man by man, complete elimination of the division of society into classes, merciless suppression of the exploiters, socialist organization of society, and victory of socialism in all countries, the Third All-Russia Congress of Soviets of Workers', Soldiers' and Peasants' Deputies further resolves:
Pursuant to the socialization of land, private land ownership is hereby abolished, and all land is proclaimed the property of the entire people and turned over to the working people without any redemption, on the principles of egalitarian land tenure.
All forests, mineral wealth and waters of national importance, as well as all live and dead stock, model estates and agricultural enterprises are proclaimed the property of the nation.
The Soviet laws on workers' control and on the Supreme Economic Council are hereby confirmed in order to guarantee the power of the working people over the exploiters and as a first step towards the complete conversion of factories, mines, railways and other means of production and transportation into the property of the Soviet Workers' and Peasants' Republic.
The Third Congress of Soviets regards as a first blow at international banking, financial capital, the Soviet law on the annulment of loans negotiated by the governments of the tsar, the landlords and the bourgeoisie and expresses confidence that Soviet power will be advancing steadfastly along this road until the complete victory of an international workers' uprising against the rule of capital.
To ensure the sovereign power of the working people and to rule out any possibility of restoration of the power of the exploiters, the arming of the working people, the creation of a socialist Red Army of workers and peasants, and the complete disarming of the propertied classes are hereby decreed.
One of the frequent threats / scare tactics re: Social Security is that the eligibility age would be moved forward. That actually went into effect in 1972 or thereabouts.
http://www.socialsecurity.gov/retire2/agereduction.htm
Thanks KC
Those 'wealthy and politically connected' are the folks who give the fat donations to our 'public servants' who then reward them with tweaks that give them a return of thousands of dollars for every penny 'donated'. Sarah's right - move to a flat tax.
Soviet constitution or a speech by Elizabeth Warren - you decide.
No matter, Joni still made a big hit. Now that she’s sworn in, let’s stand behind her instead of finding fault. She’s a quick learner and will do a good job.
Hope Springs Eternal.
Bush increased it to about $10 trillion, which is where it stood when Obama took over for the Uni-Party.
“You cannot imagine a President Ted Cruz?”
Not a fan of senators running for executive jobs.
Especially freshman Senators.
Haven’t we had enough of freshman Senators over the last 6 years?
I have.
>>>
If Republicans actually existed anymore they wouldn’t just want her as a speech writer, they’d be supporting her and patriots like her with everything they had, every day - with money, action and stubborn conviction - instead of playing spin-the-bottle with the dems non-stop only to end up looking like hungover, dull-witted, ravaged sl*ts all the time.
<<<
Boo-Yah!
Really? It was $10 trillion when George W. left office?
Crap.
Like you said, the “Uni-Party.”
The lesser of two evils is still evil.
I saw a prediction somewhere that the deficit was going up to $27 trillion in the near future. The collapse is coming and it’s not going to be pretty.
Taxing SS benefits was an early indicator of the depravity of our Congress.
Yes itsahoot, I never give up, even when I’m grumpy about one of elected.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.