Sunday, June 12, 2011

Voodoo Economics .

“Our task is to not panic, not overreact, to make sure that we’ve got a plan.”. Pres . Obama

Obama's economic record is indefensible. This whole administration is incompetent. David Axlerod said last week , after the release of the poor job creation numbers, that 'these numbers don't mean much to the average citizen". This is the height of arrogance and elitism. The unemployment numbers don't mean anything for someone trying to find a job? These guys are incompetent and arrogant!
It's pathetic how some refuse to put the blame where it belongs....on the de-regulated feast of greed that the corporate banks and wall st caused....they are the ones who played roulette with the housing market, they are the ones who outsourced the jobs and destroyed our manufacturing base, they are the ones who've turned our election process into a multi-billion dollar scam and they are the ones who turned our military into an international war-making machine that is sucking the monetary life from our budget...finally, during the early 21st century we had a housing market that moved real estate from family homes into a ridiculous and inflated market which allowed people to replace decent salaries with an unlimited credit line..once it crashed it had no place else to go except down...smh. Let's  try Voodoo .
President Obama said today he's concerned about last month's slow job growth, but he's not concerned about the economy sinking into another technical recession. "I'm not concerned about a double-dip recession," Mr. Obama said at a joint press conference at the White House with German Chancellor Angela Merkel. "I am concerned the recovery we're on is not producing jobs as quickly as I'd like."
A new Washington Post-ABC News poll shows that nearly six in 10 Americans believe the economy hasn't yet recovered from the recession.The president said job creation is at the top of his mind every day and that his administration has taken steps that have already helped, such as the payroll tax cut instituted.
In order to deal with more long-term competitive challenges, he said, Washington will have to invest in areas like energy and education, reform the tax system and get a handle on the national debt and deficit "in a way that's balanced and sensible." "We are on the path to recovery, but it's got to accelerate," Mr. Obama said.
 Obama has not a lot of time to jump on the wagon to create jobs ,  18 months is not a enough time on something he should of started FOUR YEARS AGO . "If 54,000 new jobs is the new standard, it's going to be a very, very rough 2012 for President Obama," Carville said on the Don Imus radio show, as simulcast on the Fox Business Network and reported by The Hill.    Job creation involves real "Socialism"  not a new  Economic stimulus " . Socialism is a BAD WORD . Obama has neither the guts to do it , The dismal  9.1  % unemployment on the national level only misses the point on  government intervention to prevent a national  disaster in 2012 .“This jobs report which would be weak in any economy comes at a particularly devastating time, when the labor market remains 6.9 million payroll jobs below where it was at the official start of the recession three years and five months ago,” Heidi Shierholz of the Economic Policy Institute said in her report on the data for May. There should have been a government program on job creation . It takes more than just money to do it , and then too sit back and wait to see if any government money in the long run pays for job creation . The showdown is just around the corner .
Enter Charles Krauthammer . Who Warned  thus:
 The Republicans swept November's midterm election by making it highly ideological, a referendum on two years of hyper-liberalism - of arrogant, overreaching, intrusive government drowning in debt and running deficits of $1.5 trillion annually. It's not complicated. To govern left in a center-right country where four out of five citizens are non liberal is a prescription for electoral defeat.


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