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November 10, 2009

It's still the economy, stupid!

Topics: Political News and commentaries

Ralph R. Reiland notes that what the Democrats should have learned from their losses last Tuesday is that the advice given by political strategist James Carville to candidate Bill Clinton in the 1992 presidential campaign is still valid -- "It's the economy, stupid":

More specifically, what hurt Democrats at the polls is the lack of new jobs and the flood of red ink -- plus the doctor-bashing as a strategy to enact Obamacare, the push to cancel a worker's right to a secret ballot during unionization drives, the promise of skyrocketing utility rates via cap-and-trade mandates, and the prospect of higher taxes, more regulations and less liberty by way of an ever-increasing intrusion by government into every aspect of our lives.

And it didn't help to have one after another of those commie czars pop up in the West Wing. Each time a new pinko was unearthed, I couldn't help thinking of that Wack-a-Mole game on the boardwalk where you try to smash mechanical moles as hard and quickly as possible with oversized mallets as they pop up from their holes.

As Reiland goes on to point out, even if one were to buy-in to the dodgy language of "saved" jobs in the definition of job creation, the White House not only (purposefully) made it impossible to get an accurate "measure of the administration's strategy to expand employment, it meant a price tag of $248,000 per job - 5 times the median annual earnings for men in the American economy who are working full-time, year-round, and over 7 times the median annual earnings for women who are working full-time, year-round.

And we taxpayers are footing the bill through higher taxation and greatly increased debt. That's Obamanomics at work.

Posted by Richard at November 10, 2009 6:43 AM



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