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July 8, 2011
Obama's Solution To Disastrous June Jobs Report
Topics: Political News and commentariesIt took a hefty dose of Milk of Magnesia to do it but I managed to get through Obama's comments on the June jobs report. It was about what you'd expect from this leftist ideologue ... more government spending ... and - wait for it ... you guessed it ... it's Bush's fault.
But not to worry, Obama's ready to 'roll up his sleeves' and 'get after Congress on the debt ceiling and job creation'. Ergo, problem solved ... right!
Meanwhile, back in Realityville, Victor Davis Hanson points out that the United States has tried the largest stimulus in its peacetime history, with record $5 trillion borrowing in Obama's first three years ... yet unemployment is much higher than when he entered office.
... The more he talks of stimulating the economy -- with subsidies to "green" industries, government take-over of private enterprise, massive annual deficits and federal hiring, cash for clunkers, etc. -- the less the private sector seems to hire or invest.All of which appears to be beyond the Obama administration's ability to comprehend.
Related:
The White House's Contradictory Spin on the Dismal Jobs Numbers
Obamanomics Has Failed: Hiring Down, Unemployment Rises, Nation Stagflating
Nine words that define the Obama legacy: Embolden our enemies. Undermine our friends. Diminish our country.
Posted by Richard at July 8, 2011 11:41 AM
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- Obama's Solution To Disastrous June Jobs Report - Jul 08, 2011
