Friday, October 8, 2010

President Obama: Badly Mistaken (at Best)

"Yes, the trend line in private-sector job growth is moving in the right direction. But I'm not interested in trends or figures as much as I am interested in the people behind them,"
-President Obama, today.

The right direction? Well, remember he is a leftist. To him, the right is wrong, so the economy moving in the right direction is a bad thing. Or something. Oh, but can't he read that teleprompter well, Gladys!

The right direction then is apparently straight sideways . . . unless you count how it's worse than we said for the past year.

Down. It is going down. Unemployment is only holding steady because the official numbers stop counting you when you run out of unemployment benefits and still can't find a job. If it weren't for the transfer payments and "benefits" the government gives out these days, the 1930s would be looking like a relative cake walk right now. Those of us who are paying attention still put high odds on a double dip in the ongoing depression.

Of course, if you WANT a double-dip, you can always go ahead and vote Democrat this November . . .

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This quote from the President is quite telling, if you will consider it. It explains why he was very quick to dismiss the lack of revenues we would see after he raises the capital gains tax - because raising the tax is fair. He has what you might call a "different" idea of fairness. I call treating everyone equally "fair." As it turns out, according to the best-funded and most in-depth economic research, treating everyone fairly also brings economic prosperity. Who'd'a thunk it?

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