Posts Tagged ‘job loss’

Obama’s Legacy

Monday, May 11th, 2009

Remember when President Obama promised the stimulus package would have an immediate effect? Well, the Associated Press reports that the counties hurting the most from job losses are actually getting the least immediate aid from the allocated funding. It’s hard to understand how hundreds of earmarks were considered more important than actually stimulating the economy.

Meanwhile, the budgeted deficit continues to grow. Now the White House is projecting a $1.8 trillion deficit for 2009 - four times the 2008 deficit.


deficit


The Obama Administration’s analysis also assumes our economy will be growing at a rate of 3.5 percent by the end of the year. The more realistic report by the Congressional Budget Office predicts that the gross domestic product will actually decline 3 percent this year, and increase only 2.9 percent next year.

Nevermind that, the Obama Administration is too busy explaining how nothing is ever their fault. But we already know that isn’t true.

The White House has also been busy publicizing that they have created 20,000 new jobs in the Pentagon. What they didn’t tell you is that they actually destroyed 11,000 private sector jobs in the process. Reuters reports:

“The remaining 11,000 new hires would come from the conversion to federal civilian slots of jobs that had been outsourced to contractors.”

Another problem is that many of the jobs created by the government are only temporary. 60,000 jobs were created for the 2010 census. In about a year these people will be jobless again, and economic data suggests unemployment will still be a huge problem at that time. But hey, that’s alright. After these workers are done skewing the census data, they’ll probably just go back to ACORN and cast votes for their new imaginary citizens.

500 MILLION Americans Will Lose Their Jobs!

Saturday, February 7th, 2009

FEAR. It’s the only apparatus that democrats have left to get their “stimulus” bill passed, especially as the general public becomes more aware of their idiotic plan. According to the latest poll, only 37% of the nation supports the stimulus package in its current form.

Now democrats have resorted to the drastic measures of making up statistics. Nancy Pelosi said “every month we do not have an economic recover package 500 MILLION Americans lose their jobs.” 500 million? As in 200 million more than the entire U.S. population? Could she have meant 500 thousand? That figure would still be inaccurate. It’s just smoke in mirrors, a scare tactic to make people support her.

President Obama is using the same tactics, saying if the bill isn’t passed now we will enter into a depression which “we may not be able to reverse.” But remember, this is coming from the same guy who said the national deficit doesn’t matter.

Apparently the Democratic Caucus agrees that the deficit doesn’t matter. They are spending $100,000 of taxpayer money on a trip to the country club this weekend…