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Sunday, September 20, 2009

Obama and Jobs

In an interview on CNN, President Obama said "I want to be clear, that probably the jobs picture is not going to improve considerably -- and it could even get a little bit worse -- over the next couple of months." My comment has to be : There you go again!

So far during the Obama presidency there has never been any month that had a net gain in the number of jobs. The true unemployment rate, which considers those who have given up looking for work as well as those who are out of work and still looking, is well in excess of 15%. Even the more limited unemployment rate which only considers those still looking for work is now closing in on 10%. Every month, the employment figures get worse and worse. And Obama says that it could get a little worse.

Does Obama think that we have all forgotten his promise when the stimulus bill was rushed through? It was an emergency to get that bill through Congress in a week because if there was any delay, unemployment would get over 8%. Obama promised, however, that the stimulus would keep unemployment below 8%. Boy was he wrong!

Of course, Obama will blame everything on Bush and point out that he inherited his problems. While the recession certainly started during Bush's term, it was Obama who promised that the stimulus would limit unemployment to 8%. So Congress agreed to spend nearly a trillion dollars to limit the recession which is now much, much worse than Obama promised it would be. No sane person could contradict that either Obama lied about unemployment and the stimulus or he did not understand the true nature of the stimulus bill. One has to wonder how a bill that gave about 8 billion dollars to ACORN could possibly keep unemployment down. Was that money supposed to be used for pimps and hookers?

So, if Obama either lied or was totally wrong with regard to the stimulus, why would anyone believe him with regard to health care? Wouldn't it be prudent to conclude that he is either lying there or else, once again, does not truly understand what he is talking about.

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