Obama Administration Admits It Will Leave Unemployment Higher Than It Found It

Get ready for three more years of blaming Bush.

It was George Bush’s fault that Obama lost more jobs than any president in any year since records began being kept in 1940, of course.  Everyone who takes their propaganda seriously knows that.

And it will ALWAYS be George Bush’s fault.  George Bush is Obama’s Emmanuel Goldstein – the scapegoat that Big Brother eternally blames for all the woes of Oceania.

From ABC:

At a subsequent briefing with reporters, Christina Romer said that the administration believes the unemployment rate will continue to hover around 10-percent throughout 2010.  She projects that 2010 will end with the unemployment rate at 9.8%, 2011 at 8.9% and 2012 at 7.9%.

Christina Romer, who heads Obama’s Council of Economic Advisers, forecasts that unemployment will be at 7.9% by the end of Obama’s term in 2012.  The thing is, it was 7.6% when he took office from George Bush.

So the people who assured us that unemployment would never get over 8% if their pork-laden liberal slush fund otherwise known as the American Recovery and Reinvestment Act of 2009 was passed are now forecasting that they might actually get unemployment below what they said it wouldn’t ever get to by the end of Obama’s presidency.

And that, of course, is looking on the very, very bright side.

Both the Congressional Budget Office and  Goldman Sachs predict that unemployment will be considerably worse than the Obama administration figures.

The Obama administration continued to pimp its porkulus and – use utterly bogus methodology and utter bogus statistics to do so – even long after the lie became obvious.  A year after using the purely invented criteria of “created or saved jobs,” and after being caught again and again creating phony job numbers complete with phony zip codes and phony congressional districts, the Obama administration finally said that it would abandon its “controversial method of counting jobs” (to quote the AP).  But that was just another lie: they went right back to rolling in their own feces again.

The White House’s “created or saved” job numbers are so pulled-out-of-thin-air that three different Obama officials actually gave three different bogus “created jobs” numbers on the very same day.

The only thing you can trust the Obama administration to do is lie to you.

And since they always lie to favor themselves and make themselves look better, you have to wonder how bad things will actually get for Obama to make such a stunning acknowledgment (that unemployment will remain higher than it was when Obama took office throughout his entire presidency).

There’s a dirty little secret about our unemployment that Obama and the lamestream media aren’t telling us.

I continue to believe that unemployment will continue to get worse in agreement with famed analyst Meredith Whitney:

Unemployment is likely to rise to 13 percent or higher and will weigh on the economy for several years, countering government efforts to stabilize the banking industry, analyst Meredith Whitney told CNBC.

I have never heard the kind of demagoguery and blame from any president in my lifetime that I have routinely heard from Barack Obama.  He has spread every imaginable species of bull crap to explain his failures.

Now that we find out that – by Obama’s very own numbers – his unemployment rate will continue to remain higher than it was than when he assumed the presidency from George Bush,  we can safely assume that blame, excuses, and demagoguery will be the constant pattern for the final three years of Obama’s failed presidency.

About these ads

Tags: , , , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


Follow

Get every new post delivered to your Inbox.

Join 517 other followers

%d bloggers like this: