Posts Tagged ‘million jobs’

Where Are The Jobs, Obama You Liar???

February 20, 2012

What should you call a president who falsely keeps claiming that he’s created millions of jobs when in reality he’s annihilated more than EIGHT MILLION JOBS since taking office???

I call him a liar.

Barack Obama is a pure, distilled liar.  When I heard those Jeremiah Wright sermons, and understood that Barack Obama had spent more than twenty years voluntarily submitting himself and his family to a toxic church under a racist, un-American, Marxist preacher, I KNEW that Barack Obama was a truly evil man.  I had a vision of America uner this wicked man – and it looked like our present state.

Thirteen million Americans are now out of work and simply not being counted.  Well under 2/3rds of the potential American labor force that ought to have jobs are working.  Or, to put it another way, more than a THIRD of the American workforce has been completely shut out of the work force under this presidency and the “leadership” of a Democrat Party that hasn’t even bothered to write a budget in 1,024 days.

Where are the jobs?
Bob Beauprez

Three years ago yesterday Barack Obama signed his $800 billion Stimulus into law in Denver, Colorado.

He said would save or create 4 million jobs and that the unemployment rate would be below 6% by now. He failed.

Obama’s spending didn’t stop with the Stimulus of course. In fact he’s piled up more than $4 trillion of new debt during his first three years with more than a trillion of additional red ink expected this year.

Still the question remains, where are the jobs? Today more than 13 million Americans that want a job can’t find one. Another 4 million Americans have given up even trying to find work. Five million jobs lost in the recession have yet to return. This has already been the deepest and longest lasting recession since the Great Depression. Barack Obama squandered trillions of dollars and American’s still wonder, “Where are the jobs?” he promised.

The following graph is courtesy of the House Republican Study Committee (RSC). It charts the steep decline of the Labor Participation Rate (LPR) from January 2005 to the present. The LPR represents the number of people employed or looking for a job out of the total age-eligible workforce. It is an indication of the confidence level in the state of the economy. It’s not a very encouraging picture, and yet another serious indictment of the failed policies and wasteful spending of this Administration.

From the Republican Study Group:

Democrats said their costly plan ($1.2 trillion, including interest) would “save or create” up to 4 million jobs and bring the unemployment rate down to about 6% today. The unemployment rate has not fallen below 8% at any point in the last 36 months. Furthermore, the official unemployment rate does not actually count unemployed people who have given up looking for work.

The above chart shows the “labor force participation rate.” This statistic represents the share of working-age Americans who are either employed or unemployed but looking for work. It is not a pretty picture. Only 63.7% of working-age Americans are currently in the workforce – the lowest in almost 29 years!

To put it another way, 36.3% of working-age Americans do not have a job and are not even looking.

Here’s another sobering chart that comes to the same conclusion.  Only it also points out that Obama has actually manufactured a jobs holocaust by destroying EIGHT MILLION JOBS:

CBO Director Douglas Elmendorf acknowledged Obama’s destruction of jobs:

That prompted this exchange between Rep. Tom McClintock, R-Calif., and the CBO director. “Let me ask you, are there more people working today or fewer people working today than at the — on inauguration day of 2009?” McClintock asked.

“I believe the answer to that,” said Elmendorf, “is there are fewer people, congressman.”

Here’s the bottom line of the Obama economy:

Even Ezra Klein states that if the same labor force participation rate applied from the Bush years, the actual Obama unemployment rate would be at 11 percent. James Pethokoukis of Reuters calculated it at 11.3 percent. And Tyler Durden using the most recent data calculates it at 11.4%.

It’s an economy for people who love living off the government tit while working Americans struggle more and more to deal with the consequences of staggering government debt.  It’s an economy for people who frankly despise America and believe it should be just one more mediocre country among all the other mediocre countries.

The real unemployment rate, according to Gallup, is over NINETEEN PERCENT.

Oh, and one other thing: after creating permanent unemployment over the Republicans’ repeated objection, Obama has created a permanently unemployed and unemployable “worker” who is now filing for disability to further weaken our collapsing Social Security system even as Obama used political demagoguery to seize another $100 billion from a system that is teatering on the verge of bankruptcy.

Obama’s only talent is blaming Bush and demonizing Republicans for everything that he’s been responsible for over the last three years and change.  We’re going down hard under this failed president’s “leadership”; and we deserve to fail until we refuse to tolerate him for one more day and force him out of office.

The Worm Is Beginning To Turn On ObamaCare

January 21, 2011

Things are rapidly getting out of hand for ObamaCare.

The House just voted to repeal it with a bipartisan vote of 245-189 (with three Democrats joining all the Republicans).

For the record, the vote in favor of repealing ObamaCare was far higher than the vote to pass the damn thing (219 – barely above the minimum necessary for passage).

26 states are now officially on board with Florida to challenge ObamaCare in federal court.  The Florida State Attorney General said last night on Fox News’ “Greta” program that 2 more states have promised that they will be on board, and she has been in talks with several other states.

More than half the states now want ObamaCare tossed into the trash where it belongs.

Democrats and the mainstream media have routinely sneered about what a useless and time-wasting “symbolic” gesture this vote was.  One can only wonder: during the dark and dreadful reign of Nancy Pelosi and the Democrat majority during the last two years, more than 400 bills were passed that were not taken up in the Senate.  And that was during a period in which Democrats RAN the Senate.  Did the Democrats and the mainstream media come unglued over those “time wasting gestures”????  I don’t think so.

Americans for Tax Reform has compiled a long list of new tax hikes that ObamaCare is burdening the US economy with – in direct contradiction to Obama’s incredibly deceitful promise that “your taxes won’t go up one dime.”

These taxes include:

  1. Individual Mandate Excise Tax
  2. Employer Mandate Tax
  3. Surtax on Investment Income
  4. Excise Tax on Comprehensive Health Insurance Plans
  5. Hike in Medicare Payroll Tax
  6. Medicine Cabinet Tax
  7. HSA Withdrawal Tax Hike
  8. Flexible Spending Account Cap – aka“Special Needs Kids Tax”
  9. Tax on Medical Device Manufacturers
  10. Raise “Haircut” for Medical Itemized Deduction from 7.5% to 10% of AGI
  11. Tax on Indoor Tanning Services
  12. Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D
  13. Blue Cross/Blue Shield Tax Hike
  14. Excise Tax on Charitable Hospitals
  15. Tax on Innovator Drug Companies
  16. Tax on Health Insurers
  17. $500,000 Annual Executive Compensation Limit for Health Insurance Executives
  18. Employer Reporting of Insurance on W-2
  19. Corporate 1099-MISC Information Reporting
  20. “Black liquor” tax hike
  21. Codification of the “economic substance doctrine”

And new studies are demonstrating that ObamaCare is a job murderer:

Congressional Budget Office (CBO) Director Douglas Elmendorf recently spoke at the University of Southern California about the economic impact of Obamacare. He predicts that Obamacare will further depress the nation’s employment picture.

CBO’s analysis of Obamacare predicts that it will reduce the amount of labor being used in the economy by roughly half a percent. Elmendorf states that this impact will be small, but in reality the impact is small only in relative terms. For instance, a half-percent loss in jobs in the American economy today would translate into about 750,000 additional Americans losing work.

And the NFIB estimate is even more dismal:

Just as serious for the economy is the fact that Obamacare will cause significant job losses for the U.S. economy. A study by the National Federation of Independent Businesses (NFIB) found that the employer mandate  could lead to the elimination of 1.6 million jobs between 2009 and 2014, with 66 percent of those coming from small businesses.

And the Democrats loaded up ObamaCare with so many faulty assumptions that the actual numbers of jobs destroyed will undoubtedly be worse.

Democrats played all kinds of gimmicks to get a CBO score that created the illusion that ObamaCare will reduce the deficit.  Because Democrats in office agree with fellow liberal Bill Maher’s take on the American people:

“Or take the health care debate we’re presently having: members of Congress have recessed now so they can go home and “listen to their constituents.” An urge they should resist because their constituents don’t know anything.”

But even “stupid” people are smart enough to know that claiming that ObamaCare will ADD 35 million people to the health care rolls and actually cost LESS MONEY is itself a stupid claim.  They may not understand just how despicably deceitful Democrats were in manufacturing the numbers to get the CBO score (such as taxing ten years and only giving benefits for 6 years; such as double counting savings from revenue sources such as Medicare and Social Security; such as imposing all kinds of taxes that nobody knew about when this monstrosity was passed; omitting the so-called “doctor fix”, etc.), but they know something is very wrong.

Most Americans also know what the overwhelming majority of doctors know:

Nearly two-thirds of U.S. doctors surveyed fear healthcare reform could worsen care for patients, by flooding their offices and hurting income, according to a Thomson Reuters survey released Tuesday.

The survey of more than 2,900 doctors found many predict the legislation will force them to work harder for less money.

“When asked about the quality of healthcare in the U.S. over the next five years, 65 percent of the doctors believed it would deteriorate with only 18 percent predicting it would improve,” Thomson Reuters, parent company of Reuters, said in a statement.

The worm is indeed beginning to turn on ObamaCare, indeed.

And maybe the worm is beginning to turn inside Obama’s scrawny gut, too.


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