Posts Tagged ‘150000 jobs’

Obama And Unemployment: Just So You Know How Pathetically Incompetent Dear Leader Is

June 8, 2009

Think back to February when Barack Hussein was frightening America with terrifying predictions unless we passed his porkulus package.  Obama repeatedly compared the economy to the Great Depression even though any student of history would know that the current economy was and is far more like the one Reagan inherited in 1981 than anything from the 1930s.

Obama said:

Because each day we wait to begin the work of turning our economy around, more people lose their jobs, their savings and their homes. And if nothing is done, this recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits. Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse.

Obama said:

For every day we wait or point fingers or drag our feet, more Americans will lose their jobs,” Obama said at a speech in Fairfax, Virginia. on Jan. 8

At the time Obama was fearmongering audiences in Fairfax, the unemployment rate was 7.2 percent.  Obama claimed in that speech that the country would face double-digit unemployment without the stimulus package even though the Congressional Budget Office forecast was slightly lower: 9 percent unemployment by 2010.

And the politics of fear worked.  Obama – who had promised an “end to the petty grievances and false promises, the recriminations and worn-out dogmas, that for far too long have strangled our politics” – passed a stimulus bill which completely shut out Republicans, and rushed it through Congress so quickly no one was even allowed to read it.

Obama promised that his stimulus would “save or create” 3.5 million jobs.  Aside from the simple fact that “save or create” is nothing more than a cheap marketing sleight of hand gimmick that neither Bush or Clinton were allowed to get away with, Obama also promised something that is now easy to disprove: his administration assured America that the economic stimulus would prevent unemployment from rising above 8 percent.”

There were 1.6 million more jobs the day the stimulus bill passed than there are today.  And we saw a laughable White House response in the form of a bogus and unsubstantiated claim that they had “created or saved” just 150,000 jobs! To make it even more laughable, some of the jobs that Barrack Obama had heralded as “saved” – including private sector jobs at Caterpillar and government sector jobs at the Columbus, Ohio police department – are being wiped out.

You can read for yourself what Republicans like Paul Ryan said on February 14 as the stimulus passed:

With the stimulus bill now becoming law, we’re digging even deeper into debt. The headline price tag of $787 billion doesn’t include the extra $348 billion it will take to finance the new debt, or what it will cost when Congress extends the spending programs in the bill, as is likely — as much as $2 trillion more. Add in the billions that are being used to prop up the financial system, and when the dust settles on 2009, with millions of baby boomers retiring and entitlement spending exploding, taxpayers will face a financial nightmare.

Rep. Ryan was being too kind: the actual cost of the stimulus, according to the Congressional Budget Office, will be $3.27 trillion.

The stimulus isn’t producing jobs that can be documented, and a major study by the Associated Press revealed that the money isn’t going to the counties and states that need it most.

The media – who have been propagandists for this president since he began his campaign – managed to focus on “good news” about the fact that the unemployment has now risen to 9.4% – which is significantly higher than the unemployment figure the Congressional Budget Office anticipated over the course of a year had we done nothing at all.  And it is MASSIVELY higher than the Obama administration promise “that the economic stimulus would prevent unemployment from rising above 8 percent.”

Let that sink in for a moment: OBAMA COMPLETELY BLEW IT ON THE ECONOMY.  His stimulus has done more to harm the economy than help it by the official government numbers.  Just as conservatives predicted all along!!!

The media have done everything they possibly could for Obama.  From Newsweek (hardly a conservative source):

The Obama infatuation is a great unreported story of our time. Has any recent president basked in so much favorable media coverage? Well, maybe John Kennedy for a moment, but no president since. On the whole, this is not healthy for America. […]

Obama has inspired a collective fawning. What started in the campaign (the chief victim was Hillary Clinton, not John McCain) has continued, as a study by the Pew Research Center’s Project for Excellence in Journalism shows. It concludes: “President Barack Obama has enjoyed substantially more positive media coverage than either Bill Clinton or George W. Bush during their first months in the White House.”

Barack Obama – both in terms of liberal ideology shared by the media, and the need to protect a president who represents big government bureaucracy – has been deemed too big to fail by the media establishment.

And thus they have offered him one rhetorical bailout after another from the very get-go.

Realize that this fawning media coverage has occurred during the very time that Obama has implemented one bailout after another that the public despised.  For instance:

A new poll shows that a full 67 percent of U.S. voters oppose the Obama administration’s plan to bail out General Motors with nearly $50 billion – and 51 percent of all Americans say they would rather buy a car from Ford because it did not take a government bailout.

In a statement, the White House announced today that the U.S. Treasury will provide approximately $30.1 billion to GM through an expedited chapter 11 proceeding and transition the new GM through its restructuring plan.

Just so you know, fewer than 37% of Americans approved of the stimulus plan Obama forced through Congress in February.  Yet the media continued to run one fawning “Isn’t he just wonderful?” piece after another.

The stimulus has failedIt’s not merely the fact that only 3% of the stimulus funds have been spent so far, which is EXACTLY what Republicans predicted would happen as one of their objections to it.  It’s not even that the stimulus has been filled with socialist pork barrel waste to pay off politically-connected liberals, which Republicans also predicted.  Ultimately, the stimulus has failed for the very same reasons that Americans despise the GM bailouts: because it depends on the morally and factually-depraved economic theory that the government can spend your money more wisely than you can.

How many jobs would the American people have been able to create had they had the $50 billion that Obama threw at GM?  More importantly, how many jobs would the American people have been able to create had they had the $3.27 trillion of the porkulus bill?

Sadly, what we’re left with are Barack Obama’s politically ginned-up “saved” jobs.

Commissioner Keith Hall of the US Bureau of Labor Statistics is on the official record saying there is no way to verify Obama’s “saved job” claims (here is video of him acknowledging that very fact).  Thus the Obama administration is free to simply pull numbers out of thin air and claim the success of their policies.

Obama is now promising that 600,000 jobs will be “saved or created.” Don’t believe him.  He is already a documented liar on this very subject.  He is deliberately using statistical gibberish that is designed to allow him to conceal the truth from the American people, and it is in his political interest to continue lying.

If you’ve lost your job, just realize that your president is far more interested in playing games with statistics than he is in actually doing something that will help you find meaningful employment.

The president is a slick-talking incompetent fool.  And the longer it takes for the American people to realize it, the worse it will be for us.

Obama Reveals His Porkulus Was Bogus In His Own Bogus Claims

May 29, 2009

Pardon my language, but the Obama stimulus bill was crap.  It hasn’t produced squat.  It was a gigantic $3.27 trillion socialist spending giveaway that has rightly been called “the Generational Theft Act of 2009.”

First we had Barack Obama, then Joe Biden, falsely claiming that they had the porkulus plan had created or “saved” 150,000 jobs.  There is no proof that any such number of jobs have been created (the figure is actually merely an estimate of what Obama’s own economic advisers say they think the stimulus bill is doing, and not based on any evidence whatsoever of its actual effects).  And for what it’s worth, I can claim that I “saved” 150,000 jobs – and you just try to prove that I didn’t.

Any rational human being has to mock Obama for claiming he “created or saved” jobs.  The national media would NEVER have allowed George Bush to get away with such pinheaded partisan polemics.  By contrast, the mainstream media wouldn’t even allow Bush to claim he kept America safe in spite of the obvious fact that he clearly did.  Even five years after 9/11, fully two-thirds of New Yorkers said they were still “very concerned” about another terrorist attack on the cityEverybody thought we’d be attacked by terrorists again.  Bush kept the American people safe by carrying the fight to the enemy on foreign soil.  Yet the media that has blithely allowed Obama to claim he “saved” jobs has bitterly resisted allowing Bush to claim he “saved” lives.

Obama’s arguments that the stimulus worked have increasingly come to sound like Hitler’s claims that the invasion of the Soviet Union worked.

Among other problems is the fact that only 3% of the stimulus funds have been actually spent so far, which precludes it as a factor in any discussion of “economic recovery.”  Particularly when the states and regions that were hardest hit by the bad economic conditions didn’t even get any money.  And please don’t forget that conservative predicted that the funds wouldn’t go out fast enough to make any difference in any short-term economic recovery, and complained that the people weren’t given enough time to pass a better bill.  Congressional Democrats didn’t even read the bill that they rushed through the process.

Obama’s own rhetoric proves how terribly flawed his arguments and ideas were.

Obama promised Caterpillar workers in Peoria, Illinois that laid-off workers would be rehired if his “Death to America Act” (aka his stimulus bill) passed.   Not only was that a complete fabrication, but 2,400 additional workers have been laid off since the passage of porkulus.

But now there’s an even BIGGER bogus ‘Bama baloney claim that has been utterly refuted by actual reality.  In a March 7 speech in Columbus, Ohio, Obama said the following:

Now there were those — there were those who argued that our recovery plan was unwise and unnecessary. They opposed the very notion that government has a role in ending the cycle of job loss at the heart of this recession. There are those who believe that all we can do is repeat the very same policies that led us here in the first place. […]

So for those who still doubt the wisdom of our recovery plan, I ask them to talk to the teachers who are still able to teach our children because we passed this plan. I ask them to talk to the nurses who are still able to care for our sick, and the firefighters and first responders who will still be able to keep our communities safe. I ask them to come to Ohio and meet the 25 men and women who will soon be protecting the streets of Columbus because we passed this plan. (Applause.) I look at these young men and women, I look into their eyes and I see their badges today and I know we did the right thing.

These jobs and the jobs of so many other police officers and teachers and firefighters all across Ohio will now be saved because of this recovery plan -– a plan that will also create jobs in every corner of this state. Last week, we announced that Ohio would receive $128 million that will put people to work renovating and rebuilding affordable housing. (Applause.) On Tuesday — on Tuesday I announced that we’d be sending another $935 million to Ohio that will create jobs rebuilding our roads, our bridges, and our highways. (Applause.) And yesterday, Vice President Biden announced $180 million for this state that will go towards expanding mass transit and buying fuel-efficient buses -– money that will be putting people to work, getting people to work. (Applause.)

Altogether, this recovery plan will save and create over three and a half million American jobs over the next two years.

Well, what has happened since the applause lines?  What has happened since the Teleprompter of the United States was packed up and hauled away?

The AP article covering the event noted that Obama “suggested that critics talk to 25 police recruits in Ohio’s capital city who owe their jobs to stimulus spending and ‘talk to the teachers who are still able to teach our children because we passed this plan.’”  It also described how “Obama touted the 114th police recruit class as proof that the stimulus plan, which drew scant Republican support in Congress, is paying dividends.”

That article also presented the Republican prediction that the stimulus would be a failure, and why it would be a failure.  The very last sentence in the article says:

Breann Gonzalez, a spokeswoman for Rep. Pat Tiberi, one of eight Ohio Republicans who voted against the stimulus, noted that the money that saved the recruits’ jobs will run out next year. [Columbus Mayor] Coleman hasn’t said how he’ll pay the officers’ salaries after that.

Look what has happened since:

Without tax increase, 300 police officers to be laid off
By Robert Vitale  May 26, 2009   THE COLUMBUS DISPATCH

Nearly 300 Columbus police officers – 17 percent of the force – will be laid off next year if voters don’t approve an income-tax increase on Aug. 4, Columbus Police Chief Walter Distelzweig said this morning.

“If we receive additional revenue, these cuts would not be made,” Distelzweig said.

The 2010 budget plan he unveiled this morning is based on revenue projections without the proposed tax increase. The Police Division would shrink by 324 officers, with 297 layoffs and 27 retirements, according to the chief.

If the cuts happen, the division would have fewer officers than in any year since 1993. Columbus had 91,000 fewer residents then.

Potential layoffs would affect the 25 recruits whose class was saved by federal stimulus money this year. Officers hired during the past four years likely would lose their jobs, Distelzweig said.

And I’d be willing to bet the jobs of all the firefighters and nurses and teachers Obama talked all that smack about are in the same boat.

In other words, Obama created 25 jobs and saved about 300 others – until they were told to expect their pink slips less than 3 months later.  And it only cost $3.27 trillion dollars.  There’s your tax dollars at work.

How is it that jobs that have already been “saved” by Obama’s gargantuan stimulus plan now have to be “saved” again by a massive state tax increase?

About the only jobs that are being created by porkulus seem to be making the road signs that falsely advertise currently nonexistent construction projects.

We’ve also learned the poor are getting poorer under Obama’s “stimulus.”

Obama’s stimulus was based on bogus and failed economic theory that won’t work.  The President of the European Union has called Obama’s plan “the road to hell” and argued that it will undermine the stability of the global financial market.”  China’s Director General of the Chinese Banking Regulatory Commission has expressed fear that Obama would
devalue not only your [US] currency but the currencies throughout the world.”  Russian Prime Minister Vladimir Putin warned Obama about his country’s own failed experiment with socialism and urged against “excessive intervention in economic activity and blind faith in the state’s omnipotence.” And “analysts are increasingly concerned about the Treasury’s ability to fund costly economic rescue measures that are expected to drive this year’s budget deficit to $1.75 trillion.”

Don’t take my word for it that the stimulus was the gargantuan fraud that Republicans claimed it would be; just look at what Obama promised would happen, versus what actually HAS happened.

Biden Falsely Claims 150,000 Jobs Created By Stimulus: And Never Mind Those 2.6 Million Jobs LOST

May 20, 2009

The man who assured us “J-O-B-S” was a “three-letter word” is now telling us how many jobs his caretaker Barack Obama’s (I watched the men in the white coats signing Joe Biden over to Barack Obama’s custody on C-SPAN) stimulus has created: 150,000.

“In the first 77 days of the two-year Recovery Act program, 150,000 jobs have been created or saved,” Biden said in a press release accompanying the report.

But when a few reporters tried to actually FIND those 150,000 jobs, they didn’t have any luck.  It turns out to have been a hopeless project, like trying to find Barack Obama’s honesty or Joe Biden’s common sense.

The progress report on the stimulus plan released last week by the vice president’s office contained no such figure, nor did it reference any other document that might corroborate Biden’s claim.

I have my own theory where Joe Biden is keeping those 150,000 jobs:  in a bunker at a undisclosed top-secret undisclosed location.  You know, the one that’s at the Navel Observatory.  At the big house at One Observatory Circle…

Biden_Ruprecht

… and you’d better just keep the cork on Biden’s fork, Barry Hussein.  Because you’re responsible for him now.

The CNS News article on the faux-jobs story (“Biden Claims Stimulus Spending Has Created 150,000 Jobs, But That Isn’t Backed Up by His Own Report“) concludes by asking:

So where did the numbers come from?

Tad DeHaven, a budget analyst with the libertarian Cato Institute, told CNSNews.com that the numbers were derived from a formula that would tell the administration “whatever it wanted to hear.”

“Where do you even start with this nonsense?” DeHaven asked. “This is just a political number, but I’ll leave it to him (Biden) to proclaim it a gospel truth.”

DeHaven added: “They try to make this look scientific and it’s not. It’s just politics. There’s not a lot of science to it, although they dress it up that way.”

The administration that praised itself up one side and down the other as being the most open, the most honest, the most transparent in history, pumping pig poop by the metric ton?  Say it aint so, Joe!!!

Another article entitled “FACT CHECK: Data belie Biden stimulus anecdotes” has this:

THE WHITE HOUSE SAID: The stimulus has created or saved 150,000 jobs.

THE FACTS: Since February, the nation has lost more than 1.3 million jobs, according to the Department of Labor. To make the case that the country created jobs over that same stretch, the White House has put forward a benchmark of jobs created “or saved.” The argument is that the job numbers would have been even worse had it not been for the stimulus, and the difference between those numbers is a net positive.

To visualize that disconnect, consider this: The administration has promised to create or save 600,000 more jobs in the next 100 days. Even if the nation loses another 5 million jobs during that span (a highly unlikely prospect) the White House could still claim success.

There are few hard numbers when it comes to tracking stimulus jobs. The Obama administration numbers are based on estimates by the White House Council of Economic Advisers, based largely on a formula Obama’s transition team put forward. It estimates the effect of tax breaks, government spending and social programs on job growth.

Well, don’t look over there at those 1.3 million jobs we’ve lost!  That’s nothing!  Look over here, at the pretend 150,000 jobs we created!

Mr. “Open, honest, transparent” Obama could literally say ANYTHING about how many jobs he’s created, and there’s no way to verify anything after his wonderful “checks and balances.”  And that is on top of the fact that he’s invented this meaningless new category called “saved” jobs.

I “save” a bunch of jobs every time I flush my toilet.  Do I get to claim credit?

In spite of the massive spending, there’s actually very little real evidence that the stimulus has created much of ANYTHING.  According to a major Associated Press study, the “Poor Remain Poor Under Obama Stimulus.”  We shouldn’t be surprised, given the fact that stimulus plans are based on deeply flawed economic theory and rarely ever work.  Obama’s promise to create or “save” millions of jobs was basically a big load of iron pyrite from the start.  But it’s still astonishing that so much money – $3.27 trillion when it’s all  said and done – could have been so completely wasted.

Michelle Malkin’s blog offered one intriguing theory for what happend to all the stimulus money: it’s been spent on millions of road signs to plant in front of pseudo-construction projects as a frinedly propagandist way of saying, “Don’t forget to keep voting Democrat!  We’re pissing your children’s money away so they won’t have to!”

Unemployment has increased from 7.2% as of January 22 to 8.9% as of April 2009.  Obama has lost 2.055 million jobs just between January and March, according to the AP.  And you can add another 539,000 jobs lost in April.  That’s 2.6 million jobs gone the way of the Dodo bird, with 1.3 million lost since Obama’s stimulus.

Obama assured Caterpillar workers in Peoria that passing his stimulus would result in laid off workers being rehired.  Not only was he wrong, but the company laid off another 2,400 workers after porkulus passed.

And Biden is talking smack about 150,000 phantom jobs created by the stimulus?  Jobs he can’t verify even with his own bogus administration’s bogus math?

Joe-Biden_Cant-shut-up