Tag Archives: unemployment

Obamalot’s dwindling approval

Fifty-seven percent of Independents now disapprove of what he’s doing. And their votes are likely to determine the election. They certainly have a lot to be concerned about, as Sarah (yes, that Sarah) outlines:

“…a debt crisis that has us hurtling towards a Greek-style collapse, entitlement programs going bankrupt, a credit downgrade for the first time in our history, a government takeover of the health care industry that makes care more expensive and puts a rationing panel of faceless bureaucrats between you and your doctor (aka a “death panel”), $4 and $5 gas at the pump exacerbated by an anti-drilling agenda that rejects good paying energy sector jobs and makes us more dependent on dangerous foreign regimes,

“a war in Afghanistan that seems unfocused and unending, a global presidential apology tour that’s made us look feeble and ridiculous, a housing market in the tank, the longest streak of high unemployment since World War II, private-sector job creators and industry strangled by burdensome regulations and an out-of-control Obama EPA, an attack on the Constitutional protection of religious liberty,

“an attack on private industry in right-to-work states, crony capitalism run amok in an administration in bed with their favored cronies to the detriment of genuine free market capitalism, green energy pay-to-play kickbacks to Obama campaign donors, and a Justice Department still stonewalling on a bungled operation that armed violent Mexican drug lords and led to the deaths of hundreds of innocent people.”

If only that 57 percent holds until November. Probably won’t, though. I figure most of them voted for him to begin with because of the novelty, i.e., his skin color. They certainly didn’t know much about his radical preferences because big media hid it from them. And none of that has changed.

Plus big media (his court media, after all) will be banging their tin drums for him and against the Republicans just like they did in ’08. Have the Independents figured out yet what shills they are? Gad, I hope so.

What’s behind high unemployment?

Start with the rising national debt and then add 81,000 new pages of federal regulations on business. How timely. An enlightening new video puts it into perspective.

Via Instapundit.

Finally a good comparison

I’m frankly sick of the he said, she said arguments about who ran up the deficit, Barry or Bush. I thought it was Barry. Now I know it:

“Once this latest round of stimulus (in the form of expanded unemployment benefits) has gone out the door, we will have spent more trying to stimulate the economy than we spent on the Iraq war and the Afghanistan war — combined. To what end? Ten percent unemployment? A tottering recovery?”

Stimulus, my Aunt Fanny. Come on, November. Time to vote these Demwit bums and their pork wallow out to pasture. Or wherever hack, urban politicians go these days. Chicago, probably.

Via Instapundit.

Why unemployment is 10+ percent

It’s the uncertainty, stupid! The uncertainty of what our anti-business president and his yahoo party will do next. Whose taxes they will raise and so forth. In such a climate would you risk increasing your payroll? Duh.

UPDATE:  Indeed, when the Democrats discover (as if they didn’t know it all along) that taxing the rich won’t pay the freight for their programs, they’ll put the taxes on business and the middle class. They always do it, and the voters never seem to learn how this shell game works until it’s too late.

Can the depression talk

It’s no more than that. Just hysterical talk. Political talk, mainly. As VDH points out:

"Over 92% of Americans are still at work. Over 90% are still servicing their mortgage debts each month. For these, the ‘depression’ so far doesn’t mean a radical need to reinvent America. They plan to stay in their homes, even if they have negative equity in them; again, loss of equity doesn’t mean catastrophe if they don’t have to sell quickly, refinance, or remodel."

Even the 401K debacle isn’t critical for many. Mine has fallen only about twenty percent. Hardly depressive.

Recession: who’s fooling who?

The MSM is fooling you. Or trying to. The economy, they’re all saying, is in a tailspin headed for recession. Got to elect a Democrat to save the day. Harrumph. There hasn’t been one negative growth quarter yet, let alone two, which used to be the definition of a recession. Ah, but unemployment has ticked up to 5.1 percent, you say. Or, rather, the MSM, er, wails. Hey, guess what, unemployment was 5.4 percent in 1996 when Bad Bill got re-elected on what the MSM then was calling a soaring economy.

Via Power Line and Works and Days

UPDATE: Well, now. Even the presumptive Republican nominee is getting into the act. Says he doesn’t care what the precise definition is. Oh, good. Let’s just do away with definitions, then.