Unemployment Up and as Obama Walks On Water, Millions of Americans Remain Under Water

Bookmark and Share The last jobs report to come out before the election shows that after a too small for comfort drop in the unemployment rate last month, this month it is back up. to 7.9% and the real unemployment rate is at 14.6%.  This officially makes this the slowest recovery from any recession in our nation’s history.

No matter how one looks at it, the Obama economic policies are not working.  The President has tried to claim that we are moving in the right direction, but this latest report makes that claim as ludicrous as his claim that he knew nothing about what was going on in Benghazi.

Beyond President Obama’s policies though are the reality we are facing.

These latest jobs reports do not reflect the loss of jobs and wages that have taken place since the beginning of the week when Hurricane Sandy decimated many parts of the North East.  Admittedly President Obama had nothing to do with the still unfolding economic effects of Hurricane Sandy, but when that natural disaster is combined with the cumulative effects of the disastrous Obama economic policies, we find ourselves facing depressing conditions for millions of Americans who are finding things in America getting worse, not better.

For liberals, Barack Obama was once hailed as a messianic political figure who practically walked on water.  Four years later, our nation remains under water.  Recently he visited storm ravaged New Jersey in an attempt to “act” presidential and show us that he was here for us.  As a New Jersey resident, I am still trying to figure out what good that PR stunt did for my fellow suffering New Jerseyans.  And as we try to figure that one out, we get these latest jobless figures and are left wondering what possible good this President has done for our nation and its economy during the last four years.

America has not reelected a President who commanded over unemployment as high as the ones we currently have since President Franklin Delano Roosevelt during the Great Depression.   History could of course repeat itself on November 6th, but given the dismal record of this President, Americans must ask themselves this.  Is there any reason to prolong the depressing economic condition that President Obama is putting us through with his big government, tax and spend, deficit busting policies?

The answer is no.  After four years it is clear that not only does President Obama not walk on water, the liberal emperor that he is, has no clothes and under his economic policies, Americans can’t afford to buy their own clothes.  Like Hurricane Sandy, President obama needs to go…. quickly

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Romney needs to call Obama’s Bluffet….

 

We know that the Bluffet, sorry Buffet, rule is a motif for President’s class warfare, and more warning shots will be fired when Congress returns today from a two-week recess to a test vote on the rule, which would impose a minimum 30 percent tax rate on income over $1 million. The Bluffett tax targets wealthier Americans’ investments rather than salaries.

Today is the day when this issue of class warfare kicks off for November in earnest, now that we know it will be Romney for the GOP and Congress gets to have a say on the matter.

President Obama, who pays less tax than HIS secretary (he filed tax returns showing he paid an effective tax rate of 20.5 percent on income of about $800,000 in 2011) says the government needs the revenue from the Bluffett rule, estimated at $47 billion over 10 years, to cover “a broad range of goals.” He also says “This is not just about fairness.” Well, he got that right, it is very unfair, but not in the simplistic moralistic way he is peddling.

He says “This is also about growth. It’s about being able to make the investments we need to strengthen our economy and create jobs. And it’s about whether we as a country are willing to pay for those investments.” In other words, robbing Peter to pay Paul.

Fact is, do we really need government to do the investing, and where does the investment go? Into government black holes and deep pockets, rather than into businesses which create wealth. The Bluffet tax would not create wealth, it would merely enhance dependency. We would see a better rate of return on the $47 billion in business investment by the wealthy than we would from government. That is an awful lot of liquidity to take out of the markets, and I don’t see too many secretaries taking up the slack.

Of course, keeper of the Treasury keys Tim Geithner was out pushing the rule on Sunday, “Just because Republicans oppose this does not mean it’s not the right thing to do and not the right thing to push for,” he told NBC’s “Meet the Press” program. Double negatives aside, we can say that just because Democrats think it is the right thing to do doesn’t mean it even begins to make sense.

If we look at the paying side of this, we see the rich targeted for this end up paying more. Simple. But for what are they paying? Increased revenue means increased expenditure, and so the things for government to spend on expands to meet the expanded revenue. More programs, more dependency and less reward for effort. What does the payer get in return? They get little benefit, and the wealthier they are the less they need what they are paying for.

Which means the sole purpose of the Bluffet rule is twofold, increased state powers and redistribution of wealth. Conservatives who attack Romney or the rich for their wealth are playing with the same deck as Obama.

Obama says, “If you make more than $1 million every year, you should pay at least the same percentage of your income in taxes as middle-class families do… Most Americans support this idea. We just need some Republican politicians to get on board with where the country is.” Of course, Obama doesn’t have to worry too much about his investments, because after leaving office, which cannot come soon enough, he will make a ton of cash for the remainder of his days. He doesn’t have too much to worry about…The rest of us do.

Where is America’s Fighting Spirit? Ending the Malaise Presidency

These days it seems Captain America has been overpowered by MalaiseMan. President Obama is MalaiseMan. He told a fundraiser on Tuesday, October 25 that America is in decline, which is the central theme of his presidency. People are buying it too, which is what the Occupy Wall Street movement and Tea Party is a symptom of; they are two sides of a coin that says America is in decline.

More MalaiseMan than Captain America

This takes us back to the evening of July 15, 1979. Gas prices had skyrocketed, there were severe shortages and the endless economic decline seemed much longer than the lineups at gas stations. Carter preached, “In a nation that was proud of hard work, strong families, close-knit communities and our faith in God, too many of us now tend to worship self-indulgence and consumption. Human identity is no longer defined by what one does but by what one owns.”

We have heard similar malaise from President Obama. In fact, where Carter spent hours and days at Camp David in what Reagan biographer Steven Hayward tagged “the most remarkable exercise in presidential navel-gazing in American history” and delivered his message in minutes, President Obama decided in minutes and is spending days and hours preaching malaise.

It is being believed on the streets. The Hill newspaper reports that over two-thirds of voters say the United States is declining, and the next generation will be worse off, with 83 percent of voters worried about the future of the nation. Their results conclude that Americans don’t view the country’s current economic and political troubles as temporary; they see this decline as stretching out for years.

President Obama’s policies tap into the malaise, which is why he has managed an economy of decline, failing on jobs, the deficit, healthcare, home foreclosures and rising gas prices.

However, there are signs of improvement. Economic growth in America picked up in the last quarter, showing signs of some recovery as the nation’s total output of goods and services grew at an annual rate of 2.5 percent from July to September, almost double the 1.3 percent rate in the previous quarter.

This is because the economy has its own laws of gravity: what goes down will get back up again. The economy does this, not the government. We have become so risk averse we want the nanny state to kiss us better every time the economy hurts us. The President Obama re-election campaign is one of kissing everyone better, what is the Republican message?

Ronald Reagan defeated Carter by offering Americans a vision that was so optimistic it cancelled out Carter’s pessimism. The economy will improve, and a Republican needs to get the message across that America will return to full strength with a gleam of defiance in its eye, not a tear of pity. Which candidate can do this? Which candidate can bring on Captain America to defeat MalaiseMan?

Trunkline 2012: Wednesday’s Wit and Words from the Campaign Trail

  • Mick 2012; The Republican candidate the G.O.P. is waiting for?
  • Chris Christie’s path to the presidency. ” Hard, but hardly impossible”
  • Rick Perry releases the names of 27 New Hampshire legislators who have endorsed his presidential candidacy.
  • Former Minnesota Senator Norm Coleman endorses Mitt Romney
  • Is Newt really campaigning? His team says he’s gearing up
  • Herman Cain wows voters in Florida
  • Barack Obama’s Fascist Economy
  • How the G.O.P. will nominate their candidate
  • Five presidential campaigns sign on to new advertising platform
  • What President Obama really said in his speech to a joint session of Congress proposing a jobs bill
  • While the media is only just covering the mischevious online linkage between Rick Santorum’s name and sexually explicit images and language when his name is googled, White House 2012 covered it  the story last year.  Come on MSM.  Get with the program!
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