Obama: Vote for Romney

Obama made a huge ecnomic policy speech in Ohio today.  He reiterated much of his Keynesian stump speeches from the last four years.  Then he gave a clear, unintentional endorsement of Mitt Romney.  Obama said “If you want to give the policies of the last decade another try, then you should vote for Mr. Romney”.

Obama’s self-delusional miscalculation is that he thinks things are better now than they were 6 years ago.  In fact, Democrats in the House and Senate might really want Obama to just shut up now.  Let’s consider the “polices of the last decade”.

When Pelosi/Reid took over Congress, they inherited a 4.4% unemployment rate.  At the end of 2008, it was 7.3%.  The last time unemployment was under 8% was January, 2009.

Since 2002, George W. Bush had 27 months of unemployment under 5%.  Obama had one month, his first in office, with unemployment below 8%.

The last month Republicans controlled the House and Senate, December 2006, unemployment was at 4.4%.  The last month Democrats controlled the House and Senate, December 2009, unemployment was at 9.9%.

In fact, Obama has a job growth chart that he loves to show (right up until May) that shows jobs lost and gained.  But he only shows it since 2008.  I’ve included the graph below since 2001.  Note the correlation between job growth and who controls Congress.

Was Obama talking about Bush, or Pelosi/Reid?

Obama has attempted to hit Romney on job creation by saying Romney’s state was as low as 47th in job creation.  But what Obama does not mention is that at that point Massachussetts already had 4.7% unemployment.  It would be the equivalent of saying LeBron James is short because he grew fewer inches than any fifth grader this year.

While Obama cheers an unemployment rate that has dropped to 8.2%, real unemployment remains at about 14.5%.  This rate includes people who have dropped out of the workforce and people who have taken interim under employment.

The last time the deficit was under $1 trillion was 2008.  The last time the deficit was under $500 billion was 2008.  In fact, even adjusted for inflation, you would have to add up all of Bush’s deficits going back through 2004 to equal one of Obama’s.  The last time we had a monthly budget surplus?  September, 2008.

The message from Obama was clear.  If you want 4.4% unemployment, you need to elect Mitt Romney and Republicans to the House and Senate.  If you want deficits under $500 billion per year, you need to elect Mitt Romney.  If you want unemployment at 9-10%, give Pelosi/Reid control over Congress.  If you want another four years of trillion dollar deficits and unemployment over 8%, re-elect Barack Obama. If you want the policies of the last decade when we had a record number of months of job growth, then do what Obama said.  Vote for Mr. Romney.

The Veiled Message in Clinton’s Endorsement

A highly strategic political game is being played out right before our eyes between the leader of the old-school liberal Democrats and the leader of the new-school socialist Democrats.  When Bill Clinton atoned for his sins in a New York City joint fundraiser with Obama, all I heard was “This Obama guy is no Bill Clinton”.

We got the message…

Don’t misunderstand Clinton when he calls Romney qualified and praises Romney’s business record.  Clinton is not giving up on his party affiliation.  If anything, he is trying to convert his party back to what it was before Obama.  Dick Morris is likely right when he insinuates that Clinton doesn’t want four more years of Obama.  But Clinton doesn’t necessarily want to see his party fail.  Nor does he want to lose the power and influence he has amassed for himself in the DNC.  He just wants to see Obama fail.

That is why Clinton’s endorsement was not a call to support Obama, but a veiled warning to stay home in 2012.  Clinton reminded the crowd that he is the one who gave them four balanced budgets.  Contrast that with Obama who has increased the deficit by a trillion and a half dollars every year in office, and whose wildest dreams of a budget won’t balance even ten years after he leaves office.  Every Obama budget has been voted down bi-partisanly as outlandish to both Republicans and liberal Democrats.  Nothing says “vote for the guy who’s added $6 trillion to the deficit” like an endorsement from someone who’s record is the polar opposite.  Clinton flaunting his budget record in his Obama endorsement was no mistake or gaffe.

Now, Clinton is not a deficit hawk.  He is not pro-austerity, and he certainly is not a conservative.  Anyone who has been alive long enough knows that it was Newt Gingrich who dragged Clinton kicking and screaming into those balanced budgets.  But Clinton’s perception of himself is as a non-socialist compassionate liberal who cut spending and saw it work.

Clinton cannot support Romney.  First, Clinton is not a conservative.  He opposes Romney on social issues.  He doesn’t really agree with Romney on fiscal issues.  Second, Clinton has no higher ambition at this point than to maintain what he has: his life as a Democrat celebrity.  An actual endorsement of Romney would destroy the Clinton dynasty.

But at the same time, Clinton knows what works and what doesn’t.  Even he can look at the Obama record and see what danger our country is in if the new-school socialist Democrats win.  Setting aside Clinton’s personal and racial beef with Obama, he understands what Obama’s out of control spending will do to the Democrat party’s legacy, and by extension his own, if Obama is given another four years to outspend revenues by over a trillion a year.

If Obama is smart, he will find a way to keep Bill Clinton in whatever corner of the country he has kept Joe Biden for the last four years.  However, don’t count old Slick Willy out yet.  Obama may be about to get schooled by the original campaigner-in-chief.

 

Democrats Seeking to Neutralize Romney on Economy

An Improving Economy Means Republicans Need a ‘Plan B’ To Beat Obama

This is the headline of a Morgan Korn article at the Daily Ticker, where he explains exactly what I wrote on March 2nd, when I said It’s Not About the Economy, Stupid.  So despite the high gas prices, the lower homesales in February, the still anemic job growth, the still high unemployment rate, the story the media will be touting is how the economy is recovering and we don’t need Mitt Romney.

This is all part of the Democrat strategy playing out.  First they focused on Romneycare and Obamacare, trying to take away the biggest issue of the 2012 election.  In fact, they may have succeeded.  Romney both supported an insurance mandate and allowed the legislature to turn his healthcare plan into everything Obama has been dreaming of.  The state’s rights defense may calm the fears of his supporters, but the premise behind the plan doesn’t make most conservatives feel warm and fuzzy inside.

The question you may be asking yourself right now is how Obama is going to convince everyone the economy is fine when gas hits $5 this summer.  The jokes on you.

First, Obama and the AP have done plenty of groundwork to provide Obama with scapegoats.  Greedy oil companies, speculators, even you are at fault for high gas prices.  Have you inflated your tires?  Are you still driving that old gas guzzler?  It’s odd to think that this strategy will fool anyone, especially when Obama and Chu’s stated goal was European gas prices here in America.  But Obama only has to fool enough people to get re-elected.  He can say he has vastly expanded oil drilling, in fact he does say this, and anyone who doesn’t know any better believes him.

The second thing Obama is counting on is timing and the short memories of US voters.  What happens to gas prices in October every year?  I’ll give you a couple hints.  Summer vacations are over, half the country rolls down their windows and turns off the A/C, the kids go back to school, and the price of oil drops.  When this happens, mark my words, Obama will say that it is because he has done all the things that today he is saying wouldn’t work or make a difference.

Mitt Romney has to learn how to run on small government, the constitution and social issues.  It’s the only thing the media can’t take away from him.

It’s NOT About the Economy, Stupid

Republicans are preparing to come to a rugby game in their best golf pants.

The world is different than it was in 2008 when we were caught with a war candidate going into an election that was all about the economy.  This time we have the best business man money can buy and we are about to go into an election that is all about the constitution, social issues, personal freedom, and the size of government.

Yes, I know.  Today the economy still sucks.  However, with the expanded power of the Fed and the Presidency, we are going to see just how much the President actually can affect it in the short term.  For example, leading into the 2010 election, the Fed had over $2 trillion in stock securities on their balance sheet and Wall Street was inflated.  Mainstream Media and administration spokespeople called that Obama’s summer of recovery.  Obama also ramped up federal spending and provided tons of government jobs.  Unemployment, as it is in our current “recovery”, remained mostly unmoved.  Despite all the tax hikes hidden in Obamacare, Obama said he was a tax cutter.

So why did we win big in 2010?  Social conservatives, lead by the TEA Party, made the election about deficit spending, constitutional rights, social issues, and personal freedom.

I keep hearing that only Romney can win because only Romney is focusing on the economy.  But Romney’s solutions on the economy include a redistributive tax policy that hits up the top 1% and a plan to increase the minimum wage and price low skilled labor out of the work force.  So why is Romney the economic guru who can save us?  Because he is a successful businessman.  But that won’t get voters to the polls in 2012, especially when Obama sinks another trillion dollars in imaginary money into the economy this summer to make the election about what Americans really care about: social issues.

Think about it this way.  How much more would you pay in extra taxes if it meant abortion would be made illegal?  Or legal, if that is your preference.  Democrats are willing to pay a great deal to force everyone to cover birth control and abortion pills.  I don’t think most Democrats have realized yet just how much Obamacare is going to cost them in higher insurance premiums.  The only Democrats who don’t know that Obamacare is all about social issues and government usurpation of personal freedom are still waiting for insurance rates to magically fall.  I have bad news for them.

Obama and his energy secretary have openly admitted that they want to let oil prices keep going up so that Americans will stop using oil.  I don’t know about you, but I can’t put wind, solar, coal, nuclear, ethanol, or algae in my gas tank.  And I’ve already inflated my tires.  That’s ok though because it’s not about the economy, stupid.  It’s about social issues.  It’s about greenhouse gasses and global warming and Obama is going to win on that because Romney is focusing on the economy.  Instead of fighting Obama on the social issue of whether the government should steal our freedom to protect us from made up scientific threats, Romney will be talking about how he is the best guy to grow the economy.

When the economy is artificially inflated this fall and “I’m the best candidate to grow the economy” rings hollow, what will we have left?  Don’t be fooled, Obama is already running on social issues.  Obama and his party are fighting for big government that will take care of and coddle every poor voter they can get their hands on.  What will we have?  Someone who will promise those poor coddled voters that he will provide them with the opportunity to work hard and be successful?  That’ll get the moderates to the polls.

In general, Americans oppose taxpayer funded abortion.  They oppose federally mandated gay marriage.  They oppose federally mandated funding for abortion.  They oppose big government and big deficits.  They oppose the current size of government.  They oppose the President stealing their rights in the name of coddling them.  These are TEA party issues, not establishment issues.

2012 isn’t about the economy.  At least it won’t be.  We’re about to run the wrong candidate, again, based on January issues for a November election.  What will get people to the polls in November is whether we want a President who will prevent taxpayer funded abortion, or a President who once voted to let doctors perform abortions after the baby is born.  Where do you stand?

The worst possible scenario for Republicans in 2012 will be a race where a significant percentage of Americans don’t care who wins or think the candidates aren’t that far apart.  We saw that in 2008.  The only way Republicans will win in 2012 is if we run a distinctly conservative candidate who gives Americans a clear choice.  Vote for the radical Liberal or the radical Conservative.   The more moderate a candidate we run, the more moderate Obama will look in comparison.

If the moderates stay home in 2012 and the 40% of conservatives beat the 20% of liberals in the country, I’m ok with that.  The strategy of getting the moderate vote and praying the 40% of conservatives will hold their nose and show up is a sure loser.

Newt vs. the CBO

You can tell the left is afraid of someone when they bring out the big guns.  Relying on his credentials as a former conservative, Bruce Bartlett has come out attacking Newt Gingrich for policies from over a decade and a half ago that Bartlett claims are responsible for today’s Congressional malaise.  Apparently, Ginrich’s reforms were not so terrible that Nancy Pelosi would want to change them when she had the chance.

One of Bartlett’s grips is that Gingrich consistently calls for an end to the CBO because of the way the CBO does projections.  Unfortunately for Bartlett, his faith in the CBO does not have a great track record to back it up.  After recalculating Obamacare costs and tax savings of all the various bi-partisan deals that have come out, the CBO has recently had to come out and admit they blew their projection of how much Obama’s stimulus was going to save the economy, and the number of jobs saved.

The problem with the CBO is that they don’t do dynamic budgeting.  They do projections.  In other words, Bartlett points out that the CBO figured the losses from the Bush tax cuts to be $3 trillion, but those losses are calculated based on the growth during Bush’s presidency and assumes that growth would have happened no matter what.  On the other hand, dynamic budgeting would look at this prolonged Obama recession and see that we have lost close to a trillion dollars a year in tax revenues because of stagnant growth and 9% unemployment.  The CBO, and Bartlett, are not smart enough to figure that out.

Bartlett thinks the CBO is smarter than Newt.  Actually, they just use different processes.  CBO processes are the perfect product of government bureaucracy economics that assume all things are equal and that policies will have no effect beyond the typed text of the bill.  On the other hand, Newt attempts to anticipate how ideas will affect other areas of the economy.  It’s more of a successful business approach where the results of the study mean more than giving one party ammo to sell a bill, like Obamacare.  For more info on the CBO’s recent record, there is a less than flattering article over at Biggovernment.com.

So which budgeting approach is better?  Depends on if you actually care about the results, or if you are a jaded former conservative writing for the New York Times.

An easy message

Is this race about to get dirtier?  The more crazy moves Obama makes, the greater the temptation will be for Republican candidates to start slinging mud at each other.  I’ve said since the start of this primary that Republicans need to focus on Obama, but so far Newt Gingrich is the only one who has been able to accomplish this.  The result is that he continues to post poor showings in the polls as few Americans are paying attention to anything he is saying.

So why are Republicans getting more comfortable attacking each other?  The right is getting more and more confident of a 2012 victory with every misstep this President makes.  I still maintain though that Republicans need to make this election about defeating Obama.  Already, Romneycare, Perry’s HPV order, and Bachmann’s gaffes are going to make it that much harder for the GOP nominee to win in 2012.  Obama has done plenty of things to run against, and I give credit to Newt Gingrich who has been pointing them out in his weekly newsletters.

I thought I would provide a refresher course to the Republican candidates to help them stay focused. For example, do they want to focus on jobs?  President Obama is the President whose policies have driven unemployment up to 9.1% while running annual deficits over a trillion dollars a year.

In the meantime, he is also the President who is blocking the opening of a US manufacturing plant in South Carolina because it is not a union factory.

He is the President whose federal agents performed an armed raid on a US manufacturing plant because they were buying materials overseas and manufacturing them here in the US instead of manufacturing them in India.  Yes, you read that right.

He is the President who took a public US corporation away from the company’s bondholders, sold the company overseas to an Italian company and gave the proceeds to the United Auto Workers union.

He is the President who unilaterally shut down US oil drilling in key areas of the Gulf of Mexico.  When a judge said his moratorium was unconstitutional and tossed it, Obama simply wrote another one.  In the meantime, he heavily invested US tax dollars into drilling operations in Brazil and promised the US would be one of their best customers.

He is the President who today proposed $1.5 trillion in cuts in private investment and consumer spending through higher taxes, after proposing $400 billion in tax hikes just a week and a half ago.  That’s $1.9 trillion in proposed tax hikes over a two week period when he was promising new policies to create jobs.  By the way, these are the same tax hikes his own party wouldn’t pass in 2009 or 2010.  All this and he is the one proposing hundreds of billions of dollars in cuts in Medicare and Medicaid.

How about government waste?

He is the President who after taking $850 billion in stimulus dollars and funneling it to unions and pet projects such as duck ponds and skate parks is now asking for another $450 billion to fix the 152 bridges he neglected with the first stimulus.

Speaking of the first stimulus, Obama is the President who invested billions of our tax dollars into various “green energy” projects that have now gone bankrupt.  And it gets worse:

He is the President who gave a $529 million taxpayer loan to a company owned by one of his biggest supporters, multi-billionare George Kaiser, despite knowing that the company was failing.  Then he restructured that loan so that when the company went under Kaiser would get paid first and taxpayers would get what was left over.

Barack Obama says we need to cut private investment and consumer spending through higher taxes because the rich need to pay “their fair share”.  But when it came to Solyndra, Obama specifically made sure that the rich got their millions of dollars back at the taxpayer’s expense.

How about in Afghanistan?

As Obama slowly draws down forces and quickly pulls out of combat roles, he also keeps fighting for cuts in military spending.  He seems uncommittedly committed to the war in Afghanistan.  Could that have any correlation to there being nearly twice as many US deaths in Afghanistan in Obama’s three years in office as there were during the entire Bush Presidency?

What about Obama’s management of the Justice Department?

While letting the black panthers off the hook for voter intimidation when they showed up in military garb with clubs at the voting booths, Eric Holder took pro-lifer’s to civil court and sued them over standing too close to abortion clinic driveways.

And of course, Fast and Furious.  This was the operation where this President’s Justice Department sold guns to violent Mexican druglords.  Those same guns were used to kill border patrol agents.  Meanwhile, Obama has sued Arizona for trying to enforce immigration laws on their own.

All that, and I didn’t even mention Obama’s disastrous healthcare legislation.

If 2012 Republican candidates feel the urge to take a swing at a political opponent, might I suggest that Obama makes for an easy target?

Oh, and one last thing.  Report@whitehouse.gov might be a thing of the past, but if you disagree with what I wrote you can always report me to Obama’s new citizen watch website, http://www.attackwatch.com.

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