Thursday, August 4, 2011

Obama's Birthday: The Cure for a Failing Citizenry

Via Don

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Fresh off the public flogging of Boehner disguised as a "Republican win," Obama shifted his priorities back to the business of the nation: his 50th birthday bash!

Here's how the LA Times described the momentous event (emphasis added):

President Obama turns 50 Thursday, unquestionably older, grayer, and less popular than when he took office.

His nearly three years on the job haven't been easy; the White House would be the first to tell you that. He inherited a spiraling economy and wars in Afghanistan and Iraq. Since becoming president, he's seen unemployment stay flat despite his administration's efforts, a fractious debate over healthcare that's still playing out, Middle East unrest, the GOP seizing the House and making formerly routine matters a battle-and, oh yes, that oil spill in the Gulf.

The left acts as if other presidents all inherited rainbows and cotton candy. The only modern-day president who can't complain about what he inherited is Jimmy Carter, and Bush looks more and more Reaganesque daily in comparison to Obama.

We were told, again and again, that Obama would focus on jobs. Remember jobs -- the things that Obama said he would create 4.1 million of? The things that people had during The Bush Years?

Obama's first trillion spent after selection was to secure jobs, to guarantee that the jobless rate would not crest 8 percent. So what if we got to 9.7 percent? When unemployment settled at 9.2 percent, 0.5 percent of the people who lost jobs got their jobs back. Not bragging on behalf of Obama, but 100 percent of the existing jobs were "saved" by Obama's quick thinking. Crisis averted.

Why sulk about another 1.5M jobs lost in the afterglow of last night's fundraising gala in Chicago with Jennifer Hudson serenading the One?

I have a math degree, so I can tell you with authority that if Obama took his newly looted $2.4T and gave it to the 1.5M newly unemployed, he could give each of them $1.6M. One point five million instant millionaires. If Obama decided to "spread the wealth around" further, to the total unemployed of 30M (not including those who quit looking...after all, they quit looking and don't deserve it!), each of the unemployed would receive $80,000 -- just slightly above the poverty line in Amerika.

Lucky for us however, Obama will do with the $2.4T what he's done with the about $4T he stole earlier, which guarantees us at least another year of increased joblessness.

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6 comments:

  1. That's kinda harsh, dontcha think? :)

    My mutual fund took a beating over the past couple of days. Down from $17.07 a share a week ago to $14.49 today. I should be thankful though, it gained a penny yesterday. I suspect that will change dramatically by tomorrow. :)

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  2. I guess you're going to stick it out?

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  3. Yep, gotta.

    Saving for a trip back to Germany for the wife and I. I'm sure it'll go back up after obama is gone in a mere 17 months. I can do that standing on my head :)

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  4. :) As long as we get rid of him, I agree.

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  5. Down another 86 cents today.

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