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February 18, 2012

White House “forgets” to include 11 million unemployed in their unemployment calculations

More on the number of unemployed who aren’t being counted as unemployed.

If you are out of work, have not been able to find a job, have given up on looking or have just run out of unemployment benefits, you aren’t counted as being unemployed.

It’s like you have simply disappeared from planet Earth, or moved to North Korea, which is pretty much the same thing.

The Obama Administration has deleted you from it’s memory. You do not exist.

From the Daily Caller:

White House officials are trying to downplay the growing political damage caused by a shrinking federal statistic: the percentage of working-age Americans who actually have jobs.
The increasingly visible statistic shows that roughly 11 million working-age Americans are being excluded from the nation’s formal tally of 13.75 million unemployed Americans.

Democrats are touting downward ticks of the formal unemployment rate to 8.3 percent, but Republicans are making an increased effort to highlight the painfully low employment participation rate.

If there are 24.75 million Americans out of work, and the administration is only counting 13.75 million of them, and they claim an unemployment rate of 8.3%; they are about 4 percentage points short on their estimate.

Their 8.3% unemployment rate is 100% BS.

While the recession may be officially and technically over, for those who have not been able to find work it has become a depression.

And that’s about 25 million depressed Americans…

Read more at The Daily Caller…

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Filed under economy, obama administration

Tagged as administration, depression, numbers, obama, recession, unemployment rate

February 18, 2012

Thomas Del Beccaro Why Aren’t the Democrats Keynesian on Taxes? Thomas Del Beccaro, Big Government

Here’s a shocker – Even Keynes thought that lower tax rates would be better than tax hikes to stimulate the economy. But everybody seems to be missing this…

So why do Democrats, so enthusiastic about Keynsian economics, skip the parts that actually work?

President Obama has used Big Government to its fullest extent to turn the economy around. Economic and job recovery was promised if we passed the “Stimulus” bill, Obamacare and support such policies as funding Solyndra. Despite a lack luster economy and record long 8+% unemployment, the President and his supporters continue to tout a government led economy in their modern version of Keynsian economics.

But is that really what Keynes believed? In a word: No.

It is true that Keynes believed that government intervention in the economy could be beneficial. Government spending was part of several tools he thought the government could use to ensure economic growth and stability. In that sense, Keynes believed that government could prime the economic pump. The President and leading Democrats, however, believe that government should be the economic pump.

…

Keynes so believed that that he also said that: “For to take the opposite view today is to resemble a manufacturer who, running at a loss, decides to raise his price, and when his declining sales increase the loss, wrapping himself in the rectitude of plain arithmetic, decides that prudence requires him to raise the price still more–and who, when at last his account is balanced with nought on both sides, is still found righteously declaring that it would have been the act of a gambler to reduce the price when you were already making a loss.”

Read more at BigGovernment…

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Filed under Economics

Tagged as economics, jfk, kennedy, keynes, obama, pack mule, tax cuts

February 18, 2012

An impressive list of accomplishments for Obama!

From email – More proof that President Obama has not been lazy… Let’s not forget the things on this list, OK?

An impressive list of accomplishments!

·         First President to apply for college aid as a foreign student then denies he was a foreigner.
·         First President to have a social security number from a state he has never lived in.
·         First President to preside over a cut to the credit-rating of the United States.
·         First President to violate the War Powers Act.
·         First President to be held in contempt of court for illegally obstructing oil drilling in the Gulf of Mexico.
·         First President to defy a Federal Judge’s court order to cease implementing the Health Care Reform Law.
·         First President to require all Americans to purchase a product from a third party.
·         First President to spend a trillion dollars on ‘shovel-ready’ jobs when there was no such thing as ‘shovel-ready’ jobs.
·         First President to abrogate bankruptcy law to turn over control of companies to his union supporters.
·         First President to by-pass Congress and implement the Dream Act through executive fiat.
·         First President to order a secret amnesty program that stopped the deportation of illegal immigrants across the U.S., including those with criminal convictions.
·         First President to demand a company hand-over $20 billion to one of his political appointees.
·         First President to terminate America’s ability to put a man in space.
·         First President to have a law signed by an auto-pen without being present.
·         First President to arbitrarily declare an existing law unconstitutional and refuse to enforce it.
·         First President to threaten insurance companies if they publicly spoke-out on the reasons for their rate increases.
·         First President to tell a major manufacturing company in which State they are allowed to locate a factory.
·         First President to file lawsuits against the states he swore an oath to protect (AZ, WI, OH, IN).
·         First President to withdraw an existing coal permit that had been properly issued years ago.
·         First President to fire an inspector general of Ameri-corps for catching one of his friends in a corruption case.
·         First President to appoint 45 czars to replace elected officials in his office.
·         First President to golf 73 separate times in his first two and a half years in office, 90 to date.
·         First President to hide his medical, educational and travel records.
·         First President to win a Nobel Peace Prize for doing NOTHING to earn it.
·         First President to go on multiple global ‘apology tours’.
·         First President to go on 17 lavish vacations, including date nights and Wednesday evening White House parties for his friends; paid for by the taxpayer.
·         First President to have 22 personal servants (taxpayer funded) for his wife.
·         First President to keep a dog trainer on retainer for $102,000 a year at taxpayer expense.
·         First President to repeat the Holy Qurán and tells us the early morning call of the Azan (Islamic call to worship) is the most beautiful sound on earth.

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Filed under obama leadership

Tagged as : accomplishments, auto pen, dog trainer, dream act, law, obama, shovel ready, social security, unconstitutional

February 17, 2012

How to tell whether you are conservative or liberal…

H/T @nytech..

If you’ve ever wondered which side of the fence you sit on, this is a great test!

If a Conservative doesn’t like guns, he doesn’t buy one.
If a Liberal doesn’t like guns, he wants all guns outlawed.

If a Conservative doesn’t like what he/she hears in a auditorium, he/she walks out.
If a Liberal doesn’t like what he/she hears in a auditorium, he/she will shout the speaker down so nobody can hear.

If a Conservative is a vegetarian, he doesn’t eat meat.
If a Liberal is a vegetarian, he wants all meat products banned for everyone.

If a Conservative is down-and-out, he thinks about how to better his situation.
A Liberal wonders who is going to take care of him.

If a Conservative doesn’t like a talk show host, he switches channels.
Liberals demand that those they don’t like be shut down.

If a Conservative is a non-believer, he doesn’t go to church.
A Liberal non-believer wants any mention of God and religion silenced.

If a Conservative decides he needs health care, he goes about shopping for it, or may choose a job that provides it.
A Liberal demands that the rest of us pay for his.

If a Conservative reads this, he’ll forward it because it tells the truth.
A Liberal will delete it because he’s “offended”.

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Filed under Conservatism vs. Liberalism

Tagged as conservative, liberal

February 16, 2012

Obama jobs panel pushes tax reform, domestic drilling – Reuters via Yahoo! News

I’m pretty sure President Obama was somewhat surprised to get these recommendations from his hand picked group of business advisers. These are, largely, policies that the Republicans in the House have been pushing for for the past year.

President Barack Obama’s jobs council called on Tuesday for a corporate tax overhaul, expanded domestic drilling and new regulatory reforms, a set of proposals unlikely to provide a quick fix for high unemployment or gain much traction in an election year.

…

Republicans, who accuse Obama of pursuing “job-killing” policies, were quick to praise the panel’s work, pointing out that their “job-creating” proposals echoed longtime Republican themes on taxes, energy and government regulations.

Read more at Yahoo! News…