Sunday, July 10, 2011

Economy Is Still In Disaster Mode


Opinion Editorial


   Still sticking to their left wing uninformed biases it seems at the New York Times.The same old same old as far as economic activity is concened.This mornings second lead OPED is "The Worst Time to Slow the Economy."
   This sick joke begins in the usual attack mode "It was not surprising to hear the Republican presidential candidates repeat their tiresome claim that excessive government spending and borrowing were behind Friday’s terrible unemployment report. It was depressing to hear President Obama sound as if he agreed with them."
   It is not surprising to hear the NYT repeat the BS and defend the indefensible about the reasons why we are in the quagmire that we are in economically speaking.Too much $pending is the reason where are the %&* shovel ready jobs Oh wait thats right President Barack HUSSEIN Obama laughed at that one yeah the jokes on us.This is the Hope and Change NOT!
   Here comes more attacks "The Labor Department report showed virtually no job growth in June, with the unemployment level edging up to 9.2 percent from 9.1 percent the month before. It seemed to confirm last month’s indication that the economy had stalled. After the report came out, the president went to the Rose Garden and said he hoped that a conclusion to the current debt-ceiling talks would give businesses “certainty” that the government had its debt and deficit under control, allowing them to start hiring again. Certainty? That sounds like Mitt Romney, or any of the other Republicans who have concocted a phony connection between hiring and government borrowing."
   Debt ceiling STOP SPENDING period!Especially on entitlement spending.Obama hoping I love it keep dreaming.How about the phony baloney that Government spending will rebuild the economy (e.g. the Porkulus a.k.a the aforementioned shovel ready jobs a.k.a Stimulus $pending.)
   It seems that the NYT is still suffering from what is known as BDS (Bush Derrangement Syndrome)
"There has never been any evidence that the federal debt is primarily responsible for the persistent joblessness that began with the 2008 recession. The numbers have remained high because of weak consumer demand and stagnant wage growth, along with an imbalance between jobs and job skills. Republicans have long tried to link unemployment and debt so that they can blame Mr. Obama for the poor economy, and build support for their ideological goal of cutting spending."
   If Obama is not to blame then who? I hear the crickets chirping.

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