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Posts Tagged ‘unemployment’

Rlaser focusemember when President Obama claimed he “would not rest” until Americans were back to work?  Remember how he promised a “laser-like focus” on jobs?  Well, it appears Obama has some serious ADD.  According to the latest Government Accountability Institute (GAI) report, Obama has only spent 3.6% of his presidency on the economy and jobs….and that is a conservative estimate.

Here are some other key findings in their report:

  • In 2013, Obama has spent a total of 6 hours in economic meetings.  (Wow…)
  • Obama has spent a total of 474.4 hours in economic meetings throughout his presidency, compared to 976 hours playing golf or on vacation.
  • Between 2009 and 2012, Obama’s time spent in economic meetings decreased by 79%.

Does that sound like laser-like focus to you?  I’m going with No.  And he’s looking pretty darn rested to me.  So our economy must be on obamabiketrack, right?  Again, that would be a No.  Unemployment still stands at 7.6%, with real unemployment around a whopping 14%.  Our national debt is at 16.8 TRILLION and climbing.  The stock market is being artificially inflated by the Federal Reserve, which economists believe is going to lead to an even bigger collapse than we experienced in 2008.  Social  Security is going broke.  Obamacare is a train wreck, costing billions more than anticipated, and is also causing massive losses of jobs or reductions in hours, and causing companies to close their doors.

But these issues appear to be unworthy of Obama’s time.  Instead he’s focusing on gun control (despite the fact the majority of Americans do not support it), promoting Planned Parenthood, and pushing immigration reform…a.k.a. amnesty (which the majority of Americans also do not support).  These are not the biggest issues facing our country.   According to a March Gallup poll, the issues most Americans are concerned with are:  1) economy in general, 2) dissatisfaction with government, 3) unemployment/jobs, and 4) federal budget deficit/debt.  See anything interesting in those answers?  That’s right….Obama isn’t focused on ANY of them.  In fact, he and his Democrat cronies all state that the economy is improving, and in fact, we don’t have a spending problem.  Democrat Whip Steny Hoyer claimed we have a “paying for it” problem.  Yeah, just like Mike Tyson, economyDennis Rodman or MC Hammer had a “paying for it” problem.  Are you kidding me?

It’s clear that Obama isn’t focused on helping the middle class, although he consistently claims to be working to protect them.  In fact, most of his policies will ultimately destroy the middle class.   Obamacare is hitting small business owners the hardest, and middle class workers are losing hours or losing their jobs altogether. Payroll taxes went up 2% this year, despite Obama’s repeated promises of not raising taxes on the middle class “a single dime”.  And let’s not forget the new internet sales tax, which will cost Americans more money, and place a tremendous burden on companies.  And don’t you love the names of these bills?  Note the “Affordable Care Act” and the “Market regulationsFairness  Act”.  Pfft.  What a joke.

Isn’t the President of the United States supposed to represent all Americans?  Aren’t they supposed to look out for the interests of all of us, not just those who agree with his ideology?  Obama doesn’t even attempt to work with the Republican party, or address the concerns of conservatives.  Not only has this president failed to bring Americans together, but he intentionally drives us apart.   The only thing this president has accomplished is to make us weaker as a nation.

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I regularly have conversations with Democrats who cannot successfully defend the president’s record.  In fact, they don’t even try.  It’s either an attack on Romney, usually without basis in fact, or it’s some lame excuse about Obama’s social record, if they even make that much of an effort.

I have these conversations quite frequently with one particular co-worker.  We had a very intense debate recently, which I later realized epitomizes the logic of the typical Obama voter.  I asked why he supported Obama over Romney.  His first effort was to trash Romney, for everything from not paying enough taxes to killing jobs while at Bain Capital.  I successfully debunked every charge he made against Romney, and once he ran out of ideas, he said that none of it mattered anyway, because he supported Obama’s social policies, and that was it.

So, I’m curious….is that really enough of a reason to support this president?

We’ve talked about Obama’s group of friends and associates until we’re blue in the face.  Controversial figures like Bill Ayers, Frank Marshall Davis and Reverend Wright have come up for the past 4 years, but it doesn’t seem to have any affect.  We’ve talked about Obama’s relationships with, or defense of, radical groups like the Muslim Brotherhood and the New Black Panther Party, yet supporters just don’t seem to care.   I was always taught that the people we hang around with says a lot about the person we are.  Does that not apply anymore?  Does character even matter?

We’ve pointed out Obama’s socialist/Marxist/communist philosophies.  We’ve pointed out his messages of class warfare, division and wealth distribution.  We’ve pointed out his extreme views on abortion.  It’s not enough.

What about the economy?  Growth has been virtually stagnant through Obama’s entire term.  Growth was slower this month than last month, and slower last month than the previous month.  Unemployment is still around 8%, with real unemployment closer to 15%.  Millions of Americans are underemployed.  Houses are still under water.  Gas and food prices are still up.   We’ve reached $16 trillion of debt.  Businesses are afraid to expand.  The future is uncertain.  Yet, millions of Americans still support this president.

What about health care?  Insurance rates are going up – in my case, by 50%, in other cases, by 75% or 100%.  Some companies are dropping coverage altogether.  The Affordable Care Act is anything but affordable.  Doctors are getting out of medicine.  Reimbursement rates are dropping.  The health care law is costing us over $1 trillion at this point, a number which grows consistently.  Yet, Obama’s support in this election is still around 45-47%.

So here is my question to Obama voters:  What will make you sit up and take notice?

It is $20 trillion in debt?  $30 trillion in debt?  What’s the number?

Is it 18% unemployment?  25%?

Is it $5/gallon for gas?  $10?

Is it 1 in 5 Americans on food stamps?  One in 3?  Food stamps for all?

Is it a completely decimated U.S. military?

Or are you completely satisfied with this president, economy and national defense be damned, just because he supports gay marriage and free birth control?

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Am I missing something???   The private sector is fine?  Tell this to the millions of Americans who have been out of work for 2-3 years.   Tell this to the millions of underemployed workers who went from $50,000 salaries to minimum wage jobs.  Tell this to the small business owners who have had to close their doors due to the burden of Obamacare and additional regulations on their businesses.  Tell this to the thousands of college graduates who accumulated tens of thousands of dollars in student loans and have no job prospects.  The list goes on….

(Via ABC News)

President Obama said today that the “private sector is doing fine” as the U.S. economy recovers from recession, but urged Congress to send more federal aid to states and localities to boost hiring.

The comment triggered an onslaught of attacks from Republicans, who pointed to dismal job growth and an unemployment rate lingering above 8 percent as a sign Obama is out of touch.

Mitt Romney, the presumptive GOP presidential nominee running to unseat Obama, said the comment would “go down in history.”

Continue reading at abcnews.go.com.

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This morning, President Obama unveiled a new video and his new campaign slogan….”Forward”.  Hmm…  Ok, I’m just going to say it.  This is one of the most ridiculous slogans I’ve ever heard.  Forward?  That’s it?  How many staffers did it take to come up with that one?  Maybe he should have stuck with WTF (Winning the Future)….at least it was catchy.  But I digress…

Aside from the hokey name, let’s dig a little deeper.  This slogan sums up Obama’s mindset.  He doesn’t want people to look back, only move forward.  And why is that?  Maybe it’s because his record is abysmal.  His biggest accomplishment, Obamacare, is a complete disaster.  It barely passed, and the majority of Americans have been against it from the get-go.  While this was touted as such a wonderful accomplishment, I find it so interesting that Obama rarely even brings it up.  If it was so monumental, why hasn’t he been riding that wave for the last 3 years?  Simple.  We don’t want it, and he knows it.  What he claimed was a deficit neutral bill, has ballooned to nearly $2 trillion, and is still growing.  While not yet fully implemented, it’s already causing insurance premiums to increase and is driving small businesses to close their doors.  Due to decreasing Medicare reimbursement costs, many doctors are no longer taking Medicare patients or are retiring from their practices altogether.  This, along with increased regulations, is causing medical students to rethink even getting into the field.  The result will be a shortage of doctors and rationed care….exactly what we’ve been predicting since the beginning of the health care debate.

What are Obama’s other accomplishments?  Any bill that has been passed into law only equals more regulation, more spending, and less freedom, with no real solutions.  We’re $15 TRILLION in debt, housing prices are still in the tank, food and gas prices are still rising, and unemployment is still over 8%.  The number of food stamp recipients has increased to nearly 45 million, with a 135% increase in costs over the last 4 years (with Obama looking to add even more people to the program).

The only thing we have to look “forward” to with a 2nd Obama term is more of the same.

But Obama does have one thing right.  We should look forward….to November…when we can Vote. Him. Out.

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It’s no secret that Detroit has been in decline for some time, thanks to the poor leadership of liberal Democrats since the early 60’s.  But the rate of decline has increased substantially in just the last 2-3 years, with significantly increased unemployment, failing schools, and staggering crime rates.

With a national unemployment rate at or around 9% for the past 3 years, and a staggering national unemployment rate within the black community hitting a 27 year high of 16.7% in August 2011, the economic downturn that has affected all areas, has hit Detroit especially hard.

Given how dire the situation is for those still living in the Motor City, one wonders:  is this what we have to look forward to in a second Obama term?  While the “official” unemployment rates are moving slightly downward, this number ignores those who have just stopped looking, which means the numbers are completely misleading.  The “real” unemployment rate has been estimated to be much higher, although the numbers reported vary greatly, at anywhere from 11-22%.

Gas prices have continued to stay around $3-$4/gal., and is expected to hit $5/gal. by the summer.  Food prices have increased significantly.  The housing market is still a mess.  Families are struggling to make ends meet, and we still have not seen the full ramifications of the Obama policies and programs to our economy.

Will we see our own cities fall into decline, just as  Detroit has?  So, how bad are things in Detroit, really?  An article at “The Economic Collapse Blog” reveals some staggering information about just how bleak the situation is for this once booming city.  Here are some highlights:

  • Back in the 1950s, Detroit was a teeming metropolis of approximately 2 million people.  According to the 2010 census, only 713,000 people live in Detroit today.  The U.S. Census Bureau says that Detroit lost a resident every 22 minutes during the first decade of this century.
  • Only 25 percent of all students in Detroit end up graduating from high school.  Many other major cities will soon have graduation rates similar to Detroit.
  • Today, 53.6 percent of all children that live in Detroit are living below the poverty line.
  • An analysis of census figures found that 48.5% of all men living in Detroit from age 20 to age 64 did not have a job in 2008. (That number has continued to rise...)
  • The median price of a home in Detroit is now just $6000.  Some homes in Detroit have been sold for a single dollar.

Due to the economic woes, crime has increased at a staggering rate, and many residents are fighting back.  Here are some additional statistics:

  • [In a single weekend], a total of nine shootings were reported in the city of Detroit.
  • Justifiable homicide in Detroit rose by a staggering 79 percent during 2011.
  • The rate of self-defense killings in Detroit is currently 2200% above the national average.
  • Ten years ago, there were approximately 5,000 police for the city of Detroit.  Today, there are less than 3,000.
  • 100 bus drivers in Detroit recently refused to drive their routes out of fear of being attacked on the streets.

Read the full story here…

America, this could happen in more cities across the United States.  Washington cannot continue its reckless spending.  We are on the brink.  Tough decisions need to be made, and it starts with you, the voter.  Let’s make the right decision in 2012, and replace this president with one who looks out for the interests of the American people, instead of his friends and own self-interests.  Let’s replace this president with one who puts America first, and respects and appreciates this country for what it is….A Shining City on a Hill.

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Th White House manipulating numbers?  Say it ain’t so!!!

Par for the course, for this administration….

 

Last week, the White House claimed that unemployment dropped for the fifth consecutive month to 8.3 percent — the lowest it has been in nearly three years — after adding 243,000 jobs, according to the Bureau of Labor Statistics.

But financial experts are saying the figures may have been manipulated — and that the significant drop in employment was because of the fact that the federal agency charged with computing key economic data has significantly decreased the number of Americans in the workforce.

“If you hold the workforce participation rate constant over the past year, unemployment would be about 8.9 percent instead of 8.3 percent,” GOP economist Matt McDonald of Hamilton Place Strategies said Monday on CNBC’s Squawk Box. “So it is a weird number that is out there, and I think people have to be looking at that carefully.”

The same Bureau of Labor Statistics (BLS) report that showed unemployment dropping to 8.3 percent showed total workforce participation — the number of people either working or looking for work — declining by 1.2 million people in one month.

The unemployment rate is determined by dividing the number of unemployed job-seekers by the total labor force. By reducing the number of workers in the overall workforce, the Obama administration can show actual unemployment dropping, when, in fact, improvement has been marginal at best.

Many economists feel the official statistics seriously underestimate how bad the unemployment situation really is. They maintain that the key measure is the number of people who would like to have a job, but can’t find one.

Read the full story here…

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