United States News
See other United States News Articles
Title: Incompetent Obama Leads Nation To Great Depression Unemployment Levels
Source:
[None]
URL Source: http://startthinkingright.wordpress ... epression-unemployment-levels/
Published: Aug 10, 2010
Author: Michael Eden
Post Date: 2010-08-10 10:31:38 by no gnu taxes
Keywords: None
Views: 1012
Comments: 2
Robert Blagojevich – the brother of Democrat Governor Blagojevich – labeled Jesse Jackson Jr. as an “articulate incompetent” (actually a “f-ing articulate incompetent”). That label couldn’t suit Barry Hussein better. Barack Obama is a complete failure. He’s an utter disgrace. But he’s an articulate failure and utter disgrace. Which means he’s always smooth-talking, always using disingenuous and dishonest rhetoric to conceal or camouflage his failure. As an example, Obama is out on the stump saying: “And I do want to point out, when you get in your car, when you go forward, what do you do? You put it in ‘D.’ When you want to go back, what do you do? (Laughter.) You put it in ‘R.’ We won’t want to go into reverse back in the ditch. We want to go forwards. We got to put it in ‘D.’ (Applause.) Can’t have the keys back.” (Laughter.) That’s quite rhetorically clever. It’s so articulate. It’s also substantially utterly meaningless. Putting facts to the rhetoric doesn’t look so good for Obama. George Bush “handed Obama the keys” with unemployment two full points lower and with the deficit trillions of dollars lower. Would I rather have Obama’s 9.5% unemployment – which as bad as it is is artificially low because of all the people who’ve dropped out of the job market, and which is now forecasted to up to 10% and remain there next year – or would I rather put the car in ‘R’ and go back to Bush’s worst unemployment rate of 7.6%? We’re going to have a double dip recession – and which president is responsible for that second giant scoop of pain which will occur ENTIRELY on Obama’s watch? Goldman analyst Jan Hatzius and his team just lowered their GDP forecast for 2011 from 2.5% to a dismally pathetic 1.9%, increased their unemployment forecast from 9.8% to 10.0%, boosted their inflation expectation from 0.4% to 1.0%, and said that the rather frightening Fed scenario known as “QE lite” is now on the table. Specifically, the Goldman analysis says: “As a result of this downgrade, we now expect the jobless rate to rise to 10% by early 2011 and remain there for the rest of the year.” Does that make you want to put the car in ‘D,’ dumbass (which is another thing that ‘D’ stands for, for what it’s worth)? We can see the cliff, but it’s full speed ahead with the turbochargers blazing. In this case, “forward” leads to screaming-in-pain hell. Obama says that Republicans don’t have “a single, solitary new idea” to help the American people recover from the economic recession. Which takes a lot of chutzpah, given that Obama’s “new ideas” date back to 1848 and Karl Friggin Marx. And the very newest “new ideas” of all date back to the colossal failure otherwise known as Jimmy Carter. It’s not enough to say that Obama is throwing stones in a glass house; he’s using a machine gun to blast out every pane in the building. Obama is quite “articulate” at fearmongering, race-baiting, slandering, demagoguing and demonizing his opponents. But that kind of crap is all Obama’s got. He’s incompetent at everything else. As a matter of simple routine, we receive massively conflicting and contradictory messages from this White House. On Wall Street. On Afghanistan. On health care. On Iran. On Everything. Other than that, the first president of “God damn America!” is an utter disgrace. So let’s look past the Obama rhetoric and look at the hard facts.
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: no gnu taxes (#0)
bush41 worse. but obama playing catch up. Attack Iran and they're even. Stop bp from being sued and Obama gets a leg up. ;}
He fookin passed Booosh long ago, mcclown. The economy is in the shitter and getting worse and the moron doesn't have a clue! When does the gulf coast evacuation commence, mcclown? Why are you such a fookin coward, mcclown?
#2. To: mcgowanjm (#1)
obama playing catch up.
Top • Page Up • Full Thread • Page Down • Bottom/Latest
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]