PRESIDENT OBAMA: Every economist who's looked at it had said that the recovery did its job. It put a brake on the collapse of the economy, we avoided a Great Depression. We are now growing again.
Uh...Barry, what about these guys:
In latest quarterly survey by the National Association for Business Economics, the index that measures employment showed job growth for the first time in two years -- but a majority of respondents felt the fiscal stimulus had no impact. NABE conducted the study by polling 68 of its members who work in economic roles at private-sector firms. About 73% of those surveyed said employment at their company is neither higher nor lower as a result of the $787 billion Recovery Act, which the White House's Council of Economic Advisers says is on track to create or save 3.5 million jobs by the end of the year.
That sentiment is shared for the recently passed $17.7 billion jobs bill that calls for tax breaks for businesses that hire and additional infrastructure spending. More than two-thirds of those polled believe the measure won't affect payrolls, while 30% expect it to boost hiring "moderately."
Or what about these people?
OK, but moving on...the Annointed one had this to say:
PRESIDENT OBAMA: The problem is, number one, it's hard to argue sometimes, things would have been a lot worse, right? You know, so people kind of say, yeah, but unemployment's still at 9.6. Yes, but it's not 12 or 13 or 15.
Wow, Barry, that's great. At least it isn't 10-0 percent. You know, that is about like saying, hey, we had to cut off half your leg, but at least it wasn't 3/4, or 7/8, or the whole thing. Give me a break!And Barry, the unemployment in Racine is like 14.4. Talk about a self absorbed oblivious jackhole! And of course, if the stimulus is working, what about this news:
Initial claims for state unemployment benefits increased 13,000 to 472,000, the Labor Department said, above market expectations for 452,000.
In a separate report, the Institute for Supply Management said its barometer of manufacturing activity slipped to 56.2 in June from 59.7 the prior month, with growth in the employment index moderating slightly.
While layoffs have slowed sharply from early last year, businesses remain skeptical of the strength of the recovery and are holding back on hiring, keeping claims for unemployment benefits at uncomfortably lofty levels.
High unemployment is a sore point for President Barack Obama, whose approval ratings have plummeted, and it could cost his fellow Democrats dearly at the polls in November.
More than 8 million Americans lost their jobs during the recession, but employment growth has been so tepid that it could take years for many of them to find work again.
But wait, who was it that said that if we passed stimulus unemployment would not go above 8%? Oh yeah, you and Joe Biden. Now, Barry, this discrepancy is a, to quote VP BiteMe, is a "big f'n deal." Minority Leader Boehner had this to say:
The president's in a town today with 14 percent unemployment and telling the people of Racine, Wisconsin, that the stimulus bill has created jobs, they just haven't seen them yet. Now, the president and his administration must be the only people on earth who think that the stimulus and more government spending is going to help our economy.It is a report. And really, it outlines that all the spending has not resulted in new jobs in America. The president promised when he signed the bill that unemployment wouldn't exceed 8 percent. But now it's nearly 10 percent. And if you look at African-American unemployment, it's at 16-and-a-half percent. If you look at Hispanic unemployment, it's 12-and-a-half percent. It hasn't created jobs. All the leaders around the world at the G-20 summit made it clear that we have to begin to reduce the debt in the world, not continue to add more debt.
You can find Boehner's Stuck on Stimulus Report here.
Boehner is no dumb@$$. Here are some gems from his report:
Last week, Vice President Joe Biden turned his back on a small business owner who asked about
having his taxes lowered. The Vice President then proceeded to call the man a “smartass” and went back to
defending his administration’s ‘stimulus’ spending policies.
This is the kind of Washington-knows-best arrogance that Americans are so fed up with. More than
that, though, it’s a reflection of the Washington-first, Washington-last economic policies that have failed to put
people back to work while pushing our nation to the brink of a fiscal crisis.
It’s time for a return to first principles, to common sense. If you want to boost the economy and
support private-sector job creation, you don’t go on a binge of taxing, spending and borrowing; you rein in
spending, keep taxes low, and give small businesses the certainty they need to get back on their feet.
This is the approach Republicans are fighting for, and have fought for since President Obama took
office. It’s supported by the American people, hundreds of economists, and even the leaders of most of the G-
20 nations, who’ve learned the hard way that massive government spending, seizing and borrowing is not an
effective remedy for their countries’ economic ills.
President Barack Obama and Washington Democrats have been slow to get the message. While the
rest of the world seems dialed in on the need to rein in spending and impose fiscal discipline, Washington
Democrats are still stuck on ‘stimulus.’
Rather than face facts and make tough choices, Washington Democrats have chosen to cling cluelessly
to their discredited ‘stimulus’ philosophy. To keep their spending spree going, Democrats have flat-out
canceled the federal budget for the first time in modern history at a time when a fiscal blueprint has never
been more badly needed.
Things reached a new low last weekend when, instead of pressing the United States Congress to do its
job and pass a budget, the president traveled to Toronto, where he practically begged our allies and trading
partners to spend more of their taxpayers’ money on government-run ‘stimulus’ programs. Just as it has been
with the American people, President Obama could not make the sale.
And that is just the FOREWORD!
President Obama has failed and lied or been oblivious to reality. Unemployment has not gotten better. In fact, Joe Biden said we won't get some of those job numbers back. There's real hope and change, all right!
So, either JoeBiteMe and Barry are dumb@$$e$, or they are pompous, self absorbed liars who will say and do anything to further control you.
Either way, it is not good for our country.