Carney: Obama's New Jobs Plan Would Put Unemployment Below 9%

Maybe we should just elect an incompetent idiot as President and then make excuses when he/she (*)(*)(*)(*)s everything up beyond all recognition ......... Ooooops.

 

You guys tried that tactic in 2000 and 2004. How'd it work out?

 

Granted, GW was not really the cat's meow, but really, why keep one making matters worse?
Where are the jobs?

 

Note the red text, which the liberals conveniently ignore, in order to once again, as I said lie this President out of the hole he himself has through his action and inaction created, and claim no one from this President's administration ever made such a claim.

Now that we have clearly established that YES for a FACT someone from this President's administration did make the claim that if the first stimulus was passed unemployment will stay below 8%.

Please tell us libs, why is it we the tax payers of this nation should believe a word this Presdident says now.

And more importantly, why in hell should we trust him, with even more of our tax dollars? Given we know the first stimulus did not work, and that much of that money was doled out to political cronies of this President, given our republic can ill afford the first stimulus, let alone a second one.

I know instead of a "stimulus" here's a novel idea.

How about you libs in our government get the hell out of the way and let the American economy and people work.

I know I know shame on you John, how dare you suggest liberals and their over regulation of American industry get the boot.

 

We haven't clearly established that at all. A "claim"? There was a predicted, based on estimates of the recession available at that time as to what would happen with the stimulus versus without it.

Because the prediction as to the effect of the stimulus was pretty accurate, even if the projection as to the severity of the recession was off.

Because the economy turned around since he was president and the deficit decreased, and he was the first president to actually cut spending in decades.

Or didn't Rush tell you that?

I know instead of a "stimulus" here's a novel idea.

Thanks for the offer. But we saw the total (*)(*)(*)(*)ing wreck of things you all made last time you had power. And the time before that. And the wreck you've tried to make since then.

 

Obama stimulated penises all over Africa for a cost of only $800 million.

That should count for something, yes?

http://www.cnsnews.com/news/article/75198

"The National Institute of Mental Health (NIMH), a division of the National Institutes of Health (NIH), spent $823,200 of economic stimulus funds in 2009 on a study by a UCLA research team to teach uncircumcised African men how to wash their genitals after having sex."

 

When Obama took office, the economy was tanking at a -7% real rate, losing 700,000+ jobs a month, unemployment was skyrocketing, and the stock markets were crashing in the worst recession in 80 years. The housing market was destroyed and the economy was heading straight for a depression.

But now the economy has been growing steadily for a year and a half, the private sector has created jobs every month for more than a year, stock markets are up about 70%, and the unemployment rate has fallen from above 10% to just above 9%, and 5 million private sector jobs have been added since Jan 2010.

That's is making matters worse? No in my book, by a long shot.

In foreclosure. But 5 million private sector jobs have been created since Jan 2010.

 

Woot! 0.2% and he's right! What a recovery that would be!

 

No they haven't.

 

Those 8 years pale in comparison to the last 2 years. That pretty much sums it all up! No president in our history has damaged this country greater than the current resident of the White House.

 

Just providing the source of my quote and for that you are so very, very, very welcome!

 

Personally the economy did well under Bush, just what was his average unemployment rate during his years? What was that again, hummmmm 5-6% what is Obama average unemployment rate? What is it again? Around 9%? Plus when the economy really tanked hard and fast? Hummm wasn't that around the time everyone knew who the next incoming President was gonna be? Plus no one believes with a sane mind that those few months of terrible numbers were gonna continue but no one expected the President and Congress at the time of Democratic control would act so adversly against the Economy itself that it has not allowed any recovery at all in the last three years.

Obama and Company owns this economy, no way to spin out of it now! Congradulations, you are going into a major presidential election with everything around this bozoo ya'll elected is crumbling and the people are looking like they gonna boot him right out! Can not come soon enough.

 

Under Bush jr. (and I think he was a terrible POTUS), the unemployment rate was under 6% - 84 months out of the 96 he was in office.
And under 5% - 47 months out of 96.

Under Obama, it's only been under 9% - 6 months out of the 32 months he's been POTUS.

http://www.miseryindex.us/urbymonth.asp

 

For one thing Bush is not a jr., unlike Al Gore that is technically a jr by birth. You may not think he was good but his economy for the most part was very good dispite several large events during his presidency. Now we have, well, we have a president in title only.

 

He was Bush Jr. to me. If he does not like it...tough.


And Bush - FAR more then any other President - created the housing boom that directly led to the housing bust.

He implemented his low-income housing plan and forced HUD to make funds available to help Freddie and Fannie to make it fly.

He championed ultra low interest rates and publicly encouraged banks to give mortgages to low income people who anyone in their economic right mind knew were incapable of sustaining mortgages.

http://money.cnn.com/2004/06/17/real_estate/lowcost_housing/index.htm

http://community.seattletimes.nwsource.com/archive/?date=20000419&slug=4016202

The low-income housing initiative (along with the ultra low interest rate policy - which he approved of publicly) which started the whole mess was his idea and his responsibility.

Plus, he was the absolute knucklehead that appointed Bernanke - who has done absolutely NOTHING right since he became head of the Fed.

PLUS - he started the stimulus packages before Obama ever did.

- TARP was his baby

- bailing out GM and Chrysler was put forth by him (and others) while he was still in office

- he approved of bailing out AIG (which the Fed did when he was still in office)

- and he put forth the first budget that ended up being the first ever trillion dollar deficit

He was almost as Keynesian as Obama is.


Sure, the country boomed...by using debt to do it.

Any idiot can prosper by going further and further into debt to do it...and that is what America did during most of the '00's.

 

Bush may have bought into the every-low-income-voter-with-a-house idea.

He certainly did champion home ownership, but that's the problem with bleeding hearts like him - they let their compassion overcome their common sense.

And in the interests of saving time I won't even detail the leftwing idiocy that pushed the same idea.

The question is what is to be done about it now?

And I think we should do nothing.

The excess housing will just have to work itself out and let the chips fall where they may.

Meaning hands off Obama.

 

Thanks for sharing, GiveUsLibertyin2012.

"Now even liberals are trying to put their finger on what is wrong with President Barack Obama. Does he lack leadership abilities or competence? Is he arrogant and out of touch with America? Is he a pleaser first and foremost, rather than someone who cares about getting the job done? Does he not understand how the economy works? “‘Yes, we can!’ has devolved into ‘Hey, we might,’” Maureen Dowd wrote in The New York Times."

Most of us just wish he would stay at his work station long enough to come up with a credible and workable plan to solve our lingering economic problems.



Mr. President, 408,000 more Americas are out of work this week than last week and our core inflation rate has unexpectedly risen to 2.0%. Why are you going on vacation? Please, please stay in Washington and work on our economy!

 

Or better yet, Mister Presidonk, please just do the honorable thing and RESIGN... but be sure to make Biden resign, too.

This guy would have done well to have spent a couple of terms in the Senate, so that he would have had at least a working idea of what the hell it is that a President of the United States is supposed to be, and supposed to do....

 

"Carney: Obama's New Jobs Plan Would Put Unemployment Below 9%"

Oh yeah, btw......YEAH, SURE. PFFFFFT !!!!

Obama = FAIL

 

perhaps it was a typo error and there should be a one infront of the 9 to read 19%

 

Heres another for the deniers. Jared Bernstein, former Biden economic advisor, admitting they made this prediction and trying to explain away their mistake in doing so at around the 40 second mark.


[ame="http://www.youtube.com/watch?v=5jeaECaXAQs"]Former Obama WH Economist: Unemployment Won't Drop Below 8% Before End of 2012 - YouTube[/ame]

 

The guy says 'everyone was wrong'?

Wrong pal...many people knew and publicly stated that your figures were unrealistic.

Arrogance is the main reason, IMO, why leading Keynesian's continually get it wrong.
Instead of admitting AND learning from their mistakes...they make excuses and learn little/nothing.

 

They stated that their stimulus would keep unemployment below 8%. If you want to engage in the silly nonsense Iriemon trys to pull as to whether that is a "promise" or not have it, it was their prediction and what they used to sell the program.

 

And staying below 8% if their program was passed.

Fail and it's been at or above 9% ever since. It's not getting better in fact getting worse.

 

And the ones that were current and they like everyone else saw where it was headed and running on how bad the economy was.

Their program didn't work. They were wrong. They made it worse. You can try to spin as much as you like but it doesn't change the fact. It didn't work and they have made it worse by their actions.