Posted by
preservefreedom on Tuesday, June 09, 2009 9:23:09 PM
Yesterday, Jared Bernstein held a press conference to discuss the new unemployment rates and the economic stimulus package.
Jake Tapper of ABC said "In January you and Dr. Romer issued your recommendation for the stimulus. It turned out to be rather optimistic. I think it's fair to say you said without the stimulus the unemployment rate will be just over 8%. Obviously it's 9.4% with your stimulus. How do you explain that?"
Bernstein used the typical Obama excuse that it was George Bush's fault.
Later, Chuck Todd of NBC said, "Can you give us a little better accounting on the 150,000 jobs that are going to be created or saved? It's a number I know I've heard a couple of times. What is the accounting on that?"
This was Bernstein's response:
- "The 150,000 jobs, it comes precisely under the methodology I was just describing, that is we have -- we -- we know -- we know spendout, we know the types of spendout, we can assign multipliers to different parts of the plan. For example, tax cuts generate a smaller multiplier than direct government spending. Once you know the spendout and the type of spending that you're engaged in, then you can derive an estimate of how many jobs you believe you created relative to what would have occurred in the job market were you not doing that spending."
First of all, What?
In addition, how do you quantify saved jobs?
Finally, I like what Rush Limbaugh said:
- "Now, if George Bush had tried, ever, at a single time during his eight years of presidency to talk about the jobs saved, he would have been laughed out of the briefing room, and so would have his press spokesman. And if in the midst of unemployment reaching 9.4%, on the way to double-digit 10%, in the midst of 1.8 million jobs having been lost since Obama took office, if George Bush faced the same circumstances and touted 150,000 jobs saved or created, he would have been laughed at and editorialized out of the office."
- "We've lost 1.8 million jobs since Barack Obama took office and got the stimulus bill passed. We were at 9.4% unemployment. Do you believe these exchanges? Do you think reporters would be asking for clarification on 600,000 jobs created or saved were it a Republican president who came up with this fallacious notion? Absolutely no way. This is the government-run media asking for guidance on how to report this so they can sell it to their viewers, readers, customers..."
- "reviewing the eight years of the George W. Bush presidency, using the Jared Bernstein economic projection formula....George W. Bush was the greatest economic leader in decades. His economic plan, his tax cuts, created and saved over 32 million jobs. He created or saved four million jobs a year for eight years following 9/11. Create or saved 32 million jobs, unprecedented in American presidencies."
You can't make this garbage up!
I don't know when Americans fell asleep at the wheel, but we better wake up before it is too late. We are on the fast track to European socialism and the end of America as we once knew it.
American exceptionalism, prosperity and overall generosity are a product of a free people given the liberty and opportunity to pursue their goals and dreams. Our current state of government; a legislature laying the foundation for decades of power and control, a judiciary that believes it can formulate policy from the bench and a radical president, who obviously loathes the values and traditions that have made this country great are far more dangerous to the future of this nation than any terrorist group will ever be.
Seriously. Think about it. Our president is responsible for keeping this country safe, yet his first instinct is to blame America and apologize for our way of life. Did it ever occur to him that, if not for America, the world would be much diiferent? Over the past 100 years, how many American soldiers have shed blood protecting citizens of other countries? How many American missionaries have sacrificed their time to share the gospel with citizens of other countries? How many American philanthropists have given money in relief efforts to citizens of other countries?
America, because of it's combined unique factors, is the one and only "shining light" in the world. No other country has the combination of resources, freedom and generosity to do the good will that we have always demonstrated.
This is not "Change we can believe in". This is change that will destroy our way of life.
I still can't believe 53 million people fell for this rhetoric!
Jim Jones has nothing on Barak Obama. Let's just hope we find an antidote for the "koolaid" before 2012!