Obama Jobs And Tax And Spend

Roanoke Times, 2-6-10, Pg 6: BIG headline: Drop in jobless rate (10.0% to 9.7%) points to modest improvement.
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Obama and the Roanoke Times bringing slant, manipulation and heifer-dust to a whole new level!
150,000 additional workers lost their jobs in Dec 09; but amazingly, the unemployment rate dropped from 10.0 to 9.7. Something about an old adage: figures don’t lie but liars figure! Is Professor Obama a language major that can’t count or a math major that can’t read? Next we’ll hear he gained 20 pounds and went from 190 down to 180.
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The discrepancy “lies” in the unpublished data Obama and his media friends don’t print and don’t want us to know and that is that hundreds of thousands of people have given up and have stopped looking for work and are dropped from the “official unemployed list”; therefore; the “underemployment rate” is 16.5% and NOT 9.7%.
Where’s Obama’s $760 BILLION stimulus commitment for 8% maximum unemployment and 3.5 million new jobs?
Just more hope and change we can believe in!
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Roanoke Times, 2-2-10, Pg 3: Obama says government must keep spending; is asking congress to approve record $3.8 TRILLION budget with $1.5 TRILLION deficit and a debt limit increase to $14.3 TRILLION.
Obama budget would impose host of tax increases of $1.4 TRILLION on employers and individuals.
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Apparently there is no limit to the Obama Democrat TAX and SPEND debacle that is resulting in negligible positive outcomes but is generating a gigantic bill for tax-paying Americans to pay-off for generations to come
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We have passed the financial tipping-point that occurs when a family or business goes into bankruptcy and debts outweigh assets and income. Without good private sector jobs to support our financial system, we will be bankrupt just trying to pay the interest on the debt now primarily owned by China who is clearly not our friend and who is now blackmailing our government policies.
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The yearly interest on $14.3 TRILLION is $715 BILLION/Year or $14,000 per tax-paying American per year in interest alone!
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Just more hope and change we can believe in! Yes we can!
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http://roanokeslant.blogspot.com/2010/01/obama-neck-deep-in-big-economy-muddy.html
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http://roanokeslant.blogspot.com/2009/11/obama-campaigning-in-nj-for-higher.html
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http://roanokeslant.blogspot.com/2009/10/one-million-tax-dollars-per-job.html
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http://roanokeslant.blogspot.com/2009/07/economic-reality.html
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http://roanokeslant.blogspot.com/2009/06/economic-reflections-revisionism.html
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http://roanokeslant.blogspot.com/2009/02/obama-economics.html
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