The longer President Obama refuses to acknowledge the direction of our nation's economy the greater the impact will be when the looming depression that awaits is named in his honor.
For a leader who has had the advantages of an Ivy League education, our president seems to be an exceedingly poor student of history. But in 120 days no one will be able to dispute that the economic mess the United States finds herself in belongs to anyone except the man in the White House.
The basis of this reality is rooted in two truths that became quite pronounced last week. The first is that President Obama is ignoring the very real direction the nation is headed. The second is that he is purposefully ignoring the impact his looming historic tax increases will have. Both are contributing to the pessimism that overarches the morale and tone of the entrepreneurial framework of the future.
Last week President Obama spoke to the White House press corps -- and by extension the nation -- to claim that the nation saw job growth of 67,000 jobs in August. Even if this number was real it would be a pitifully tiny percent of the 14,885,000 who are both on unemployment (1 in 10 Americans) as well as those 23,768,000 who are underemployed (working but not earning enough for basic needs -- 1 in 5 families).
The bigger problem for the president, however, is that the number isn't real. The fact is the nation saw 114,000 people added to the unemployment lines in August and the net jobs lost for the month sat at 54,000.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
6 comments:
He has the same problem alot of other career politicians has and that is that he is out of touch with reality.He has never had to actually roll up his sleeves and work for a living,nor has he any experience in operating a business and meeting a payroll.So yeah he is pretty clueless about the struggle of ordinary people and how the economy is hurting them
what I want to know is why does this clown keep going on the "The View"? Doesn't he have better things to do? Like... for example... running a country???!?!?
I think we have been in a depression since 2008. It was bad under Bush, but it's worse under Obama. I don't just blame the Democrats for this mess. I think both parties are to blame! Globalism and free trade has finally taken its toll on this country! It may take another revolution or a Civil war to get us out of this mess! Our government has stopped listening to the the people. Both parties don't represent us any more. Career politicians are part of the problem. There should term limits for all branches of government!
You should blame the Democrats they caused it. Under Bush we were great until the Pelosi, Reed take over blame yourself for voting for them.
totally agree with 9:22
I think Obama, wife and family and his islam friends should go back to where they came from, and, preach their stuff there and leave the USA and the citizens alone
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