Yeah, when you keep trying to fit a square socialist peg of job fabrication into a round free market American hole of job creation, you’re bound to get exhausted before long.
unemployment
Obama Changes Tune on Paying for Unemployment Benefits Extension – Political Hotsheet – CBS News
In two speeches over the last week, Mr. Obama argued that in the past, presidents and Congresses of both parties have treated unemployment insurance for what it is: an emergency expenditure.
“Suddenly, Republican leaders want to change that,” he said.
He portrayed Republicans as hypocrites for demanding that jobless benefits be paid for but not applying the same standard to their call for an extension of Bush Administration tax cuts that will expire this year.
“So after years of championing policies that turned a record surplus into a massive deficit, including a tax cut for the wealthiest Americans, they’ve finally decided to make their stand on the backs of the unemployed,” the president said last Saturday in his radio/internet address.
But Republicans were quick to remind Mr. Obama what he said after signing a previous extension of unemployment benefits on November 6th of last year.
“Now, it’s important to note that the bill I signed will not add to our deficit. It is fully paid for, and so it is fiscally responsible,” he said.
So eight months ago, he said paying for the benefits was the right thing to do, but now he sees no need to do so.
Asked about the contradiction, White House spokesman Robert Gibbs said he needed to examine what Mr. Obama said last November and would get back to this reporter. He didn’t.
Obama Changes Tune on Paying for Unemployment Benefits Extension – Political Hotsheet – CBS News.
The Associated Press: Govt watchdog criticizes handling of car dealers
YouTube – CBS: Administration’s Trillion-Dollar ‘Stimulus’ Claims “Hard to Believe”
When Catie Couric dares to defy her own god, you know there’s trouble in the White House.
YouTube – CBS: Administration’s Trillion-Dollar ‘Stimulus’ Claims “Hard to Believe”.
Jobless rate reaches 9.8 percent in September – Yahoo! Finance
Persistent joblessness could pose political problems for President Barack Obama, who pushed through an ambitious $787 billion stimulus package in February intended to “save or create” 3.5 million jobs by the end of 2010.
“We still think the overall trend is moving in the right direction,” said Christina Romer, chair of the President’s Council of Economic Advisers. “We’re going from much larger job losses earlier this year. They are moderating. We want them to moderate more.”
Republicans note that job losses have continued despite the stimulus. “Wasteful government spending is not the solution to what ails this economy,” said Indiana Rep. Mike Pence, chairman of the House Republican caucus.
via Jobless rate reaches 9.8 percent in September – Yahoo! Finance.
DEM HEALTH RX A POI$ON PILL IN NY – New York Post
Congressional plans to fund a massive health-care overhaul could have a job-killing effect on New York, creating a tax rate of nearly 60 percent for the state’s top earners and possibly pressuring small-business owners to shed workers.
Average length of unemployment highest since 1948. – WSJ.com
The Bureau of Labor Statistics preliminary estimate for job losses for June is 467,000, which means 7.2 million people have lost their jobs since the start of the recession. The cumulative job losses over the last six months have been greater than for any other half year period since World War II, including the military demobilization after the war. The job losses are also now equal to the net job gains over the previous nine years, making this the only recession since the Great Depression to wipe out all job growth from the previous expansion.
via Average length of unemployment highest since 1948. – WSJ.com.
Black-White Gap in Jobless Rate Widens in New York City – NYTimes.com
Economists said they were not certain why so many more blacks were losing their jobs in New York, especially when a large share of the layoffs in the city have been in fields where they are not well represented, like finance and professional services. But in those sectors, the economists suggested that blacks may have had less seniority when layoffs occurred. And black workers hold an outsize share of the jobs in retailing and other service industries that have been shrinking as consumers curtail their spending.
via Black-White Gap in Jobless Rate Widens in New York City – NYTimes.com.
Some simple math for Barry Little League, hurt the employers and buyers and you’ll always end up hurt the only citizens you care about, your voting handouts.
Low taxes for all is the only way, but leave alone learning in time, you’ll just never learn. 3.5 years to go before we can get some basic IQ back in office.