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‘The Great Jobs Killer’

July 5, 2010

I believe the stage is set for a catastrophic fall/winter as the reality of the Democrats and Obama’s incompetence comes to fruition. From domestic issues to foreign affairs and especially the economy, it’s gonna get bumpy. Hold on tight.

“The economy is still in the gravitational pull of the Great Recession. All the booster rockets for getting us beyond it are failing.” – Robert Reich, former US Labor Secretary

“Those who don’t remember history are doomed to repeat it…there was a head and shoulders pattern that developed before the Depression in 1929, then with the recovery in 1930 we had another head and shoulders pattern that preceded a fall in the market, and in the current Dow situation we see an exact repeat of that environment.” – Daryl Guppy, CEO at Guppytraders.com

“It’s time to call Obama what he is: The Great Jobs Killer. With his massive spending and tax hikes — rewarding big government and big unions, while punishing taxpayers and business owners — Obama has killed jobs, he has killed motivation to create new jobs, he has killed the motivation to invest in new businesses, or expand old ones. With all this killing, Obama should be given the top spot on the FBI’s Most Wanted List.” – Wayne Allyn Root, Las Vegas Review Journal

“Danger for Democrats as economy slows: This political problem has spurred a fierce philosophical debate inside the Democratic Party over what’s the best medicine for the economy — bigger spending, or cutting deficits. Liberals are clamoring for more money to save the economy, and centrists are arguing there’s no more money to give in the face of trillion-plus dollar deficits.” – Politico

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Categories: Economy
  1. July 5, 2010 at 5:17 PM

    CJ,

    The article by Wayne Allyn Root is instructive — as is a series of comments to that article by some benighted soul rejoicing in the name “ray.gun” and spouting the usual drivel about Bush and the Republicans destroying the economy and Obama having to rebuild it.

    I attempted to respond to this rancid bilge water but tired of the “register-login-comment” cycle and moved on.

    My main talking points was to be the economic snapshot you encapsulated on this site for November 2008. I fondly recall your doing a series of posts on the declining economy replete with graphs, numbers, etc.

    Anyway, I ramble. To the point: we need to assemble a simple, straightforward collection of these facts as a one-URL-fits-all refutation of the history rewrite that will be attempted by the great brainwashed in the coming two years before the 2012 election.

    More to come via secret comm channel; tune in your radio to the clandestine frequency.

    ~TWP

  2. July 5, 2010 at 8:17 PM

    Not to be morbid, but I believe our economic course is well set. Nothing will save us in the short term. The November elections WILL help (if we win) in the long term but the pain is a done deal. Fasten your seat belts and the bar charts in the world won’t change that.

  3. July 6, 2010 at 4:36 AM

    I was looking at FNS this evening — Dana Perino, whom I adore, was hosting for Greta Van Sustern — and they brought up the Bush tax cut expiration this coming December.

    Oooooh baby! It ain’t getting any easier for Big Chief Wee-Wee, is it? If he let’s them expire, he faces the prospect of having the Republicans make an issue of it and, if they are in control, put up a bill to extend them (with a smidge of sympathetic Dem help) and he is faced with vetoing it. If he does and the economy stays bad or really tanks, then he is toast.

    But if he passes it or engineers an extension and the economy improves, then people will get the fact that his and Pelosi’s policies are a failure and the GOP had it right all along.

    Like RoboCop said, “Your move, creep!”

    (..say, that’s pretty good for off-the-cuff; I think I’ll borrow it for a post!)

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