One of the shining qualities of Creepy Uncle Joe, the current Vice-President, is that he will occasionally let the truth slip from his mouth.
Yup, the past six years have been really, really hard for America. That is what you get for letting an admitted socialist run the federal executive branch.
Clearly, the so-called “economic policy” of our Dear Leader and the Congressional democrats have hindered economic growth, which is not a surprise to anyone paying the slightest bit of attention. It’s a tribute to the robustness of the American economic engine that there has been any growth under the Obama regime’s anti-growth policies of massive tax hikes, “wealth distribution”, and record setting levels of crippling federal debt ($18.1 Trillion and climbing).
As we enter the sixth year of our Dear Leader’s “Occupy the White House Golf Tour”, let us review some numbers from the past five years.
In 2008, there were 145 million Americans in the work force, 79.4 million Americans not in the labor force, and the federal debt was $9.4 Trillion.
Today, in early 2014, we have 145 million Americans in the work force, 91.8 million Americans not in the labor force and a federal debt of $17.3 Trillion.
So in five years there has not added any new Americans to the labor force, but there are 12 million more Americans who could be in the labor force who are not, and the federal debt has increased by $7.9 trillion.
So new jobs created over the past five years is zero. As you have often heard every times the new unemployment numbers come out, the US economy needs to create 120,000 jobs a month just to cover new workers entering the work force. Over five years, that comes to 7.2 Million jobs. Given that the number of Americans in the work force has remained flat, the Obama Economy has not only failed to create any new jobs, it has actively removed jobs. This is an appalling performance, especially since the last recession ending in mid 2009, so for most of the last five years, American should have been in an economic recovery. A period were traditionaly there is not just job growth, but rapid and strong job growth. That has been the pattern in every recession/recovery for the past 100 years. This includes the recession of the late 1970s, which was the worst recession since the Great Drepression and the roaring recovery that occured in the early 1980s. Why is is the Obama non-recovery from the second worst recessionthe sole exception to economic history?
Besides rooms for sleeping, the 12 members of the House of Representatives rented their hotel’s fireplace-equipped presidential suite and two adjacent rooms. The hotel cleared out the beds and in their place set up a bar, a snack room and office space. The three extra rooms — stocked with liquor, Coors beer, chips and salsa, sandwiches, Mrs. Fields cookies and York Peppermint Patties — cost a total of about $1,500 a night. They were rented for five nights.
While in Scotland, the House members toured historic buildings. Some shopped for Scotch whisky and visited the hotel spa. They capped the trip with a dinner at one of the region’s finest restaurants, paid for by the legislators, who got $118 daily stipends for meals and incidentals.
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The tour provides a glimpse of the mixture of business and pleasure involved in legislators’ overseas trips, which are growing in number and mostly financed by the taxpayer. Lawmakers travel with military liaisons who carry luggage, help them through customs, escort them on sightseeing trips and stock their hotel rooms with food and liquor. Typically, spouses come along, flying free on jets operated by the Air Force. Legislative aides come too. On the ground, all travel in chauffeured vehicles.
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The cost they reported for such travel abroad was $13 million in 2008, a 70% jump from 2005, according to a Wall Street Journal analysis of travel records. Lawmakers don’t have to report the cost of domestic travel when the government pays. The $13 million didn’t include the expense of flying on Air Force planes, which lawmakers don’t have to disclose.
Unemployment hits 9.4 percent. President Obama flies to France.
Joblessness reaches 9.7 percent. Obama jets off to Denmark.
The rate of those out of work soars to 10.2 percent. Obama packs his bags for Japan, Singapore, China and South Korea.
Faced with the worst domestic economy in decades, the president has responded — by setting a record for foreign travel.
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[…] Obama was safely over Canada when his Treasury Department announced another record monthly budget deficit.