Just when you think it can't get any worse, it gets worse:
The United States is likely to average 95,000 more jobs each month this year, while personal savings will remain high as credit remains tight, according to a White House report released Thursday.
Right. And tomorrow I'll have an NBA contract and a positon at low post guarding Shaq...
The Council of Economic Advisers also trumpeted the $787 billion economic stimulus package which it said has saved or created about 2 million jobs.
Blah, blah, blah, jobs saved. Woof, woof, woof, jobs created...
Recognizing voters were likely to hold Obama to account for the economy, the White House team cast blame on their predecessors and unpopular Wall Street bankers.
There's something we haven't heard before... Barack Obama and the White House chorus whining "I blame Bush!" And which bankers are we talking about, because as we discovered yesterday, not all bankers are unpopular with Barack Obama. In fact, he likes the saavy ones...
And that 95,000 new jobs a month thingy, well, it's gonna make everything alright:
Indeed, even adding an average of 95,000 jobs each month, unemployment is likely to remain around 10 percent through this year and not fall below 6 percent until 2015. And while Americans are likely to save more for big-ticket items such as homes or cars, it means a slower recovery for a nation that has lost 8.4 million net jobs since this recession began in December 2007.
There you have it, kids. Barack Obama's idea of good news means we won't break 6% unemployment until half-way through Sarah Palin's first term.
Hopey Changey, baby. Gotta love it.
"The Council of Economic Advisers also trumpeted the $787 billion economic stimulus package which it said has saved or created about 2 million jobs."
Can you even imagine the convuluted calculations one has to go through to come up with that number? On other sites I've pointed out that at the beginning of 2009 the White House predicted we would have lower unemployment than we currently have. Because they blew that why should we believe any employment related numbers they put out.
Posted by: jcw | February 11, 2010 at 02:10 PM
I read that the increase of 95,000 jobs per month won't even keep up with population growth, so this effectively mean a net job loss.
Pretty pathetic, either way.
Posted by: JeffS | February 11, 2010 at 02:48 PM
Hey, they saved or created so many jobs they had to create whole Congressional districts no one can find just to hold them!
Posted by: richard mcenroe | February 11, 2010 at 03:09 PM
It's like those global warming calcuations!
Posted by: Eric Blair | February 11, 2010 at 03:20 PM
Yannow, the more I read and hear the blather coming out of DC the more I'm beginning to wonder exactly which planet/alternative universe Democrats are on/in. They can't POSSIBLY be talking about the USA, circa 2010.
Posted by: The Watcher | February 11, 2010 at 03:57 PM
Democrats/liberals have so many internally illogical positions that they CAN NOT admit that a single event didn't work out as planned. Once they've admitted to a single fault, that might mean that they have to inventory their belief system against reality. That would definitively be a FAIL.
Has a single Dem copped to the fact that Dan Rather got caught lying? Nope.
They know that when building a house of cards, removing one card brings down the whole deck.
Posted by: just passin by | February 11, 2010 at 05:57 PM
Reid knows houses of cards these days are built out of steel, glass and lots of neon. Removing one card gets you condemned, much like Obama was recently over Las Vegas jobs he allegedly put at jeopardy with his selective moralizing--- until he changed hi$ mind...
Posted by: churrigueresco | February 11, 2010 at 09:39 PM
Right we all know it's Dan Rather's fault...or Bill Clinton's or somebody's but it couldn't be the guys who actually outsourced the jobs and damn near destroyed the economy with their idiotic idealogy could it?
Why if we could only end the estate tax once and for all that'd create jobs! Just ask Chuck Grassley.
Posted by: Lefty | February 11, 2010 at 09:53 PM
"damn near destroyed the economy"
How many times did Bush go to Congress, asking them to reign in Sallie Mae and Freddie Mac?
You may have the attention span of a mayfly, but we sure as hell don't.
Posted by: Randy Rager | February 11, 2010 at 10:05 PM
Which pretty much means that Dems own the economy, or shambles thereof, for the the foreseeable future.
Deal with it.
Posted by: Randy Rager | February 11, 2010 at 10:06 PM
Randy... in case Lefty can't do the math, not once, not twice, but eighteen times...
Posted by: richard mcenroe | February 11, 2010 at 10:16 PM
Thus spake Lefty:
"idealogy"
This stuff really does write itself.
Posted by: David | February 11, 2010 at 10:19 PM
How many times did Bush go to Congress, asking them to reign in Sallie Mae and Freddie Mac Randy? Let's see the news articles quoting him or You Tubes if you got 'em. C'mon I'm sure you can back it up.
The first thing I get when I google "George Bush home ownership" is this speech he made to the Department of Housing and Urban Development on June 18, 2002.
A few excerpts:
So I've set this goal for the country. We want 5.5 million more homeowners by 2010...
I'm going to do my part by setting the goal, by reminding people of the goal, by heralding the goal, and by calling people into action, both the federal level, state level, local level, and in the private sector.
The third problem is the fact that the rules are too complex. People get discouraged by the fine print on the contracts. They take a look and say, well, I'm not so sure I want to sign this. There's too many words. (Laughter.) There's too many pitfalls. So one of the things that the Secretary is going to do is he's going to simplify the closing documents and all the documents that have to deal with homeownership.
It is essential that we make it easier for people to buy a home, not harder.
There's some people out there that can fall prey to unscrupulous lenders, and we have an obligation to educate and to use our resource base to help people understand how to purchase a home and what -- where the good opportunities might exist for home purchasing.
So this is an ambitious start here at the federal level. And, again, I repeat, you all need to help us every way you can. But the private sector needs to help, too. They need to help, too. Of course, it's in their interest. If you're a realtor, it's in your interest that somebody be interested in buying a home. If you're a homebuilder, it's in your interest that somebody be interested in buying a home.
...
And so, therefore, I've called -- yesterday, I called upon the private sector to help us and help the home buyers. We need more capital in the private markets for first-time, low-income buyers. And I'm proud to report that Fannie Mae has heard the call and, as I understand, it's about $440 billion over a period of time. They've used their influence to create that much capital available for the type of home buyer we're talking about here. It's in their charter; it now needs to be implemented. Freddie Mac is interested in helping. I appreciate both of those agencies providing the underpinnings of good capital.
http://www.hud.gov/news/speeches/presremarks.cfm
Now excuse me but that doesn't sound like Bush asking Congress to rein in anybody does it?
Posted by: Lefty | February 11, 2010 at 11:17 PM
You're dumber than fucking dirt, Lefty. Or you're lying. Or you think we're dumber than fucking dirt and won't catch you lying. Any way you slice it, your argument is fucked.
Just because you don't know how to type "George Bush Sallie Mae Freddie Mac" into a search engine (that's the proper way to run a search string on this subject, you abject douchenozzle) doesn't mean we can't manage that awesomely difficult task.
Let's look at the number one listing on Bing! and see what we find:
http://gatewaypundit.firstthings.com/2008/09/bush-called-for-reform-of-fannie-mae-freddie-mac-17-times-in-2008-alone-dems-ignored-warnings/
That thing you're holding in your hands? It's your ass, with a plate full of trimmings, courtesy of Gatewaypundit, who, unlike you, can at least read a White House press release.
Item 2 is a rather interesting Wikipedia article. You should read it. That you might learn something is a bit of a longshot, but at least you'll be doing something other than annoying your betters. Which, last I checked, included damned near everyone.
Item 3 is Bucksright handing you another plate of your ass with a plate of trimmings.
http://www.bucksright.com/bush-proposed-fannie-mae-freddie-mac-supervision-in-2003-1141
I could go on, but I'm sure the links would trip some sort of spam filters, and besides, if I keep showing you just how much of a retard you are, you might actually become ashamed of being so abysmally ignorant and begin correcting that problem.
Lord knows I wouldn't want a fair fight or anything.
Posted by: Randy Rager | February 11, 2010 at 11:54 PM
Lefty,Mark,Elliot...whatever you're calling yourselves these days...
Once again you don't have either the intelligence or personal dignity to address the point.
The fact of the matter is that once YOU admit that Dan Rather got caught lying re:Bush's military service, then by logic you have to question everything that CBS, your perfessers, and every other organ of liberal propaganda has fed you over your life.
And once you've honestly done that, you are going to understand how utterly full of shit you are.
Posted by: just passin by | February 12, 2010 at 12:15 AM
The PRC government is more honest about job numbers than these bozos.
Of course, the PRC government doesn't really stand for election, either.
Posted by: Mike C. | February 12, 2010 at 04:51 AM
You're citing gateway pundit and some clown named bucksright to refute Bush's own words Randy? Really? Well let's look at what old gateway pundit has to say. What's this? He simply cuts and pastes a late September 2008 ass covering Bush Administration press release. Shit I thought even the dumbest wingnut stopped believing what the Bush Administration had to say about 2 years ago.
Regardless genius why didn't the Republican controlled congress for most of the Bush years do anything about it?
Posted by: Lefty | February 12, 2010 at 09:56 PM
just passin by your point is long gone. George Bush was AWOL from his unit back in Alabama and then in Texas. Dan Rather and his producer got suckered by a guy who phonied up papers he knew existed at one time. For their trouble Rather and his producer got fired from their jobs. Does anyone watch CBS News anymore? Hell no one was watching CBS News then.
Why are you still bitching about this? Didn't you get the memo? You're not supposed to acknowledge that George Bush ever existed let alone try to defend him.
Posted by: Lefty | February 12, 2010 at 10:13 PM
Dan Rather couldn't have been suckered because the CBS document experts TOLD Rather that the forgeries were indeed most likely forgeries. Rather went ahead with it. The CBS report is online.
The only sucker is the one that still can't admit what lying trash Rather and the rest of the Dem Commissars are.
Which is exactly the point; you run with whatever story the DNC hacks feed you and don't even bother paying attention to how these stories contradict each other.
Posted by: just passin by | February 13, 2010 at 03:37 AM
There is no contradiction, if there was the story wouldn't have been plausible.
Bush got into the "champagne unit" of the TX Air Nat'l Guard like so many others because of his father's political connections even though he finished in the bottom 1/4 on his qualifying test. He got bored after awhile and failed to show up for his training. When he got a job on an Alabama senatorial campaign (which he also pretty much went AWOL from) he was transferred to a AANG unit. He didn't show up there either.
Was it a big deal at the time? Apparently not or the TANG might have done something about it. It was the end of the Vietnam War. He was trained to fly useless obsolete F-102s. He'd never expressed interest in continuing a flying or military career and seriously fucking with the sons of politicians (like demoting them to private and shipping them off to a combat zone in SE Asia) wouldn't be a good career move for his superiors. That's what happened just flying by and it's old, old news. You're never going to clean up Bush's reputation. He was a lazy shit then and shirked his duty, he was lazy shit as president and shirked his duties and he's a lazy shit now. Get over it. Dan Rather has moved on. Why don't you?
Posted by: Lefty | February 13, 2010 at 12:45 PM
Bush met all point requirements for his service. The only people that don't think so are the people still quoting from the "fake but accurate" forged documents.
And keeping you on point is impossible.
The minor point is that the story that Rather told, and that his willfully ignorant supporters slurped up, changed every time he was questioned. Rather is a liar, and anybody that believes him is an idiot.
The major point is that Rather is a microcosm of the entire dishonest leftist propaganda machine.
YOU can't flat out admit that Rather lied, because at that point you'd have to examine every other lie you have swallowed and then parroted with such gleeful abandon over your entire life. Then you'd have to start looking at Obama's lies, Pelosi's lies, CNN's lies, Chomsky's lies, ad infinitum.
Admit one lie and your whole wretched existence becomes nothing more then a lie itself, which is exactly why you're screeching about Bush, rather then examining Rather.
So, it all comes down to this;
Did CBS's own document specialists tell Rather & Mapes that his "evidence" was most likely forged, or not?
Did Rather then run with something he knew was a forgery, or not?
Posted by: just passin by | February 13, 2010 at 02:40 PM
Lefty, you fail to convince me that you know how to comprehend what you read.
My point stands, you lose, buhbye.
Posted by: Randy Rager | February 13, 2010 at 03:20 PM