Sunday, March 14, 2010

Show Me The Jobs

US Whig poster showing unemployment in 1837
Image via Wikipedia


Show Me the Jobs

Apparently, the new White House economic strategy involves repeating delusional falsehoods to themselves in the hopes that by some cosmic operation of the laws of attraction, those falsehoods will suddenly become true.  The Obama administration clings to the hope that their mega-spending bill and other championed spending measures (Cap & Trade and Healthcare) will defy laws of economics and somehow prevent or reverse rising unemployment ranks.  June saw a job loss of almost a half-million people and the global stock markets fell as investors around the world seriously begin to doubt the bafflingly roseate White House rhetoric.  The administration has seemed to come to terms, however, with the fact that the unemployment rate will certainly reach 10% in the next several months.  There is all the reason to believe that this figure will also be surpassed.

One might think that if Democrats really understood or cared about our livelihood, they would compromise their tremendous spending demands so as not to further compound the sacrifice of the American people.  In fact, the only people who are not sacrificing in this worrisome economic time are those in Washington D.C.

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