Friday, April 3, 2009

Obama's Recession Saving Plan: USA 8.5% Michigan 12% Unemployment

The so-called stimulus package was signed the day after Presidents Day, 2009. That's February 17, 2009. David Axelrod, Obama's top advisor is quoted as saying that we'll see an immediate slowdown in layoffs and an immediate appearance of shovels in the ground.

It is now April 3, 2009. Nearly six weeks after Axelrods statement, and unemployment has risen to 8.5%.

On February 17, 2009 at the Best Western in Western Lansing, Michigan, Representative Mark Schauer said that for every day that the stimulus package isn't signed, we lose 20,000 jobs. The bill was signed that day by Obama in Denver, Colorado. Since then, we've had announcements of job losses at 698,00 and the latest, 633,000.

Taxes have increased, after Obama said that it's not smart to raise taxes in the middle of a recession. Taxes are going to increase again a few times over the next year.

Yesterday, the Congress passed a $3.6 Trillion budget (See the sidebar for the amount of money spent thus far in Obama's administration).

It's very evident that Obama's plan for rescuing the economy is not working. So what is he doing during this time? He's in Paris, France telling the French that America has been arrogant.

I'm really sick of this guy taking our money for his own purposes, his own projects and having them fail and then him apologizing to Europe for America's past action.

Our unemployment rate is now at its' highest level since 1982. Do you remember 1982? We had double digit inflation, double digit inflation rates, and Reagan had just been elected President. He cut taxes, and the nation started on its' path to the longest peacetime growth in history. Reagan fixed Carters mess. Now we have Obama picking up where Carter left off with three more years to add to the Carter follies. This is understandable since it's been reported that Carter has been at the White House advising Obama.

I think we can now say with certainty that Barack Obama has lied along with the willing press, during the campaign, and that he has moved to socialist policies. We're now going to find out what would have happened if Carter had beaten Reagan. Obama is continuing Carters policies 28 years after the American people rejected Carter.

You're welcome to comment.


1 comment:

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