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Pres. Barack Obama's Next Move - Page 47

Obamanomics strike again: unemployment 9.6%

Unemployment is heading in the wrong direction, creeping up to 9.6 percent further demonstrating that Obama's tax and spend and spend and spend plan has not worked. The President's approval rating is tanking as a result - all in all, just another crappy month of Obamanomics. Ref. Source 7

Move Obamas Barack Pres

Remember "The Summer of Recovery"...the press has seemed to forget as well. And still, with the unemployment increasing, the President still has the audacity to sit there and tell us that things are better and there is job creation. Oh...and if I click my ruby red slippers together three times and say that there is no place like home...there is not place like home...the economy and my retirement accounts will revert back to 2006 levels. This is tantamount to a "mission accomplished" banner and there is little talk about it...tell me there is no bias.

Pres. Barack Obama's Next Move History & Civil Business Politics

That's called "cognitive dissonance" - you hear one thing (Recovery is Here! ) but you experience and see another perspective (High unemployment, stock market still crazy, home foreclosures rising, etc).

And it's a favored technique among politicians of every stripe, in every country. Some people actually believe it, because they want to hope for the best, or because they really think that a certain politician is the be-all, end-all of wonderful and desperately hope they are right so they can keep on liking him/her. As it is with Obama, in many cases. All that happy speech is just a ploy to keep those who still believe in him still believing.

Page 47 Move Obamas Barack Pres

I think I will start to refer to it as the adminstration's new program called "The War on Math". Where you can take a positive number and add a negative number to it and wind up with yet a higher value that what you started with! Why should we let those mathematical constitutionalists box us into corners we don't like?

My only issue is that if this was Bush and his adminstration kicked out something called "The Summer of Recovery" and at the end of summer there was higher unemployment...they would have roasted Bush in the media and heckled by every comedian. However, with the current adminstration, the media still has a total crush on this guy and everyone is afraid to say anything slightly negative for fear of being labled racist.

Edited: Vincenzo on 7th Sep, 2010 - 9:00am

Move Obamas Barack Pres

Facing Poor Unemployment, Foreclosure & Bankruptcy Rates, Obama Campaigns on Economy in Lead-Up to Nov. Midterms

It's the economy, stupid. As President Obama faces devastating unemployment, foreclosure and bankruptcy rates, with no end in sight, he's begun a ten-week campaign around the country leading up the November midterm elections. We speak with John Nichols, the Washington correspondent for The Nation magazine, who says Obama should borrow a page from FDR and call for economic justice. Ref. Source 2

Pres. Barack Obama's Next Move

Obama to introduce $200 billion business tax cut:

In another move aimed at stabilizing the still-shaky economy, President Barack Obama on Wednesday will introduce a new $200 billion tax cut giving businesses across the country an incentive to buy new equipment in the short term, according to a senior administration official. Ref. Source 6

Pres. Barack Obama's Move - Page 47

Obama Fights to End Bush Tax Cuts for the Wealthy, GOP Pushes Back

There's a battle looming in Washington over the future of tax cuts for the wealthy. The cuts enacted by President Bush are set to expire at the end of the year. Republicans, led by House Minority Leader John Boehner, have called for extending the $700 billion in tax breaks for the rich. But President Obama strongly criticized the GOP and emphasized his opposition to extending the tax cuts. We speak with Pulitzer Prize-winning investigative journalist, David Cay Johnston. Ref. Source 9

Pres. Barack Obama's Move Politics Business Civil & History - Page 47

Obama Has Discovered People Can't Eat Hope
By Gary Younge

The fact that the best hope for the Democrats in November's midterm elections is for Republicans to select candidates so ridiculous and reactionary that voters have no choice but to vote Democrat lays bare the parlous state of American electoral politics. Ref. Source 6