Filed under: Capitalism, Economy, Progressivism | Tags: Democrat Corruption, Economics, Politics
The much anticipated jobs report was released today. 247,000 more jobs have been lost, but “the rate of job loss has dropped from 9.5 percent to 9.4 percent”— because 422,000 quit looking. This was heralded across the airwaves as a great sign of economic recovery. This is known as spin.
The economy is still in the doldrums with 6.7 million jobs lost since December of 2007. 14.5 million are currently unemployed, with all sectors of the economy affected.
The president’s agenda, however, is focused not on jobs, but on passing, at all costs, a health care bill about which the biggest questions are how to pay for it, since the Congressional Budget Office has said bluntly that we can’t afford it.
Democrats are talking about a middle class tax hike (Robert Gibbs denies it, but they simply cannot squeeze enough money from “the rich” to pay for it). They are talking about a value-added tax, which just raises the cost of everything. They are trying to think of all sorts of things to tax, apparently unaware that people who do not have jobs aren’t able to pay a lot of taxes, and what taxes they do have to pay only harm them.
Democrats are also considering what taxes and mandates to inflict on employers, apparently unaware that raising the cost of doing business during a recession simply means more layoffs and more business failures. But economics has never been one of the Democrats’ strong points.
And once they get the new airplanes approved, and the cash for clunkers out there to destroy the used car business, and the health care reform bill passed, then they want to pass a cap-and-trade bill which will raise not only the cost of energy, but of everything you buy. They’re estimating that at something like $3,000 -$4,000 per household per year.
But you must take care, because they don’t want any criticism, and they don’t want to answer any unfriendly questions, and they especially don’t want to be told that they have to read the bills.
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