American Elephants


President Obama Is Going To Pivot To Job Creation. Really? by The Elephant's Child

usjobs4_1777916b

The American people have been remarkably clear. They are worried about jobs and the economy, while their government is busy doing other things. President Obama has been pivoting to jobs, focusing on jobs, pivoting to a jobs tour, and focusing on jobs creation. The Worst Recession since the Great Depression ended, officially, in June of 2009. It was a sharp downturn, caused by the collapse of the housing bubble and subsequent turning bad mortgages into bad investment vehicles. But the official end should have had things starting to turn up. Didn’t happen.

The jobs crisis is far worse than official data show. Based on the U-6, the government’s alternative unemployment measure, joblessness is now at 14.3%. The BLS puts out several “alternative measures of unemployment. The U-6 gauge adds to  ordinary unemployment those who are discouraged and have stopped looking, part-time workers who want full-time jobs and those who are “marginally-attached” to the workforce. So the real rate of unemployment is about 14.3% — nearly two-thirds higher than when the recession began in December 2007.

Remember that the population is growing all the time. Investors’ IBD-TIPP poll has shown consistently over the past five years that the total number of those who don’t have full-time jobs but want them has consistently hovered above 20 million. And, IBD says, it won’t get better. ObamaCare, as recent surveys of employers indicate is one of the most efficient job-killers ever signed into law.

To that, you must add layers of regulation, higher taxes on entrepreneurs and soaring debt that will drain capital from private enterprise for decades to come. The biggest role in holding back the economy is played by the government.  The progressive wing of the Democrat party despises business, and plans to regulate, tax and control the economy into doing their bidding. Job creation begins and ends in a healthy profitable private sector, not with big government and welfare handouts. They don’t like business, they don’t like profit which they believe to be unnecessary, and they hold themselves in such high esteem that they are sure that an economy controlled and regulated in tune with their ideas will be much better for everyone. But as Margaret Thatcher used to say “Sooner or later you run out of other peoples’ money.”

Doug Ross has assembled some startling economic facts that you won’t see in the mainstream media. The United States was once ranked at #1 in the world in GDP per capita. Today we have slipped to #14. Since the year 2000, the United States has lost a staggering 32 percent of its manufacturing jobs.

But never fear. Scandals and investigations can be set aside: the president is once again going to pivot to jobs, refocus on jobs, make a big jobs speech on Wednesday, focus on job creation, turn his attention to the economy, pivot to jobs as a key theme, and pivot to jobs creation. The NRCC assembled a list of 11 predecessor pivots. We are told that “this moment is so important that you won’t want to miss it,” he’s taking Air Force One to Knox College in Ohio, (they must be having a summer session) once again.

Obama will trot out another bit about how Washington (the GOP) “has taken its eye off the ball on the most important issue facing the country.”Hmm, it was Obama who abandoned his promised focus on jobs right after the election, spent months pushing gun control, decided immigration was the big item and pushed the Gang of Eight Bill, decided to give a major speech on climate control, and is now off on a race tangent.This is supposed to be one in a series of speeches on the economy before the Obamas depart for Martha’s Vineyard and another expensive vacation.

The president deeply believes in his ability to persuade. After all, that’s what community organizers do. But he also believes deeply in an ideology and policies that naturally lead to the City of Detroit’s bankruptcy filing. If he wants to create jobs, he’s going to have to change his mindset, and that he will not do.

The administration does not know how to create jobs. After five years that should be clear. Their natural instincts and most basic beliefs do not allow them to do the things that job creation would entail. Cut taxes? Eliminate unnecessary regulation? Encourage more cheap and abundant energy? Rein in the EPA? Encourage profit-making? Insist that welfare applicants who are able search for work? You must be joking.



We’re Getting Into Some Strange Territory Here! by The Elephant's Child

582881_23352279.preview

Americans do not currently have much confidence in their institutions. Their approval of Congress has dropped to a dismal 10%, according to Gallup. This is the lowest point on record, but approval has been stuck below 30% for years. It reflects a divided Congress with a Republican House and a Democrat controlled Senate who disagree sharply on policy. Gridlock can be a good thing. Americans approve of the military (76%); small business (65%); and the police (57%); organized religion (48%); the presidency (36%); the medical system (35%); the Supreme Court (34%); the public schools (32%); criminal justice (28%); Banks (26%); the press (23%); Organized labor (20%); HMOs (19%); and Congress (10%). It wasn’t asked to what extent Americans approve of the IRS, or the State Department, the EPA, or the Energy Department,  or the CIA.

Americans have told their government over and over that they care about jobs and the economy. Nobody seems to be paying attention, which probably has something to do with the lack of confidence. Accompanied, of course, by the long list of scandals.

Obama has promised to halt the rise of the oceans, heal the planet, and stop global warming in its tracks by eliminating carbon pollution. That’s on his “To Do List,”as he has told us repeatedly.

Now, we learn from Britain’s Independent, that the CIA  (the Central Intelligence Agency) is backing a $630,000 study into how to control global weather through geoengineering. The CIA is helping to fund a study by the National Academy of Sciences (NAS) that will investigate whether humans could use geoengineering —which is defined as deliberate and large-scale intervention in the Earth’s climatic system — to stop climate change.

The NAS website describes the study as an investigation into “a limited number of proposed geoengineering techniques, including examples of both solar radiation management (SRM) and carbon dioxide removal (CDR) techniques.”…

Solar radiation management (SRM) is a theoretical branch of geoengineering which moots the idea of reflecting sunlight in an attempt to block infrared radiation and halt rising temperatures.

The cost of the project is reported to be $630,000, which NAS is splitting with the CIA, the National Oceanic and Atmospheric Administration, and NASA reports say.

He has done the heal the sick bit with ObamaCare. He has scheduled the end of the wars, and since there hasn’t been any warming for 15 years, I guess he could drop confetti from the upper atmosphere to block solar radiation and simply declare success.

The pressure to enhance the presidential “To Do List” must be extreme, for the Navy has announced their enthusiasm for running their ships on non-existent biofuel, and demonstrated that it could be done with a brew of chicken fat and algae. They are trying for green aviation fuel for our fighter jets, and now the CIA is studying up on how to control global weather, which someone believes  influences our national security.

Another recent poll notes that voters like the coal industry better than they like the EPA. Might be useful to keep that in mind.




%d bloggers like this: