Filed under: Capitalism, Democrat Corruption, Domestic Policy, Economy, Election 2014, Politics | Tags: A Year of Action, Blameless & Lawless, No New Ideas
President Obama’s in his weekly address, called for “A Year of Action.” He visited a company in Raleigh, North Carolina that makes electric motors that might save businesses money on energy costs and cut “harmful [but nonexistent] carbon pollution.” He said it was part of his push to make America home to more high-tech manufacturing to make America more attractive for good jobs for the middle class.
Then he added these shameless whoppers:
And increasingly, we are. Thanks in part to our all-of-the-above strategy for American energy, for the first time in nearly two decades, we produce more oil here at home than we buy from the rest of the world. We generate more renewable energy than ever, and more natural gas than anybody. Health care costs are growing at their slowest rate in 50 years – due in part to the Affordable Care Act. And since I took office, we’ve cut our deficits by more than half.
So we are primed to bring back more of the good jobs claimed by the recession, and lost to overseas competition in recent decades. But that requires a year of action. And I want to work with Congress this year on proven ways to create jobs, like building infrastructure and fixing our broken immigration system.
Our booming production of oil has nothing to do with his “all-of-the-above” strategy. It is entirely produced by private enterprise on private property in spite of all his efforts to shut down any possibility of drilling. Health care costs are not slowing because of the ACA, but because of the recession and new diagnostic tools and new drugs saving lives. And the deficit was cut by the sequester. Other than that, he will act on his own to create opportunity and jobs, fair shot to get ahead, infrastructure, jobs lost to overseas competition (in other words don’t blame him), and a Year of Action— and he firmly believes this can be a breakthrough year for America. He’s focused on that every single day of this year.
Clueless. Utterly clueless.
Filed under: Capitalism, Democrat Corruption, Domestic Policy, Economy, History, News the Media Doesn't Want You to Hear, Progressivism | Tags: 'F' in Economics 101, No New Ideas, Spectacularly Bad Speech
I cannot listen to Obama speeches any more. I just can’t. Things are not going well for the struggling Obama administration, with more scandals, more failures, more lies and more coverups. So Obama turns, as is his wont, to campaigning. That is where he is happiest and most confident— with teleprompters, a large friendly audience, and lots of applause.
That the chief executive of the nation should, perhaps, be back in Washington, trying to persuade the reluctant — in his own party and among Republicans — has never occurred to him. He is, after all, president of all Americans, not just the Democrats. What transpires in Washington is supposed to be the result of deliberations between the parties — to do what seems to be the best result for all of the people. The president is not elected just to get his own way.
Mr. Obama accuses Republicans of standing in his way and says frankly that if Congress isn’t cooperating, he’ll act on his own, and if he can’t act on his own he will enlist others — CEOs, philanthropists, college presidents, labor leaders (all those folks he just demonized as unfairly making too much money) — to get his way. Whatever he wants is right and others are not allowed to disagree. He does not appreciate disagreement.
Well, what did we expect. His only real experience was as a community organizer, who is trained in the methods of manipulating people to get his way.
Lots of “straw men.” A straw man is when you say, for example “every credible economist” will tell you it’s been a huge drag on this recovery. Who is the every credible economist, specifically? They don’t exist. “It’s” been a huge drag on the economy? What’s “it’s?” Why, it is the terrifying sequester which reduced the gains in spending for this year to where they had been last year. It has not been a drag on the economy, much as the president ordered assorted agencies to whine and create problems for the public to create that impression.
After five years, there is nothing new. Nothing. There is no new idea. He has rephrased all the things he said before so many times. There is no substance. One of my favorite bits:
So you add it all up, and over the past 40 months, our businesses have created 7.2 million new jobs. This year, we’re off to our strongest private sector job growth since 1999.
Our businesses have created 7.2 million jobs, but we now have 15 million more people on food stamps. We have 20 million unemployed and the real unemployment rate is 14.3%. But the president added:
Or they’ll bring up Obamacare — this is tried and true — despite the fact that our businesses have created nearly twice as many jobs in this recovery as businesses had at the same point in the last recovery when there was no Obamacare.
Our businesses have created nearly twice as many jobs precisely because of ObamaCare, which has forced thousands of businesses to cut back their workers from full-time to part-time to avoid the higher insurance costs mandated by ObamaCare, and thereby creating twice as many jobs. It’ just that they are all part-time. Hell of a way to create jobs.
If you recall, the root cause of the recession was the collapse of the housing bubble, or if you prefer, instead of “root cause” call it the “last straw.” The government was so determined to get everyone into their own houses whether they could afford it or not, that they forbade banks to disqualify people who could not pay back the mortgages. That frenzy — it was so easy to get a mortgage on a house — led to an excess of “flipping houses,” which also led to the collapse. I hear ads on the radio every day offering to teach you how to flip houses once again. And Barack O’Blameless, as a community organizer, was pushing his people to protest at banks, protest at bankers’ homes to force bankers to give loans to people, who by the normal prudent rules of banking, would not be given mortgages because they could not afford to pay them back.
Did he learn anything from what he has continuously called the Worst Recession since the Great Depression? Apparently not.
I’m also acting on my own to cut red tape for responsible families who want to get a mortgage but the bank is saying no. We’ll work with both parties to turn the page on Fannie Mae and Freddie Mac, and build a housing finance system that’s rock-solid for future generations.
It was a dreadful, dishonest speech, and truly depressing. That said, I would urge you to read it, so you’re not taking my word for it. He is not focused on the economy, it’s the same old tired idea that for the economy to recover, we have to build new infrastructure, invent new products to be manufactured, educate the dumb people so they can get one of the new jobs that will arrive by magic if we just have new infrastructure, new products, new factories and a newly educated workforce.
This is not how you fix the economy. He would do more for the economy and more for his personal approval rating if he just approved the Keystone XL pipeline and the 20,000 jobs that offers, and the innumerable thousands of spin-off jobs.