President Obama says he is focusing on jobs. Is that good or bad? In 2009 and 2010 he said he would “focus like a laser” on jobs. Yet we suffer from the longest high unemployment since the great depression with no end in sight.
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Jobs
Another Wheel Off The Bus
Usually the wheels come off the bus before it goes into the ditch. But here we go. Another wheel falls off the Obama bus. (Must be one of the Dr. Seuss buses, given all the wheels this thing is losing). Obamacare, the Patient Unaffordable and Un-accessible (all we really) Care (about is government power) Act will require another 800,000 Americans to give up their jobs. Put another way, it will cost 800,000 jobs.
So when are Shaheen, Ex-Porter (That’s ex congresspersonista Carol Shea-Porter) and Paul ‘Hot Dog’ Hodes going to come out and clear up the record? They have all argued that the loss of jobs was some right wing fear mongering.
The same CBO the left swore was non-partisan when it claimed the bill would save money, then that it would cost money if we ended it, can’t suddenly be partisan can it?
These are democrats. Of course they can. So should we wait for the "Big Pharma, and Big Health care" bought the congressional Budget Office narratives?
And how will Obama’s Bureau Of Laboring Statistics every hide another 800,000 lost jobs? Though they are doing a fine job with the millions they are hiding now–except from the people who are actually unemployed.
So many unanswered questions.
While you are waiting. Here’s some video courtesy of Town Hall.com (On the jump) where the CBO admits there will be employment casualties in the war for universal coverage. Which makes you wonder what would happen if Obama waged war on universal employment?
My bad. He’s already waging that war.
One more distraction before you jump. Queen, the Band? Song–“another one bites the dust;” change the lyrics to..”another wheel off the bus.” CArry that around in your head until November 2012. Ok. Go ahead. Watch the video. I’ll keep quiet. (for a minute)
Unemployment Update
The US Bureau Of Laboring Statistics calculates the latest rate of unemployment at 9%. We do however have to question the methodology and the real fact that another 300,000 or so people gave up looking for work. Real Unemployment is still in the teens and inflation for food and fuel is rising.
Unemployment- Is the Good News Bad?
The percentage went down to 9.4% for December but is that a good thing? We will have to wait until we get the January numbers to shake out the holiday hiring but overall it is not strong news.
Brunelle’s Road To Damascus Moment?
After four years of defending the democrat budgeting strategy of spend first tax later (during what any democrat worth his donkeys-ass referred to endlessly as the ‘worst recession in history’), NHDP executive director and NH House rep from Manchester Mike Brunelle shows us his new conservative streak.
“No matter who you are, Republican or Democrat, you were elected to work on the economy and jobs. I don’t think the people of Manchester want them to be dealing with these social issues,” said Brunelle. “We need to be focused on the working families in this state. … Anything other than that is beyond frivolous.”
It is all part of their new strategy, as I pointed out here yesterday…
Unemployment Up
For people seeking jobs, that’s not a happy tale to tell. But it’s not the only tale. Texas is creating jobs. And New Hampshire has an opportunity to charge after Texas, even do them one better, and become the beacon of the Northeast. It’s something we need to do. There are people out there looking for work. We just need to give them a reason to come here to find it.
Fun With Paul And Carol
Anyone know if Paul ‘Sugar Daddy’ Hodes and Carol Seiu-Porter have decided to raise taxes yet? That’s what that is you know? If they allow any existing cuts to expire, they are raising taxes. Now I realize our liberal friends don’t see it that way. They look at it like this. Since 2003/2005 the … Read more
Some Advice From Across The Pond
Want to better understand the relationship between public and private sector jobs, tax production and consumption, without sitting through a boring three hour lecture? Here it is an just under six minutes from our friends in England. Now, go explain it to your progressive friends, the ones who have been supporting all those high-paying … Read more
Nothing Fair About It
Every now and people who appear rational find themselves repeating nonsense, usually in the Nashua Telegraph which is one of New Hampshire leading sources for editorial nonsense. This time around it’s a guest commentary from Robert Collinsworth, who has an internet footprint large enough to identify him as an otherwise sensible guy. So why has he taken to the editorial pages to sell the left wing meme that there is a gender/wage gap?
I only bring it up because his reasoning is right out of the liberal weenie play book. Women only make 0.78/$1.00 compared to men. He then asks why Republicans in the US senate are blocking the liberal legislation being sold as a fix, as if we can and should trust this unexplored talking point.
Rather than try explore any one persons motivations or sanity, we should probably just look deeper into the issue, and a Bill that looks like it creates more problems than it solves. (Links and resources on the jump.)
Like most liberal shibboleths Paycheck Fairness is based on incomplete analysis to pander to a bloc of voters the democrats have identified as worthy of their endless grievance mongering. To repeat their talking points is, as far as I can tell, not worthy of Mr. Collinsworth or anyone else.
This is not an issue that can be evaluated strictly on the price paid for an hour of labor averaged across the full spectrum of work and wages. To do so ignores every other factor in life, the free market, and the real danger that the legislative solution being proposed creates.
Inconveninet Truths About The October Jobs Numbers
Jobs numbers are tricky things. Politicians will always tell you what you want to hear and leave out what they don’t want you to hear. So it is no surprise that we are getting the same old song and dance, that "the economy created private sector jobs again." That’s a nice thing to hear, but is it an improvement or are we still arranging deck chairs on the Titanic?
Deck chair anyone?
Unemployment is still at 9.6 percent and despite claims of job growth for ten months, unemployment has been at or above 9.6% for 20 months.
The numbers do not add up.
Feds Play The Lynch Shell Game With Themselves
Taking a page from the John Lynch Playbook, the Federal Reserve is planning to buy 500 billion in treasury bonds. This is the Federal Government taking money from it’s right pocket, putting it in its’ left pocket, then putting it back in the right pocket, and claiming to have 500 billion more to spend.
Lynch-Marched To Who Knows Where
NH Employment Services has released its October report for the most recent New Hampshire jobs data and it’s not good for John Lynch. The state continues to lose its human capital. The granite state shed another 360 workers in August to parts unknown as the post ‘end of the recession’ exodus of our civilian workforce rose to 16,550. So from July 2009 to Aug 2010, 16,550 people gave up looking for work in John Lynch’s New Hampshire, ‘Lynch-Marched’ right out of our local job market. That doesn’t happen in a healthy pro job-growth environment. If John Lynch and the democrats were really doing their political ‘best’ the Civilian work force would be rising as people felt compelled to come here to look for work because more business and industry though of New Hampshire as a business friendly environment. But it’s not. It’s hostile.
Karol Kills Kjobs
Shea-Porter is clinging to the idea that the health care bill she deemed passed will create jobs. But like most progressive undertakings it will destroy two to three times as many jobs as are forced into existence by the distant, egg head, committee appointees in DC. Net loss, ship sinks, economy drowns.
With that in mind Ben Domenech at RedState has this. It suggests the path to job loss created by the bills provisions, you know the ones we can fix later. Of course the taxes created to supposedly pay for the bill, are the ones destroying the jobs. That’s the liberal-progressive equivalent to free market process of creative destruction; it’s just called destruction.
Beware Misleading Jobs Numbers
If New Hampshire only had one person in their workforce, and they had a job, unemployment would be at 0%. Keep that in mind as John Lynch and the democrats short-stroke the September adjusted jobs number around as a sign that they are good for the economy. They are not.
The unemployment number is merely a reflection of how many people are actually in the workforce, versus how many of that number are working. You could manage to create no jobs at all and have unemployment go down simply because the number of people looking kept getting smaller every month.
Well that what’s been happening in the Granite State, so take the news in this mornings paper of a recent decrease in the unemployment percentage with a shaker of salt. John Lynch will want to spin this as John’s economic recovery stage show, but how do you sell that when people are leaving the theater in droves? You don’t tell anyone they are leaving.
Conservative Resonation…Progressive Resignation
Two key points of interest came up in polling over the past week…
[#1] "Voters more likely to see Democrats as dominated by extremists"
Did you hear that Marjorie Smith and Mary Jane Wallner? Did you?
According to The Hill’s 2010 Midterm Election Poll, "likely voters in battleground districts see extremists as having more dominant influence over the Democrat Party than they do over the GOP." I can’t say that I’m surprised but it’s gratifying to see evidence of what you instinctively knew all along.
The difference in this is 7 points: 44% Democrat, 37% Republican. The poll, having a 1.5% MOE, was of likely voters; not from any particular party, not just independents, and not random people, but 4,047 likely voters, living in key-race districts.
The icing on this cake is the fact that 22% of Democrats in the poll said that their party was dominated by "extremists", compared to 11% of Republicans answering the same question….how ’bout that, ladies? (using the term very loosely)
The candy on top of the icing is what Independents said: 43% of likely independent voters thought that the Democrat party was more dominated by "extremists", compared to 37% who felt the same way about the Republican party.
Oh boy! Democrats had better get the burn cream and bandages out, and ready to apply in 14 days.
[#2] "Independents prefer cutting the deficit to spending on jobs"
Nancy Shea-Pelosi On….Honestly I have No Idea What This Woman Is On
Just because it makes no sense: The Speaker of the US House explains how unemployment creates jobs. This is the kind of stupid thinking that Carol Shea-Porter Supports. And After the ‘Every Dollar of Food Stamps nets $1.78 worth of economy” comment, this has to be one of my favorite dingbat, left-wingisms. Hint: The democrat’s … Read more
Not Even A Passable Fraud
Matt has a nice post up at Red Hampshire revealing the disconnect between reality and the fantasy of Paul Hodes. He provides us with a mid-debate tweet from the Hodes campaign…
…and then offers us the evidence that Hodes is lying about it by posting the AFT press release refuting Hodes.
This is all fine for what it is worth. But what interests me more is that this tweet contradicts his own campaign focus and reveals the fundamental flaws of a liberal democrat like Paul Hodes. These are not the words of any fiscal conservative I know.
Destroying The Future Of America
Democrats continue to insist that they created jobs. To do this they extracted trillions from our economic future in an effort to create jobs that did not yet exist–that perhaps were not needed yet. Looking at similar exercises, cash for clunkers–which moved car sales forward a few months but has since resulted in a collapse in the market; the home mortgage bail outs, supports, credits, and the "home affordable" programs which improved home sales briefly but which have since collapsed (also to historic lows); and then there’s the stimulus, several public sector employee bailouts, bank lending infusions, small business bills, and everything in between including health care reform–many trillions spent, all made with claims that they would create, save, or incentivize job creation.
Lets concede the possibility that some jobs were saved or created with money from the future. Let’s also, for academic purposes, concede the number of 1.4 million-3.3 million jobs saved or created ( quote from Paul Hodes campaign if that matters). What happens now? Even if we can agree to these figures the mathematical reality is that despite these efforts, and at great expense, we still lost more jobs than we saved or created. Millions are still unemployed with hundreds of thousands more people working less, working shorter hours, or who have given up looking altogether just in the 12 months since someone declared the recession over. We got a net sum loss with the price of admission, and that debt is now looming over our ability to sustain or improve the job picture moving forward because of the Faustian fiscal political calculation the democrats made in what now appears to be a series of vote getting scams gone horribly wrong.
The Only Possibility For A Jobless Recovery
To use my sinking ship analogy from last year, for every 1000 folks he’s got bailing out the ship that were not helping before, ten thousand have slowed down or stopped bailing altogether. Paint all the rosy pictures you like, the end result is that the same. Obama’s economic ship is sinking faster.
How Do You Create A Job?
How do you create a job? Easy question, unless you are a liberal democrat like Dick Blumenthal. Linda McMahon asked this question in her debate last night with Dick whom she is running against for the a Senate Seat from Connecticut. He didn’t seem to know how. (See Red State for the video). Oddly enough, … Read more