Barry promises to give us Jobamaunism. Social welfare of 3 million jobs. He won't give a timetable for a good reason. From Nov. 07 to Nov. 08, there was actual job growth in total employment from the year before from 233 million to 234 million. (US DOL Bureau of Labor Management).
This small increase in total employment is due to new workers (new graduates and unlawful immigrants); representing an overall increase in US population of people that can work. (305 million people are in America from the latest US Census estimate).
So, as the US population continues to increase, naturally there will be a net gain in jobs at some point in time merely due to an increase in population. And Barry realizes this. So, it should be fairly easy at some point in the next four years for 3 million new jobs regardless of any socialist budgets/abomination.
Now on Barry's web site, the Abomination-Biden plan projects job increase of 1 million due to "infrastructure"socialism and five million jobs due to "green jobs" whatever that is, from a new socialist budget of around 800 billion dollars. A total estimate of 6 million new jobs. So Barry is hedging in his public speeches from what they write on his own web site by 3 million jobs; or simply can't add, or forgot.
Now a gain of 3 million jobs by any reason amounts to a scant 2% increase in total US employment. Whoppie. The cost of Barry's job proposal (the abomination) is roughly 3,000,000 new jobs/800,000,000,000 dollars. So, this equates to spending 266, 666 dollars per job. Good job, Barry except for not being able to add.
Now on Friday, we get the December employment and unemployment numbers. The rate of unemployment is supposed to be not as bad as November. The current estimates are we only lost around 430,000 jobs in December as compared to the prior of month of 588,000. The November total of umemployed was 10.3 million for an unemployment rate of 6.7%. (Mainly educated democrats). Not to mention the democrats that are too lazy to work at all and are no longer counted as being unemployed.
So, we all have to ask a question. Do we really need to spend 800 billion in socialism just so Barry can brag at some point in time, what a great President he is because jobs have increased by 3 million jobs at a mere cost of 266,666 deficit dollars per job that you will pay for some time going forward? Wouldn't we get a job gain of 3 million due to population growth just by Jobama leaving things alone?
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10 years ago
Mr. Scherer, I read your blog almost every day, and I have a serious question for you that I thought you might be willing to answer: Why do you call the President-elect "Barry" and always change his last name into "abomination?"
ReplyDeleteCan you tell me?
Barry is Barack's nickname. To see what an abomination is, just search the I-net using the term "Abomination KS".
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