Showing posts with label Jobobamaunism. Show all posts
Showing posts with label Jobobamaunism. Show all posts

Saturday, January 17, 2009

Recipe for Depression Soup: Abomination Earmark Stimulus

Head chef, Barry and his Abomination Plan has further disintegrated into one huge earmark package for dems. The perfect recipe for Depression Soup. This is no stimulus package. This is a dem appropriation bill. No wonder Barry states no earmarks will be allowed. Because all the dem pork is included. Not to be overlooked, Barry states he is going to create around 600,000 new federal jobs for dem cronies as part of his Jobamaunism Plan. (20% of 3 million jobs will be federal). Just what a rotten economy needs--600,000 more dem socialist federal bureaucrats.

Barry has sold his soul cooking to special interests and every dem politican in DC. And the billions keep being added daily to the soup pan as the the cost of the soup is getting closer and closer to costing a trillion dollars of national debt. And that's just this year. Who knows what he is going to cook up for FY 10? Probably shoe leather stew.

While concurrently, Barry's spending on infrastructure keeps shrinking. Total appropriations for infrastructure is now down to a palty 90 billion of the currrent estimated abomination of 825 billion. $825,000,000,000.00. Plus or minus a wooden nickel or two.

Barry 's soup is making the classic political error. Try to appease every socialist special interest known to man. Including all these whiny state governors. And all his plan will do is fail to stimulate much of anything. Same old DC. A narrowly tailored stimulus focused on infrastructure might have kept the pot from boiling over. But here, this soup is overflowing from all the pork added.

Expect the recession to grow to a depression as long as Barry "FDR" Hoover is in charge. The Fantasy Express honeymoon is over. Time for us taxpayers to eat some Depression soup for a long, long time.

I must not be depressed during a Fantasy Express depression. We all can still have some good times during this upcoming Depression. Attitude and humor is the key to staying happy while eating all this Depression Soup.

Blame the Fantasy Express dems while paying for it.

Tuesday, January 6, 2009

Jobamaunism

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?