Stick a fork in them
Tuesday, May 12, 2009 at 10:21PM
Not one day after I wrote this, we get news from The White house that proves me right.
...[Christina] Romer believes that it is "unfortunately pretty realistic" that unemployment may reach 9.5%.
There's more but it's just Christina and the administration hedging their bets. She has no clue. Not one person in the Harvard brain trust seems to have the slightest idea what they are doing. And if they do, they have either been sedated or gagged by the transparency twins, Rahm and Barrack. Someone wake Larry Summers!
As of April the administrations faith-based employment estimates (FEE) are now off by a full 1.4% in the wrong direction. (Secularist revisionist socialist economists please turn to page 666 in your hymnals and sing with me...) That's even after breaking a handful of campaign promises so congress could pass the partisan Obamulus. (Sorry, Snowe and Specter aren't real republicans, they just each played one on Capitol Hill.)
So we could realistically see 10.5% unemployment before long and with the imminent threat of deflation or even stagflation that number won't see single digits before the 2010 campaign coffins are framed and polished. With a prolonged stint between 10-12% unemployment and the massive drain of a multi trillion dollar budget--there's no value or resources left in the economy. Inflation looms after that. And with the White House threatening everyone the free market can't begin to find a safe haven for private investors; that means even less capital in a struggling economy. What are you gonna do Barack, tax us some more to make up for it?
Of course now we can answer one of life's important mysteries. If you had an infinite number of liberals, and printed an infinite number of dollars, what would it do to the worlds most productive economy?
Remember spending is the point. It's the point. Spending. Is..
One other thing is certain. While Obama will continue to try and blame Bush congress can't. (They will try and fail). Another liberal lie revealed! Progressives really can't move on. That means real change is what you find in the sofa while your unemployed. And you didn't think it would be historic?
One of things that's likely to stick--beside that blow-pop you just found in the sofa --is that the House has been under democrat majority rule since 2006. The House sets all spending and economic priorities. So they have written or signed off on every single piece of budgetary and spending legislation for the past thirty six months, content to let someone else take the fall for their handiwork. A someone who couldn't pass a single spending bill without their approval. A someone who is now a civilian, on a ranch in Texas.
With Hodes and Shea-Porter (on paper) on the hook for what amounts to more than 5 trillion in planned budgetary and spending layouts this year alone, none of which will have done the economy any actionable good, their days are numbered.
On a side note, my eight year old daughter's grandchildren came to me in a dream last night. Something about "we thought you were 'for the children'." I can't repeat the rest it's not civil.
So with rising unemployment, reps whovote without their reading is FUN-demental beanies on, don't stand much hope of convincing anyone of their fiscal competence or legislative integrity. Go ahead, try that "working for the people of New Hampshire schtick." And lacking any other merits--other than parroting Pelosi--they are left with finding the ROI on five trillion plus monopoly dollars without ever passing GO, which works out to... new congressman!
So my suggestion to rep Hodes (who is currently losing his Senate race to no one) and to Rep Shea-Porter (who has no coat tails to ride back into office on) is to sit back and sip some tea--I understand they may have some kicking around the office--unfold a liberal paper (if it hasn't folded yet), and consider their options after public service. 2010 is coming, and with the entire White House on duck and cover, there's just not enough room behind that Bush for everyone.
Hodes,
Obama,
Shea-Porter,
Unemployment in
Bail Out,
Economy,
Hodes,
NH Races,
Obama,
Shea-Porter,
Taxes 

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