The greatest economic recovery in history continues to beat expectations! The economy is roaring thanks to Obama’s Progressive policies and things have never been better.
This is what the media would love to spin before the midterm elections, but this is far from the truth.
The reality is we are in a stagnant economy that more resembles Japan in the 90’s than the US in that same decade or the 80’s. The media calls the jobs lost “more than expected“. The implication is that the economy should be booming. Progressives were hyping about a recovery, but there is none in sight. Private companies did hire 64,000 people but this is anemic and doesn’t keep up with population. It was also offset by the laying off of census workers.
Friday’s government report — the last major economic news before the midterm elections — showed the nation continued to lose jobs last month, reinforcing the bleak reality that it probably will be years — not months — before employment returns to pre-recession levels below 6 percent.
That tightens the pressure on Democrats ahead of the Nov. 2 elections. And it also casts a dark shadow well into the 2012 election season and beyond.
“We won’t see under 6 percent for five years,” David Wyss, chief economist at Standard & Poor’s in New York, said Friday after the Labor Department reported that 95,000 more jobs were lost in September and the unemployment rate held at 9.6 percent. “It’s going to be a slow recovery.”
Democrats, who now control the White House and both chambers of Congress, are sticking with a positive line: The economy is moving too slowly for anybody’s comfort, but Obama and his congressional Democratic allies have laid the groundwork for future prosperity. They are blaming the downturn on the policies of Republican George W. Bush’s eight-year presidency.
Read the rest: Jobs report is bad news for Democrats
The Obama Boom is a lie that has been exposed in recent months. The economy is not growing and companies are not hiring. Thanks to Obamacare, health care costs are sky rocketing thus preventing hiring. Obama’s Progressive policies have failed and it’s time to try real Conservative market based solutions. No matter how much the media lies, the American people are not buying it. Come Nov 2nd, there will be a real Obama boom. A boom for Republican candidates across the country.
Reporting live from Coldwarrior’s parents House in Northwest Pennsylvania…
Tags: Jobs Report, Obama Economic Boom, Stagnation
