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Obama 'Hope and Change' metrics

### Obama's National Debt

Unemployment, Prime rate, Regular gasoline national average, Dow Jones Industrial Average

Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Friday, December 5, 2008

Unemployment 6.7%

The unemployment rate for November 2008 is now up to 6.7%.

This is one of the Obama "metrics of change" we are tracking here at this blog.

Wednesday, November 26, 2008

Help is on the way

Oh praise be, Obama Says "Help Is On The Way". Just in time because I was starting to become worried about the economy with Christmas right around the corner and all. But, no need to worry now. If you loose your job in the next 55 days or so, don't sweat it. Seriously, apparently the economic hard times will soon be over. BO has saved the day.

But there is something familiar...but I just can't quite seem to put my finger on it. Ah, that's it. Mission Accomplished.

Will the media view the "Help is on the way" statement the way the spun President Bush's "Mission Accomplished"? Will the media rake BO through the mud like they did President Bush? Will we see this all over the airwaves and in the papers?




Of course not, remember the bias and the double standards. Bush is a Republican, after all.

For now, the Republic endures.

When are they going to stop?

Everyday, a new bailout. The sky is falling again today. When are they going to stop?

Why is it that people can not equate a big bureaucracy with the current and future direction of the government? The old saying "I'm from the government and I am here to help." Is scoffed at as a joke. Wake up people. Why did you VOTE for it then. (Yes, a red vote would have just been the lesser of two evils, but you have to take what you can get.)

Thomas Sowell has an editorial here, where he says in part:
We are not talking about the Great Depression, when output dropped by one-third and unemployment soared to 25%.

What we are talking about is a golden political opportunity for politicians to use the current financial crisis to fundamentally change an economy that has been successful for more than two centuries, so that politicians can henceforth micromanage all sorts of businesses and play Robin Hood, taking from those who are not likely to vote for them and transferring part of their earnings to those who will vote for them.

For that, the politicians need lots of hype, and that is being generously supplied by the media.


Basically, this is another power grab. Things would actually be better without the government intervention. But they do it anyway, for the power.