Sunday, October 18, 2009

Obama Calls Obama A Liar. . .

This week we found out just how high Obama shoveled the Pelosi when he told the public how many jobs his stimulus plan had created and how many more it would create. Not surprisingly, Honest Barack’s projections proved to be laughably bogus (overstated by a factor of twenty-five), and his claims of “verifiable job creation” were flat out false (overstated by a factor of five).

Let’s step into the way back machine. The year is 2008. The horrible Bush economy is wheezing along at a miserable 6.9% unemployment. A whopping total of 10.6 million of Americas 155 million workers are unemployed. It’s hopeless.

But there is a light shining in the tunnel of economic despair. . . Barack Obama. Candidate Obama stood proudly in the town square and promised that he could favor us with five million jobs with one shake of his job-giving beads! Hallelujah! A new age was about to dawn.

Fast forward a few weeks. As Obama assumed the position behind his desk in the Oval Office, he changed the deal. Now he would deliver only 3.5 million jobs, and he would take until January 2011 to do it. The other 1.5 million would have to fend for themselves. Moreover, he would not shake his magic beads until we agreed to pass a little stimulus. The price tag on the stimulus bill was $787 billion (not counting the $152 billion already provided in the Economic Stimulus Act of 2008 or the $700 billion spent on the Troubled Asset Relief Program (TARP)).

Thus, depending on what you included, Obama’s plan called for spending either $939 billion or $1.649 trillion to create those 3.5 million jobs. That works out to either $286,285 or $471,142 per job. Still, we needed the jobs and the man’s got magic beads. . .

Fast forward again, this time to June 2009. The stimulus passed, the beads were shaken. But something went wrong. Unemployment skyrocketed to 9.8%, with 14.5 million people unemployed!! That’s right, 3.9 million more people were unemployed than before he shook the magic beads! That's 3.9 million people who had jobs under the evil W.

Stay calm, Obama assured us. . . things were starting to work. The stimulus had already created 150,000 jobs. Oh thank God! Of course, those 3.5 million jobs wouldn’t replace the 3.9 million he had lost, but they would certainly help. And even though those 150,000 jobs represented a mere 4% of what he’d promised, to be fair, he’d only spent $719 billion of the stimulus at that point. That’s around $4.8 million per job.

So Obama made another bold promise. He would shake his beads again and create 600,000 jobs within the next 100 days. And these would be permanent, private sector jobs. This claim was backed up numerous times by Joe “The Truth” Biden, who swore on the grave of his dear departed sympathy ploy, that the stimulus was working. In fact, only a heartless, unAmerican fascist pig could possible suggest that the stimulus wasn’t working.

Fast forward to the present, just over 100 days later. Thursday, Team Obama released a report that determined that all of 30,383 jobs have been created by the stimulus. Not 750,000. . . not 600,000. . . not 150,000. . . 30,383. That’s one fifth of what Obama claimed in June, and 1/25th of what he promised. And that makes him a liar.

Further, while the White House claims these jobs cost us only $71,500 each, the actual number is closer to $34 million per job.

I don’t know about you, but I’m pretty sure I can better than that.

16 comments:

patti said...

oh andrew, you lovely lovely dreamer. like you could do better than barry?! ha! for one, do you EVEN know which hand to hold the magic beads in before shaking?! that's what i thought. let the professionals do their job, will ya? YOUR job is to believe them. how hard can THAT be?!

sheesh.

BevfromNYC said...

Yes and then there was the change from "creating new jobs" to the "save and create jobs" qualifier right after the inauguration.

Wouldn't it have been much easier and less expensive to just cut taxes and let us keep some of that money? It would have qualified for "redistribution of wealth", doesn't it? That should have made the Far Left jump for joy. I know I am missing something, but why was giving me more of my own money bad for the economy again?

AndrewPrice said...

Patti, You're right. I should trust the pros -- like Obama. They know what's best for all of us (and have no problem forcing us to comply).

AndrewPrice said...

Bev, You're right, there was a change to "created or saved." They seem to have dropped that, although they do keep talking about how bad things "would have been".

Real tax cuts (which affect margin rates) are the only sort of stimulus that can affect an ecomony -- other than interest rate cuts. But that only helps "the rich" (i.e. those who pay taxes), so the left will never agree.

Writer X said...

"Shoveled the Pelosi." Priceless. Perfect imagery, Andrew. And since when did it change from STIMULUS Bill to RECOVERY bill? I heard the President use that new term at his "Aw, shucks, I'm doing the best that I can" speech in Louisiana on Thursday. Neither one are proper descriptors to what the Obama administration is doing to the job market and the economy. Can't wait to mop this guy out the door in 2012.

AndrewPrice said...

Writer X, I call 'em like I see 'em. :-)

I think it became the "recovery bill" when they realized that no one was buying the idea that it was "stimulus" and when they realized that people no longer viewed this as Bush's economy.

2012 should be a good year.

Libertarian Advocate said...

Hell, 2010 should be a good year.... hehehehe....

My word verification code is Githo. How appropriate is that?

LawHawkSF said...

To the Orwellian newspeak, we can just add "poverty is wealth."

AndrewPrice said...

Libertarian, That's very appropriate! LOL!

I hope 2010 is a good year. I'm afraid that right now the Republicans aren't doing enough to convince people that they would be any better. They need to step up fast, IMO.

AndrewPrice said...

Lawhawk, I believe that one is already in there.

DCAlleyKat said...

Barack the magic....uh, beadman

AndrewPrice said...

DCAlleyKat, LOL! I guess that makes Barack "Puff"? That's very, very fitting!

StanH said...

But Andrew, he’s a god, a miracle worker, the sea levels are going to recede, polar bears are going to breed faster, we all are going to gather in the town square and sing songs of joy. Excuse me while I get off the floor, LMAO. Sheesh - - what an asshole our Barry is…

AndrewPrice said...

Stan, What can I say? He is fallable after all! :-(

(P.S. I can't imagine what he's going to do to increase the speed at which polar bears breed, but I'm pretty sure it involves alcohol and Joe Biden somehow!)

MegaTroll said...

Somehow (yeah, right) the media missed these facts. I wonder how that happened? This guy is a turd and I think the people will see through him.

AndrewPrice said...

Mega, The interesting thing is that the media has stopped worrying about lost jobs. In fact, they're yelling how everything is fine right now. But the people know.

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