Sunday, September 5, 2010

Official Unemployment Jumps to 9.6%

The official unemployment rate has jumped to 9.6% as even more Americans are out of work. Of course, the real unemployment rate is 15 - 20%, depending on the state, when all are counted including those that are unemployed, those that are under employed working part time that want full time work and those that have just given up looking for work and run out of unemployment benefits. This is all happening as Socialist President Obama just came back from his sixth vacation since taking office. Gross Domestic Product (GDP) continues to fall. Foreclosure and bankruptcies continue to rise; yet President Obama tells us the nation is going in the right direction. What planet does this President live on? "Recovery Summer" has turned into a deeper Recession and in some states a Depression.

Mr. President, please admit that your SwindleUS Plan and all your big government deficit spending has failed miserably and perhaps then we can all move on to real solutions to restore economic growth and job creation in our nation. Unfortunately, Obama is such a left wing Socialist ideologue that he just can't do what is necessary to end this Recession. There are a number of things that should be done NOW. The Bush Tax Cuts must be made permanent to provide all a level of certainty about taxes. Obama's HealthScare Plan must be repealed in favor of real health care reform that lowers cost because companies are not otherwise hiring since Obama Care is resulting in signicant increases in medical insurance premiums. Obama must cease and desist and put an end to all the stifling regulations on business that are being implemented by various agencies of the federal government. We need real energy independence that lowers the cost of energy, not Obama's CAP & TAX Plan that is designed to raise the cost of energy.

Finally, Obama needs to FIRE his economic team, particularly Secretary of the Treasury Timothy Geithner and the head of the National Council of Economic Advisers, Larry Summers. When a team strikes out, it is time to find new talent. Most important, Obama needs to get rid of the egg heads and bring in some CEO's who understand business and job creation, particularly since Obama himself has no business experience.

President Obama and the Socialists that control Congress are all Job Killers. They just don't understand the cause and effect relationship of their actions. However, cards talk and numbers don't lie; but Socialists do lie. President Obama is repeating all the same mistakes Roosevelt made in the 30's because Obama has not learned the lessons of history, or Economics 101. Roosevelt's New Deal prolonged the Great Depression, which lasted 11 years because Roosevelt raised taxes, imposed stifling regulations on business and practiced deficit spending Keynesian economics that never works. Unemployment throughout the 30's never went below 12% and for most of those years it was much higher.

For the sake of the 25 million Americans who out of work and our nation, we must sweep these Socialists out of office in 2010 and 2012 by electing Conservatives who support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, real energy independence and health care reform, a strong national defense including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values. This is the winning platform and the only way to restore economic growth and job creation in America.

Most important, we must take back our country in 2010 and 2012, by electing Conservatives who support the Constitution, as written by our Founding Fathers, not as contrived by the left wing media, Socialists Obama, Reid, Pelosi, former Presidents, Congresses, or the Courts. We must take back our country to restore economic growth and prosperity. We can do it. We must do it to preserve our freedoms, our nation and way of life and for the sake of our children and grandchildren.

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