Friday, April 27, 2012

US Unemployment Benefits - Highest In 3 Months

Those in the US seeking unemployment benefits is near a three month high.  388,000 Americans applied for unemployment during a recent week in April.  Though technically unemployment has fallen to 8.2%, it is because more people have just stopped looking for work altogether.   They are part of the 25 million Americans that are either unemployed, working part time that want full time work, or that have just given up looking for work altogether. 

When all our counted, the real unemployment rate in the US is above 15% thanks to Obama's failed Economic Policy.   Don't believe what you hear otherwise from Obama and his minions.  Remember, Socialists will lie, cheat or steal to remain in office to continue feeding at the trough.  While many are sufferring as a result of Obama's failed economic policies,  we know now that the government spent about $470,000 in taxpayer monies on First Lady Michelle Obama's 2010 vacation with friends to Spain.   Go figure. 

By the end of Obama's first term, the President will add $5 Trillion to our National Debt taking care of his PEEP's; yet unemployment has remained above 8% for more than 38 months.  All of Obama's SwindleUS Plans have failed.  This is all happening because Obamanistas have added 11,000 new job killer regulations by Executive Order.   Obama's Gestapos, the Environmental Protection Agency (EPA) and the National Labor Relations Board have been busy killing jobs.  The EPA is out to destroy carbon and nuclear based energy.   The NLRB keeps pushing unions on American business, which raises the cost of doing business.   Both the actions of the EPA and the NLRB are causing US companies to ship more jobs overseas; particularly to lower cost countries like China and India. 

In addition, Obama has no energy policy, except to raise the cost of energy in the United States to lower the standard of living of the American people.   This is all intentional by Obama's own words.  While Obama has failed miserably in general, he has succeeded in achieving his energy objectives.  The cost of gas and utilities have dramatically gone up since Obama was elected.   This is money that Americans don't have to make other purchases, so naturally more jobs have been lost in the process. 

It should be no surprise that unemployment remains stubbornly high.   High taxes and crazy regulations in Europe and other countries have caused structural unemployment in those countries for years.  Obama wants to "transform" America into a European style Socialist country even though that model has failed in Europe.   We are seeing the end result of Obama's handiwork.  High unemployment, skyrocketing cost of energy and low GDP growth in our country.  

In order to get our economy growing again we must sweep these Socialists, at all levels of government, including President Obama, out of office by electing Conservatives that understand how to create economic growth and job creation.  Whatever you may think of Mitt Romney, he has the experience to get the job done.   Romney is a free market capitalist, not a Socialist.  Romney fully understands that government's role to help create jobs is simply to get out of the way not spend us into bankruptcy. 

Obviously, Obama has failed and does not deserve a second term.   In fact, Obama and his Socialist pals in government are a clear and present danger to our nation.   We have to put on our hips boots and drain the swamp in Washington DC.  It will be dirty, stinky work; but we have to do it to preserve our freedom, our nation and way of life.   We can do it.   We must do it to prevent the bankruptcy of the United States.  In the mean time, don't be surprised by the surge in unemployment.   Blame it on Obama, the egghead Professor and Chief, that does not understand, or support free market capitalism.

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