Friday, May 4, 2012

April Jobs Report - Bad, Bad, Bad

During the month of April, only 115,000 new jobs were created.  About 350,000 Americans filed new unemployment claims.  Theoretically, unemployment fell from 8.2% to 8.1%; but that is because 522,000 Americans just gave up looking for work and dropped out of the work force to join the 2.7 million that have already done the same thing.   The real unemployment rate when are are counted; the unemployed, the under employed working part time that want full time work and those that have just given up looking for work altogether is closer to 15%.   There are actually 5 million fewer Americans in the workforce today than the day Obama took office.   So much for hope and change. 

Socialist President Obama's Socialist Schemes, which includes his trillion dollar deficit spending SwindleUS Plans, added to the National Debt, have failed miserably to restore economic growth, or create good jobs.  Socialists can lie about these numbers all they want and believe me they will lie; but cards talk and numbers don't lie.  Obamanistas, most of whom are all eggheads that have never worked in the real world, don't have a clue what it takes to create economic growth or jobs. 

In fact, Obamanistas are all job killers that believe you can add 11,000 new regulations by Executive Order, destroy the energy industry and raise taxes and somehow stimulate economic growth and job creation.  These characters live in a dream world, while many Americans are losing their homes.  By the time, Obama completes his first term in office, he will add about $6 Trillion to the National Debt, as it grows to more than $16 Trillion dollars, and yet we will still have slow growth, high unemployment and stagflation.   That is because more government spending is the problem, not the solution. 

We need to add about 300,000 new jobs or more each and every month to make any dent in unemployment.  To get there, we must have 3% or higher GDP growth every quarter.   This is not happening because of Obama's failed economic policy.   To unleash the power of the American economy, we must cut government spending by shrinking the size of government, cut taxes, eliminate many regulations that are job killers and finally implement an all of the above energy plan that will bring down the cost of energy, not make it go higher as Obama intends.  

Socialist President Obama is so tied to his left wing, Class Warfare, radical environmental ideology that he will do none of these things.   Hence, we will continue to see slow or no growth, high unemployment and misery for many Americans.   We have to make Obama a one term President in 2012 to end this malaise.   We just can't take it anymore.  

How many more Americans must lose their jobs.   How many more Americans must lose their homes to foreclosure.   We have to take back our country to restore economic growth and job creation again in America.  To do it, we must sweep these Socialists, at all levels of government, including President Obama and his pals in Congress out of office in 2012 and 2014.   We must elect common sense, real world Conservatives to get the job done. 

We have to drain the swamp in Washington DC and send these Socialist characters packing to prevent the bankruptcy of the United States to get our country back our track.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  Until we get the job done, expect more bad economic news.  

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