Friday, July 6, 2012

June Jobs Report - Dismal

The Labor Department reported that just 80,000 jobs were added in the US in the month of June, lower than was expected by economists.   We need at least 100,000 new jobs every month just to deal with kids coming out of school.  This is the reason the official unemployment rate remains stuck at 8.2%.   So now we have had official unemployment above 8% for more than 41 straight months as a result of Socialist President Obama's failed economic policy.   What is worse, unemployment among Black Americans rose to more than 14%.  Unemployment among Hispanics is above 11%.  Yet, these constituencies tend to vote for Socialists, including Obama, that purport to be working in their interests.   The question is why?  With friends like Obama, Black and Hispanic Americans, who needs enemies?  

The real unemployment rate when all 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 actually above 15% as tragically about 25 million Americans are in this category.   Socialist President Obama promised the nation that if he borrowed and spent a Trillion dollars, added to our National Debt, on his SwindleUS Plans that we would see official unemployment come down to 6%.   So much for Obama's many broken promises.   Instead, we have seen the highest foreclosure rate in American history as many have lost their homes.  

Unemployment is higher than when Bush II left office.  Several hundred thousand small businesses have gone bankrupt.  The poverty rate is up, much higher than when Bush II was President.  46 million people are on Food Stamps, up 26 million since Obama took office.   9 million people are on Disability benefits, up 1 million people since Obama took office.  67 million Americans are receiving some kind of government check, including those on Welfare and Medicaid.   Of course, Socialists want as many people as possible dependent on government because it is their ticket to staying in office.

Gas prices are double what they were when Bush II was President and all utility costs are up as a result of new EPA regulations.  Obama and his Socialist pals in Congress are telling us that this is success and that we should go "forward" into Obama's second term.  Obama supporter, MSNBC, the Mindless Socialist News Broadcasting Company, has even adopted Obama's slogan with a little twist as "Lean Forward".  If we lean any further forward, we are all going to fall off a cliff and die. 

If this is Socialist success, what the heck does failure look like.   Other Recessions in American history were over in two or three years tops because a pro growth economic policy was always implemented.  President Reagan faced as bad a Recession, with more than 10% unemployment; yet within a few years, we were adding 600,000 jobs a month because Reagan cut taxes and eliminated regulations to unleash the traditional vitality in the American economy.  In fact, Reagan's economic policies led to 20 years of sustained economic growth.  Obamanistas on the other hand are all job killers.  Obama has raised taxes, the highest ever in ObamaCare, which will impact Small Businesses, the Middle Class and Senior Citizens worst.   Obama's Gestapos, the IRS, the EPA and NLRB are busy killing jobs by imposing various fees, taxes and 11,000 new regulations on business and energy production by Executive Order. 

And, of course, in preaching Class warfare in a desperate attempt to win reelection, Obama wants to raise taxes on the 50% of us that pay all the income taxes in the United States now.   In particular, Obama wants to raise taxes on the 10% of Americans that pay 70% of all income taxes in the United States saying that we don't pay their "fair share".  These are the business owners and job creators in the United States.  The truth is that if not for these tax payers,  the federal government would be borrowing $10 Billion everyday, instead of the $4 Billion, being added to the National Debt by Obama every single day of the year.   Obama wants to take money from these job creators and use it to support his PEEP's, those on the dole, those that pay no income taxes at all, public employee union members, illegal aliens, radical environmentalists, trial lawyers and crony capitalists.   In other words, Obama wants to take from the Makers and give to his PEEP's, the Takers. 

The lousy June Jobs report and dismal GDP growth of less than 2% for the quarter are just proof that we must take back our country to spur economic growth and job creation again in America.  It will not happen as long as Obama and his Socialist pals in Congress remain in office.  If  Obama is reelected, we will end up with even more people on the dole, a lower standard of living for all Americans and more misery and poverty.   We can't let that happen.   We must elect pro-growth, limited government Conservatives committed to lower taxes and less regulation and a balanced budget to get our country back on track.  

We must elect Mitt Romney the next President of the United States and gain complete control of the US Congress to restore economic growth and prosperity again in our country.   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.   We have to put on our hip boots and drain the swamp in Washington DC and many state capitols.   Cards talk and really bad numbers don't lie; but always remember that Socialists, like Obama, will lie, cheat or steal to stay in office feeding at the trough.   The June Jobs report tells the story no matter what Obama says on the campaign trail. 

P.S.  Donate to Mitt Romney's campaign to make Obama a one term President.  Just go to and click on Donate.  Once there, look for the box that says I know my Referrers number.  Click on that box and then type in 8544, the National Freedom Forum referral number so we can make our voices heard.  Please donate $5 or more Now.   You need to do this NOW to take back our country and prevent the bankruptcy of the United States.    

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