Saturday, September 28, 2013

American Workers Hanging on by the Skin of Their Teeth

Here's the kind of reality-based information those in the beltway bubble need to grasp! Not to mention the yappping pundits. But perhaps it's that they do get it - and just don't care.

 By Mike Whitney, Op-Ed News

After five years of Obama's economic recovery, the American people are as gloomy as ever. According to a  Bloomberg National Poll  that was released this week, fewer people "are optimistic about the job market" or "the housing market" or "anticipate improvement in the economy's strength over the next year." Also, only 38 percent think that President Obama is doing enough "to make people feel more economically secure." Worst of all,  Bloomberg pollsters found that 68 percent of interviewees thought the country was "headed in the wrong direction."

So why is everyone so miserable?  Are things really that bad or have we turned into a nation of crybabies?
The reason people are so pessimistic is because the economy is still in the doldrums and no one's doing anything about it. That's it in a nutshell. Survey after survey has shown that what people really care about is jobs, but no one in Washington is listening. In fact, jobs aren't even on Obama's radar. Just look at his record. He's worse than any president in modern times. Take a look at this graph.

More than 600,000 good-paying public sector jobs have been slashed during Obama's tenure as president. That's worse than Bush, worse than Clinton, worse than Reagan, worse than anyone, except maybe Hoover. Is that Obama's goal, to one-up Herbert Hoover?

Obama has done everything he could to make the lives of working people as wretched as possible. Do you remember the Card Check sellout or the Wisconsin "flyover" when Governor Scott Walker was eviscerating collective bargaining rights for public sector unions and Obama blew kisses from Air Force One on his way to a campaign speech in Minnesota?  Nice touch, Barry. Or what about the "Job's Czar" fiasco, when Obama appointed GE's outsourcing mandarin Jeffrey Immelt to the new position just in time for GE to lay off another 950 workers at their locomotive plant in Pennsylvania. That's tells you what Obama really thinks about labor.

What Obama cares about is trimming the deficits and keeping Wall Street happy. That's it. But the people who elected him don't want him to cut the deficits, because cutting the deficits prolongs the slump and costs jobs. What they want is more stimulus, so people can find work, feed their families, and have some basic security. That's what they want, but they're not going to get it from Obama because he doesn't work for them. He works for the stuffed shirts who flank him on the golf course at Martha's Vineyard or the big shots who chow down with him at  his $100,000-per-plate campaign jamborees. That's his real constituency. Everyone else can take a flying fu** for all he cares..... Read the rest.

P.S. If the above article doesn't rile you, perhaps the fact that each American family pays an average $6,000.00 a year in subsidies to Big Business will do the trick.

1 Comments:

Blogger Father Tyme said...

"Skin of their Teeth?"

I don't believe that's covered by Obamanation Care!

8:45 AM  

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