Of course anyone that isn't living under a rock knows that all of the above was either a lie or a case of colossal stupidity. I choose to think it was an ample dose of both. The unemployment rate sits at 10%, what few REAL jobs that were created were government jobs which do nothing to improve the economy. In fact over 80% of the aforementioned stimulus money will not be spent until next year with most of that targeted to pork barrel projects of the Democrats. What really burns me is how those idiots go around the country lying about the number of jobs that were created in non-existent congressional districts and only a couple of their sycophants in the media will even check them out.
In light of this what the hell was that jobs summit on Thursday about? The U.S. Chamber of Commerce, which represents millions of small businesses in this country, was not invited. Neither was the trade association for manufacturers. Why, you might ask? Because they oppose the health care legislation snaking its way through the Senate. So they filled the room with a group of people that have kissed the ring of Lord Obama to listen to him talk and show the American people HE CARES. And of course he did talk! Some of the braver participants suggested tax incentives to encourage job creation (that is the last time they will be invited!) So in reality the day was about listening to a guy that has never created a job in his life (or even met a payroll) talk about how he is going to do it. The attendees were merely extras and supporting cast in his performance art. The "discussion groups" were all about the show and the only job growth we MAY see will be the expansion of the size of government.
Before you tell me that those are better than nothing I will remind you that every additional dollar spent by the federal government is borrowed money that will have to be repaid one day. The money to repay this must come from growth in the private sector. So what should be happening is that our bloated federal bureaucracy needs about 25% of the jobs cut just from lack of productivity. Real incentives should be given to stimulate jobs in the private sector, especially in manufacturing. Also real tax relief for people that actually pay income taxes. I have always been puzzled why the people that pay no income taxes should get any rebate or refund. THEY DIDN'T PAY ANYTHING SO WHY SHOULD THEY GET ANYTHING BACK?!!!!!!
So if you expect to see the unemployment rate lower than 7% anytime soon I want some of what you are smoking. Nothing is being done to instill the confidence in our economy for business to risk expansion. With these idiots focused on health care, cap and trade, and global warming there is nothing positive for them in the future. With some luck these issues will be defeated and the damage from this administration will be minimized. We can pray for that!
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