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Those unemployment figures — 19 Comments

  1. But other matters – health care, the BP oil spill – continually stole the limelight, creating the impression spoltlighting for all to see, some Democrats complain, that the president was barely focused on the economy at all.

    Fixed it for you, WaPo.

    I suspect that our community organizer President views the private sector as a donation spigot that is activated by waving the guilt card.

  2. You take my life when you do take the means whereby I live. ~William Shakespeare

    Cessation of work is not accompanied by cessation of expenses. ~Cato the Elder

  3. “The way to crush the bourgeoisie [middle class] is to grind them between the millstones of taxation and inflation.” –Vladimir Lenin

  4. It’s interesting that the things that moved the stock markets up the most this week were a positive economic report from China and a USA employment report that wasn’t as bad as it could have been. Even so unemployment went up a tad.

  5. Obama has no coherent foreign policy other than a sort of groveling isolationism. He has no clear economic policy except so far as it promotes a sort of state socialism. It’s not clear he wants the US to do well in anything. It’s a real contrast to such European socialist countries like France and Germany. Both will do just about anything to support their national industries. France still plays at being a military power and Germany still will not step up to the plate, but has focused all their attention on exports.

    We’ve even given up on space exploration! At least under GWB we were going to Mars in atomic rockets sometime in the future. What a miserable leader Obama is.

  6. Here’s the pull quote from page 2 of the WaPo article:

    His advisers described his attentiveness – noting, for example, that he discussed the economy with New York Mayor Michael R. Bloomberg (I) for 15 minutes before golfing – but got little traction.

    Yeah, a fifteen minute discussion before golfing should do it. Can’t get more attentive than that. Prepare for boom times.

  7. When even wunderkind Obama shill Ezra Klein can’t muster up a good word to say about the jobs report, you know Obama is in big trouble.

    Shouldn’t that read “blunderkind Ezra Klein?”

    The solution to unemployment is more unemployment – in DC.

  8. Focusing upon everything but jobs, the undeniable public perception that if he’s not golfing, he’s on vacation and then redecorating the oval office (in drab tones)…”tone deaf” doesn’t begin to adequately describe his demeanor but arrogant aloofness coupled with cold indifference comes close.

    Now he and the Democrats are about to reap what they’ve sowed; the greatest reversal of political fortunes ever suffered by a political party.

    A fate, richly deserved.

  9. It has become a joke.

    Newsflash: it always was a joke. Consult the nearest grownup for enlightenment.

  10. I don’t think the data are quite as bad as they seem on the surface. Professor Mark Perry charts all the economic statistics as they are released and publishes them almost in real time. I love his blog because his commentary is very pithy -he mostly let’s the charts tell the story. He’s an unabashed free marketeer/libertarian, so I like him all the more. His blog is worth a bookmark:

    http://mjperry.blogspot.com/

    Also, completely unrelated to economics but since I first learned about Dr. Sanity from reading this blog, I figured I’d give everyone a heads up that she posted a terrific essay yestrerday about “postmodernism”, neo-marxim, and the Left. Strongly recommend it.

  11. Progressives got to power by not being George Bush. Now it seems they’re stuck between a rock and a hard place they hadn’t counted on. To either be more like George Bush or go down in historic defeat.

  12. The I-man was in New Orleans for the 5th anniversary of Katrina. He told the baa-baas, “I am with you in the fight to blahblahblah”. Who is the I-man fighting? The Establishment? Uhhh, I-man, YOU are the Establishment. Your CO days are over.

  13. The Democrats have been hoist on their own petard. The increased minimum wage and the 99 week unemployment benefits are going to stretch out this high unemployment for a long time. Throw in a big tax increase in January, and you’ve really locked it in.

  14. “What a miserable leader Obama is.”

    He’s not a leader. He’s a herder, goading us along with a cattle prod to the hindquarters. . . . Into the knacker’s.

  15. The increased minimum wage and the 99 week unemployment benefits are going to stretch out this high unemployment for a long time.

    Incentives, Dems. Incentives.

    Until/unless you actually do create New Socialist Man – which I for one don’t look for – people will follow incentives. You know, operant conditioning and all that. I thought you Reds were big on B. F. Skinner.

  16. He’s not a leader. He’s a herder, goading us along with a cattle prod to the hindquarters. . . . Into the knacker’s.

    Permit us to return the favor…

  17. Axelrod “the Washington Republicans, having helped create this recession, have attempted to block our every effort to deal with it.”

    I see this attempt to blame Republicans for the Democrat’s failure to get something passed on liberal blogs all the time. My response is to say something like “just think what you’ll be able to do when you control both houses of Congress!”

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