Tuesday, August 7, 2012

The 1% Solution

Barack Obama has been a disaster for employment in America, shrinking labor force participation to its lowest rate in decades.  With fewer people working, the unemployment rate has fallen steadily...well, except for that uptick last month to 8.254376912% -- when you're Barack Obama, every decimal point counts -- even if the 163,000 jobs created are mostly a BLS invention called seasonal adjustment, while the 150,000 people leaving the workforce are real.
Is this what he meant when he said "saved or created"?
The price of gasoline is down as well on weak demand.  You can't drive to a job you don't have...oh, and that night out is off the table...as is the vacation -- better to listen to the audio version of Dreams from My Father, which is Obama reading an edited -- omitting all things un-presidential -- version of his autobiography...no, memoir...no, fictional, but true, account of how he felt growing up rich and privileged -- and how hard it was on him.  Because that's what's most important, how he felt, not what actually happened.  Reality is, after all, relative.  Wipe that smirk off your face -- what are you, some kind of racist? 
Driving into Manhattan the other day at 5 PM, there wasn't a car on the road.  Not being able to afford to go out is easier than ever.  See...and people said there was no upside to the new normal of Obama's pervasive poverty

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