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“the economy is getting stronger by the day.”
So said Obama today applauding the 431,000 new jobs reported by labor. It really makes me question his intelligence. Of those 431,000 jobs, only 41,000 were private sector. The rest were mostly made up of temporary census jobs. And there are certainly some number games being played there. [...]
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Back in February or March the head of the CBO, Doug Elmendorf, admitted that they did not actually look at the stimulus’ effect on the economy when they boasted it had saved 1.5 million jobs. So what did they do? They used the prediction model again and passed that off as new results. They basically [...]
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“I mean up until this recent crisis, as recently as March, when I was calling for a fundamental overhaul of the regulatory system on Wall Street, Senator McCain was saying I’m basically a deregulator.”
You often hear misleading comments such as the one above from Barack Obama. He, of course, was the last [...]
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