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September 7, 2009
Happy Lack of Labor
Day, Brought to You by Barack Obama
One month ago, I wrote
a column titled “Rejoice! Barack Obama Only Lost 247,000 Jobs Last
Month.” I was wrong. It later turned out that he lost 276,000 jobs.
But who’s counting?
Well, actually, all of America is counting, with the apparent exception
of the president himself.
When the economy lost more than a quarter-million jobs in July only,
Obama thought that was pretty awesome news: “Today we’re pointed in the
right direction . . . these two thirds of the Recovery Act have helped
people weather the worst phase of this recession, while saving jobs and
stabilizing our economy . . . that’s how we’ve pulled the economy back
from the brink. That’s why we’re turning this economy around.”
Wow, that’s pretty darn positive. What more could he have said had he
actually gained jobs? “Yaaaay” – along with a marching band and
cheerleaders in the background?
Let’s see what has happened since. In August, Obama lost another 216,000
jobs, and shot the unemployment rate up to a dizzying 9.7 percent
(assuming, for a moment, that the numbers don’t get revised upward again
– and not counting the countless individuals not included in official
The Obama Administration’s response? They thought it was even better
than last time!
Vice President Joe Biden looked at the numbers and saw that “the
Recovery Act is, in fact, working.” He continued, “Thanks to the
Recovery Act, where we are today is a much better place than we could
have possibly been without it.” By the way, by “Recovery Act” he means
the $787 billion wasteful pork bill full of goodies for Democratic
members of Congress.
Obama adviser Christina Romer was no less optimistic, insisting that we
rejoice again when we consider that the 216,000 jobs lost in August are
less than those we had been losing in previous months.
Curiously, she misses a minor detail. Those 216,000 jobs lost in August
were lost in addition to all the jobs that had been lost
previously. Obama and his advisers, however, make it sound like the
counter resets to zero and starts fresh every month.
When a patient who lost a liter of blood in a surgical accident loses
half a liter the second day, the doctors don’t rejoice, because the
patient has by now lost a cumulative 1.5 liters. By the Obama
Administration’s logic, when the patient is completely drained of blood,
the doctors would declare victory that blood loss has been reduced to
Likewise, using the administration’s logic, when 100 percent of the
population is unemployed, Obama could proudly proclaim that the economy
has completely stopped shedding jobs.
But in fact, August has been the worst month for the job market thus
far, because all of the jobs that had been lost previously were still
lost, and now another 216,000 have been added to the pile.
Never mind that the Obama Administration predicted that passing the
so-called “Recovery Act” (better known as Porkulus) would result in
peak unemployment of 8 percent, whereas failing to pass the legislation
would have caused unemployment to rise to 9 percent. Well, now that
unemployment has far exceeded both numbers due to the Porkulus, the
administration is pretending it never made any predictions.
Astonishingly, Joe Biden last week announced: “The Council of
Economic Advisors plans to report to the nation their projections of
jobs created or saved through the development of the Recovery Act. I’m
optimistic – as a matter of fact, I’m confident – that that report will
show that we met or exceed our goal, that goal, as well.”
Wow, was the “goal” to annihilate the job market?
Even more amazingly, he added: “Two hundred days in, the Recovery Act is
doing more, faster and more efficiently and more effectively than most
But . . . but . . . you expected that your Recovery Act would
make unemployment peak at only 8 percent. And now it is at 9.7 percent
and still rising. How can any human reconcile these two positions?
can, however, agree with one of Biden’s assertions: “The Recovery Act
has played a significant role in changing the trajectory of our
has. It has dug the nation much further into debt. It has transferred
wealth from the job creators to the well-connected. It has enhanced the
power of crooked politicians and the coffers of their special interests.
It has and will have caused the loss of countless jobs. It has helped
increase the unemployment rate to 9.7 percent, already.
This painful reality has been brought to you by Barack Obama. Tax
increases, threats of bigger government, egregious federal spending,
higher energy costs, and special interest power, all proudly espoused by
Obama, do marvels at encouraging layoffs and discouraging new hires.
Happy Lack of Labor Day.
© 2009 North Star
Writers Group. May not be republished without permission.
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