Tuesday, September 13, 2011

Oh woe is us -- who could have predicted this?


WASHINGTON (AP) — The ranks of America's poor swelled to almost 1 in 6 people last year, reaching a new high as long-term unemployment left millions of Americans struggling and out of work.

Reflecting the lingering impact of the recession, the U.S. poverty rate from 2007-2010 has now risen faster than any three-year period since the early 1980s, when a crippling energy crisis amid government cutbacks contributed to inflation, spiraling interest rates and unemployment.

Measured by total numbers, the 46 million now living in poverty is the largest on record dating back to when the census began tracking poverty in 1959. More here:

Whaaaaaa ????  What's this?  Who could have seen this coming?

I've got news for you, you don't have to be Nostrodamus to have seen this one coming.

I've got some ideas for Obama to use to bring us out of this depression.

1 - Let's raise the minimum wage again. It won't affect how many people business hire and people will make more money -- see?  Magic!!

2 - Let's continue to block oil drilling and refining and transporting

3 - Let's have government-run enterprises like Fannie Mae and Freddie Mac run the housing/loan industry by fiat. Yes ... we'll have them dictate terms to the free market.

4 - Let's "tax the rich" to pay for health care. No way will "the rich" pass along their increased costs to the poor ... no way in hell ... it just wouldn't be right.

5 - Let's try to tax and spend our way out of a recession. Just because it can never work doesn't mean we shouldn't try it again.  No way will it cause inflation. No way will we bankrupt the nation. No way will we ever have to pay it back. No way will it make the recession worse.

6 - Let's continue flailing around with the already incomprehensible tax code ... yes, yes ... let's keep those evil businesses guessing, it keeps them on their toes.  We need to let them know who's boss.  It's great when they can't predict one of their biggest costs more than a year out.  Oh, don't worry, they won't move their operations overseas when faced with great uncertainty.  It won't have any effect on their hiring decisions at all.

7 - Let's introduce a few thousand more regulations for them to follow.  We need to keep our hob-nail boots on the throats of businesses.

8 - Even though government is the most wasteful and inefficient spender of money let's tell them we only need another 400 billion to get the job done.  Never mind we couldn't do it with the first trillion or two ... NOW we mean business.

9 - What we need is to escalate the war on poverty.

Hey, Obama, I LOVED it when you said (in your jobs speech) you wanted to work "side by side with business" to get us out of this predicament.  You don't even see that THAT is your problem, jackass.  You've got empty homes and homeless people - way to go.  GOVERNMENT DOES NOT BELONG IN THE FREE MARKET ... not "behind" - not "side by side" -- NOWHERE -- DON'T YOU GET IT??  LEAVE US THE HELL ALONE!!!

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