President Obama: “ineptitude” (n) – unskillfulness resulting from a lack of experience or training; a lack of cognitive skill; having no qualities that would render one valuable or useful; the quality of lacking substance or value; something of little value; the quality of being valueless or futile.
The truth of the matter is that, as I said, we created 4.3 million jobs over the last 27 months, over 800,000 just this year alone.
Unless President Obama is attempting to re-write the laws of economics, the government “we” did not create a single job. Employers do.
The private sector is doing fine.
Really? Tell that to the thousands of businesses closing, the millions of homeowners being foreclosed upon and the 23 million unemployed or underemployed who have been eating Ramen noodles for too long.
Where we’re seeing weaknesses in our economy have to do with state and local government.
Really? So when government is not growing President Obama considers that a sign of “weakness”. These are his words folks.
Oftentimes cuts initiated by, you know, Governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don’t have the same kind of flexibility as the federal government in dealing with fewer revenues coming in.
State and local budgets are determined by the revenue from within their local economy. If the local economy is weak and people are struggling to survive, well, that just reinforces the counter to your position that the private sector is doing just fine. No?
And so, you know, if Republicans want to be helpful, if they really want to move forward and put people back to work, what they should be thinking about is how do we help state and local governments and how do we help the construction industry?
So if Republicans want to be more “helpful” they need to spend more money on making government bigger. That is moving “Forward“? Really? His words….
Because the recipes that they’re promoting are basically the kinds of policies that would add weakness to the — to the economy, would result in further layoffs, would not provide relief in the housing market, and would result, I think most economists estimate, in lower growth and fewer jobs, not more.
But, but, if the private sector economy is “fine” then how would less burdensome government (ie. smaller) contribute to “further layoffs“, or “fewer jobs“.
