If Obama Were a Lamer Duck, We Might Get the Economy Turned Around

So, unemployment remains steady at 7.6%. I just realized recently I didn’t know what the unemployment rate was anymore. It used to be a pretty important thing, but I guess we’re just kind of used to it hovering around 8% now. And it’s not like Obama cares much about it now with him on climate change and illegal immigration and what not.

I remember when 6% was high unemployment, but if it actually got there before the end of Obama’s term, everyone would hail him as the greatest president ever ever. Of course, for things to get there, he’d have to stop trying to actively beat up business like with his Obamacare and who knows what his ideas to fight global warming will cost everyone. If he could just embrace being a lame duck and stop scaring everybody with his trying to do stuff, the economy might turn around. But it take humility to not do anything, and that’s pretty much the thing Obama lacks the most — and he lacks lots of things.

Man, if only we could get another Coolidge in the presidency. Don’t know if we ever will, though; best bet would be to wait for a president to die in office and then just not replace him.

8 Comments

  1. Hey, buck up! Once Obama gets through with his war on oil and coal unemployment will be zero — since there will be no economy, there won’t be any unemployment. Wow, what a smart guy this Obama is; ivy league education and all; frack!

  2. June numbers – Part time jobs up 360,000. Full time jobs down 240,000.

    There really were no new hours added. For every 2 full timers that were fired – 3 part timers were hired.

  3. I have to wonder how the numbers were “massaged” to get to this figure. We already know they do not consider those who have given up looking for a job to be unemployed. We know that those who work more than 30 hours per week are not unemployed. Those who are on welfare and never had a job, even though they were able-bodied, are not considered unemployed. So, how many are actually capable of full time work? How many of them are not working full time? THAT is the true unemployment number, and it’s a durn sight higher than 7.6%.

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