Sunday, August 8, 2010

What else is new.

It is nice to see that President Obama sees a silver lining on jobs created in this economy even though the unemployment index remains at 9.5% and many economist have said that we must create approx. 300,000 jobs a month to see the unemployment number go down to 9.4% and then some. But all we need is for Obama and his friend Bite-me to keep on claiming all the jobs they have saved and created even though they have no stats to back up their assertion. We have created so many jobs you would think unemployment would be below 4%. But I guess we can continue to blame George Bush even though during the Bush administration there was 52 weeks of continued growth and unemployment went below 5% until 2007. Of course the Democrats took over Congress in 2006 and did nothing since to curb spending. Imagine if we all could spend and spend and see our income grow. Obama, Pelosi and Reid think so. Of course it is our money and not theirs they are spending.

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