This past week President Obama has attempted to pull the wool over our eyes...again...twice.
First, the president said he would give back a portion of his salary in the name of sequestration. Joke: It amounts to $20,000. Right after that announcement, the president jumped on his $180,000 and hour super toy, Air Force One, to head across country for a fundraiser with billionaires.
Second, his budget, late in coming, suggests making some adjustment to medicare and social security in an attempt
 |
| House Speaker Boehner President Obama Reuters/AP |
The president is running around the country these days touting gun control and again, as always, in campaign mode, per the earlier mentioned fundraisers. He is concentrating more on the mid-term elections and gaining control of the House than the serious plights of the country. Spending is still out of control, we are on the brink of war with North Korea, millions of people are on food stamps and at the poverty level, and as
Tyler Durden reports in ZeroHedge.com, "Things just keep getting worse for the American worker, and by implication US economy, where as we have shown many times before, it pays just as well to sit back and collect disability and various welfare and entitlement checks, than to work .The best manifestation of this: the number of people not in the labor force which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work. This was the biggest monthly increase in people dropping out of the labor force since January 2012, when the BLS did its census recast of the labor numbers. And even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% - the lowest since 1979! But at least it helped with the now painfully grotesque propaganda that the US unemployment rate is "improving."
And so it goes!
Have a great weekend.
Tweet
No comments:
Post a Comment