Saturday, August 14, 2010

Signs of strong economy?

Found this nifty little chart on AOL.

Here is what all of the letters mean:

A) Obama budget predicts that the unemployment rate for 2009 will be 8.1 percent (actual rate is 9.3 percent), and says it will be 7.9 percent in 2010 (average so far: 9.7 percent). -- Feb. 26, 2009
B) Fed Chairman Bernanke says he sees "green shoots" of U.S. recovery, which, he said, would "pick up steam" next year. -- March 15, 2009
C) Obama says, "We are beginning to see glimmers of hope." -- April 14, 2009
D) CNN reports that "Job Recovery May Be on the Way." -- May 18, 2009
E) Jeffrey Kling of the Brookings Institution says, "It seems clear the U.S. economy has turned a corner." -- June 5, 2009
F) Bernanke says recovery is under way and "prospects for a return to growth in the near term appear good." -- Sept. 16, 2009
G) Obama says, "We are seeing the corner turn on the economy growing again." -- Feb. 7, 2010
H) Obama says, "The worst of the storm is over. ... We are beginning to turn the corner." -- April 3, 2010
I) Obama says, "The economy is getting stronger by the day." -- June 4, 2010
I) Vice President Joe Biden dubs the months ahead "Recovery Summer," and David Axelrod adds that "this summer will be the most active Recovery Act season yet." -- June 17, 2010
I) Obama declares the economic recovery is "well under way." -- June 29, 2010
J) White House press secretary Robert Gibbs says, "The economy is getting stronger." -- July 8, 2010

Monday, August 09, 2010

Attention President Obama...

Bush is not president anymore.

I thought I would just throw that out there, since our current President seems to have forgotten that the election is over and he won.

Reuters headline:

Obama attacks Bush policies in Bush's home state

You are in charge now, President Obama. There are no more Bush policies, only your policies. Notice our economic situation, Mr. President. Your policies are a failure.

Friday, August 06, 2010

How can the media get away with such spin?

The overall economy lost 131,000 jobs in July, but you would not know that based on how the media is choosing to portray the economic numbers.

Headline after headline is portraying the economy as gaining 71,000 private sector jobs. For example, the Milwaukee Journal Sentinel is portraying this headline:

Private employers added 71,000 jobs in July; unemployment rate unchanged at 9.5 percent

The reality is the economy lost 131,000. There was no overall job growth whatsoever.

I understand that the media is carrying President Obama's and the Democrats' water for them.

But seriously, do they really think they are fooling anybody with half a brain?

Thursday, August 05, 2010

Congressman Sensenbrenner and Ryan endorse Scott Walker

Wow- this is huge.

Milwaukee County Executive Scott Walker secured the endorsements Wednesday of two congressmen in his bid for the Republican nomination for governor.

U.S. Reps. Paul Ryan of Janesville and F. James Sensenbrenner Jr. of Menomonee Falls said they were backing Walker in a statement released by Walker's campaign.

Walker faces former U.S. Rep. Mark Neumann in the Sept. 14 Republican primary. The major Democrat in the race is Milwaukee Mayor Tom Barrett.