Hope goes Plouffe from Ian Swanson, Hill:
President Obama’s senior political adviser David Plouffe said Wednesday that people won’t vote in 2012 based on the unemployment rate.
Plouffe should probably hope that’s the case, since dismal job figures aren’t expected to get any better for Obama and the economy on Friday.
[…]
The jobs report released on Friday showed the economy added only 18,000 jobs, much less than anticipated. The unemployment rate creeped up to 9.2 percent.]
Take home points:
- One, the Obami are out of ideas on how to revive the economy.
- Two, the Lams Stream Media can not longer be depended on to parrot the Obami’s rosey recovery scenarios.
- Three, the voters no longer believe the Obami
How to Gipperize the Economy, while the Obami are up a stump on the economy Fred Barnes reviews on Ronald Reagan repaired an economy, from Wall Street Journal:
So here are the two relevant lessons for the ongoing discussions on raising the debt ceiling between Congress and the White House: 1) spending does little to spur economic growth and job creation and 2) cuts are fleeting and quickly overwhelmed by more spending. Thus the solution to the spending problem is straightforward: Rather than temporary cuts, what’s needed are a permanent cap on spending and structural changes in entitlement programs.
Team Romney’s quick counterstrike, video:
Hat tip: Allah Pundit, Hot Air.
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July 9th, 2011 at 13:57
David:
<blockquote>One, the Obami are out of ideas on how to revive the economy.</blockquote>
Their focus, remember, was not on reinvigorate in the economy, but dispensing “economic justice”. In other words, and they waged war on the successful. At the moment they appear to be winning the battle. Which is precisely why reinvigorating in this economy is beyond them.
I suggest them being out of ideas is a good thing. The ideas that
they’ve had so far have worked so well, after all. Any more such ideas
and we won’t have a country left. That is, assuming we actually have
one after they leave office.