Did you all notice Obama’s “walk-back” from his statement that the private sector is fine, but we need to hire more teachers, police, etc……? His walk-back had an intentional choice of words. Obama stated, “The private sector is doing fine.” He was trying to make the case that we need more people on the public teet. But, when people started to laugh at him, he tried to clarify…. “Listen, it is absolutely clear that the economy is not doing fine….”
See the subtle difference? Dirk points out, “The private sector is doing fine” / “The economy is not doing fine” – for him, this is not a contradiction.”
But, that does beg the question…. how are the public vs private sectors doing?. Well, I haven’t subtracted one from the other yet, but I can say that while the U.S., as a whole, has been stuck at 8+% unemployment for a year, the public sector enjoys a 4.7% unemployment rate!
He’s either an entirely detached president, or, he’s a lying scumbag, hell-bent on deceiving the American public. Source
“Well, I haven’t subtracted one from the other yet, but I can say that while the U.S., as a whole, has been stuck at 8+% unemployment for a year, the public sector enjoys a 4.7% unemployment rate! ”
This is the same in Spain or in Greece. While the private sector adapts and is forced to adapt, the public sector doesn’t and doesn’t have to. This IS Kugmanian or Keynesian, “anti cyclical” “stimulus” in action.
In practice, you grow private and public sector in unison in good times; you shed unproductive private sector jobs in a recession, and then, you have a disproportionally large public sector.
Oh look.
“Obama brought up the jobs bill he sent to Congress last fall. He said we’d have more jobs than we have today if Congress had passed the whole bill, instead of just parts of it. He pointed out that private-sector jobs are increasing while public-sector jobs are shrinking, and he blamed Congress for refusing to fund more public-sector jobs.”
http://www.slate.com/articles/news_and_politics/frame_game/2012/06/obama_blames_europe_his_economic_press_conference_ducks_the_bad_jobs_report_.html
Obama says, in other words, that you have NOT ENOUGH bureaucrats TO RECOVER!
I think that’s way more deluded than Carter.
Makes you wonder, did Bilderberg select him with the explicit mission to bring down the US?
http://www.rt.com/news/bilderberg-power-us-obama-932/
It could be. They’re a very stupid group of people. Did they not notice the American reaction to the first Carter administration?
You might be right, Carter may have been less delusional and more intellectually competent than Obama (Carter II)
Ah, this Alienator is making a class distinction.
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Sheik Hasina says the economy is doing fine despite the global recession. (April 2012)
Bangladesh and the US have a lot in common.