Come on people, if there this is one thing we know about our current Douche Bag-in-Chief, Barry O’Bummer, it’s that this limp-wristed piece of dog squeeze takes responsibility for absolutely nothing. So why should any of us be at all surprised to hear that he now sees himself being in no way responsible for the fact that there has been nothing that could even remotely be called an economic recovery that has taken place at any point during his presidency. So instead of reacting to a recent report regarding the weak economic growth in the first quarter of 2016 in a responsible, and adult, manner all he does is to blame the Republicans.
And so it was then that in very typical fashion that we heard from presidential spokesmoron Josh Earnest as he did his absolute best in an effort to defend the complete insanity that has taken place over the last 7+ years. Earnest said, "The president has spent years making the case to Republicans in Congress that there is more that could be done that would strengthen our economy, expand economic opportunity for the middle class and lay a foundation for our nation's long-term strength for the decades ahead." And I thought Jay Carney was a lying piece of crap, but Earnest makes ‘him’ look almost honest. Almost, that is!
And Earnest went on to say, "And that includes investment in infrastructure. You know, the president is quoted in a story today talking about how, frankly, the United States missed an opportunity over the last couple of years to make critical investments in infrastructure while interest rates were low, while the construction sector was not as strong as it previously was. And it's unfortunate that years have gone by where that opportunity has been missed." Personally, I thought the TARP money was supposed to go to shovel ready infrastructure projects, if so why are we still taking about “investing” in improving our infrastructure?
Earnest once again made his pitch that the real reason for the missed opportunity "was because of Republicans' stubborn refusal to consider any priority that President Obama has identified." And as to be expected Earnest also mentioned Republicans' failure to raise the minimum wage, which "certainly would bring more fairness to our economy" and help grow it "from the middle out." Anyone with a brain realizes that raising the minimum wage would cause even more people to be out of work. But the bright side of that, at least if you’re a Democrat, those folks would then likely become dependent upon government, which is really Barry’s goal.
As was reported on Thursday, the United States has started 2016 with a record tenth-straight first quarter in which real GDP grew at an annual rate of less than 3 percent, according to the “advance” estimate of first quarter GDP published by the Bureau of Economic Analysis (BEA). The BEA’s advance estimate of real GDP for the first quarter of 2016 showed real GDP growing at an annual rate of 0.5 percent. Now Barry would have actually had something to brag about, economically speaking, had he decided to follow the example set by Reagan. Reagan, you may or may not recall, ended up with a real annual growth rate in the GDP of 3.5 percent.
Earnest was asked: "Are you saying that the growth rate as it stood in the first quarter is an indirect result of Republicans failing to go along with infrastructure, increased spending for infrastructure, minimum wage increases?" To which Earnest replied, "There is no denying that there are a wide variety of economic indicators that would be stronger if Republicans in Congress had seized the initiative three or four years ago and made a critical investment in our infrastructure." What there’s no denying of is the fact that the economic policies which Barry has put into place have had exactly the result that he intended them to have.
Earnest said, "So I would hesitate to draw a line between one spending proposal and one economic indicator, but there's no denying that the longer-term trends would be even better than they already are if Republicans had followed the president's advice.” He added, "Fortunately, there are some things that we were able to do without strong Republican support, things like the Recovery Act and the Affordable Care Act and Wall Street reform, all of which did have positive benefits for our economy that we continue to enjoy. The vast majority -- those things were passed even though the vast majority Republicans who were in office at the time opposed them.”
Earnest said, "And you know, we continue to look for additional ways to strengthen our economy, even in the face of unprecedented Republican obstruction in Congress." Earnest pointed to other economic indicators that Barry feels good about, including jobs. He said, "Obviously the numbers that we're most attuned to are the jobs numbers and, you know, the U.S. economy is currently on the longest streak of private-sector job growth in our nation’s history. 73 consecutive months for a total of 14.4 million private-sector jobs. That's a -- that's a remarkable streak and demonstrates the resilience of the U.S. economy."
Earnest may choose to brag about these supposed 14.4 million private-sector jobs that he ‘claims’ have been created, but what he so very conveniently leaves out of the conversation is the fact that the vast majority of those jobs are only part time. Many Americans who are seeking full time employment have had to settle for working one, or perhaps more than one, part time jobs simply to make ends meet in Barry’s economy. But you won’t hear that from Barry, or for that matter, any of his many minions in the state controlled media. It’s kind of the dirty little secret that’s never talked about in an effort to hoodwink the American people.
Now it has also been previously reported, and on numerous occasions, that, yes, the unemployment number is low, but so is the labor force participation rate. Last month we had 93,688,000 Americans who were no longer in the labor force, and only 62.9 percent of the civilian noninstitutional population either held a job or actively sought one during the month of March. And it hasn’t been that low since the days of Jimmy Carter. So essentially the much ballyhooed unemployment number is really nothing more than a work of governmental fiction. It’s now a number that has become totally meaningless because it’s based only on seriously flawed data.
So what we have here is Barry ending his presidency essentially right where he was when it began on that fateful day in January 2009. He started his first term by blaming George W. Bush and it would at least appear that he intends to end his second term also blaming Bush. Which pretty much sums up his entire presidency where we never once saw him take actually responsibility for anything. And sadly we’ve been forced to watch as the Democrats have not so gradually been working very hard to dismantle the nation and to fundamentally reform it. And it has been Barry leading the charge in that endeavor.