Sunday, November 23, 2014

Obama's Take on His World

Like many on the left, President Obama was undoubtedly dumbfounded by the outcome of the midterm election. After all, if people vote their pocketbooks, then with the unemployment rate being way down and the stock market being way up - what happened? Are the American people just stupid? (We'll get to Jonathan Gruber soon enough.) Said Obama at his 11/5/14 post-election press conference: "On almost every measure we are better off economically than when I took office." Let's see.

When Obama took office in January, 2009, the median household income was $55,871; in July, 2014 it was $54,045. Other than gas prices, inflation has caused the dollar to shrink, requiring Americans to take home more - not less - to keep up.

In January, 2009, 31,983,716 Americans were on food stamps. In July, 2014, that number soared to 46,486,434. Who thinks that huge increase speaks to a healthy economy? No surprise that the number of Americans living in poverty also increased from 2009 to 2013 - from 43.6 million to 45.3 million. Similarly, the poverty rate increased for women and blacks, although only slightly for Hispanics.

While the UNemployment rate is down, the employment rate (a more accurate reflection of the labor market) shrunk from 65.7% in January, 2009 to 62.7% in September, 2014. That is the lowest it has been since 1968. The unemployment rate does not count the chronically unemployed, and therefore can result in a misleading number. Obama, again, has done no favors for blacks as their labor participation rate is down from 63.2% to 61.7%. Women are down from 59.4% to 56.7%. Hispanics are also down - from 67.9% to 65.7%.

Homeownership rate? In the fourth quarter of 2008 it was 67.5% compared to the second quarter of 2014 when it was down to 64.7%. And those promised reductions in health insurance premiums? Up from $13,375 in 2008 to $16,351 in 2013. (All of the above stats from Fox/Hannity, 11/6/14.)

Obama was asked at the press conference if it was a mistake not to have developed closer relations with Congress. Obama's reply: "I'm certainly going to be spending a lot more time with them (Boehner and McConnell) now because that's the only way we're gonna be able to get some stuff done." Translation: "I haven't bothered meeting with those guys for 6 years; I'm not going to start now. You ever hear of an executive order?"

Obama also said this: "I'm gonna wake up every single day doing my absolute best to deliver for them (the American people)." Translation: "Screw the people. They clearly do not appreciate all that I've done for them, voting in a Republican Congress. A majority still don't even approve of the ACA. I'm gonna focus on foreign policy and make a deal with Iran about their nukes. When they get nuclear weapons it won't be on my watch. And I'm gonna make sure Kerry gets me a peace deal between the Arabs and Israelis. And if none of that works out, there's always golf, fund raising and hanging out with my buds in Hollywood and the music biz."

And while the following is unrelated to the election results, it also reflects on Obama's perception of his world. Said Obama: "My own experience tells me race relations continue to improve." Wrong again Mr. President. According to the latest IBD/TIPP poll, 46% of Americans think race relations are either much worse (24%) or somewhat worse (22%). Only 18% of Americans think race relations are either much better (4%) or somewhat better (14%). This is no surprise as Obama injects race into almost everything - from Professor Gates to Trayvon Martin to Ferguson, Missouri to the disciplining of black students by schools to the attacks on bankers, and on and on.

Therefore, it is not terribly surprising that Obama would count Al Sharpton as one of his trusted advisers. Obama and his minion are race baiters. Recall Biden saying to a black audience that Romney's policies would "put all you back in chains." And recall Harry Reid saying: "I don't know how anyone of Hispanic heritage could be a Republican, okay. Do I need to say more?"

But didn't Obama attend Rev. Wright's church for 20 years? Didn't he call Rev. Wright his mentor? Need I say more?

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