Tuesday, October 7, 2014

DESPITE OBAMA'S MANY CLAIMS, THE ECONOMY CONTINUES TO TANK…


Americans apparently think no better of Barry "Almighty's" economic policies than they do about much of the rest of his anti-America agenda. And I’d like to think that that’s because more Americans are finally coming to the realization that socialism simply does not work, and never really has anywhere its ever been tried. And despite the many promises made by those on the left, that the ever elusive socialist utopia remains just that, elusive.

But as is usually the case, there remains that stubborn few who continue to hold out hope that Barry can somehow make that utopia a reality. Besides those Democrats in Congress, we continue to have 24 percent of Americans who say they are extremely or quite confident in Barry's economic policies. That's a record low for his presidential tenure and down from 33 percent when the question was last asked as recently as June 2013.

Meanwhile, 74 percent of the 805 respondents in CNBC’s, Sept. 25 to 28, All-America Economic survey, say they are not at all or somewhat confident in Barry's economic policies. Specifically, 44 percent of the respondents say they have no confidence at all in Barry's stewardship of the economy, which tied with the prior record high back in August of 2012. How can you have confidence in someone who has only succeeded in making things worse?

Even among anti-capitalism, pro-socialism, Democrats, it’s only 45 percent who are able to bring themselves to say that they are extremely or quite confident in Barry when it comes to economic policy. The only bright spot for Barry, and something that makes very little sense to me, is that it appears, again according to this most recent survey, that the ratings for Republicans in Congress are even worse. This despite the fact that it’s Democrat policies that have failed so miserably.

So in what shows that many folks still are not ready to throw in the towel when it comes to socialism in America, only 11 percent of those polled are extremely or quite confident in congressional Republicans' economic policies, compared with 16 percent for congressional Democrats. A total of 79 percent of the respondents view the economy as fair or poor, down from 84 percent a year ago, while those rating the economy as excellent or good rose 3 points.

Even those who are doing well are not confident in Barry's economic policies. A little more than a fourth of those with at least $50,000 in the stock market have high confidence in Barry's economic policies even though the market has risen 144 percent during his presidency. But I think most of those are able to recognize the fact that the only reason the stock market is where it’s at is because we have had far too much government intervention.

The bleak views on economic policy and the economy's health are said to come despite recent signs of strength in the economy. GDP grew 4.6 percent in the second quarter, and the September jobs report was stronger than expected. But again, I think most people also realize that the jobs numbers which we are presented with at the end of each month are pretty much nothing more than a pure work of fiction.

As much as Barry and the Democrats which to present a rosy economic image and of increasing job growth, it’s just the opposite that’s true. Since Barry assumed office 10 million folks have left the nation’s workforce, and more people than ever before in out history are now dependent, in one way or another, on the government. And our $17 Trillion, and growing, debt weighs like an anchor on our struggling economy. And Barry’s lies cannot alter that fact!

No comments:

Post a Comment