Freedom Line Blog

Responding to this morning’s terrible unemployment report, President Obama mused, “We still have a long way to go and a lot of work to do.”

No, Mr. President.  That’s precisely what the nation fears.  We’ve already allowed you to go too far and do too much, but you’re apparently not getting the clue.

For the month of June, unemployment unexpectedly rose to 9.2% and added a negligible 18,000 jobs, far below the 150,000 that economists had expected.  That means the unemployment rate has risen from 7.8% when Obama signed his massive government spending “stimulus” to 9.2% over two years later.  Keep in mind that his administration promised at the time that the “stimulus” would cap unemployment at 8% in the fall of 2009, and be down to around 6.5% by now.  Instead, it rose all the way to 10.2% and has remained above 8% for a post-war record 29 consecutive months.

Ignoring that, Obama and liberal pundits like Ezra Klein appearing on MSNBC’s “Morning Joe” claimed that what we need is even more of the same.  At what point do they finally get the signal?