{"id":7522,"date":"2010-10-28T17:18:11","date_gmt":"2010-10-28T21:18:11","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=7522"},"modified":"2010-10-28T17:18:11","modified_gmt":"2010-10-28T21:18:11","slug":"employment-data-vindicates-german-rejection-of-obamanomic-stimulus","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/7522\/employment-data-vindicates-german-rejection-of-obamanomic-stimulus\/","title":{"rendered":"Employment Data Vindicates German Rejection of Obamanomic &#8220;Stimulus&#8221;"},"content":{"rendered":"<p>Consistent with his vision of himself as point guard directing the entire universe, Barack Obama has <a href=\"http:\/\/www.dw-world.de\/dw\/article\/0,,5710437,00.html\" target=\"_blank\">repeatedly scolded<\/a> his German counterpart Angela Merkel to pursue more of the Keynesian &#8220;stimulus&#8221; he prefers.<\/p>\n<p>Today, however, employment data provided the latest vindication of Germany&#8217;s rejection of Obamanomics.\u00a0 Despite the worldwide economic malaise, German unemployment has now fallen to its lowest level in almost 20 years.\u00a0 Its unemployment rate is now 7.5%, and its total number of jobless fell below the 3 million threshold for the first time since 1992.\u00a0 Here in the U.S., meanwhile, we&#8217;ve now seen the <a href=\"http:\/\/data.bls.gov\/PDQ\/servlet\/SurveyOutputServlet?data_tool=latest_numbers&amp;series_id=LNS14000000\" target=\"_blank\">unemployment rate<\/a> rise from 8.2% when Obama signed his $814 billion &#8220;stimulus&#8221; in February 2009 to 9.6% today.<\/p>\n<p>Obama loves to lecture <a href=\"http:\/\/www.washingtonexaminer.com\/opinion\/blogs\/beltway-confidential\/Obama-Dems-are-in-trouble-because-Americans-arent-thinking-clearly-105130709.html\" target=\"_blank\">campaign crowds<\/a> that those opposing his agenda are blind to &#8220;facts and science,&#8221; but this latest data once again proves that he&#8217;s the one refusing to acknowledge hard reality.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consistent with his vision of himself as point guard directing the entire universe, Barack Obama has repeatedly scolded his German counterpart Angela Merkel to pursue more of the Keynesian &#8220;stimulus&#8221; he prefers. Today, however, employment data provided the latest vindication of Germany&#8217;s rejection of Obamanomics.\u00a0 Despite the worldwide economic malaise, German unemployment has now fallen [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[59,19,124,24,1614,179,28,18],"class_list":["post-7522","post","type-post","status-publish","format-standard","hentry","category-posts","tag-deficit","tag-economy","tag-germany","tag-obama","tag-obamanomics","tag-stimulus","tag-tea-party","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/7522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=7522"}],"version-history":[{"count":1,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/7522\/revisions"}],"predecessor-version":[{"id":7523,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/7522\/revisions\/7523"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=7522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=7522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=7522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}