Barack Obama, Outsourcer-in-Chief
Lost Focus
Obama To 23 Million Struggling Americans: “The Private Sector Is Doing Fine”
Obama: “The Private Sector Is Doing Fine.” “The truth of the matter is that, as I said, we’ve created 4.3 million jobs over the last 27 months, over 800,000 just this year alone. The private sector is doing fine.” (President Barack Obama, Press Conference, 6/8/12)
Four Years Later, Not Better Off: May Jobs Number A ‘Tragedy”
CNBC’S Carl Quintanilla: “I hope you won’t mind, Madame Secretary, one question that’s not so technical. We were here, down at the big board this morning, when the data hit. Groans across the New York stock exchange floor. This is not your first BLS report, but I’m just curious, when you were first told the number, what did you say?”
Labor Secretary Hilda Solis: “Silence.” (CNBC’s “Squawk On The Street,” 6/1/12)
Hype And Blame: Jobs
Obamanomics Failed To Live Up To The President’s Promises, So Now He Resorts To Blaming Everyone But Himself
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ON THE CAMPAIGN TRAIL IN 2008, CANDIDATE OBAMA PROMISED MILLIONS OF NEW JOBS
Obama Promised Virginians He Would Put Two Million Americans To Work Rebuilding American Infrastructure. OBAMA: “I’ll also put two million more Americans to work rebuilding our crumbling roads, schools, and bridges - because it is time to build an American infrastructure for the 21st century. And if people ask how we’re going to pay for this, you tell them that if we can spend $10 billion a month in Iraq, we can spend some money to rebuild America.” (Senator Barack Obama, Remarks, Richmond, VA, 10/22/08)
Obama Promised Ohioans He Would Create Five Million Green Energy Jobs. OBAMA: “We’ll create two million new jobs by rebuilding our crumbling roads, and bridges, and schools. And I will invest $15 billion a year in renewable sources of energy to create five million new energy jobs over the next decade - jobs that pay well and can’t be outsourced.” (Senator Barack Obama, Remarks, Columbus, OH, 11/2/08)
BUT MORE THAN THREE YEARS LATER, THE ECONOMY REMAINS IN SHAMBLES AND THE PROMISED JOBS ARE NOWHERE TO BE FOUND
“Rising Layoffs, Falling Home Sales And Slowing Manufacturing Activity Are Sparking Fears That The Economic Recovery Is Headed For A Springtime Stall For The Third Year In A Row.” (Ben Casselman and Nick Timiraos, “Economic Reports Fan Fears,” The Wall Street Journal, 4/19/12)
- “‘It’s Been The Weakest Recovery In The Post-World War II Period, And That Hasn’t Changed,’ Said David Rosenberg, Chief Economist For Investment Firm Gluskin Sheff.” (Ben Casselman and Nick Timiraos, “Economic Reports Fan Fears,” The Wall Street Journal, 4/19/12)
Since President Obama Took Office, The Nation Has Lost 740,000 Jobs And The Unemployment Rate Has Increased From 7.8 Percent To 8.2 Percent. (Bureau Of Labor Statistics, Accessed 5/2/12)
