I know Obama and the Democrat Party think Americans are dense, apathetic, stupid and ignorant. They count on it to get elected? This one quote from DNC Chair, Debbie Wasserman Schultz, recent appearance on "Morning Joe" exemplifies their utter disdain for the American people better than anything I have seen in a long time.
"Well, the Republicans who think the Recovery Act (stimulus) didn't work are simply wrong. The Recovery Act, as of the beginning of this year, created an additional 3.6 million jobs. We have -- the Recovery Act had a direct impact on making sure the teachers, firefighters, police officers were able to remain in their jobs. It begun -- it helped begin to turn the economy around. 50% of it was tax breaks to small businesses and to the middle class. So every economist you would talk to that is worth their salt acknowledges that without the Recovery Act we would not be continuing on the upswing. We would still be either stuck or spiraling downward. So the Republicans can't make up their own facts. The bottom line is the Recovery Act had an impact."
Let's look at this one piece at a time:
"Well, the Republicans who think the Recovery Act (stimulus) didn't work are simply wrong. The Recovery Act, as of the beginning of this year, created an additional 3.6 million jobs. . . “
- How many of these were federal government employees?
- She forgot to say “created or saved”.
- How many were digging ditches and filling them in a la Keynes’ theory?
- How many jobs were created in August? ZERO!
- How many jobs for black teenagers? 50% unemployment!
“We have -- the Recovery Act had a direct impact on making sure the teachers, firefighters, police officers were able to remain in their jobs. . .”
- There we go! The Act “saved” teachers, firefighters and police. She forgot to mention senior citizens, sick children and "the poor" in the same sentence. Minor oversight.
“It begun -- it helped begin to turn the economy around.”
- Really? Which economy is she referring to? The U.S. economy has experienced nothing but misery since January 2009. We lost our AAA credit rating. We are bankrupt with unprecedented national debt and deficit spending. Real unemployment is somewhere north of 16%. Gold is at an all-time high. Obamacare and endless regulations stifle the economy. We have a moratorium on virtually all domestic drilling for oil.
“50% of it was tax breaks to small businesses and to the middle class.”
- She must be referring to the payroll tax holiday because no other “breaks” have been extended to small business. No incentives to hire. No incentives to make capital investments. If you are not General Electric or a “green energy company” on the brink of bankruptcy even after receiving federal funds, the Obama administration will have nothing to do with you.
“So every economist you would talk to that is worth their salt acknowledges that without the Recovery Act we would not be continuing on the upswing. We would still be either stuck or spiraling downward.”
- Where do I start? “Economist worth their salt” = “Economists who believes in the Keynsian, redistribution of wealth, command-and-control, Washington-driven policies. Anyone who disagrees with these loony progressives, is labeled as "fringe fill-in-your-own-blank-here". This is the same argument they make about man made global warming skeptics.
- The economy “continuing on the upswing”, “we would still be either stuck or spiraling downward.” Based on these two snippets, Wasserman proves that she thinks a long-time unemployed worker or someone who is working two or three jobs just to make ends meet is too stupid to recognize that the economy sucks. There is not a single economic statistic that indicates an "upswing" yet she throws this language out like it is The Gospel.
“So the Republicans can't make up their own facts. The bottom line is the Recovery Act had an impact."
- It sure did! It sent the American economy into a death spiral.
http://www.realclearpolitics.com/video/2011/09/06/wasserman_schultz_republicans_who_think_the_recovery_act_didnt_work_are_wrong.html
