O’S ‘INCOME INEQUALITY’ TOUR CONTINUES
If it weren’t already “official,” it’s definitely official now: The Boy King declared in Kansas this week that his re-election fight will be all about income inequality. (Think about it, loons, “equal opportunity” and “income equality” are not mutually-inclusive terms.) According to a fact check by the Washington Post, it’s also going to be a fight against hard facts and inconvenient truths. True to form, Lord Obama lashed out at Republicans and George Bush for economic conditions that have mainly come during his own “stewardship” of the economy:
- Obama’s claim of the “slowest job-growth”includes the loss of jobs under his reign. The Regime provided as “evidence” a report on a New York Times blog that was based on gross domestic product data through 2010, or the first two years of the Obama Regime.
- The Regime also cited a Center on American Progress report on job growth through 2007, which showed monthly job-growth of 68,000 during the Bush business-cycle. Guess what? Job-growth under Obama — just 40,500 a month – is far worse, according to the Bureau of Labor Statistics.
Is it just me, or is it hysterical that the Boy King continues to blame poor job-growth on the “Bush tax cuts,” especially after Captain Teleprompter himself ram-roaded his disingenuous $1 trillion “stimulus” package through Congress? Think about it: The rate cuts took place in 2001 and 2003 – and have remained in place ever since. If they damaged job-creation, then we wouldn’t have seen the explosive job-growth we saw in 2004-2006, right? (The economy added over 6 million jobs during that period.)
Even more pathetic? Captain Buck Passer blames the “Bush tax-cuts” for “massive deficits.” Check out this report from the Congressional Budget Office. The data clearly shows that the number one contributor to the disappearance of projected surpluses was increased spending - which accounted for 36.5% of the decline in the nation’s fiscal position. The “Bush tax cuts” were responsible for just 24%. (Bring it, loons – I’m waiting for you.)
As I’ve said in the past, this is WAY over the heads of the loony “less-than-informed,” (not to mention the sock puppets of the Obama Media Group and the Hollywood “elite.”) but DAMN – Mr. Liar-in-Chief, have you no shame? (NO.)
P.S. – The last Republican budget – FY-2007 – spent $2.77 trillion. Democrats took control of Congress and raised annual spending levels in just three years by over a trillion dollars, while tax receipts declined due to the recession. Additionally, the Boy King pushed through an $800 billion “stimulus” plan that supposedly was going to restart job creation. Blaming George Bush for deficits in 2009, 2010, and 2011 isn’t just wrong – it’s a self-serving lie. The hell of it is, he knows it.
There’s nothing quite like smug arrogance.