No Runny Eggs

The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think.

Archive for August 5th, 2010

Biden the Oracle of the Economy

I have to admit that I thought we were all being set up when at the end of April, Vice President Biden said:

Well, I’m here to tell you, some time in the next couple of months, we’re going to be creating between 250,000 jobs a month and 500,000 jobs a month.

I thought for sure that Biden was just giving us another chorus of happy talk from the administration. I didn’t see anyway, at least by looking out my economic window, that the economy was about to do anything regarding jobs, that would be at a level of nearly 500,000!

I was wrong! Vice President Biden was right!

Today, in another unexpected surprise, the Labor Department announced that new claims for unemployment insurance rose to 479,000! Admittedly, that’s not 500,000. However, I have to give VP Biden kudos for having the foresight to predict a number that appeared incredibly outlandish to us rubes on the sidelines. 500,000 would have been great but 479,000 is nothing to sneeze at! Great job Vice President Biden! It surely is “Recovery Summer!”

Uh, what?…He predicted 500,000 new jobs but we have nearly 500,000 new people collecting unemployment? Um….that’s not good!

Never mind!

Profound Animosity

It’s now been almost four full years that Barack Obama has been running for office against George Bush.  Yes, some of us (almost all on the right) know that George Bush hasn’t been on the political scene, let alone been President, for 18 months.  None the less, President Obama (isn’t that odd how he carries the title “President” but still doesn’t know that George Bush isn’t?) continues to campaign against George Bush.

During his campaign stop on Wednesday with the AFL-CIO Executive Council, he pledged his commitment to rebuild the economy (I wonder if VP Biden knows this as he’s already told us we’ll have 500,000 new jobs each month and that this is “Recovery Summer”), that he was not  “giving up or giving in” and he was going to change the direction from:

at least eight years in which there was a profound animosity towards the notion of unions.

Well, if “profound animosity towards the notion of unions” is what kept our unemployment rate under 5%, a GDP that was the envy of the world, the ability if not to shrink the deficit, at least keep up with the ridiculous Washington spending, then I’d have to say, “bring it on!”

Instead of “profound animosity towards the notion of unions,” President Obama has shown himself to have profound animosity towards all forms of employment or enterprise that do not include unions.  When it came to the union shops i.e. GM, Chrysler et al, President obama rushed into the burning buildings to save his constituents.  In every other effort regarding the economy, you can determine President Obama’s position in advance by determining what would be the best solution in a free market, and take the opposite!

Even if it was proved true that George Bush had “profound animosity towards the notion of unions,” I would take that back in a hearbeat over the profound animosity that President Obama has shown towards the 87.7% of us workers who can manage employment without paying a monthly allotment towards protection money.

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