BARACK OBAMA, THE ‘FAUX’ PRESIDENT OF THE UNITED STATES!!

by Jonathan E.P. Moore

BARACK OBAMA, THE ‘FAUX’ PRESIDENT OF THE UNITED STATES!!  

BARACK OBAMA CONTINUES TO LIE, DEFRAUD, AND DECEIVE, AND WITH THE HELP OF THE ‘PAID TO REPORT’ MEDIA, THINKS HE IS PULLING A FAST ONE OVER THE VERY AWAKE AMERICAN PEOPLE!!

Obama had another one of his self-serving blame game rants after his economic numbers came out, and again the topic was the economy, his tax and spend, and the Republicans standing in his way of infrastructure improvements! which is basically the same as bitching at your brother and in the same family who will end up kissing and making up right after he gets off the air! Anyway, don’t they have much better things to do with only 7 months left in their joint reign of terror of undermining the Constitution and the ‘Will’ of the American People?

Infrastructure cost’s money, and with a deficit close to $20 Trillion dollars, Obama blames Republicans! Bait and switch comes to mind, and by that I mean blame their brothers in bond on the other side of the aisle and then make the American People believe that his solutions need money and have the chicken sh*t GOP become the ones to hold responsible, which will force the GOP to probably buckle under again anyway, and again raise the debt ceiling and print money!! Obama again talks about Corporations need to pay their fair share, tax cheats, stopping corporations from moving out of America for tax purposes, and how he will need to cut Medicare and Medicaid in order to continue to drag America down through its debt, and continue to buy votes through entitlements!
Obama went on to proclaim how the 2016 Presidential Candidates need to held accountable for their past and vetted, and unlike himself, Cruz, and Rubio, which by the way eliminates them from being a Vice Presidential Candidate because of not being a ‘Natural born Citizen,’ and with a smirk on his face, still bitches and blames!

Obama’s 15 minutes of playing the blame game again has showed is continued disdain for the Constitution, and using number #3 of the 8 steps of Alinsky’s guidebook to transforming our Democratic Republic through an agenda of Socialism!

3) DEBT: Increase the debt to an unsustainable level. That way you are able to increase taxes, and this will produce more poverty.Obama, and Hillary if elected, will continue their behind the scenes of Socialism, which by the way kills economic growth: Strong economic growth is what produces jobs, tax revenue and a better standard of living for everyone, including the poor and middle class. That's what John F. Kennedy was driving at when he said, "A rising tide (in the economy) lifts all boats." Socialism strangles economic growth in the crib by penalizing success and rewarding failure. When you loot the successful people in a society to give it to the less successful, you quite naturally reduce the number of successful people and encourage more people to fail. This leads to a never-ending cycle. The more people in need there are, the more the successful must be penalized to pay for them. The more the successful are penalized, the fewer successful people there are. This causes wealth to concentrate in fewer hands, the economy slows down, and even more people need help. It goes on and on until you get a slow economy that can't produce enough tax revenue to sustain itself. That's exactly what killed the Soviet Union, it's killing Greece right now and sadly, the United States and most of Western Europe is on exactly the same path.

Obama lied to the American people to get their vote when he said I am going to cut the deficit in half! The Fed under Obama injected, or should I say printed money and injected it into the economy, and hasn’t had a budget, but submitted a ‘My way or the Highway’ that was impractical and unreasonable for the last 7 years, and in effect intentionally had no plans to reduce the deficit!!

Record 94,610,000 Americans Not in Labor Force
The number of Americans not in the labor force exceeded 94 million for the second time in a row last month hitting a new record high, according to new government data released Friday morning.The Bureau of Labor Statistics reports that a record 94,610,000 people (ages 16 and over) were not in the labor force in September. In other words, they were neither employed nor had made specific efforts to find work in the prior four weeks.The number of individuals out of the work force last month — due to discouragement, retirement or otherwise — represented a substantial 579,000 person increase over the most recent record, hit in August, of 94,031,000 people out of the workforce.

While the prior two months saw a labor force participation rate of 62.2 percent, September’s participation rate dropped to 62.4 percent, matching the lowest level seen since October 1977. Overall the Labor Department reported that the economy added 142,000 nonfarm payroll jobs in September and the unemployment rate remained at 5.1 percent.

I have to say that when you’re right, you’re right, and it really can’t be stated any better than in this article by Michael Busler -  May 6, 2016
BARACK OBAMA’S ECONOMIC DELUSION CONTINUE UNABATED!!
Tax and spend, here we go again! After a weak jobs report this week, President Obama gave a press conference noting that the economy needs to grow via more government spending. Really? Tax and spend, here we go again. After a weak jobs report this week, President Obama gave a press conference noting that the economy needs to grow. Unfortunately, contrary to what he has claimed over the past 7 ½ years, his persistent belief that his tax and spend policies will lead to economic growth is pure delusion.

To stimulate growth, he asserted, the federal government should spend billions of dollars repairing our run-down infrastructure. While he is correct that we are in need of infrastructure repairs, increasing government spending at a time when the annual budget deficit is over $500 billion will not add to economic growth. Further, his last nearly $1 trillion stimulus package similarly did little to stimulate growth.

While he claims Republican members of Congress have blocked his spending plans, the reason is that in the last election in 2014, the voters overwhelmingly voted for members of Congress and Senators who vowed to reduce government spending, reduce the deficit and stabilize the public debt.

The Republicans didn’t block his tax and spend policies. The voters did.

He also said he wants to raise the minimum wage. and Republicans in Congress are blocking that. It’s a good thing they are, because while the minimum wage helps some unskilled workers, it creates unemployment and lack of opportunity for millions. The current unemployment rate for unskilled workers exceeds 20 percent.  Raising the minimum wage to $12 or $15 would raise that rate to over 30 percent.
Obama is incorrect in believing that raising the minimum wage will stimulate the economy. While the wage increase will increase spending for those who have a job, the increase must come from somewhere.  Although the effect on overall inflation would be minimal, for every additional dollar of wage increase, there is an additional dollar increase in prices, which reduces spending by other consumers. The net effect is zero and is actually less than zero when you consider that the additional wages are subject to social security taxes.
Obama said he wanted to change the tax code, so that high achievers and large corporations pay their fair share, although he has never defined what fair share means. He says Congress will block his efforts. They will, and that’s a good thing.

If growth is truly the goal, as he claimed in the beginning of his speech, then he should support a tax policy that encourages capital formation, instead of concentrating on curing perceived social injustices that he believes are caused by the tax code.  In 1996, President Clinton, working with an extremely conservative Congress led by Speaker Newt Gingrich, passed tax reducing, capital creating policies that led to the economy growing at more than a 4 percent annual rate for the next four years.
It’s about time that President Obama spoke of taking action to grow the economy since Obama will be the first President in recorded history who served an entire term without at least one year where economic growth exceeded 3 percent. Obama has had growth of less than 2.5 percent every year. That’s really the cause of almost all our economic problems.Obama believes the economy is growing. He started the press conference by noting that the economy added 160,000 jobs last month making it the 74 consecutive month of job growth, bringing the total number of jobs created since the recession ended to more than 14 million and keeping the unemployment rate at 5 percent. What he neglected to mention was that while there has been job growth, there were large job losses of about 11 million just after he took office so that the net increase in jobs from January 2009 to today is actually less than 4 million.
The stated unemployment rate is artificially low because so many people have dropped out of the labor force that a mere 62.8 percent of working age adults participate in our current economy. In the 1990s, this rate was 67 percent. Adding in the discouraged workers and part-time workers would yield an unemployment rate in excess of 9 percent.
The President finished his talk by noting that the voters have a clear choice in the upcoming presidential election. His policies and those of Hillary Clinton and Bernie Sanders are very clear. They favor raising the minimum wage, providing free health care to those who can’t afford it, providing additional free worker benefits like maternity leave and raising taxes on the highest achievers and corporations (which are mostly owned by individuals who have investments, particularly for retirement purposes).These are the exact policies that the President has pushed for the last 7 ½ years, all of which have led to the “Great Obama Stagnation” which is built almost entirely on this president’s economic delusions.

He is right though. The voters do have a clear choice come November.

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Jonathan E P Moore ‘While You Were Sleeping’

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