Thursday, January 31, 2013

ECONOMY SHRINKS: WHO’S TO BLAME?



The Feds announced yesterday that the nation’s economy has shrunk for the first time since 2009.  The Obama machine went into their immediate “Blame Someone Else” mode, lashing out at Republicans for being obstructionists and claiming that other indicators of economic growth outweigh their own adverse report. 

COMMENTS:

For several years now, the Obama Administration has been claiming that their methods of dealing with the economy are the only proper and correct ones and they have summarily shut out any input from the Republicans or conservative economists.  Now that the bottom is starting to fall out again, they blame the Republicans for it?  They are the ones whose condescending positions continue to lead us into trouble.  How they can blame Republicans for the defense cuts, I’ll never know; can you believe Pelosi’s unmitigated gall to suggest that it’s the Republicans fault because they caved in on the Democrats demands for reduced defense spending?  The fact that the economy shrank at all, combined with much lower consumer confidence reported Tuesday, may raise fears about the economy's durability in 2013.  The automatic spending cuts which were delayed in the latest fiscal crisis deal -- will cut into domestic and defense programs starting in March unless Congress reaches a deal to avert them.  And Americans are coming to grips with an increase in Social Security taxes that has begun to leave them with less take-home pay.  I can react to all of this using only two letters of the alphabet… B.S. 

TODAY’S QUERIES & ANSWERS:

Q. What did you think of Gabby Gifford’s’ appeal yesterday that too many children are being killed by gun violence? (Liz ~ Mesa, AZ)
A. I presume then, that it’s okay to kill adults and senior citizens? Really, the Giffords acknowledge that they own guns and their remarks were directed more at violence in general as opposed to gun violence in particular.  I think they would agree with me that background checks and the investigation of sociological and mental problems should be highest on the list of things to do.  However, mental issues are a tough nut to crack, pardon the eloquent play on words.   

Q. I think Al Gore is a sleazy character for selling his network to Al Jazeera.  What’s your opinion?  (Tyrone ~ Denver, CO)
A. Looking at it objectively, if you owned a big business that was losing money because nobody wanted to buy what it was selling, and Vladimir Putin came along and offered to buy it for $100 million, would you sell it to him or would you stand on American principles and refuse to sell it?  So, we’ve established that he’s not that strong an American, that he’s not a principled man and that he’s opportunistic.  We already know that when it comes to global warming, he’s full of hot air.   

Q. What do you say about Hillary Clinton’s already setting up an exploratory committee for the 2016 Presidential election?  (Georgia ~ Redding, CA)
A. I told you so.  And, in the back rooms of Washington, the Republicans are probably gearing up to run Jeb Bush or Colin Powell. 

TODAY’S QUOTE:

A president who breaks the law is a threat to the very structure of our government.” ~ Al Gore  (Do we take it that he didn’t vote for Obama?)

TODAY’S VIDEO:

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