Days of Change

Day 1186 – Everyone’s Fired. Let the Job Creation Begin

The (insert overly superior adjective here) January job creation numbers have one flaw. The number of total jobs is actually down. Not wasting a crisis, the Obama administration managed to make the bad job situation their advantage in almost any circumstance. When Republicans failed to extend unemployment benefits for 3 or 4 years, it took people entirely off the unemployment roles. This low point in employment can only go up, but not by much. We are likely in the dead cat bounce portion of the “recovery.”

This may be better than the first three years of Obama, but there’s nothing too great here. The Stimulus has been spent on his cronies for years and yet he credits it for a recover. However, he still wants to spend more and tax more to keep it from ending. The pattern is predictable. If things are bad, spend money to fix it. If things are good, spend money because it’s there. All I want to spend money on is the moving van in a year from now.