Monday, May 10, 2010

Fun with the Bureau of Labor Statistics Database

As Nancy Pelosi said months ago, it's all about "jobs, jobs, jobs and jobs."

That's why our beloved Democrat leaders have spent all of their time spending money borrowed from our children, creating new entitlement programs and impoverishing the taxpayers of America. If you need more proof, may I present Exhibit A, which I call It's Another Obama Record: 40 million on Food Stamps!?

And if you need still more proof that Democrats are concerned with only one thing -- power, power, power and more power -- allow me to present Exhibits B, C and D, courtesy of our friends at the Bureau of Labor Statistics. These are a little set of tables I like to call The slow-motion destruction of the American economy.

The number of long-term unemployed (six or more months) continues to rise, which translates to more foreclosures, more bad loans and more folks having to survive with public assistance.

The U-3, U-4, U-5 and U-6 unemployment measures all continue to rise. This means the economy -- in simple terms -- sucks. Say, Mr. Bernanke, I can't wait for the Bush tax cuts to expire! That ought to really help!

It's now been 18 months since the election, and unemployment among African-Americans continues to rise. The constituency that voted en masse for this President has been utterly failed by his policies. Utterly and completely failed.

Because socialism, wealth redistribution -- whatever you want to call it -- doesn't work, can't work and has never worked. It's a pity that so many people bought into the populist rhetoric that turned out to be pure mythology.

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