Saturday, November 12, 2011

By the numbers: Obama jobs destruction plan to accelerate in 2012

If you do a Google search on President Obama's oft-repeated statement -- "I will not rest until every American has a good job" -- you'll get 6.6 million results.

Yet three years after the mortgage meltdown and the vaunted Obama stimulus program, the real unemployment rate (U-6) actually worsened even if we look at the year of 2011 alone. The U-6 unemployment rate remains over 16% and could actually be far worse because of some of the tricks used by the Bureau of Labor Statistics. In fact, puts unemployment in excess of 22 percent.

Unfortunately, this is only the tip of the iceberg. The job losses we'll see in the coming years will make what we've seen thus far look like a jaunt in the park. A quick review of recent articles describing the impact of the massive regulatory state (the EPA alone has grown 120 percent under Obama) offers some ominous projections for future job losses.

DescriptionJobs DestroyedSource
Delaying the Keystone XL Pipeline until after the 2012 election20,000LA Times
Forcing lignite coal plants in Texas to close (EPA)14,000Heritage
Gulf Drilling Moratorium (Interior)72,000LA Times
EPA's Cross-State Air Pollution Rule1,440,000Daily Caller
EPA's determination that coal ash is a "hazardous waste"250,000Western Caucus
EPA's shutdown of AEP plants5,000CAPPS Online
EPA's commercial and industrial boiler regulations800,000Clatskanie Chief
Interior Department's protection of lizards and smelt fish75,000Human Events
Jobs killed by the Obama environmental machine2,676,000

That's nearly 3,000,000 jobs that President Obama's policies will have un-saved and un-created. Middle-class jobs. Blue-collar and white-collar jobs. Trucking jobs, manufacturing jobs, union jobs.

Liberals, drones, progressives and other anti-American malcontents would be hard-pressed to prove that this President isn't intentionally trying to establish a permanent underclass, whose subsistence is dependent upon the largesse of the federal government.

Because every action this president seems to tack seems to prove that the destruction of the middle class is among his chief goals.

And, further: President Obama is 'historic' only in the sense that he is the most effective job destroyer ever.


locomotivebreath1901 said...

"I will not rest until every American has a good job." - Pres. Obama

This is true..., but he will play a lot of golf.

Anonymous said...

i believe the CBO estimated around 800,000 jobs lost to Obamacare.