Archive for category Economy
(CNSNews.com and staff reports) – Government unemployment numbers for December showed that while the general unemployment rate remained flat at 7.8 percent, unemployment for women and African-Americans rose despite an economy that created 155,000 jobs. December employment typically rises – though temporarily — due to Christmas season hiring.
Unemployment for women rose from 7.0 percent to 7.3 percent in December.
Unemployment for African-Americans rose sharply from 13.2 percent in November to 14.0 percent in December.
Unemployment among African Americans has remained quite high throughout the Obama years.
The number of employed African Americans actually fell in December – a month that typically sees a spike in job creation as employers add temporary positions to handle the holiday shopping season.
The number of employed African Americans fell from nearly 16 million to 15.8 million in December.
By contrast, the unemployment rate for Whites remained nearly a full point below the national average at 6.9 percent in December.
When in the course of political events it becomes necessary for the Conservative base to temporarily dissolve the bonds which connect them to the Republican Party and to assume the wisdom of the party platform and principles, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation of one week’s time.
We hold these truths to be self-evident that Conservatives represent the heart of and the majority of the Republican Party. That whenever any form of party leadership becomes destructive of these ends, it is the right of the Conservative base to institute demands for full respect and adherence to fiscal AND social soundness. That without the Conservative majority, the Republican Party is unviable and non-competitive.
When a long train of abuses and usurpations becomes pattern, Conservatives will not and cannot comply.
Party leadership has punished and demoted principled Conservative members from committees of the U.S. House of Representatives.
Party leadership is threatening to compromise with the opposition, putting life, liberty, and the pursuit of happiness at risk for all Americans.
Party leadership indicates it is unwilling to do the job for which it was given majority power in the U.S. House of Representatives. That being to fight socialists and those standing in opposition to the social underpinnings of America’s founding principles – life, marriage, and liberty – and to the commonsense principles of fiscal responsibility. To reduce spending and impose a reasonable ceiling on the currently insane level of debt resting on the head of citizens living and yet unborn.
Party leadership is demonstrating weakness at a time when strength is needed to exert sensible and correct counter positions to the flawed and destructive policies of the radical Left.
Party leadership exhibits a willingness to comply with the radical left-stream media’s destructive demands for compliance with harmful principles preferred by Democrats.
Party leaders insist on nominating presidential candidates who are unwilling to fight for and model Conservative principles which have stood the test of time and which have enabled the greatest times of prosperity in American history. These candidates are repeatedly unable to defeat flawed, corrupt Democrat incumbents who are substantially damaging America’s culture and committing generations of citizens to unsustainable debt while condemning millions of preborn children to death.
All the while, party leaders insist that those willing to compromise with the extreme demands of the Left are the answer to America’s most severe problems. This is not in the best interest of Americans.
We Conservatives therefore resolve to separate from the Republican Party, to demonstrate the seriousness of the problems existing within the party, for the period of January 1 to January 7 of the year 2013. If party leaders respond in good faith and restore a genuine, healthy respect to the Conservative base and the accompanying principles, relations will be fully restored. If not … a longer period of independence shall be declared until the leaders of the Republican Party come to restoration of good senses. For without the good will and full participation by the Conservative base the Republican Party cannot continue to pursue its questionable course, let alone compete with the opposing party.
Rush Limbaugh, Nov. 7, 2012
RUSH: Greetings, my friends. What happened? That’s what we’re going to try to find out. We’re not gotta be able to explain this away in one day. We’re gonna get close. We are not gonna be able to come up with all the answers and solutions in one day, but I want to try to take you through the night for me last night, various thoughts that I had as things happened, beginning with my getting and receiving the exit polls at five o’clock.
But first, let me tell you, small things beat big things yesterday. Conservatism, in my humble opinion, did not lose last night. It’s just very difficult to beat Santa Claus. It is practically impossible to beat Santa Claus. People are not going to vote against Santa Claus, especially if the alternative is being your own Santa Claus.
Now, everybody is jumping on Romney’s chain today, getting in his chili. Look, he may have not been the most optimal candidate, but he’s a fine man. He would have been great for this country. Mitt Romney and his family would have been the essence of exactly what this country needs. But what was Romney’s recipe? Romney’s recipe was the old standby: American route to success, hard work. That gets sneered at. I’m sorry. In a country of children where the option is Santa Claus or work, what wins? And say what you want, but Romney did offer a vision of traditional America. In his way, he put forth a great vision of traditional America, and it was rejected. It was rejected in favor of a guy who thinks that those who are working aren’t doing enough to help those who aren’t. And that resonated.
The Obama campaign was about small stuff. War on Women, binders, Big Bird, this kind of stuff. The Romney campaign was about big things, was about America. It’s mind-boggling to go through these exit polls. You want to hear a statistic that is somewhat surprising? Romney received two and a half million fewer votes than McCain did. Now, who would have called that? Who in the world would have? I think Obama’s vote tally was down ten million from 2008, and we still lost. We lost 50 to 48 nationally. We were not able to build a turnout model that looked like 2004. Very puzzling.
Something else. Just stream of consciousness here. The usual suspects are out, and they’re saying, “Rush, we gotta reach out now to the Hispanics and reach out to the minorities, blacks.” Okay, let me remind you of something. Just ask you a question. And we will be getting your phone calls of course today, you weigh in on this, 800-282-2882 is the number. Let me take you back to the Republican convention. We had Suzanne Martinez, female Hispanic governor, New Mexico. We had Condoleezza Rice, African-American, former secretary of state. Both of those people imminently qualified, terrifically achieved. They have reached the pinnacles of their profession.
We had Marco Rubio. We had a parade of minorities who have become successful Americans. And they all had a common story: up from nothing, hard work, their parents sacrificed for them. Now, why didn’t that work, folks? The answer to that is our future. Why didn’t it work? Some people say, “Well, Rush, we pandered.” No, we didn’t pander. Everybody says that we need to reach out to minorities. We have plenty of highly achieved minorities in our party, and they are in prominent positions, and they all have a common story. They all came from nothing. Their parents came from nothing. They worked hard. They told those stories with great pride. Those stories evoked tears. It didn’t work. And don’t tell me that people didn’t watch the convention or people didn’t see it. I mean, there’s a reason it doesn’t work.
I went to bed last night thinking we’re outnumbered. I went to bed last night thinking all this discussion we’d had about this election being the election that will tell us whether or not we’ve lost the country. I went to bed last night thinking we’ve lost the country. I don’t know how else you look at this. The first wave of exit polls came in at 5 p.m. I looked at it, I read the first two pages, and I said to myself, “This is utter BS.” And I forwarded the exit poll data that I had to three or four people, and my message to each of them, “This is utter BS, and if it isn’t, then we’ve lost the country.” Let me take you through some of it.
Based on early exit polls, Obama is locked in a tight race with Governor Romney. Nationally we believe the race to be as tight as it could be, and to the extent that Obama is running strong and can win, it is because they see him as someone who cares about people like them. They feel he did a very good job in the response to Hurricane Sandy. When I saw that, I thought this thing is starting to read like a Democrat campaign speech, this exit poll data. Hurricane Sandy and the aftermath and the way Obama handled that, what did Obama do? He showed up one day, he bear hugged Chris Christie, and then he left. The situation on the ground is devastating, and yet Obama triumphs in the exit polls with that.
He successfully painted Romney’s policies as caring primarily about the rich. He successfully convinced roughly half the country that his policies will favor the middle class. Now, measure that against reality. The reality is that the economy of this country is crumbling. The unemployment situation is worsening. The debt situation is worsening. Everything for the very people who think Obama’s gonna help them is getting worse, and yet they told the exit poll people that they thought Obama’s the best guy to handle Obamacare.
A majority of people like Obamacare in the exit poll. That goes against everything we’ve ever heard in any poll. Voters trust him more than Romney in an international crisis. What? How in the world can that be? In a rational, intelligent world, how can that be? “He’s running very strong with African-Americans, Latinos, and women. If he wins, this data will be consistent with stories about the changing nature of US demographics.”
And I saw this next one. This is the one that made me think this exit poll was BS. I just, intellectually, had trouble with this one. “More than half the people who voted yesterday said that they still blame Bush for the economy.” More than half the people who…? After four years! Well, now, what is the answer to this? How in the world do you deal with this? There are ways, and we didn’t do them. There were too many assumptions made about what the American people thought, about what they knew.
Too many assumptions were made. But look, I don’t want to nitpick the campaign today. That’s not the point. There are larger things here at work. “Roughly half voters want the health care law as it is or expanded, and they are voting for Obama.” Really? I haven’t seen a poll like that anywhere. Every poll — every poll! — I have seen on Obamacare features a majority and close to 60% who don’t like it, but this is an exit poll of people who voted.
“People who say they are looking for a strong leader and someone who has more of a vision for the future support Romney. Romney even wins among voters voting for ‘a candidate who shares my values.’ Voters believe the economy’s weak and Romney will be better able to manage the economy.” Now, this is for people the exit pollers say, this is the reason if Romney wins. This is why. Well, obviously, those people were vastly outnumbered, which is where we are today.
One of the greatest misunderstandings in this country, if you boil all this down, is what creates prosperity. The Romney campaign was essentially about that, and the Romney campaign was devoted to the traditional American view and history — vision, as well — of what creates prosperity. The old capitalism, the old arguments of hard work, stick-to-itiveness, self-reliance, charity, helping out in the community.
All of these things that define the traditional institutions that made this country great, that’s what the Romney campaign was about. It was rejected. That way, or that route to prosperity was sneered at. That route to prosperity was rejected. The people who voted for Obama don’t believe in it. They don’t think it’s possible. They think the game’s rigged. They think the deck is stacked against them.
They think that the only way they’re gonna have a chance for anything is if somebody comes along and takes from somebody else and gives it to them. Santa Claus! And it’s hard to beat Santa Claus. Especially it’s hard to beat Santa Claus when the alternative is, “You be your own Santa Claus.” “Oh, no! I’m not doing that. What do you mean, I have to be my own Santa Claus? No, no. No, no, no. I want to get up every day and go to the tree. You’re the elves,” meaning us.
You throw Hurricane Sandy in here. I must admit, I am genuinely puzzled that Hurricane Sandy and the aftermath helped Obama and hurt Romney. But it did. According to the exit polls. I mean, what they say is what they say. The polls were right on the money, as it turned out. But until people understand why and how big government reduces prosperity for all, they’re gonna continue to be fooled by little things.
By marketing, by smooth talkers, by faux compassion. So we’ll see what happens with the economy as we go forward. Some people think, “Hey, Rush, the economy is resilient in this country, and it’s gonna naturally rebound. No matter what.” There are people today scared the economy is going to rebound despite what’s happening in the stock market today and Obama’s policies are gonna get credit for it.
A bunch of libs are salivating over that. They think the economy is gonna come back no matter what, and that Obama’s big government is going to end up being the explanation for the rest of our lives as to how that happened. Just like in Japan, just like in Greece. But look, you bring up Greece and you bring up Europe, and they’re where we’re headed. Their problems are acute.
The difference is that none of those European countries are anywhere near the leading economy of the world like we are. The world depends on what happens here. The world does not depend on what happens in Spain or Greece or Italy. Not to put them down. But regardless, wherever you go… Look at Greece. Whenever necessary austerity measures are proposed, what happens?
“No, you don’t! You’re not taking it away from me!” There is no rising to responsibility. There is no accepting responsibility. There’s just a demand that the gravy train continue, and we have an administration that’s promising an endless gravy train. All you have to do to stay on that gravy train is vote. But it doesn’t matter.
The thing that’s mind-boggling is that there is no new prosperity in America. There is no improved standard of living. It’s all going down. “But Obama cares. He really cares! He cares much more than Romney. He really, really cares. In fact, he cares so much, we’re gonna give him a do-over. We’re gonna give him a second term to do what we know he wanted to do in the first term but wasn’t able to for whatever reason.”
If you work for Exxon, helping provide energy for Americans to travel to and from their jobs, bring their children to schools, and get their groceries, President Obama says your work has “no redeeming value.”
If your business publishes Bibles, the president says yours is not a religious organization, but a secular one.
The president says if you don’t provide insurance for life-ending pills, you can close your doors and add your employees (whether it’s 50 employees or 13,000) — and their families — to the unemployment rolls.
The president repeatedly picks failing businesses to give your tax dollars to.
So, does anyone actually doubt Mitt Romney will create a better business climate for America than the president?
I’d make the following speech:
It’s a rare privilege for me to stand here today as a candidate to serve you in the people’s house. And as a candidate, I have a solemn responsibility to you to do the right thing … to work for you … to protect your interests … and to make America America again.
Let me ask you a crucial question. When you look at Washington, what do you see?
Do you see a dysfunctional district detached from the laws and responsibilities that Americans live with day to day?
Where bureaucrats find it all too easy to waste your tax dollars?
Where millions upon millions of citizen dollars are misspent and unaccounted for?
Where hundreds of thousands of stimulus dollars are allegedly creating a handful of low-paying jobs … in non-existent congressional districts?
Do you see a city where ethics, morality and integrity are sorely lacking? And corruption is rampant?
Are you as fed up with Washington as I am?
I thought so.
If elected, I will …
- Starve funding for ObamaCare until it is repealed.
- Return the $716 billion to Medicare this president plans to use toward ObamaCare. I’ll stop Medicare fraud immediately, I won’t wait until 2014 as this president says he’ll do!
- I’ll fire the 16,500 IRS agents hired to harass you into compliance with ObamaCare.
- Pull the plug on IPAB and give death panels a quick burial.
- Demand accountability from federal agencies and employees across the board. Those employees who don’t comply will not last long. The federal government work place will not be scheduling any more trips to Las Vegas to party on your dime. Pornography in the government work place will not be tolerated.
- Report to you monthly on government waste and steps I’ve taken personally to stop it.
- Rebuild the U.S. military … to give them the resources they need to protect you … and defend liberty.
- Promote America’s exceptionalism and virtues … and advocate for freedom around the world.
- Incentivize all legitimate sources of domestic energy.
- Fill my administration with hard-working, respectable Americans who have paid their taxes and continue to pay their taxes.
- Give you an honest day’s work every day. And demand the same from everyone working for the federal government, from custodians to agency heads.
- Make sure all key decision makers in Washington are accountable to oversight.
- Defend marriage from all legal attacks – including the Defense of Marriage Act.
- Stop funding overseas abortions.
- Protect your religious freedom. And protect the religious freedom of chaplains serving our men and women in the military.
- Protect our borders from those who refuse to apply properly for immigration.
- Applaud all who invest in business to create jobs for Americans so they can provide for their families.
- Surround myself – and fill my cabinet — with Americans who are representative of Main Street.
- Establish a tax rate that is fair to all Americans.
- I will work with educators across the nation to ensure that children can read and excel in all subject areas. To be competitive in the world, I will demand improvement as a nation in math and sciences. I will hold the Department of Education accountable for measureable improvement each year. I will be a hands-on president in education.
- I will demand a balanced federal budget each and every year. As long as we have a national deficit, there will have to be cuts across the board until we get our house in order. Just as you do with your personal finances. Government will be held accountable in its spending from Day One of my administration. I will be a hands-on president in federal finance.
- We must turn around the housing crisis in America. I will be a hands-on president as long as we have this crisis hanging over our heads.
- I will promote free enterprise capitalism at home and abroad. I will return Government Motors to private ownership.
- I’ll be marching for life in Washington every January. We must make abortion unthinkable and comfort those in crisis pregnancies with positive options, such as adoption. Killing over a million defenseless American boys and girls each year is a tragedy beyond measure. Abortion is not the avenue to national prosperity or the blessings of our Creator.
- Repair and uphold America’s friendship with Israel. Jerusalem IS the capital of Israel.
- Decrease funding for the United Nations.
- On my sworn oath, I will uphold the Constitution of the United States of America.
If elected, I will not …
- Apologize for the murderous actions of terrorists and mob violence. I’m less concerned about their feelings than I am about American lives.
- I will not allow drug smugglers to enter the country through our borders.
- Play one hour of golf while 23 million Americans are unable to feed and insure their families.
- Use your tax dollars to haul a clunker out of someone’s garage.
- Use your tax dollars to give golf carts away.
- Negotiate with, or fund terrorists.
- Give your tax dollars to foreign nations for oil exploration.
- Throw away your tax dollars on companies going out of business.
- Stockpile my administration with unaccountable czars.
- Use the government to harass political opponents.
- Give your money to Planned Parenthood or any other organization committing abortions.
- Neither I nor my family will take more than 3 weeks of vacation time in a year. The office of the presidency should not be used as a free ticket to unlimited luxury vacation.
- I will not demonize achievers and those who take risks and invest in business to create jobs for Americans. I will not engage in class warfare.
- I will not pressure lenders to make risky loans.
- I will have no part of socialism. It is a consistent loser.
- I will not bail out any failing business. Because you cannot afford it.
- I will not harm the economy by issuing crippling fines or forcing companies to close down because they won’t fund abortion. The president’s abortion pill mandate is deplorable.
- I will not support the radical policies and movements at the United Nations.
- And finally, I will not allow the federal government to get in the way of Americans honestly trying to go about their lives and business.
Please join with me to make America America again! God bless you, and God bless America!