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January 8th, 2010

3 Million Jobs Lost Since Obama’s Stimulus Plan Passed

The Democrats and Obama’s stimulus bill that was suppose to create jobs has been a failure. Since March there were three million jobs lost. (Household data, seasonally adjusted, see below) The job numbers are not improving but getting worse. Other than a small increase in jobs in November, the worst months were in the second half of the year, Aug. Sept., Oct., and Dec. (almost 600 thousand jobs lost in December)

The unemployment rate is at 10% and would be much higher if not for many people that quit looking for a job and have left the labor force. When good jobs are hard to find and pay isn’t as expected for available jobs, people leave the labor force to take care of family, go to school or become homeless. The drop in the labor force was a huge 1.5 million people; the first drop since a smaller decrease in 1961 and one of the few yearly drops ever.

This is bad news for our country, jobs, standard of living and progress. Unless there is a change in policy by the Obama administration and Democrats it will be bad news for them at election time.

Data from Employment status HOUSEHOLD DATA

Posted by admin as Economics, General, politics at 2:32 PM UTC

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January 7th, 2010

Conservatives Are the Majority, Set for Gains in 2010

Polls by Gallop and the Battleground poll (articles below) show conservatives are the largest political ideology and are gaining in numbers. The political pendulum swings, usually against the one in the Presidency. With the Dems and Obama pushing an unpopular big government agenda and huge government deficits, people are not happy and are calling for smaller conservative policies. The swing is away from intrusive and bloated government.

Elections in Nov. 2009 were the first shots across the bow as conservatives/Republicans won key races in NJ and Virginia. Many Dems including Senators Dodd and Dorgan are not running for re-election due to poor poll numbers that mean their chances of winning were unlikely. More Dems are likely to call it a career and retire rather than face humiliating defeats. It’s unlikely Reid will retire. He is arrogant enough to think he will win re-election regardless what polls show.

Democrats are in trouble politically and they know it. Dems know if they pass their massive healthcare bill it will hurt their party but also know that if they don’t pass it after going this far they will look like fools. Fools, or destroy their party, not a good choice for them.

Conservatives Finish 2009 as No. 1 Ideological Group

Posted by admin as Economics, General, politics at 8:34 PM UTC

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