Here is what the socialists say about Obama. Not derogatory term socialist, real live ones. haha
Obama’s economic advisers predicted in January that with passage of the economic stimulus package, the US unemployment rate this year would not exceed 8 percent in 2009. It has already hit 9.4 percent, rendering meaningless the stimulus package’s modest promises of job creation. Most economists now believe that the US unemployment rate will top 10 percent by year’s end, and that it could rise to 11 percent at some point in 2011.
There is general agreement, moreover, that employment levels and conditions of labor will not return to those that prevailed prior to the financial crisis. This is no accident. The ruling elite, led by the Obama administration, has seized on the crisis as a long-awaited chance to restructure class relations to its advantage for decades to come.
They agree with the hard right. How funny is that.
The old system is dead as dead. We are on a loan treadmill that if we stop we fly off. This is an economic time bomb, 4 decades in the making brought to us by the financial wizards at the Fed.
The faux partisan finger-pointing will be a show. Though, Obama is going to live up to the worst fears of the right. So get ready lefties, it’s gonna be brutal defending him. It will be analogous to the right defending Iraq. The big spending democrat finally brought us to our knees. I predict Rush Limbaugh spontaneously combusts.
Attention all passengers this is your pilot speaking. Please prepare for economic armageddon. Thank you for flying keynesian airlines. Please be sure to blame your political party of choice
