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Unemployment Rate Stuck at 9.1%

October 11, 2011

I wish I had a solution.

I wish somebody, anybody had a solution.

The President says he does in the form of a “Jobs Bill.”

Hmmm…. I wonder what is in the “Jobs Bill?”

Well, if you want to read it you can find it HERE.

About all I could do is skim through the thing. It’s loaded with more legalize than a Yale/Harvard football game.

From what I can tell…

  1. It’s expensive
  2. It’s a gamble
  3. It could end Federal Unemployment Benefits as we know it.

Here’s the problem with the jobs bill. It’s on the verge of failing to pass vote in the Democratic lead senate. If the President can’t get his own party to back his bill the guy is in big trouble.

Surely the President knew what the bill faced. On the surface the bill is more of a political football rather than a real plan of substance that would put people back to work and get UE levels down to pre-rescession levels.

Let’s assume for a minute the Senate passes the bill and sends it on to the House. There’s pretty much no way the Republican lead house will pass the bill in it’s current form. The President knew this going in. What that would allow him to do, as he is already doing, is stand in front of a microphone and say, “I sent a job bill to congress that would send people back to work. (Which we don’t really know if it will or not. There’s not a good track record of these kinds of things working.) But, the republicans blocked it. They must now want American’s going back to work. They must like 9.1% unemployment rates.”

It’s misdirection − slight of hand. “These aren’t the droids you are looking for.”

Surely anyone of any kind of intelligence will see this for what it is. The only job President Obama is really concerned with right now is his own.

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One Comment
  1. October 11, 2011 4:54 pm

    Well, I certainly can’t say that I haven’t been thinking the same thing.

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