Saturday, February 02, 2013

Another jobs report that raises lots of questions about the stimulus that did not stimulate

The "Kool Aid Obama voters" may not realize it but we are weeks from the 4th anniversary of the stimulus.  

We are also witnessing the worst recovery in recent memory and today's jobs report is further proof.

The rate is 7.9% up a bit from 7.8%.  However, you have to look inside the numbers to understand how bad it really is. 

Yes, the overall rate should be understood in the context that there are less people looking for work.   The labor participation is down.  In fact, unemployment would be over 10% if we had the same labor participation that we did when Pres BO came in.

Do you understand now why Pres BO would rather talk about gun control than jobs? 

 Click to hear our chat with Dr Ileana Johnson Paugh:


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The Affordable Health Care Act is turning to be rather unaffordable

Another week and another surprise about Obama-Care.   

We can say this about Obama Care or The Affordable Health Care Act:  Get ready because you ain't seen nothing yet!

Daniel P Kessler posted an amazing summary of the state of affairs with Obama Care:

"As the federal government moves forward to implement President Obama's Affordable Care Act, the Department of Health and Human Services is slated to spend millions of dollars promoting the unpopular legislation. In the face of this publicity blitz, it is worth remembering that the law was originally sold largely on four grounds—all of which have become increasingly implausible."

Let me translate:  Every promise has been broken, from the cost to consumer to its impact on private insurance to the affect on federal deficits.

One more thing.

We hear from the IRS that it could cost $20,000 per family.  

 Let me make a prediction:  ObamaCare (or the AHCA) will be so unpopular in one year that Democrats will be privately calling the White House pushing back its implementation in 2014.  Frankly, I would not be surprised if the law is never implemented or goes down the same way that campaign financing went down.

Obama-Care is the single biggest expansion of government ever.  We can not afford it and no one has a clue of how it will work.

Click to hear our Friday show with Dr Ileana Johnson-Paugh.  We spoke about Obama-Care in segment 2 of our show:


Listen to internet radio with Silvio Canto Jr on Blog Talk Radio


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