Re: California Unemployment hits record 11.5%


"Colin Trunt" <colin@xxxxxxxxx> wrote in message news:9ua%l.27461$8C5.16385@xxxxxxxxxxxxxxxx

"Irish Mike" <ace317@xxxxxxx> wrote in message news:70R_l.158$vO4.114@xxxxxxxxxxxxxxxxxxxxxxx
Since Obama was sworn in to office, America has lost 2,000,000 private sector jobs, Chrysler, GM and California have gone bankrupt and America has the biggest deficit in its history. National unemployment is at nearly 10% and California's unemployment just set a new state record at 11.5%.

Lets face it this is Bushes recesion not Obama's you cantn blame Obama for
having to pick up the *** bush left in his wake.


That old "but Bush" dog won't hunt any more bucko. The Democrats controlled congress and chaired all of the banking and finance committees for the past two and a half years. Obama ran on the promise of changing things and fixing the economy. He could have followed Reagan's successful policies. He could have cut taxes, eliminated captial gains taxes and worked with the private sector to increase business investment and to create more jobs. Reagan created 35 million jobs during his time in office. Obama declared war on the private sector, raised taxes on businesses and corporations and ran up the biggest deficits in American history. He tried to spend his way out of a recession with borrowed taxpayer money by expanding the size and scope of the federal government.
He and the Democrats passed the biggest pork barrel, ear-mark spending bill in history and they didn't even read it! He broke his campaign promise to end ear mark spending and to give a tax cut to the middle class. The sad fact is Obama's massive deficit spending , combined with his refusal to drill for American oil and his "cap and tax " energy policy will cripple our economy for years to come.

Irish Mike


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