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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review July 13, 2010 / 2 Menachem-Av, 5770

Obama's Economic Unreality

By David Limbaugh




http://www.JewishWorldReview.com | Sadly, with President Obama, each day is crazier than the previous one. His latest economic speeches border on the surreal. I just can't quite figure out who he thinks his audience is because so much of what he says doesn't square with reality.


In a speech Friday in Las Vegas, Obama painted quite a rosy portrait of his economic record to date -- at least rosy compared with what we've all experienced with our five senses.


Though I don't intend to go all "Joe Wilson" on him ("You lie!"), please let me share with you a few, shall we say, "discrepancies" in his speech, the major theme of which could be summarized as "I inherited the worst economy since the Depression, and I saved us from a new depression because I say I did."


Obama doesn't merely ignore all empirical evidence that flies in the face of his claim; he just tells us, astonishingly, that it is positive evidence. It would be like a thief telling the judge at his sentencing that but for his heist, his victims would have been worse off. Or a student telling a math teacher that three minus two equals four. Consider:


  • He twice claimed that he inherited the worst economy since the Great Depression, which is no less absurd than Bill Clinton's claim that he inherited from George H.W. Bush the "worst economy in 50 years." Both men conveniently omitted the high misery index-riddled economy of the worst president in American history before Barack Obama, Jimmy Carter. Carter's interest rates reached 15.27 percent. Inflation soared to 13.5 percent. And unemployment grew to 7.8 percent. Obama also omitted his own record, which is far worse than the one he "inherited." His unemployment figures, by the way, easily outdo Carter's.

  • Obama described the George W. Bush years as "a decade of misguided economic policies -- a decade of stagnant wages, a decade of declining incomes, a decade of spiraling deficits." The Democratic distortion of the Bush record really gets tiring. Try out these statistics: In 2006, the Bush economy grew at 5.6 percent, representing the 18th straight quarter of economic growth, according to the Bureau of Economic Analysis. The unemployment rate was 4.7 percent; it later fell to 4.6 percent, which was lower than the average rate of unemployment for any of the preceding four decades. (Barack, please tell us how you are going to spin your 9.7 rate against Dubya's 4.7.) As for those deficits, Bush promised to cut them in half in five years but did so ahead of time. Bush's deficits had decreased to the low $200,000s. Even his deficit for fiscal year 2008, after the recession set in, was far lower than Obama's deficits, especially when considering the repayment of most of the TARP monies -- repayments, by the way, that Obama tried to prevent and/or co-opt for further wasteful spending. Plus, Obama's refrain that the Bush tax cuts led to deficits is flatly contradicted by the record, which shows that federal tax revenues grew following his tax cuts.

  • Obama also had the audacity to suggest that his profligate federal programs are stimulating the private sector, when the uncontroverted evidence is that we've lost millions of jobs since he began his madness. He claims he's created 600,000 private-sector jobs but fails to tell you he's lost some 3 million, so the net loss exceeds 2.5 million. He also fails to mention that the only real growth we've seen during his reign has been in the public sector -- hardly a surprise but completely incongruous with his other speech themes about private-sector entrepreneurship.

  • That's right; with a straight face, he told Las Vegans that "the greatest generator of jobs in America is our private sector. It's not government." Though that's generally true, it's not been true under his watch, and it's not what he truly believes, as if I need to tell you that. Oh, sure, he said, "The private sector, not government, is, was and always will be the source of America's economic success." But that was before his boast a few minutes later about how his magnanimously bestowed federal grants were jump-starting a new green economy, implying he'd manufactured the magic economic bullet. Green jobs -- give me a break. If he wants to talk green, let him explain away The Heritage Foundation's projection that his "green" cap-and-tax scheme will cause "average annual unemployment to increase by 1.14 million people" from 2011 to 2035.


Obama's major contributions to the economy are astronomical debt acceleration, obscene unemployment, recession bordering on depression, and business and consumer uncertainty across the board. And this is before Obamacare and his other major tax hikes have even gone into effect. It's time for him to start being honest, first with himself and then with the American people.

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David Limbaugh, a columnist and attorney practicing in Cape Girardeau, Mo. Comment by clicking here.


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