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Bryan Preston


September 9, 2013 - 7:18 am
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Tomorrow night, President Barack Obama will address the nation on the subject of Syria and its alleged use of chemical weapons. He intends to use the credibility inherent in the presidency to persuade a skeptical nation that military strikes on Syria are necessary.

But he has a major credibility problem. Four years ago today — September 9, 2009 — President Obama addressed a joint session of Congress. Presidents typically reserve addresses to joint sessions of Congress for weighty matters. National crises. War and peace.

Obama used that joint session address to speak on the “crisis” of health care.

During that speech, he told America that his health care plan would not require any change for those who already have health insurance:

Here are the details that every American needs to know about this plan. First, if you are among the hundreds of millions of Americans who already have health insurance through your job, or Medicare, or Medicaid, or the VA, nothing in this plan will require you or your employer to change the coverage or the doctor you have. (Applause.) Let me repeat this: Nothing in our plan requires you to change what you have.

Reality: Obamacare’s 30-hour work week has made America a part-time nation. Forced with the choice of paying for Obamacare’s mandates or dropping insurance for their workers, many employers are dropping coverage and cutting work hours down to less than 30 hours per week. Nearly all of the jobs created during Obama’s presidency have been part-time jobs. Unemployment among the young and minorities is at crisis levels, but Obama is ignoring this crisis.

He also told America that his plan would not increase the deficit:

And here’s what you need to know. First, I will not sign a plan that adds one dime to our deficits — either now or in the future. (Applause.) I will not sign it if it adds one dime to the deficit, now or in the future, period.

Reality: Obamacare adds more than $6 trillion to the deficit. Maybe. The truth is and always was, no one really knows what Obamacare will end up doing to the deficit. It is too complex a package, with too many secondary consequences, to be scored accurately.

Four years after that speech, Obamacare remains deeply unpopular. Between the delayed mandates and its impact on the jobs and health insurance picture, Obamacare is a dagger aimed at the heart of the American economy and Obama’s presidency. Because it was a pile of empty promises.

So, rather than scrap the law that clearly isn’t working, the Obama administration is going to spend 12 million taxpayer dollars advertising.

The Obama administration is readying a multimillion-dollar onslaught of ads in a dozen red states to encourage Americans to sign up for Obamacare insurance exchanges, media-tracking sources tell POLITICO.

The Center for Medicare Services at the Dept. of Health and Human Services has reserved at least $12 million in airtime starting Sept. 30 in Texas, Florida, Pennsylvania, Arizona, Georgia, Missouri, Ohio, Indiana, North Carolina, Oklahoma, Tennessee, Louisiana and Michigan.

Obama’s government will probably leave this out of its ads.

NASHVILLE, Tenn. Randall Gordon runs a CPA firm from home and is used to figuring out complicated problems for his clients, but a letter he just received from the state presents something he doesn’t know how to solve.

“CoverTN will not be available starting January, 1st 2014,” he read Friday.

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Well,it was a "pile" alright....but it smelled a lot worse than mere empty promises
1 year ago
1 year ago Link To Comment
The Facts: Monday's truth as reported by Shadowstats, read 'em and weep.
Unemployment - August 2013
ShadowStat's John Williams: 'Seriously Deteriorating Unemployment Trends Have Solidified'
Monday, 09 Sep 2013 08:53 AM
By Dan Weil ( 9/9/2013)
The August jobs report pointed to weakness in the economy, even though payrolls rose 169,000 and the unemployment rate dipped to a 4 ½-year low of 7.3 percent, according to the "John Williams’ Shadow Government Statistics" newsletter.
"Given recognized margins of error, ... neither [of those statistics] was meaningful by itself," he writes. "Yet, seriously deteriorating unemployment trends have solidified."
The drop in the unemployment rate didn't result from strong hiring, Williams notes. Rather it stems from job seekers giving up and leaving the work force.
The economic outlook has not changed, although the economic downside may be picking up a little more credibility with consensus forecasters," he states.
The labor force participation rate slumped to a 35-year low of 63.2 percent last month.
"The nature of reported declines in the headline unemployment rate is symptomatic of an imploding economy," Williams proclaims.
As for payrolls, they are still 1.9 million jobs shy of the pre-recession high, he explains. And payroll gains were revised downward for June and July. "Net of prior-period revisions, the monthly [August] gain would have been 95,000," Williams claims.
"The story from the August labor data is that the economy has not recovered, that it is not about to recover and that it is turning down anew."
Another economist left unimpressed by the employment data is Peter Morici, professor of international business at the University of Maryland.
The 169,000 payroll gain is "about half of what we would need under normal circumstances, and we're not even normal in circumstances," he tells Newsmax TV in an exclusive interview.
"A good deal of those jobs, about three-fourths, were part-time positions. Essentially employers are dividing up full-time jobs and creating multiple part-time jobs."
Does every American understand this shift to "the collective?" After all, "The Collective" claimed "full employment," too!!! Pray. Amen. America's workforce is now permanently characterized by "structural" unemployment vs. "cyclical." This last is corrected for in the short term, whereas "structural" hasn't any in a "collective!!!" wake-up Amerika!!!
1 year ago
1 year ago Link To Comment
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