Once in a blue moon, fortune and politicians bestow upon the humble writer a headline too precious to pass up; this is once such case.
At a jobs council meeting last week the President jokingly indicated that his stimulus package didn’t quite achieve its goals because “shovel-ready projects” weren’t quite as shovel-ready as he thought. People all over the country were incensed that the President has come to that conclusion after casting $787 billion to the wind and adding nearly a trillion dollars to the nation’s debt.
Mr. Obama, not one to put down the shovel when digging his own political grave, . In an interview with NBC News, the President of the United States, Barack Obama, branded automation, specifically ATMs, as being a major factor in the slow economic growth.
“There’s some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank and you use an ATM, you don’t go to a bank teller. Or you go to the airport, and you’re using a kiosk instead of checking in at the gate,” the President said.
News flash for Mr. Obama, ATMs have been around for more than 30 years and the collapse of the job market didn’t occur until roughly 3 years ago. Banks across the country didn’t start laying off tellers because there was a sudden explosion in ATMs. Not to mention that as of 2008 the Bureau of Labor Statistics reported there were only 600,500 people employed as tellers for the entire country — hardly a major employment sector. Perhaps Mr. Obama should speak with the Department of Labor, who predicted a 6 percent growth in tellers with the prospects for employment for tellers as “favorable.”
When Mr. Obama throws out these nonsensical statements such as these he’s begging for the Republicans to highlight to his neophyte views on the economy. Joking about the stimulus and blaming ATMs makes one wonder if the President takes the economic crisis as serious as the public; he should as any chance of re-election sits squarely on the economy. Killing Bin Laden will have little if any effect on his political future and riding that horse will likely accelerate the planning of his Presidential Library.
White House Press Secretary Jay Carney said, “It’s patently obvious that the president is focused on the economy, that he takes enormously seriously the hardship that Americans continue to endure.” However the President’s cavalier attitude would tend to belie that point. Most observers would point to the lack of a plan by the President as being the most direct evidence that the economy isn’t his priority; or perhaps he’s just in over his head?
At the one-year anniversary of the Vice President’s “Recovery Summer,” economic growth is virtually non-existent. Republicans looking for arguments to use against the administration are dancing in the streets, as the president seems more than happy to deliverthem by the truck load. The vaunted Summer of Recovery started in June 2010 with an unemployment rate of 9.5 percent and a year later the rate is at 9.1 percent and on the rise.
House Speaker Boehner said, “Here we are on the anniversary of his administration’s recovery summer and Americans are still asking the question, ‘Where are the jobs?’ The American people deserve some answers, but when it comes to this administration, it’s clear that they don’t have many.”
Ex-Speaker Pelosi claimed Republicans were guilty of economic inaction after nearly six months in power in the House. Perhaps she’s correct. Had they been taking the kind of actions the Democrats did when they were in power the prior 2 years unemployment might be well past 10 percent. Never missing an opportunity to demagogue Pelosi said, “Instead, the Republicans have put forth a budget that ends Medicare, making seniors pay more to get less. Democrats are focused on creating jobs, strengthening the middle class.” Perhaps Ms. Pelosi could explain precisely what job creation proposals they have made, since the only plans she’s shared with the public involve raising taxes on the evil rich and more “shovel-ready” political pay-offs, neither of which will create a single job.