The Daily Jot
Daily reporting and analysis of current events from a biblical and prophetic perspective.
Monday, July 11, 2011
Turning the corner: Abyss or Utopia?
On June 13, the president met with his Council on Jobs and Competitiveness. Council members were explaining that the government bureaucracy often delayed or even caused to be abandoned jobs projects funded by the economic stimulus package. He joked that "shovel ready was not as shovel-ready as we expected." They all had a good laugh. On Friday, July 8, the president praised the unemployment report which showed that the unemployment rate increased by a tenth of a point to 9.2%. He said, "Today is an encouraging day. We learned that the economy actually produced a substantial number of jobs instead of losing a substantial number of jobs. We are turning the corner."
Unemployment has risen from 7.3 percent when the "stimulus" was under debate to 9.2 percent. Since the president took office, debt has soared from just under $10 trillion to nearly $14.5 trillion. The Council of Economic Advisors reports that 2.4 million jobs were added or saved because of the stimulus program, but they cost taxpayers $278,000 per job. The report indicates that in the past six months the economy has added or saved more jobs on its own than with the stimulus. In other words, the president's policies are spending a lot of your taxpayer money with little to no impact. To hear the president say it, there were 162,000 jobs gained. In reality, Bloomberg reports payrolls increased by only 18,000.
From laughing about government obstacles to jobs with his Jobs Council to misleading the public on the truly negative impact of his policies, the president appears to be right on track with his campaign promise of remaking America. To suggest that "we are turning the corner" when millions of Americans are jobless and the unemployment figures are rising higher, the president seems to have a different plumb line than the common man. What if "turning the corner" actually meant that he believed his administration was on track for literally destroying the economy so that there would be massive government dependence and a socialist government could then replace the Republic, and the "remaking" of America would be complete?
If this were true, he wouldn't be lying about turning the corner--but economic abyss and severe hardship would be the unseen sinkhole just around that corner. At the same time, the liars are figuring and the figures are lying with regard to the current debate about allowing the government to borrow more money to stay in business. Government is too big for a reason--the ruling class of politicians wants your undivided loyalty to its humanist agenda. So who's your daddy? As is in Joshua 24:15, "as for me and my house, we will serve the Lord." Accountability, responsibility, stewardship are all part of good and reasonable service. In a nation where the people have a say, we need to stand and make our voices heard.
Have a Blessed and Powerful Day!