BloggeRhythms

Its truly amazing that, regardless of underlying truths to the contrary, politicians will construe every event they can for self-promotion when given the opportunity to appear successful. And, there’s no one better at that game then the present incumbent.

 

Yesterday James Rosen, FoxNews.com, wrote: “You know what?” President Obama asked during a White House news conference this month. “What we did worked. And the economy is better.”

 

Mr. Rosen continued, “As usual, however, the “dismal science” of economics has spewed forth this week a slew of reports and studies that tend to contradict each other, and cast doubt on the strength of the American economy.” Such as a new HIS report.

 

“[The IHS] report is not surprising,” said Pamela Villareal, Dallas-based economist with the National Center for Policy Analysis. “When you look at the sectors of the economy that have grown since, say, 2011, a lot of the growth has occurred in retail, food service, hospitality. These are sectors that typically pay lower wages.” 

 

And then, Ms Villareal hit the nail on the head by saying, “What we really need is more growth in the higher-paying high-tech jobs, and that could be accomplished by reducing some of the regulations and some of the taxes that are discouraging job growth here in the United States.”

 

Therefore, we have another confirmation of the fact that it’s the anti-business posture taken from the start of the current administration that’s curtailing economic growth while incenting overseas investment and off-shore massing of funds.

 

The HIS report also shows that the unequal distribution of income across the various participants in the economy has grown during the current recovery. And, although the incumbent cited the combating of income inequality as one of his top economic priorities, the top 20 percent of income-earning households in 1975 took home 43.6 percent of all income earned in the United States, yet the that same top segment of households now takes home 51 percent of all income. But, that fact wasn’t mentioned either in his news conference yesterday.

 

Then, there was another negative reaction to the incumbent’s health care tax as reported by Michael Warren in The Blog in the Weekly Standard, regarding the The National Treasury Employees Union an independent union representing, "some 150,000 federal workers from many different agencies.”

 

The union maintains a "legislative action center" to keep tabs on what Congress is up to and says a proposed new bill could hurt workers because it would "require most federal employees to leave the Federal Employees Health Benefits Program...and instead join health plans established under the Affordable Care Act." Meaning that they too would now pay more for less like ordinary citizens, which they strongly object to.

 

And finally, Peter Baker of The New York Times writes that, “The bill of particulars against Mr. Obama is long. In the view of his critics, he failed to stanch the rise of the Islamic State in Iraq and Syria when he rejected proposals to arm more moderate elements of the Syrian resistance. He left a vacuum in Iraq by not doing more to leave a residual force behind when American troops exited in 2011. And he signaled weakness to President Vladimir V. Putin of Russia, encouraging the Kremlin to think it could intervene in Ukraine without fear of significant consequence.”

 

In response, former Representative Lee H. Hamilton, Democrat of Indiana, said presidents can influence but not dictate events. “Americans have a very strong tendency to think that whatever we do is the most important thing happening everywhere, and we have so much power and so much clout that we can control events everywhere,” said Mr. Hamilton, now director of the Center on Congress at Indiana University. “That’s part of what he’s wrestling with here.”

 

So, if what Representative Hamilton says is true, and president’s really can’t “dictate” events although having some “influence” perhaps, then why does the incumbent continually state unequivocally and emphatically that everything negative in the U.S. and everywhere else on the planet is Bush’s fault?

 

That’s it for today folks.

 

Adios