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Obama’s facts vs. Fact Checker McMannes

First of all, the job report numbers for August 2012 came in at 96,000 jobs. Horrific. But unemployment went down because, AGAIN, people are dropping out of the job hunting market. Obama knew these numbers last night…but didn’t say anything. Why? Well, of course, that’s why.

Second thing is the is a fantastic fib that Obama’s deputy campaign manager told about job growth under the current president. Here’s Stephanie Cutter’s quote in full from MSNBC’s “Morning Joe” just so no one can accuse anyone of taking anything out of context:
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“Well, I think that worker probably has a good understanding of what’s happened over the past four years in terms of the president coming in and seeing 800,000 jobs lost on the day that the president was being sworn in, and seeing the president moving pretty quickly to stem the losses, to turn the economy around. And over the past, you know, 27 months we’ve created 4.5 million private-sector jobs. That’s more jobs than in the Bush recovery (or) in the Reagan recovery.”

You’d think that if the Obama campaign wanted to peddle outright fabrications, they’d at least do it so they weren’t so easily debunked. But you don’t have to look very hard to see that Cutter, as Obama might say, is “just making stuff up.”

She starts counting private-sector job growth under Obama in February 2010 and, sure enough, in the 29 months since then (not 27 as Cutter says), there have been 4.5 million private-sector jobs created, according to the Bureau of Labor Statistics.

But keep in mind that February 2010 was fully eight months into the economic recovery. So Cutter has simply picked the worst month under Obama as her starting point, in order to make Obama’s job growth look as impressive as possible.

So, in fairness, let’s do the same for Reagan and Bush:

In the aftermath of the 1981-82 recession, private-sector jobs bottomed out in December 1982, the month after that recession ended. Twenty-nine months later, the private sector under Reagan had created 8 million jobs — nearly twice as many as under Obama.

How about Bush? Surely job growth during his administration was worse. After all, the president keeps telling us that his predecessor’s policies “resulted in the most sluggish job growth in decades.”

Except if you use the Cutter method, the private sector created 4.7 million jobs in the 29 months after July 2003, when the job market bottomed. In other words, Bush beat Obama by his own preferred measuring technique by 200,000 jobs.

It’s worth noting, too, that jobs started growing under Bush ONE MONTH after he signed his second major tax cut into law. It chopped capital gains and dividend tax rates and accelerated the schedule for the Bush income-tax rate cuts.

Competition Matters, Mr. President!

First off, let me say that I do not hate Pres. Obama like some of the right-wing nut jobs in our country. I also don’t automatically disagree with everything he says or does, like those aforementioned nut jobs (I mean, nobody could be wrong 100% of the time even if they tried!!). But DAMN, Mr. President, you talk on television about how you’ve lowered taxes for three years, yet directly underneath you are the words, BUSH TAX CUTS! Two months ago, you were opposed to ANY extension of these Bush tax cuts, but now…now, it’s re-election time and its time to do what works, what sells.

So what does work? More jobs? Less taxes? No….what works is ‘the government getting the hell out of the way’ and letting people compete. Capitalism…not socialism. I understand that this is his ‘FIRST’ job but surely someone has advised him on the particulars of how a job is created, right? Surely he realizes who creates these jobs, right? Certainly he must grasp the fact that high taxes, forced healthcare, more restrictions, and more regulations will hurt this country, right? Well, obviously not. Wait, you don’t think he’s doing this on purpose, do you?
Just as a chain letter or Ponzi scheme can’t work in the long run, likewise, collectivism, socialism, etc…is unsustainable in the long run because it is based on a theory that is flawed. Socialism and heavy government run systems that fail because they disregard basic principles of human behavior: incentives and competition. What’s happening in Europe, the US, and now China, can be traced back to one specific flaw that guarantees failure – governments eliminating incentives. We can feel that happening here in the US; our mentality becoming a “Why should I?” mentality.
In our economy, incentives are the backbone of driving our our country forward. Capitalism is based on the theory that COMPETITION IS REQUIRED and that INCENTIVES MATTER!
Under socialism (or liberalism) incentives play almost no role and are virtually disregarded. Socialism (or liberalism) is a philosophy that goes against the very fabric of human nature and is therefore must fail. Socialism is based on the theory that COMPETITION IS IRRELEVANT and that INCENTIVES DON’T MATTER!
Capitalism will be the biggest player in this global revival of liberty and freedom and prosperity because it prods humanity, inspires creative thinking, and instills the enterprising spirit in all human beings. Providing incentives promotes desire, effort, and efficiency. Capitalism creates wealth. Period. The government does not, never has, and all the evidence you need is in the history books…and those books speak volumes to this.
I understand some people ‘feel better’ by thinking of themselves as fair-minded and kind and wanting everyone to get everything they want. But that mentality is crippling – that type of ‘kindness’ is destructive. People must compete. People must win. People must lose. It’s in our nature, at our very core. The lazy man should not be rewarded on par with the working man. Our president disagrees with that. I understand that and I will never hate him as a person because of it. That’s a terrible thing. But facts are facts, Mr. President – – the difference between my capitalism, my Reagan-omics, my trickle-down, my less govt. and your be-all, do-all, tax-all, everything-for-all socialism is this: Capitalism works. Your philosophy does not. It never has. Never.
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