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Title: "More MUD!!"
Source: [None]
URL Source: http://www.cagle.com/working/080403/olle.jpg
Published: Apr 15, 2008
Author: Mudboy Slim
Post Date: 2008-04-15 11:33:52 by Mudboy Slim
Keywords: None
Views: 4254
Comments: 796

Heh heh heh...MUD (1 image)

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Begin Trace Mode for Comment # 468.

#468. To: All (#0)

Limbaugh Live (7/3/09)

RUSH: "It's not just health care that Obama seeks -- and that's the biggie, because that encompasses every aspect of our lives. Once the federal government is in charge of that there's no rolling that back. Well, not instantly. Too many people will have their lives personally intertwined, changed with government. It's gotta be stopped. But it's not just health care. If you look at the economy in general, we've been trying for nine months now the political solution: stimulate, Keynesian economics, spend, spend, spend, spend. Stimulate, stimulate, stimulate! In fact, if I may be so bold and so honest, the stimulus package is not even that. It was advertised and promoted as shovel-ready. "We're going to build schools, Mr. Limbaugh, and we're going to build roads and bridges and we're going to rebuild the infrastructure." None of that's happening. I think 6% of the stimulus has been spent, and now they're talking about a second one?

The purpose of that stimulus was not to create jobs. That's not what government does. The only way government does that is when they hire people, and that's not what this was about, as far as the people were told. The people were told that this is going to put them back at work. There's a chart I saw today, and I'm going to try to describe this. As you know, describing charts on radio is a challenge that very few broadcast professionals would ever take. I, my friends, will take it because I am a great chart reader -- and I also happen to tell a great story. This chart shows since I think World War II, maybe it's World War I, the beginning of every recession in terms of job losses. And each one of these recessions has a color-coded line so you can follow each year or each recession that happened. And the chart is one of these left-to-right charts and it's a giant V-chart except that the V is a different size for every recession. Some recessions lasted longer than others and some were deeper. But at every point in this chart there is an end to the falling unemployment and a dramatic uptick to complete the right side of the V as jobs are gained.

Now, you have to know history, 'cause the chart does not explain this. You have to know history to be able to determine, "Well, what's the magic?" What happened here that reversed the left side of the V, which is unemployment going down and all of a sudden it bottoms out (and peaks) and starts going up -- and it's dramatic. You look at the 1981-82 recession, and you can see when we came out of it, and you know why. You know what brought us out of it. And practically every other one of these recessions, if you just know history, you know what brought us out of it: incentives in the private sector led to people hiring more people to work and more tax revenues and all that. The recession that we are currently in is a red line, and there is no V yet. It is just almost a direct plunge. You ought to see this. It's a direct plunge, almost like that Air France plane took into the Atlantic, and there's no end in sight for this. All these other recessions you can see the V, the right-hand side of the V going up where employment starts to pick up, but there's no end in sight for this, and it's deeper. This V, the left side of this recession V... I ought to double-check. I think it's deeper than any of the others on the chart or very close to it.

Now, obviously because of the way this chart is, this chart charts every recovery from a recession in terms of employment. There is none yet in this recession. So that line is a stand alone. It's by itself. It's bright red. So you ask yourself, "What's going to be the magic that starts people back to work?" I'm telling you there isn't one Obama or Democrat Party policy that's going to cause that to happen. The Obama policies are going to keep that line plunging, keep the left side of the V down, keep employment going down. We're losing jobs. There's not one thing being proposed even! There's not one thing being proposed. The list of tax increases Obama is talking about will choke off any job creation. The unknown in the future is: "Are we actually gonna get this cap-and-trade fiasco? Are we actually going to get health care?" Those two great unknowns have paralyzed business. You can't make long-term plans unless you know what the game's going to be and what the rules are, and right now nobody knows the rules.

If you're smart and running a small business, your effort now is not to hire workers; it's to stay in business. And you're looking down the road and saying, "Okay, what happens to me and my business if cap-and-trade's passed? What happens to me if health care passes?" And, by evidence of what's happened the last nine months, you have to say things are going to get even worse because the government sector is going to get bigger, and to get bigger the government sector has to deplete the private sector. The government can't produce anything. It can print, but it can't produce anything. Not without the private sector working -- and that's being dwindled away. It's being attacked. It's under attack daily by this administration. There's no end in sight to it, and there's not one policy that they're prepared to enact that would bring it about. While they talk about bringing it about -- they talk a good game, they talk about restoring jobs and all that -- it's not happening. The talk is meaningless because it's deflective.

So businesses, they're not poised to start hiring anybody here. In the unemployment numbers, it's not just that they're worse in some cases than ever. It's not just that we're at 9.5% unemployment. It's not just that we've lost over two million jobs since January. We're also working fewer hours a week. The average work week now is 33 hours. The Drive-Bys are not reporting this. I mean, you have to dig deep to find it. The average work week is 40 hours and people are working 33. What does that mean? Well, it means that a lot more people have been laid off, fired, and hired back at part-timers, or they're being furloughed. But regardless the reason, when people are working fewer hours, there is, by definition, less productivity."

Obama is shitcanning the U.S. economy on purpose...MUD

Mudboy Slim  posted on  2009-07-06   0:58:31 ET  (1 image) [Locked]   Untrace   Trace   Private Reply  


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