Obama 2010- “If you like your doctor you can keep your doctor. Like your insurance? You can keep your insurance, and your cost will go down on average by $2,500.”
September 16, 2013- “So if you add it all up, over the last three-and-a-half years, our businesses have added 7.5 million new jobs. The unemployment rate has come down. Our housing market is healing. Our financial system is safer. We sell more goods made in America to the rest of the world than ever before. We generate more renewable energy than ever before. We produce more natural gas than anybody. Health care costs are growing at the slowest rate in 50 years. And just two weeks from now, millions of Americans who’ve been locked out of buying health insurance just because they had a pre-existing condition, just because they had been sick or they couldn’t afford it, they’re finally going to have a chance to buy quality affordable health care on the private marketplace.”
September 18, 2013- “Now, this debt ceiling — I just want to remind people in case you haven’t been keeping up — raising the debt ceiling, which has been done over a hundred times, does not increase our debt.”
People who believe this man are hopelessly naive or terminally gullible.
Ask the 160,000 employees of Walgreens who announced they are dropping employee health plans, or ask the 15,000 spouses of UPS drivers, the two most recent examples, about getting to keep your doctor and insurance. Forget about the savings.
” …over the last three-and-a-half years, our businesses have added 7.5 million new jobs.” Businesses did add 7.5 million new jobs in the past 3.5 years, more than 60% of them were part time low paying jobs, and not enough to meet the demand of population growth. But doesn’t it sound good?
“The unemployment rate has come down.” Sounds good but forgot to mention only due to millions dropping out of the workforce. There are millions fewer jobs in America since 2009 in spite of Obama’s uncanny ability to create part time work at low pay.
“Our housing market is healing.” Back to that in a moment.
“Our financial system is safer.” Really? Dodd-Frank has done nothing to prevent too big to fail. Nothing, but Obama saying it sounds good.
“We sell more goods made in America to the rest of the world than ever before.” True again, but does Obama think as the world population grows our sales should remain static?
“We generate more renewable energy than ever before.” But at what cost? All thanks to the taxpayer subsidizing a non-viable market commodity. Think Solyndra, EnerOne , and ethanol subsidies.
Moody's Puts Puerto Rico on Downgrade to Junk Review Citing Very High Debt, Pension Obligations, Chronic Deficits; Exodus Underway | Mike Shedlock
Radical Capitalism: A remote Indonesian village runs its own telecommunications company. (From a laptop and a tree) | Nick Sorrentino
Open Letter to Obama and Congress From Internet Giants Calls For Reining In Government Surveillance | Nick Sorrentino
(An important interview) Saving the Net from the surveillance state (And Crony Media): Glenn Greenwald speaks up (Q&A) | Nick Sorrentino