Wednesday, March 03, 2010

In Wake Of Obama Visit Georgia Unemployment Hits Record High

The PrezBo was in Savannah, Georgia yesterday to talk about jobs and how much government handouts were going to spark the economy.

Any minute now.

Wait for it.

It's gonna happen....trust me.

Today the unemployment numbers for Georgia were announced, and I am sure the national figure due to be released later this week on Friday is going to reflect the same trend. The Georgia unemployment rate is now 10.4%. And getting worse.
The Georgia Department of Labor reported that the state's seasonally adjusted unemployment rate in January was 10.4 percent, topping the previous record high of 10.3 percent a month earlier.

I know this is local type stuff, but it is my world where I live. In addition to working for a company that is squarely in the crosshairs of this administration this just adds to the growing ulcer threatening to burst out like some sort of alien birth.

I don't know what the tipping point is before the current administration realizes that they are doing more harm then good, or is that their intentions all along. It sure seems like they are tone deaf to our economic woes or else they are just so damn stubborn that they will take this country off the cliffs like lemmings to the sea. Whichever it is, somebody needs to figure out how to snap them out of it or at least the very least just get them to stop.

Go play basketball for 6 months Barry. Take Nancy and Harry with you and all of those economic advisers you got. Quit thinking that throwing more money around is the solution. The answer lies beyond that. The answer is contained in an intangible thing called confidence.

Ronald Reagan projected it. Peyton Manning exudes it. Hell the kid that is the captain of the eighth grade debate team has it. Until the private sections of this country have some confidence that things will get better, they won't.

So please Mr President, go do nothing. Have congress do the same. Everyday y'all show up for work is another day when the private sector waits to see which one of them is going to attacked or legislated to death.

I think Tip O'Neill is generally credited with saying that all politics is local and that is true.

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