The Definition of Success…

BernankeandobamaLooking at some fresh numbers today, and as always I’m a little confused by the “Lame Stream Media” portrayal of our current economic posture. For starters, nearly 23 million households and 48 million individuals partake of the “Snap” (Supplemental Nutrition Assistance Program). Now these numbers in and of themselves expose the Obama Administration’s  claims of any “recovery” for what they are, carefully contrived deception (with the help of a complicit media), designed to instill a false sense of progress. I also looked at some video from the past week and heard even a few “Conservative” economists characterizing 175,000 jobs created as a “moderate” pace. Now putting aside the fact that number will likely be revised down in the coming week, the reality is that about 200,000 is more traditionally “moderate” in terms of job creation, with 300,000 a sign of true momentum.  I’m simply having a hard time understanding why we continue to revise reality for the sake of this Administrations’ efforts.

The hard truth is our economy remains a shell of its former being. Housing numbers are driven by unsustainable Fed rates propped up by monopoly money, with the DJIA hanging precariously on Bernanke’s every syllable. Companies large and small continue to hire part-time to offset the impending cost of Obamacare and crippling regulation. The class warfare gap has never been wider with more and more people receiving some form of government assistance. Local governments are literally going bankrupt, an unthinkable occurrence one never would have imagined in this country. And most regrettable, our focus is now compromised by the myriad of scandals plaguing President Obama’s second term. This is always what happens when we substitute flawed ideology in place of “truth and reason”.

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