{"id":19205,"date":"2011-06-15T01:01:01","date_gmt":"2011-07-20T00:18:05","guid":{"rendered":""},"modified":"2011-07-20T00:18:05","modified_gmt":"2011-07-20T00:18:05","slug":"the_ignorance_of_barack_obama","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/06\/15\/the_ignorance_of_barack_obama\/","title":{"rendered":"The Ignorance of Barack Obama"},"content":{"rendered":"
\n

RUSH: This is Rob in Shokan, New York. Great to have you on the EIB Network, sir. Hello.<\/p>\n

CALLER: Hi, Rush. Thanks for taking my call.<\/p>\n

RUSH: You bet, sir.<\/p>\n

CALLER: I appreciate everything you do. I am an engineer schooled in automation and robotics, had to settle for a job in the government because I didn\u2019t have much opportunity when I got out of college. Currently I\u2019m developing a company that\u2019s exploiting automation, and I was really taken back yesterday. I heard Obama get on Fox or they had him on Fox when he said automation is the reason we\u2019re losing jobs —<\/p>\n

RUSH: Yeah, ATM machines.<\/p>\n

CALLER: What a joke. It\u2019s so funny because to me I look at I\u2019m trying to create a new product and put it on the market, and I\u2019m gonna use automation to make it feasible. At the end of the day it creates jobs, it doesn\u2019t lose it. There isn\u2019t even —<\/p>\n

RUSH: Let me tell you something.<\/p>\n

CALLER: — a shred of data to support that.<\/p>\n

RUSH: You are exactly right, and once again it shows — I don\u2019t know how else to say this. You know, the relative utter ignorance, or the insulting incompetence, whatever it is, of Obama, to claim here that automation is doing us in. Okay, I\u2019ll tell you what. If it\u2019s a great idea to get rid of ATM machines to boost job growth, let\u2019s get rid of front-end loaders and backhoes. I mean let\u2019s get rid of road graders. You want shovel-ready jobs, let\u2019s get rid of all the machines and let\u2019s get a thousand people out there digging trenches and all the things that all of these backhoes and front loaders do. If an ATM machine is a job killer, then so is John Deere and Caterpillar. <\/p>\n

You know, speaking of automation, this tea, Two If By Tea<\/a>, available today, historic announcement made by me mere moments ago here on my own program. We began bottling millions of bottles a couple of weeks ago at the best bottling plant in the country and I went there to watch it. I\u2019ve been fascinated by automation, assembly lines and this kind of thing, and to watch this, the giant vats — and by the way, we employed actual real food scientists. This is real tea, and it is brewed in giant vats, and these bottles are filled lickety-split as they go through the assembly line, the caps are placed on, they\u2019re pasteurized, and this assembly line has created jobs. It would not be feasible for anybody with a bottled beverage to do it manually. You couldn\u2019t meet the demand of the market. <\/p>\n

And this is why I say, “Who is this guy? Why do we turn to him for any of the answers?” He doesn\u2019t have any private sector experience with any of this. Automation, ATM machines, he doesn\u2019t have anybody in his regime that\u2019s ever been in the private sector. Faculty lounge, academics, theoreticians with no hands-on experience whatsoever, and they claim they are the ones who have all the answers.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: The last call the guy was talking about Obama and automation and believing that ATMs are the problem. Here\u2019s Obama saying this, explaining why job losses have taken place.<\/p>\n

OBAMA: There are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank and you use an ATM. You don\u2019t go to a bank teller. Or you go to the airport and you\u2019re using a kiosk instead of checking in at the gate.<\/p>\n

RUSH: ATMs, automation. All of a sudden that\u2019s why there\u2019s a job problem. This is a neophyte. This is absurd. Listen to Obama\u2019s keys to winning the future. Windmills, trains, no automation, jobs that require the use of shovels. If you listen to what Obama says, those are the keys to job creation. Those are the keys to winning the future. Windmills, nonexistent green energy, electric cars that get 25 miles to the charge. No coal. No automation. Jobs that require the use of shovels. The more the guy opens his mouth about things like this the more shocking, ladies and gentlemen, it is in terms of what he either actually doesn\u2019t know or what he\u2019s trying to convince people. It\u2019s just amazing. What we know is it can\u2019t go on. <\/p>\n

I can\u2019t think of a greater example of having people ask, “Why in the world do we think politicians have all of our answers? Why do we turn to them? Why do we turn to elected officials? Why are they automatically bestowed with this expert status?” He doesn\u2019t have the slightest clue what he\u2019s doing, if he\u2019s being honest with us about his objective. If his objective is a growing economy, creation of jobs, he doesn\u2019t have the slightest idea what he\u2019s doing. And the fact that what he\u2019s done has lost jobs and he wants to double down on it of course raises the question, what\u2019s he really up to and what are his true motivations? <\/p>\n

Here\u2019s a post from the John Locke Foundation: 1.9 million fewer people employed at the end of May 2011 than there were in February 2009 when Obama\u2019s stimulus package was passed. According to the Cybercast News Service: “In February 2009, the Bureau of Labor Statistics (BLS) reported that 141.7 million people were employed. By the end of May 2011 — the last month for which data are available — that number had fallen to 139.8 million, a difference of 1.9 million.” Let\u2019s round that up to two million people for the sake of discussion. And the fact is that outcome was completely predictable and predicted, if I may say so myself, ladies and gentlemen, and I, El Rushbo, predicted it. <\/p>\n

Not to keep rehashing this, but it\u2019s why I said, “I hope he fails,” \u2019cause I knew this would be the result of his policies. This is liberalism, slash, socialism. It doesn\u2019t work. It destroys private sector job creation. It destroys incentive. It destroys happiness. It destroys good moods. It destroys contentedness. It makes people universally apathetic or depressed, and they end up asking, “What happened to my country? What in the world happened here?” They believe all this rhetoric they hear during the campaign, it\u2019s gonna get better, bought the notion that Bush had destroyed everything. The Bush years are the golden age. The Bush years are the good old days now. A net loss of employment opportunities is the only logical outcome from a policy based on wealth transfers rather than wealth creation. Simple mathematics. It\u2019s also simple physics. <\/p>\n

Let\u2019s say you have a hundred dollars, and the hundred dollars is divvied up among four people, and they each have 25. He said, “That\u2019s not fair.” So you\u2019re gonna take some from one other person that got 25 and give it to somebody else so that their 25 becomes 45. So they\u2019ve got 45 and the other three have what\u2019s left over, 55, by divvying it up. You haven\u2019t grown anything. One of the three has done better but there has been no growth. All you\u2019ve done is rearrange the money. All you\u2019ve done is redistribute. We haven\u2019t created anything new. There\u2019s no growth. Brian Riedl at the Heritage Foundation uses the swimming pool analogy. You can take water from the deep end and put it in the shallow end hoping the shallow end gets deeper but it doesn\u2019t happen, does it? The volume of water in the pool doesn\u2019t change, all you\u2019ve done is rearrange the water for a while. The volume of water hasn\u2019t increased, the pool\u2019s not gotten any bigger. So this is just plain old common sense. The redistribution of wealth does not cause wealth creation. <\/p>\n

In January of 2009, right before the stimulus plan was passed, an article was published by Roy Cordato, The Locker Room, John Locke Foundation, explaining why, no matter how the money was raised, taxes, borrowing, printing, no net job creation from the stimulus was possible or should even be expected. And it was not innovative thinking. It was just straightforward application of basic economic reasoning. The problem was not with the details but with the idea that government can spend an economy out of recession. And these people are thinking of doubling down and continuing this failed policy under the belief they simply haven\u2019t spent enough yet. <\/p>\n

Every dollar the government funnels into the ailing economy ultimately has to be diverted from some other area of the economy. Even if you borrow it. If you borrow it, it means you\u2019re eliminating the opportunity for somebody else to borrow it. If the government\u2019s the number one borrower in the country, little Joe Schmo who wants to borrow for a real estate development, build a shopping center, a home site or what have you, is gonna have a much tougher time getting the money because the government\u2019s using it all, but there\u2019s no new growth, there\u2019s no new money. <\/p>\n

“There is a reason why all this is appealing to politicians. Those who are employed as a result of the largesse, i.e., the political winners, are obvious and seen by all. News cameras can show up at the site of the government-funded project and talk about people being put back to work. Politicians can claim credit for these jobs at election time.” But there\u2019s nothing new that\u2019s happening and there\u2019s no new growth taking place. Just a bunch of photo-ops, a bunch of illusions. <\/p>\n

“Consider the sub-headline on the front page of today&rsquo;s News and Observer ‘The president uses visit to Triangle LED maker Cree to highlight economy.\u2019 But as any student who understands the most important lesson in economics can tell you, it is not just about the seen but the unseen.” What do you not see when they start making moves like this? They\u2019re not creating anything. They can\u2019t. The government can only confiscate wealth and destroy it. They certainly can\u2019t create it. Even by printing new money, as we all know that doesn\u2019t work, either. So none of what they\u2019re doing is working, and they\u2019re prepared to double down on it.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Janet in Cleveland, I\u2019m glad you waited. You\u2019re next on the EIB Network. Hello.<\/p>\n

CALLER: Oh, hello, Rush. This is a real privilege. I\u2019m concerned in the 2008 campaign, and when I tuned in today, I\u2019m concerned again because I know the Democrat campaign strategists listen to hear what you have to say —<\/p>\n

RUSH: Mmm-hmm.<\/p>\n

CALLER: — and sometimes do you think you might make it too easy for them to know exactly which points they can counter, twist, uh, deny, and lie about?<\/p>\n

RUSH: What do you mean? You say I\u2019m giving away secrets?<\/p>\n

CALLER: Well, no. You don\u2019t have a disingenuous bone in your body, but sometimes by saying (sigh) what the campaign is doing wrong, they\u2019ll just jump in and do it right. Just… If they do something wrong, let \u2019em fall on their face.<\/p>\n

RUSH: Oh, you mean when I analyze a Democrat campaign?<\/p>\n

CALLER: Oh, yes, yes, yes.<\/p>\n

RUSH: Oh, when did I do that today? What did I do that you think I shouldn\u2019t do? There\u2019s no wrong answer here. It\u2019s just I\u2019m curious: What did I say today or recently that I shouldn\u2019t have?<\/p>\n

CALLER: Well, I guess when you were talking about, you know, Barack in Puerto Rico. I can\u2019t put my finger on it exactly, but I know I sent you an e-mail once because it just struck me that you make it, “Well, hopefully, if they are listening in, they\u2019ll wise up and realize this.”<\/p>\n

RUSH: Do you actually think — do you really think — they would listen to me and take advice and think, “You know, this Limbaugh guy, he\u2019s offering good criticism.”<\/p>\n

CALLER: That\u2019s what I would hope. I would hope they would realize that you are making sense, but they might be listening in.<\/p>\n

RUSH: I think their egos and their hubris is such — I think they are so arrogant and condescending — there is no way that they\u2019re going to think anybody knows anything more than they do. They\u2019re not gonna think anybody is smarter than they are. They\u2019re not going to think that I have a better idea how they ought to do something than they have.<\/p>\n

CALLER: Well, I just —<\/p>\n

RUSH: But I\u2019ll tell you what. I\u2019ll put it to the test. The next time they do something, the next time Obama does something that I think is a screw up, I\u2019ll praise it.<\/p>\n

CALLER: There you go. (chuckles) I guess… I think that might work.<\/p>\n

RUSH: All right, I\u2019ll do that. The next time Obama really screws up royally, I\u2019ll praise him.<\/p>\n

CALLER: (chuckles) Okay.<\/p>\n

RUSH: For making a brilliant political move. It\u2019s gonna be hard. It\u2019s gonna be hard to do, but… (interruption) Yeah, I know. Look, here\u2019s the thing. That\u2019s a good point. That\u2019s a good point. I\u2019ve already tried this, Janet. Remember the day after Obama killed Osama, I said, “Thank God for Barack Obama,” and they believed it! They thought that I meant it. “Oh, wow, Obama must have really done something good here because Limbaugh\u2019s praising him!” It can work for a while. It took \u2019em two hours to figure out. I think it was the people from TheHill.com who finally got on to it, figured out that maybe I was putting them on.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: I want to go back to some numbers here when it comes to the economy. I\u2019m gonna move back to that for just a second. Let\u2019s take some of these figures, add \u2019em up. TARP, $700 billion; stimulus, $787 billion, which went to 826. So 826, 787, what are we talking here? One and a half trillion. A little over one and a half trillion dollars borrowed or printed. And then QE2, Quantitative Easing, which was another printing, and that was $630 billion. All of it was borrowed or printed or what have you. So we\u2019re looking at $2 trillion here that was borrowed, all ostensibly to create jobs and private sector economic growth. Two trillion dollars. This alone should suffice as the final nail in the coffin that buries liberalism forever as an economic solution to any problem. It won\u2019t, but it should. <\/p>\n

How about if something else had been done instead: Either wave for one full year all income taxes — that\u2019s trillion dollars — that would be new money in the private sector, not borrowed, not printed, money that is earned, not sent to Washington. If Washington\u2019s gonna go $2 trillion in debt by borrowing or printing for TARP, for stimulus, and QE2, if they\u2019re gonna go two trillion in the red, why not do this: Wave all income taxes for one year, a trillion dollars, or give every adult in the country the money. One-hundred and fifty million adults, that would be about $15,000 each, and let\u2019s see what happens in terms of the economy.<\/p>\n

Now, the starting point here — you may think this sounds ridiculous — the starting point is that our wizards of smart in the Obama regime have made the decision that however you divvy it up we\u2019re gonna borrow $2 trillion and that\u2019s gonna cause job growth and economic growth, blah, blah, blah, blah, blah, TARP, stimulus, QE2. Why don\u2019t we just do half of that in the form of a suspension of income taxes for a year, have that money stay in people\u2019s back pockets, and let\u2019s see what happens. It\u2019s kind of like I had this alternative proposal in the Wall Street Journal<\/a> to Obama\u2019s ideas contrasted with mine. It was very bipartisan. I said, okay, he won by 53%, so we\u2019re talking a trillion dollars, so he gets $530 billion to spend his way, I get the balance to spend my way on tax cuts and we\u2019ll compare which way does best in creating jobs and economic growth. Of course, it was a brilliant column. It was exceedingly well written. It was totally ignored. But this is the same thinking here. <\/p>\n

Keep the money in the private sector or go into debt. You\u2019re gonna go into debt anyway, keep the money in the private sector and see what happens. TARP went to the banks, it didn\u2019t go to consumers, folks. And there\u2019s still $150 billion of TARP that\u2019s unspent. Stimulus we know did not go to people. Well, it did not go to the private sector. It went to state union employees for the most part, and unemployment. And the sole reason was to keep them employed during the recession so that they would continue to pay union dues, which end up back in Democrat Party coffers. A giant money laundering operation. It was a slush fund. If you\u2019re gonna go $2 trillion in debt, all I\u2019m saying is I have a better way of putting that money to use that would really create jobs, that would cause economic activity and growth out the wazoo.<\/p>\n

END TRANSCRIPT<\/p>\n

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