{"id":32833,"date":"2009-07-02T01:01:01","date_gmt":"2011-05-19T02:15:08","guid":{"rendered":""},"modified":"2011-05-19T02:15:08","modified_gmt":"2011-05-19T02:15:08","slug":"obama_s_economic_plan_is_working","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/07\/02\/obama_s_economic_plan_is_working\/","title":{"rendered":"Obama\u2019s Economic Plan is Working"},"content":{"rendered":"
\n

RUSH: Unemployment is now at 9.5%; 467,000 jobs were cut in June. This is ‘far more than what was expected.\u2019 Since President Obama took office, over two million jobs in less than six months, or close to six months, have been lost — and it is astounding, it is hilarious to read State-Run Media today try to go through the contortions of making this sound not as bad as it is. Here is… Let\u2019s see. This is Reuters. ‘The June job losses were more than 100,000 greater than the 363,000 consensus of Wall Street economists polled by Reuters and that broke a four month trend…\u2019 We\u2019ve got more… Unemployment\u2019s, what, more people out of work than since 1994! It\u2019s incredible here. Why is it so hard just to report it\u2019s worse than anybody predicted? What is so hard about reporting how bad this is? Well, because it doesn\u2019t fit the template. <\/p>\n

You see by now everybody was supposed to be happy and we were supposed to be digging ditches and building roads and bridges and new schools — and everybody was supposed to be wearing their Obama caps and uniforms and going, ‘Ooh, aren\u2019t we lucky! Aren\u2019t we cool,\u2019 and it isn\u2019t happening. Like I saw on TV this morning, this dunce reporter: ‘Is it time for a second stimulus?\u2019 And the Obamaite actually goofed up and said, ‘I\u2019m still trying to get my hands on the first stimulus.\u2019 (laughing) Most of it hasn\u2019t been spent, ladies and gentlemen. ‘Manhattan apartment sales plunged more than 50%. The average price dropped 21.4% to 24% from a year ago, down almost 25%,\u2019 and they had computer problems at the New York Stock Exchange. Before that they announced the worst pre-Fourth of July trading day in history.<\/p>\n

And our good buddies over at the Associated Press try to say in their report that the recession began in December of 2007 and that we\u2019ve lost a total of six and a half million jobs since then. But that\u2019s not when the recession began. The recession began in 2008. They say 2007, so they can blame all this on Bush — and even the Obamaite Lisa Jackson who was on TV this morning, kept talking about, ‘Well, it\u2019s what we inherited. We inherited… We inherited…\u2019 So they\u2019re doing everything they can to blame this on Bush, to come out and say, ‘You know, it\u2019s worse than we thought it was,\u2019 which, by the way, I predicted they would say. ‘It\u2019s worse than we thought it was,\u2019 and so now Obama is going to head out there and he\u2019s going to do a speech.<\/p>\n

He\u2019s going to talk about the unemployment numbers at two o\u2019clock this afternoon. What do you think he\u2019s going to say? He\u2019s going to say, ‘It\u2019s bad. But I want it to be bad. I didn\u2019t know how bad because we didn\u2019t know. We didn\u2019t get the truth about how bad it was from what we inherited. But just think of how bad it would be if we hadn\u2019t acted.\u2019 That\u2019s what he\u2019ll say. You want to take any bets on this? ‘It could be worse, folks. If we hadn\u2019t acted I shudder to think what our jobs situation would be in this country.\u2019 It\u2019s precisely the wrong kind of government intervention that has caused this and prolonged it, and he owns it, whether he wants to or not. The market was down, at one point today, 150 points on the news, on the unemployment news. I still maintain — and as you know, ladies and gentlemen, I\u2019m not pulling any punches here.<\/p>\n

I maintain that Obama\u2019s stimulus bill is working exactly as intended: rising unemployment, crisis. This is what they want. Now, if it starts affecting poll numbers, which it has, you\u2019re just going to see him out there trying to work his magic with his dulcet tones. Like at two o\u2019clock this afternoon, he\u2019s going to be out there trying to make it all seem okay and how bad it would have been if he hadn\u2019t been elected, if he hadn\u2019t done the stimulus. What we have today is just another day of evidence of the president\u2019s successful assault on prosperity. Obama is winning, folks. If things get bad enough, everyone will have to look at the government for everything, including health care. Obama is remaking America just as he promised. <\/p>\n

Let me ask you a quick question to illustrate my point here. If you wanted more people to demand free health care, if you wanted more people to demand a government health care program, wouldn\u2019t you want to drive their bills through the roof? Wouldn\u2019t you want to make \u2019em more and more unemployed because we don\u2019t have ‘portability\u2019 of health insurance. So the worse you can create economic circumstances and the more pain that you can create for people, the greater the odds are they will sign up for your agenda. This is by design, folks! This is chaos. This is ‘remaking America. ‘ Cap and trade, health care, unemployment numbers, this is what they intend to do: ‘Return the nation\u2019s wealth to its, quote, unquote, ‘rightful owners,” and I don\u2019t say that in a complimentary way. And the reason I am insistent and serious that this is being done on purpose is that (to borrow one of Obama\u2019s lines) there isn\u2019t an economist anywhere who would suggest doing this and keeping it up. <\/p>\n

After one year of abject failure, compounding the problem, making it worse, they gotta be doing it on purpose. Now, if you want to give Obama some slack, you might say, ‘Rush, you know what? He came into office and he had an agenda. He\u2019s going to do what he\u2019s going to do regardless the circumstances he finds.\u2019 So? Even if you want to cut him some slack saying that, you\u2019re still talking about a guy who\u2019s a lousy president, who\u2019s not recognizing circumstance and doing his agenda anyway. He is destroying the private sector he wants to fleece. He\u2019s fleecing it and destroying it at the same time. He\u2019s taking it over. There\u2019s evidence all over the place that Obama is remaking America just as he promised. He\u2019s pushing, begging, pleading, kneecapping senators now to pass cap and tax. How many people have predicted good times are just around the corner since the moment he was inaugurated? Remember? I\u2019ve got the quotes coming up from Larry Summers, all these economic experts told you how hot it was going to be, how wonderful it was going to be. <\/p>\n

They said unemployment would peak at 8%. Now, I see MSNBC running a crawl that Obama said unemployment would peak at 9%. When he\u2019s actually said, ‘It\u2019s going to hit ten.\u2019 It\u2019s going to hit 10% and it\u2019s going to hit 10% this year, and wait \u2019til you hear some of the audio sound bites. CNBC… I\u2019m surprised that that network has not been shut down by Jeff Immelt at NBC, because he runs it, but that network today and this morning is just all over this, and it ain\u2019t pretty, and it ain\u2019t supportive of Barack Obama — and that\u2019s not what they want at NBC. So if you like some of the people at CNBC, watch today and tomorrow \u2019cause next week there\u2019s no telling if they\u2019ll have jobs. We have sound bites from them coming up. We also have two sound bites from CNN about how wonderful the economy is and the evidence that it\u2019s growing. The fact that you have less money is making you happier. You\u2019re being more frugal! You finally have realized your responsibilities and become disciplined people. It\u2019s just amazing. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Unemployment is now at 9.5%; 467,000 jobs were cut in June. This is ‘far more than what was expected.\u2019 Since President Obama took office, over two million jobs in less than six months, or close to six months, have been lost — and it is astounding, it is hilarious to read State-Run Media today […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nObama's Economic Plan is Working - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/07\/02\/obama_s_economic_plan_is_working\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Obama's Economic Plan is Working - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Unemployment is now at 9.5%; 467,000 jobs were cut in June. This is ‘far more than what was expected.\u2019 Since President Obama took office, over two million jobs in less than six months, or close to six months, have been lost — and it is astounding, it is hilarious to read State-Run Media today […]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125107.Par.89380.ImageFile.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/admin.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/07\/02\/obama_s_economic_plan_is_working\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125107.Par.89380.ImageFile.jpg\",\"contentUrl\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125107.Par.89380.ImageFile.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/07\/02\/obama_s_economic_plan_is_working\/#webpage\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/07\/02\/obama_s_economic_plan_is_working\/\",\"name\":\"Obama's Economic Plan is Working - The Rush Limbaugh Show\",\"isPartOf\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/07\/02\/obama_s_economic_plan_is_working\/#primaryimage\"},\"datePublished\":\"2011-05-19T02:15:08+00:00\",\"dateModified\":\"2011-05-19T02:15:08+00:00\",\"author\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b\"},\"breadcrumb\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/07\/02\/obama_s_economic_plan_is_working\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/07\/02\/obama_s_economic_plan_is_working\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/07\/02\/obama_s_economic_plan_is_working\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rushlimbaugh.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Obama\\u2019s Economic Plan is Working\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\/\/admin.rushlimbaugh.com\/daily\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Obama's Economic Plan is Working - The Rush Limbaugh Show","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/07\/02\/obama_s_economic_plan_is_working\/","twitter_card":"summary","twitter_title":"Obama's Economic Plan is Working - The Rush Limbaugh Show","twitter_description":"RUSH: Unemployment is now at 9.5%; 467,000 jobs were cut in June. 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