{"id":35800,"date":"2010-07-02T01:01:01","date_gmt":"2011-05-19T00:50:21","guid":{"rendered":""},"modified":"2011-05-19T00:50:21","modified_gmt":"2011-05-19T00:50:21","slug":"it_s_payback_time_the_obama_economy_is_purposeful_disaster","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2010\/07\/02\/it_s_payback_time_the_obama_economy_is_purposeful_disaster\/","title":{"rendered":"It\u2019s Payback Time: The Obama Economy is Purposeful Disaster"},"content":{"rendered":"
\n

RUSH: At Andrews Air Force Base today, President Obama cast his state of the economy in upbeat terms and we\u2019re working right now on an audio sound bite from last November of me reacting to Obama, basically saying identically word-for-word what he said today about the economy. It\u2019s pretty illustrative. ‘To every American who\u2019s looking for work, I promise you we\u2019re going to keep on doing everything we can. I\u2019ll do everything in my power to help our economy create jobs and opportunities for all people.\u2019 <\/p>\n

So he\u2019s talking to you personally, whatever you are, wherever you are. Then Pelosi\u2019s out there saying the best job creation job we\u2019ve got is unemployment benefits. It doesn\u2019t make sense. It doesn\u2019t make sense in any way, shape, manner, or form but that\u2019s what she\u2019s out there saying. You know, we got the jobs number today. Unemployment fell from 9.7% to 9.5%, but the reason is that 652,000 people dropped out of the workforce. So there\u2019s a smaller universe of people who are counted; 652,000 people dropped out. They\u2019re not even looking for work anymore. It is a disaster. It is an unmitigated disaster, the employment circumstances and the economy overall. The numbers are all bent. They\u2019re rigged and spun. <\/p>\n

The keystone, I think, is to look at this year to year, from last June to this June. U3 is the official unemployment rate. U6 is where they count those 652,000 (heh, heh) who have given up work as unemployed. That\u2019s what takes the real unemployment rate up to around 18%. But the reported unemployment rate June of 2010 is 9.5%. The official unemployment rate in June of 2009 was 9.5%. U6, the real unemployment rate, in June 2010 is 16.5%. In June 2009 it was 16.5%. You will hear more spinners telling you how good or bad the figures are but the essential reality is that from last June to this June, a one-year arc of the almost trillion-dollar spending, there hasn\u2019t been any change. The bottom line is zero change. Probably it\u2019s gotten worse because of all the people who have dropped out no longer working are even looking for work. <\/p>\n

You know, I think we need to change the terms. They call this ‘U3\u2019 and ‘U6\u2019 for unemployment three, unemployment six. The government needs to change the titles. ‘FU3\u2019 and ‘FU6\u2019 because this is essentially what they have done to us. The FU3 unemployment rate. And the worst unemployment news is not even in the report. You know what the worst unemployment news is? Obama is still employed! Geithner is still employed. Bite Me is still employed. That\u2019s what\u2019s wrong with the unemployment numbers. Obama is not among them. Vice President Bite Me is not among them. Pelosi is not among them. Dingy Harry is not among the unemployed (but that will happen soon). Geithner is not among them. <\/p>\n

Everybody\u2019s talking about what a surprise it was to see these numbers go down like this. No. In fact, the Drive-Bys are not even trying to spin this in a positive way. They know they can\u2019t. They\u2019re not trying to say, ‘This is a fizzling recovery. We\u2019re putting a little dent in it here.\u2019 The fastest way to create jobs, as I just said, is to get rid of Democrats in November. It\u2019s to add their names to the unemployment rolls. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: I made a mental note to myself last night to come in here and reiterate something that was on the program yesterday: Megyn Kelly\u2019s interview with J. Christian Adams, the Department of Justice whistleblower. One of the things that this guy… By the way, Snerdley, everybody talking about Pelosi and she\u2019s stupid or not, you have to understand: What the Democrats are trying to do is create a permanent underclass. Now, we\u2019ve mentioned this I don\u2019t know how many times — and they\u2019ve done it. They\u2019re creating a perpetual underclass. Not middle class, but a perpetual underclass enslaved to the Democrat Party, and you have to do that with permanent unemployment benefits, just like the Europeans did. So she may be stupid in how she\u2019s selling it, but she fully intends what is happening to happen. <\/p>\n

It\u2019s no different than why do they want all these illegal aliens, ‘undocumented Democrats,\u2019 to become documented. It\u2019s all about elections, all about votes, all about power. It\u2019s not about empowering people. It\u2019s not about compassion and helping people. Many people ask me — and John Podhoretz raises the question today in a piece in the New York Post — Who is Obama? Why is he doing this? Why? Why is he doing it? Is he stupid? Is it an accident? Is he doing it on purpose or what have you? Podhoretz says it doesn\u2019t matter really, because we\u2019re a resilient people. We come back. That was his point. Things have been worse and we\u2019ve rebounded. I do think that\u2019s true, but I think we face something we\u2019ve never faced before in the country — and that is, we\u2019re now governed by people who do not like the country, who do not have the same reverence for it that we do. Our greatest threat (and this is saying something) is internal. <\/p>\n

We have plenty of external threats, enemies across oceans, but we have a threat inside as well. This is something that I\u2019ve never felt. I never feel that we had a president actually governing against the country, against the will of the people. I know we\u2019ve had liberals. Clinton and Hillary were, and are. They\u2019re pedal-to-the-metal liberals. But they didn\u2019t want to destroy things. This bunch does, and they make no bones about it — and when destruction does happen, they don\u2019t lift a finger to fix it. So in this interview with J. Christian Adams yesterday talking about (he\u2019s a whistleblower who said the charges were demanded to be dropped, that he and his line attorneys were told to just drop the case against the New Black Panthers for voter intimidation in Philadelphia) he said that there were people in the office, DOJ, who said, ‘Well, you know, those people suffered the indignity of slavery, discrimination, segregation and so forth.\u2019 <\/p>\n

He said somebody else said, ‘This is payback,\u2019 meaning, ‘All right, look. We don\u2019t care if it\u2019s the New Black Panthers or whoever it is. Black people in this country have never, ever had a fair shake. This is payback. O.J. Simpson was payback. How does it feel?\u2019 That word ‘payback\u2019 is not mine. It was J. Christian Adams quoting some people in the Department of Justice. It is exactly how I think Obama looks at the country: It\u2019s payback time. I think that he\u2019s been raised, educated, and believes on his own that this country has been (as you know) immoral and unjust. It has stolen. It\u2019s unfairly large; it\u2019s an unjustifiable superpower. We have become as large as we are not because of any uniqueness or exceptionalism or greatness but because we\u2019ve simply discriminated against the real people that made the country work, all the minorities. People around the world, we\u2019ve stolen their resources, and now it\u2019s payback time. That\u2019s what we\u2019re getting. J. Christian Adams had somebody in Obama\u2019s DOJ who said that regarding the dropping of charges against the New Black Panther Party in the voter intimidation case in Philadelphia. So don\u2019t doubt me. There\u2019s no question that payback is what this administration is all about, presiding over the decline of the United States of America, and doing so happily. Let\u2019s go to the audio sound bites. November 2nd, 2009, a segment from this program.<\/p>\n

OBAMA NOVEMBER 2, 2009: (camera shutters clicking throughout) [H]ow do we get what I call a post-bubble growth model, uh, one that is sustainable. That\u2019s what we\u2019re going to be discussing here today. Uh, as I said, we\u2019ve got experts from, uh, a wide range of business sectors, and what we\u2019re going to talk about is, are there mechanisms that we can, uh, start putting in place, uh, where we — we see the kind of growth that used to characterize the U.S. economy — <\/p>\n

RUSH: This is unbelievable.<\/p>\n

OBAMA NOVEMBER 2, 2009: — export-driven growth, manufacturing growth, a growth that pays high wages and provides, uhh, high living standards for a broad-based middle class. [snip] But we\u2019re also in an era of fiscal constraint, which means that we\u2019ve got to start finding more creative, new approaches to financing these projects. <\/p>\n

RUSH: Ugh.<\/p>\n

OBAMA NOVEMBER 2, 2009: So those are the discussions we\u2019re going to be having. Uh, not just today but, uh, in the weeks and months to come. This is my administration\u2019s overriding focus. Having, uh, brought the economy back from the brink, the question is: How are we going to make sure that people are getting back to work, uh, and able to support their families. It\u2019s not going to happen overnight, but we will not rest until, uh, we are succeeding in generating the jobs that this economy needs.<\/p>\n

RUSH: Barack Obama, November 2, 2009, nine months ago, roughly. Eight or nine months ago. These were the day meetings, these little seminars in the East Room. He was gonna send all these various experts to their work groups and they were gonna report back to him later in the day, and he said, ‘What we\u2019re gonna talk about is, are there mechanisms that we can, uh, start putting in place where, uh, we see the kind of growth that used to characterize the US economy?\u2019 I guess when the work groups came back, they reported that there\u2019s no way, because just last week Tim Geithner in the G-Whiz meetings, said, the days of the US leading and being the engine of economic growth, those days are behind us. And Obama said the same thing. The kind of growth that we\u2019ve had leading the world? No, no, we\u2019re not going to have that. Biden: We\u2019ve lost eight million jobs; we\u2019re not going to be able to replace all those. Eight months ago, Obama said: ‘We need to see the kind of growth that used to characterize the US economy.\u2019 So they are acknowledging a decline and telling us to be prepared for it. There\u2019s more of this, too.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: All right, here\u2019s what I want to do. I\u2019m gonna go back. I\u2019m going to play audio sound bite number 26 again. It\u2019s Obama, November 2nd, 2009. He\u2019s in the East Room, and he\u2019s about to send the seminar people into their various study groups to report back to him later on on creating jobs to get the economy going. This is long after the stimulus bill has been passed and implemented, and after we do that we\u2019re going to let you hear a little bit of Obama from this morning at Andrews Air Force Base as he was heading to Robert Byrd\u2019s funeral. So that means he was going to West Virginia. Okay. Fine. Well, here\u2019s Obama, November 2nd, 2009 again. It\u2019s about a minute and 20 seconds. <\/p>\n

OBAMA NOVEMBER 2, 2009: (camera shutters clicking throughout) [H]ow do we get what I call a post-bubble growth model, uh, one that is sustainable. That\u2019s what we\u2019re going to be discussing here today. Uh, as I said, we\u2019ve got experts from, uh, a wide range of business sectors, and what we\u2019re going to talk about is, are there mechanisms that we can, uh, start putting in place, uh, where we — we see the kind of growth that used to characterize the U.S. economy — <\/p>\n

RUSH: This is unbelievable.<\/p>\n

OBAMA NOVEMBER 2, 2009: — export-driven growth, manufacturing growth, a growth that pays high wages and provides, uhh, high living standards for a broad-based middle class. [snip] But we\u2019re also in an era of fiscal constraint, which means that we\u2019ve got to start finding more creative, new approaches to financing these projects. <\/p>\n

RUSH: Ugh.<\/p>\n

OBAMA NOVEMBER 2, 2009: So those are the discussions we\u2019re going to be having. Uh, not just today but, uh, in the weeks and months to come. This is my administration\u2019s overriding focus. Having, uh, brought the economy back from the brink, the question is: How are we going to make sure that people are getting back to work, uh, and able to support their families. It\u2019s not going to happen overnight, but we will not rest until, uh, we are succeeding in generating the jobs that this economy needs.<\/p>\n

RUSH: Okay, that\u2019s November 2nd, 2009. This morning, Andrews Air Force Base, speaking about the June unemployment numbers…<\/p>\n

OBAMA TODAY: Now, make no mistake. We are headed in the right direction! But as I was reminded on a trip to Racine, Wisconsin, earlier this week: We\u2019re not headed there fast enough for a lot of Americans. We\u2019re not headed there fast enough for me, either. The recession dug us a hole of about eight million jobs deep and we continue to fight headwinds from volatile global markets. That\u2019s why we\u2019re continuing a relentless effort across multiple fronts to keep this recovery moving.<\/p>\n

RUSH: Same stuff. Same thing. We\u2019re coming back from the brink, get ‘this recovery\u2019 moving. November 2, 2009 to this morning, second sound bite from today…<\/p>\n

OBAMA TODAY: The Department(s) of Commerce and Agriculture will invest in 66 new projects across America that will finally believe reliable broadband Internet service to communities that currently have little or no access. In the short term, we expect these projects to create about 5,000 construction and installation jobs around the country.<\/p>\n

RUSH: Well, good. How many jobs was the stimulus package supposed to create by now, and it hasn\u2019t created any. So high speed broadband. Big whoop! This is like taking rural telephone service out to the country in the 1920s and thirties. How have ‘global markets\u2019 changed to produce ‘headwinds\u2019 that stop us from creating jobs? What the hell does one have to do with the other? So it\u2019s either blame Bush or blame the global markets. Here\u2019s another sound bite of Obama from this morning.<\/p>\n

OBAMA TODAY: T\u2019every American who is looking for work, I promise you we are gonna keep on doing everything that we can, I will do everything in my power to help our economy create jobs and opportunity for all people.<\/p>\n

RUSH: He\u2019s been saying this since he was immaculated. It\u2019s the same speech, it\u2019s the same promise, and it\u2019s never, ever resulted in anything. We are declining. We have a president presiding over that decline. He\u2019s going to do everything in his power to help our economy create jobs? You mean like shutting down offshore drilling in the Gulf of Mexico and Alaska that\u2019s going to wipe out a hundred thousand jobs? Is that what you mean? You mean all the other regulations that you are placing on other areas of business that are going to result in a loss of jobs? You mean all the tax increases that are coming in January that are causing businesses to not hire now because they don\u2019t really know what the impact is going to be until those taxes hit? It\u2019s just the exact opposite. This man has not lifted a finger to create any private sector jobs, and the dirty little secret is he doesn\u2019t intend to. <\/p>\n

Why aren\u2019t we growing jobs in this country like we used to? Why aren\u2019t we? It\u2019s not hard to do. There\u2019s all kinds of textbook evidence, real-life historical evidence of how to do it. We\u2019re not doing it; we\u2019re not doing it on purpose. It\u2019s payback time. All the people who are unemployed? It\u2019s time for you to find out what it\u2019s like to be an American all these 200 years. ‘Yeah, greatest country on earth, superpower? Right. Well, might have been for some people, but you\u2019re going to find out what it\u2019s been like for 200 years for some of us to be an American. It\u2019s payback time.\u2019 That\u2019s what\u2019s going on here. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: This is from the Huffing and Puffington Post. They actually posted it yesterday, \u2019cause this is July 2nd. So it was yesterday afternoon. It\u2019s by Laura Bassett. ‘Expired Unemployment Benefits Causing Panic, Desperation: ‘I\u2019m Drowning Fast\u2019 — Debra Rousey of Gainesville, Georgia, says that she received an unemployment check of $194 last week, half the usual amount she receives, along with a letter announcing that this check would be her last. She is now in a complete panic over what to do next. ‘I\u2019m desperate and devastated,\u2019 she told HuffPost. ‘I didn\u2019t get any warning. I was barely making ends meet on $330 a week, trying to diaper my grandchild and put food on the table for the four people I support.” Do any of them work, Debra? I\u2019m just asking. <\/p>\n

”What do I do now? How am I going to make rent next month? I keep thinking, ‘If I end up in a cardboard box, can I find one big enough for everybody, or do I have to send my son to live with someone else?\u2019 … I don\u2019t want a handout. But right now I\u2019m at the breaking point. If I don\u2019t come up with cash quick, everything will be cut off within two weeks — gas, electric, water. Five people will be displaced. How am I supposed to come up with the money?” Look at this. Look. This is what Obama\u2019s doing to people. This is what Obama\u2019s doing to people. This is what Pelosi is doing to people. This woman does not sound to me like she wants to be on the receiving end of a welfare check or an unemployment check forever, but it sounds to me like she\u2019s been maneuvered into a circumstance where she thinks she\u2019s got no choice. <\/p>\n

There are no new jobs being created. What is she supposed to do when her checks run out? I\u2019m not making the case to extend unemployment benefits. I\u2019m using this as an illustration. Even though she called the Huffing and Puffington Post or they called her. They\u2019re using this as an indictment of the Republicans and the Democrats for not extending unemployment benefits. This needs to be looked at in a different light. This is what the United States federal government has reduced people to. This woman doesn\u2019t apparently have any hope or consideration of going out finding a job — and she\u2019s a grandmother. She\u2019s diapering her granddaughter and supporting four other people. Payback time. Payback time. This woman\u2019s going to find out what it was like, in Obama\u2019s view, for other Americans to live as they did in this unfair and immoral country for the 230 years we\u2019ve been around. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: At Andrews Air Force Base today, President Obama cast his state of the economy in upbeat terms and we\u2019re working right now on an audio sound bite from last November of me reacting to Obama, basically saying identically word-for-word what he said today about the economy. It\u2019s pretty illustrative. ‘To every American who\u2019s looking […]<\/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":"\nIt's Payback Time: The Obama Economy is Purposeful Disaster - 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\/2010\/07\/02\/it_s_payback_time_the_obama_economy_is_purposeful_disaster\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"It's Payback Time: The Obama Economy is Purposeful Disaster - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: At Andrews Air Force Base today, President Obama cast his state of the economy in upbeat terms and we\u2019re working right now on an audio sound bite from last November of me reacting to Obama, basically saying identically word-for-word what he said today about the economy. 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