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It’s the Economy, Stupid

Friday, August 6, 2010
posted by BumperStatement 5:39 PM

It seems like the days are crawling by leading up to the November elections. The new unemployment numbers out today cast even more doubt on the health of the economic recovery. I know, the private sector gained jobs and the vast majority of the losses were due to laid off census workers, but that’s irrelevant. Congress recently voted to extend more benefits to the states, and it looks like more handouts are in the pipeline.

Over recent weeks, there’s been much controversy over extending unemployment benefits past 99 weeks—if you can’t find a job in nearly two years, tough luck. If we give these people money, they’ll just go spend it; how does that stimulate the economy? What Congress should be focusing on is extending the Bush tax cuts for all. Team Obama is trying to kill the country’s economy my raising taxes on the wealthy, those who invest and support the economy. I for one know that I’ll be proudly brandishing my Impeach Obama bumper sticker when I head to the polls in November.

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