Thursday, July 9, 2009

The "Recovery" That Isin't

The latest Republican ad - not a bad effort

Meanwhile, USA Today is reporting that Obama continues a practice from ancient antiquity - that of tyrants distibuting the spoils to their favored subjects in order to cement their power. We saw Obama do it with the extra-constitutional favoring of unions over preferred debt holders with GM and Chrysler, and now we see it being played out in the stimulus. Specifically, when the USA today charts where the stimulus money has gone, they find that those locales that supported Obama are raking in $69 per person, those that supported McCain are getting less than half of that at $34 per person.

At least Obama is tanking in the polls. This from Rasmussen:

The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows that 30% of the nation's voters now Strongly Approve of the way that Barack Obama is performing his role as President. Thirty-eight percent (38%) Strongly Disapprove giving Obama a Presidential Approval Index rating of –8. The President’s Approval Index rating has fallen six points since release of a disappointing jobs report last week (see trends).

Thirty-nine percent (39%) now give the President good or excellent marks for handling the economy while 43% say he is doing a poor job. Those are by far his lowest ratings yet on the economy . . .

Thirty-four percent (34%) of voters nationwide say the U.S. is heading in the right direction, the lowest level of optimism since mid-March. The Rasmussen Index shows consumer and investor confidence are down again today reaching the lowest level in three months. The Discover U.S. Spending Monitor fell for the first time in three months. A Rasmussen video report notes that 46% want the government to stay out of the housing market. . . .

As to the last mentioned by Rasmussen, while it was government involvment in the mortgage industry that gave us our current economic meltdown (see here and here) - specifically, social engineering of lending standards in order to achieve racial quotas - Obama has big plans for expanding that bit of social engineering.

(H/T Gateway, Gateway, Gateway)

1 comment:

Mr Bob said...

I personally know teachers who have lost their job in the last month..this is having no or negative effect. Not a bad ad, too short, needs more specifics.