This week's post will be a short one as I will comment on just a few things and call it a night. In the week that was we were treated today to comedian Steven Colbert testifying before Congress. No that is not a mistake, a comedian, IN CHARACTER, was brought in to testify before congress. The mid-term elections are 39 days away, the dems and repubs couldn't get "don't ask don't tell" repealed despite support from both party bases, unemployment stands at 9%, the country remains in a recession and congress.... brings in a comedian for their entertainment.
Can someone please explain what was the value that Colbert added? Cuz I don't see it.
Speaking of 9% unemployment, what is with the National Bureau of Economic Research declaring that the recession is over? Not only do they declare that it is over, but that it has been over since June 2009?! Almost everyone from all political angles disagree with this announcement and are shocked at the huzpuh it takes to even try and pass this off. As far as I can gleam the NBER bases their data on GDP per capita and note that as of June 2009, it stopped going down and has since risen, but still isn't quite to the level it was prior to the recession. Thus far it has climed back a little over 2%. It will need to continue to climb another 3% for us to reach that pre-recession level. This can be reached but it should be noted that should the Bush tax cuts be allowed to expire and the Congress moves forward with cap and tax that it will be significantly shortened.
A note on disaffected people of both political classes. A lady who spoke of being "exhausted" in her defense of Obama and all the change he promised but has not delivered has highlighted the ugly side of the left yet again. Obama has been a pretty big disappointment for many who voted for him and this is evident in his sinking approval numbers, last listed at 46%. It shouldn't be too far of a reach to think that such a person such as this lady would remind Obama of how much he has come short, but those on the left seem to be completely oblivious to the reality that is this man they elected President. They have called this lady a plant, accused her of being a fraud etc etc. None of them have ventured to ask themselves just what the hell Obama has done that is of any good to anyone in this country since he took office. Folks, sometimes you run into people who "gasp" can think for themselves and express something known as opinions. If you disagree with them than it is proper for you to disagree with their ideals while still respecting their independent thinking process. To leap to such conclusions on this lady, IMHO, only highlights the narrow ideology of many on the left. Disappointing, but sadly typical of both the left and right today.
Lastly Republicans gathered recently to publish and announce their support for a new contract with America. As can be expected the central themes of this pledge is to cut spending, taxes and for all spending to be conducted in a respectful manor. This is a policy that should be expected from our policymakers IMO and so I support it and I do humbly hope it becomes a reality following the elections.
That's all for now kids. Catch ya next week.
-Zach
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