Obama Thinks US is Digging Out of Recession

Obama has just named Chicago politico-thug member Richard Daley as his chief of staff, bringing even more Chicago-style politics to DC.  How sad, but even more tragic for the United States and those struggling with unemployment, foreclosure, and hopelessness.

"We've got a big hole that we're digging ourselves out of," Obama said. 

In the words of the Chief Wiggum, "Dig up, stupid."

Employment figures disappoint by coming in below expectations and Obama thinks things are getting better.  The unemployment rate drops by 0.4% because more people have given up even looking for work, and Obama sees improvement.  Perhaps, this is because he sees increased dependency on government by individuals relying on unemployment benefits as a positive thing for his party and his "transformational" agenda.

Obama is recycling former Democratic Party hacks like Sperling, Holbrooke, Clinton, Biden, and Daley who have never run a business, never worked in the private sector (Fannie Mae and Freddie Mac don't count), and don't have a clue about how the economy works.  Government growth will continue to burden the economy causing things to worsen.

If Obama wants recovery, he needs to shrink the government in terms of its share of GDP, in raw personnel, in the number of regulations, indeed every aspect of government must contract.  The government functions by sucking from the private sector since the government produces nothing of value.  In fact, there is nothing the government produces that the private sector every wants to purchase on its own accord.  Government forces people to pay, to buy, to adhere, and to comply. 

Every new regulation and law that restricts commerce or individual freedom will be another pin prick (or stake) in the economy causing a gradual death of capitalism and free enterprise.  The future in Obama's plans contains very little hope, and virtually no change for the better.