Jun 23 2011
So many chickens coming to roost. Today is turning out to be a damning news day for the left, as all their fantasy beliefs crash into harsh reality. Their simpleton take on life is now being thrashed by the complex forces that are reality.
First up – Unemployment continues to ravage the land, pointing towards a horrible unemployment report coming out the week of July 4th. Check out the staggering increase in the unemployment rolls in just one week (click to enlarge):
While the first time claims rose to by 9,000 to 429,000 new claims a week, the unemployment rolls across all categories rose by over 137,000 in that same week. That equals about a 2% increase, which better not be a long term trend over the summer. 7.5 million Americans are on unemployment of one kind or another, and that does not count the 2+ million who simply dropped out of the ever shrinking workforce.
Obamanomics continues to spread its pain and change. And what does this mean for the President and Democrats in 2012? Nothing good, that is for sure. Let us begin with the President’s election chances, given the mood of independents, as measured by Gallup (click to enlarge):
The big take away from this poll is where the independents are heading – away from Obama in droves (42% GOP – 32% Obama). In the previous monthly poll from Gallup Obama was keeping his own with Indies (37%-37%). That 10% slide indicates another historic drubbing like 2010.
In 2008, during his otherwise-solid election victory, Obama lost the white working class vote by 18 points. In 2010, however, things got much worse: Congressional Democrats’ experienced a catastrophic 30 point deficit among the same group. While the first number is a figure Obama could live with repeating, the second could very well prove fatal.
But it is not just white centrists Obama and the Dems are losing – its across the board and it has to do with the horrible economy:
* Fifty-five percent of Americans think that spending cuts and tax cuts will give businesses more confidence to hire. Only 17 percent think government should spend more to stimulate the economy, and only another 17 percent think we should maintain current spending levels.
* Sixty-five percent say that a major reason for the economy remaining in the toilet is because the large federal deficit makes the economy “unstable.”
* Fifty-two percent think a major reason for our economic doldrums is that “uncertainty” created by government regulations and taxes is harming hiring.
* Only 35 percent think a major reason for the economic doldrums is that spending cuts hurts jobs.
On the Global Warming debacle to Obamacare to out of control government spending, liberalism is taking a beating. The most powerful weapon against an ideology like liberalism is reality. Because reality exposes the leftist mythology for what it is: naive, wishful thinking. And once this becomes exposed, all credibility is destroyed. No sane person will let liberals ever again experiment on Americans as they have recently. Not when the result is the loss of a life’s worth of savings, the loss of value in our homes, the loss of good jobs and careers, the loss of an ever growing standard of living and the loss of confidence in the American dream.
This is what liberalism has wrought, and it will be decades before the memory of these debacles recede enough to give the left another chance.
Update: The completely expected “unexpected” weekly report is once again highlighted at Hot Air