Obama building a better tomorrow...tomorrow.

If you see that some of these folks have not evolved past high school mechanisms for acceptance, then it become clear why the star thing is so important. Just because one grows older, does not necessarily mean they grow up.

 

Well the OP and much of the criticism seems to about how these cars spontaneously erupt in flames keeping fire depts running around. That is at best a distortion and in essence a lie.

I will concede these cars are too expensive right now but that is often the case with new technology and things produced in smaller amounts. As the tech improves and more are made the price will come down but for now it needs some help. Maybe if we didn't subsidize the oil companies things would come around a little faster. But of course our government and much of the media is owned by big oil.

 

Could not agree more. However, pretending to have an interest in ending it and throwing a bulk of money at a vehicle that is poorly designed, simply because the company that makes said vehicle was the target of billions of dollars prior in bailout money, does not really even begin to make a dent in the ending of fossil fuel dependence. Even if your teleprompter tells you it does. In fact, I would argue that it hurts the conversion effort more than it helps, as people go "there you go, another failed 'alternative energy vehicle'."

If a President truly and honestly was devoted to change, then this effort would be far, far more in depth.

 

So, the Prius is a better car then? American engineering is not only behind German engineering, but behind Japanese engineering too?

Tsing you are smart cat, so I give you respect, but damn, is this where we are?

 

The only "change" Odumbo was interested in was that HE gets to play dictator rather than Bush.

 

Not talking about the engineering. Talking about the subsidy. I'm saying that if the President wanted to be serious about moving off of fossil fuels, then he would have gone about this a much different manner - unprecedented studies into taking working models (Prius, whatever) and making them better. Not just throwing money into Government Motors and claiming the new Volt was the savior of our times, only to have it fall flat on his face. The President's "green energy" policy has been one failure after another (Solyndra, etc)...

 

In the absence of the correct approach - which is a tax on carbon - he has to fall back on less efficient answers. Again, the fossil fuel industry, which largely owns the government, will not let this happen.

 

No Truth To January Job Gains
By DICK MORRIS
Published on TheHill.com on March 13, 2012

"Obama's entire claim that the economy is reviving is based on phony numbers and rigged statistics. Nothing is more misleading than the recent administration claims that the economy added over 200,000 jobs during each of the past three months and that unemployment is stable at 8.3 percent.

Dr. John Hussman of the Hussman Fund says that the claims of job gains are based entirely on weighted figures. "Total non-farm employment in the U.S., before seasonal adjustments, fell by 2,689,000 jobs in January." Then the spin doctors at the Bureau of Labor Statistics went to work. Hussman explains: "because it's typical for the economy to lose a large number of jobs after the holidays, largely in retail trade, construction and manufacturing, the BLS estimated that the 'normal' seasonal decline in employment should have been 2,932,000 jobs in January. The difference between the two numbers ... was 243,000 jobs, which was reported as an increase in employment."

Hussman notes that this "adjustment" in 2011 and 2012 was far more extreme than in any previous year since the 1960s. Had the standard adjustment been used, instead of the souped-up figure BLS applied, the total number of new jobs created would be only about 60,000 for January.

And even that might be an overestimation.

Hussman points out that "moreover, we've had a remarkably mild winter in the U.S., particularly in January, and it's clear that this has favorably affected both construction and retail activity. Ironically, however, nothing in the seasonal adjustment actually adjusts for this purely seasonal effect."

The stable-unemployment-rate fantasy is also based on a steady decline in the number of people in the labor force, despite population increases. The current number of people in the labor force -- the denominator in determining the unemployment rate -- is the lowest since 1981. Economist Peter Morici writes that "if the adult participation rate [in the labor force] was the same today as when Obama became president, unemployment would be 11 percent."

Morici also notes that "adding adults ... who say they [would] re-enter the labor market if conditions improved and part-time workers who would prefer full-time positions, the unemployment rate becomes 15.2 percent. Factoring in college graduates in low skill positions, like counterwork at Starbucks ... unemployment is closer to 20 percent."

Such is the happy math upon which the administration bases its claims of economic recovery.

Gallup, which predicts election results with incredible accuracy, uses the same survey methodology to develop its own unemployment rate and now reports that it stands at 9.1 percent, a 0.6 percentage-point increase since last month.

Fortunately, the American people are using their own eyes, not Obama's statistics, to figure out what is really going on. Obama's approval ratings, as measured most accurately by Gallup and Rasmussen, show a drop from 51 percent a month or two ago to the low 40s now. And Rasmussen shows Romney beating Obama by 4 to 6 points. At 42 percent of the vote in the trial heat, the president is facing a crushing defeat, because the vast bulk of the undecided vote always goes against the incumbent.

With gas prices surging, the economic data will only get worse. The Congressional Budget Office (CBO) report on the economy predicts slow growth and higher unemployment in the near future, and Hussman says that "overall, an economic downturn remains the most likely prospect."

The ability of my former Democratic brethren at self-deception is legendary, but the current optimism about both the economy and their chances of holding the White House and the Senate -- and regaining the House?! -- is downright nuts."

 

Dick Morris shows his true colors all the time. Simply what will make Dick Morris money. He could care less about either party, and would likely sell his soul for a few bucks. And, I felt that way about him for 20 years, nothing new here, except that it's so much easier to partisan bait each side to build up a following of sorts. He got caught with his pants down, literally, and has had to get worse to even stay out of the margins.


c