Right Pundits

The March 2013 Jobs Report was released by the Bureau of Labor Statistics yesterday, prompting Rush Limbaugh to declare that America is a ′dying country.′ While the ′official′, U-3 unemployment rate fell from 7.7% to 7.6%, this only came to be because some 496,000 people were statistically bumped from the labor force. This resulted in the Labor Participation Rate to drop from 63.5% to 63.3%, the lowest since 1979! A net increase of just 88,000 jobs created in March was way below the ′expected′ number of about 200,000. The Employment-to-Population Rate also declined from 58.6% to 58.5%. Some Liberal pundits are already blaming sequestration for the poor numbers, but the private sector created some 95,000 jobs, meaning that government jobs only declined by some 7,000. The broader U-6 Unemployment Rate, which covers a wider spectrum of the labor force fell from 14.3% to 13.8% thanks to some 663,000 people ′giving up′ looking for a job.

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When you have a government that sees itself as the central institution of a society, or makes itself so, it’s not a good thing. When you have a government which believes it can tax and spend a nation to prosperity, it’s even worse. When you have a government with both these characteristics, it’s fair to say, things have become grim.
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How ironic that the new January 2013 Jobs Report states that the national unemployment average, the U-3 rate, increased to 7.9% just one day after Barack Obama failed to renew the charter for his Jobs Council. The Labor Department released its figures compiled by the Bureau of Labor Statistics and only an estimated 157,000 jobs were added in January. Hardly enough to keep up with population growth. Most of the non-farm jobs created in January were in the retail, construction, mining and health sectors. The largest decline was in the transportation sector, with manufacturing and other sectors remaining essentially flat. The Civilian Labor Force only added about 143,000 to the ranks of job holders and seekers, keeping the labor participation rate steady at 63.6%. The average work hours for those lucky enough to be employed remained steady at 34.4 hours per week and wages increased a whopping $0.04 per hour. The overall U-6 unemployment rate also held steady at 14.4%.

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The U.S. Commerce Department numbers are in and the nation′s Gross Domestic Product, GDP, shrank 0.1% in the Fourth Quarter of 2012. A lack of consumer spending was blamed due to Hurricane Sandy as the Conference Board shows a decline in confidence, resulting in slower growth. The Barack Obama White House went on the defense, blaming Republicans for stirring up more uncertainty during the Fiscal Cliff debate. The Left-Wing Media also tried to spin a happy face citing other economic data, such as house sales. Some experts, like former Enron economist Paul Krugman, point to less government spending as the main culprit for the decline in GDP. But the bitter reality is that the Obama Recovery never happened. What little GDP growth there has been over the past four years of the Obama administration is by and large due to monetary policy from the Federal Reserve Bank which is pumping cheap money into the economy, causing more inflation than GDP growth. Since taking office, the nation′s GDP has been shrinking consistently in value.

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On Monday, Barack Obama took the oath in public on his Inauguration Day 2013. In between highlights such as the Bill Clinton photobomb of singer Kelly Clarkson, the Sasha Obama yawn during her dad′s speech and the Michelle Obama eye roll to John Boehner at the Congressional Inauguration Day Luncheon, we gleaned some idea of what to expect for the next four years. Obama spoke for just over 18 minutes before a crowd estimated to be close to a million people on the Washington Mall. He made a pitch for social justice, to expand the power of the federal government over people′s lives for their own good. Obama also made it very clear that he wants to spend more money we do not have, as well as tax more from those who do have. One thing not mentioned at all was the need to find jobs for the nearly 24 million unemployed Americans.

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Union protesters turned violent at the Capitol Building in Lansing as Gov. Rick Snyder signed the Michigan Right To Work 2012 bill into law. Steven Crowder, a contributor to the Fox News Channel, was among those assaulted as a group of union thugs tore down two tents occupied by women and handicapped seniors who support the new law. Video of the event clearly shows that Crowder was sucker-punched. Unions and their Democrat allies claim that the new law is unfair as it gives workers the option of joining a union and paying dues. They say it gives non-union workers a ′free ride′ to enjoy the benefits which unions claim to have negotiated. Of course, this argument falls on deaf ears when it comes to the 47% who pay no income tax yet enjoy the benefits of being an American citizen. Michigan now becomes the 24th state to have a right-to-work.

Photos and Video

At this point in time, there is no deal underway to ensure that the country does not run over the fiscal cliff. The Fiscal Cliff will be reached if we do not have a deal in place by late December- so the clock is ticking down. The Fiscal Cliff provides an opportunity for the party; if we can reach a deal (which I believe we can), then we have credited the Republican party as collaborative and in the interest of the American Party. If we don’t reach a deal and get to the Fiscal Cliff, there will be major political challenges across the aisle, and a complete change of pace for the nation.
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There is growing pressure on the White House, now that the elections are over, for Barack Obama to approve the Keystone XL pipeline. The project would bring Canadian tar sands-oil down through the States to refineries on our Gulf Coast. One fly in the ointment for the Obama administration is after UN Ambassador Susan Rice appeared on Capitol Hill, a review of her finances shows that she is invested in TransCanada, the company behind the pipeline. How this might impact her promotion to head the State Department is just one question to be answered? Another is Obama’s dilemma between two core constituency groups, labor unions, who favor the construction jobs the Keystone pipeline would provide, and environmentalists who oppose it.

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