Talk about rewriting history! The White House scrubbed the transcript of a recent speech Barack Obama gave at his 30th DNC fund raiser, where the audience laughed after Obama remarked about his job creating prowess. The transcript read: “Over the last 15 months we′ve created over 2.1 million private sector jobs. (Laughter)” The word “(Laughter)” was replaced with “(Applause)” when the White House realized that some people may find it offensive. Just last week, at a jobs summit in North Carolina, Obama joked about how his ″shovel ready jobs″ funded by the massive stimulus bill were not as shovel-ready as thought.

barack obama jokes unemployment

The latest economic news is pathetic. The Misery Index is at its highest level since begun. If one used the same standards for calculating inflation as were used during the late 1970s, the index would be even worse, over 30-points. Ben Bernanke and the Federal Reserve announced today a further weakening in the economic forecast. Depending on whose numbers you believe, America has lost between 7 to over 10 million jobs since Obama took office, resulting in the lowest percentage of the population employed since the Great Depression.

The entire Obama agenda has been anti-business, anti-jobs and anti-growth. Meanwhile, the percentage of Debt to GDP has increased from 40% in 2008 to now 70%. Again, that depends on whose numbers you believe concerning where the GDP is. By some measures, it is still in negative territory after Obama has spent over $4 Trillion dollars more than revenues. Once the Obama healthcare plan and Wall Street reforms are fully implemented, the decline will increase even more.

Meanwhile, Barack Obama jokes with fellow Democrats about job creation. Obama and the DNC have wiped out all job growth since 2001. The Bush Tax Cuts led to a straight 56 months of positive job growth, sending unemployment rates to their lowest levels since World War Two. The White House rewriting the transcript of the speech clearly indicates the general dishonesty of the present administration. Obama has held 30 fund raisers since announcing his reelection campaign, ten times more than what George W. Bush held at this same point. Obama is less interested in leading the country than he is in raising money for his own glorification.