Obama Plays Hoover: "Better Times Are Ahead"

As if in a fit of "anti-FDR" impulse, Barack Obama's Federal government laid off a net 114,000 workers in August in the teeth of an economic collapse, and compelled state and local governments around the country to do the same. The result was a Labor Department release today that reported another job loss, of 54,000 jobs, for the overall economy during the month.

Refusing to acknowledge this, Obama, staging one of his notorious two-minute lits du roi in the Rose Garden Friday, would not even refer to any job loss figure. The Wall Street, New York, and Washington media played along, all avoiding mentioning the latest loss in the employment of Americans.

Instead, Obama joined Wall Street in smiling over the claim by the Labor Department of a private sector increase of 67,000 jobs in August—40% of it faked by computers imputing virtual jobs created by imputed new business startups.

Never mind the layoff of 121,000 workers by all levels of government in August; the rise in the unemployment rate to 9.6%, the spread of forced part-time work to comprise an additional 4.8%, the 2.4 million discouraged workers. "Eighth straight month of private-sector gains" was all Nerobama wanted heard.

Perhaps admiring Herbert Hoover in the mirror, Obama promised that "better times are ahead. The dynamism of the U.S. economy, and the productivity of American workers, remain strong. The United States is still the leader." With this latest display of arrogance, Obama assured that one thing will get stronger still—the rage against him of the American people, half of whom have lost employment in their immediate family in the past two years.