After losing 16,000 jobs each day since the Spendulus Bill was passed 100 days ago, Barack Obama congratulated himself yesterday at a campaign stop. Obama also told the crowd that now is not the time to “rest on our laurels.”
16,000 Jobs Lost Each Day Since ‘Stimulus’ Became Law
After 100 days of ‘stimulus’ we have to ask: Mr. President, are you looking at the same numbers we are?
Via House Republican Conference
“When you look at the economy right now, I think it’s safe to say we have stepped back from the brink, that there is some calm that didn’t exist before,” Obama said at a fund-raiser for the Democratic National Committee.
Obama took credit for a large share of the turnaround, saying his young administration had accomplished as much or more in its first four months as any administration since Franklin Delano Roosevelt’s in the 1930s…
“We can’t rest on our laurels because we’ve got a lot of work to do” in areas ranging from healthcare to education to curbing dependence on foreign oil, he said.
Of course, not everyone was excited to see Franklin Roosevelt socialize the economy back then either.
General Douglas MacArthur thought FDR was a communist.
Joe Hard sent this in:
When Franklin Roosevelt was elected president, many Americans worried the country was moving towards socialism. In the book Maverick Military Leaders, published in 2008, the author Robert Harvey notes that General Douglas MacArthur after having served as the chief of staff under President Hoover, was distraught after the election of President Franklin Roosevelt in 1932.
“MacArthur watched with grim apprehension as Roosevelt was swept to power at the expense of Hoover and the Democrats seized control of both houses of Congress. To MacArthur it almost seemed that the very forces of communism and revolution had won at the ballot box.”
MacArthur wasn’t too far off.
Related… Mere Rhetoric reported that after announcing they’ve created or saved 150,000 jobs since the stimulus passed (while actually losing 16,000 each day) the White House is now shooting for creating or saving 600,000 jobs in the next 100 days.
Let’s hope it goes better than those first 100 did.