Friday, November 6, 2009
H/T Legal Insurrection
H/T Reaganite Republican
The support has been bought, congress member’s arms twisted, and now Pelosi has declared that a health care vote will occur tomorrow. Congress works on Saturday? No, this will be a “special session.” Let’s not forget that this wouldn’t be the political left if they weren’t foremost concerned with leftist politics. Connolly, a Democrat from VA, titled the Democrats cards indicating why the vote is being pushed. He said of Tuesday’s elections:
"What I saw was a depressed Democratic base. And what that told me is, Democrats are going to have to deliver for that base if they want to excite that base…"
Somebody hand these people a pair of glasses, because clearly they are not seeing the writing on the wall. It was written on the pages of newspapers today with big print reading, “Unemployment hits 10.2%!” Yet where are the special congressional sessions to discuss the economy?
What is more interesting is the complete lack of respect from congressional democrats for their base of supporters. According to Connolly, you are to overlook their failures in dealing with the economy in exchange for a health care bill only a politician would love (here and here), but never use. I pity the sheeple on the left that are not revolting with disgust at this slight.
Since Tuesday’s exit polls showed that all voters are concerned about the economy, let me show you the way to reality (Big Hat Tip to Regeanite Republican for the amazing graph (I still love graphs)). If unemployment data mirrored the White House’s projections for the stimulus, would the left be saying the stimulus is working? Would it not be reasonable to say that the stimulus is causing the problem since we are doing worse than the “do nothing” scenario?
I am well aware that unemployment is a lagging, not leading, economic indicator. This means that the economy needs to improve before unemployment improves. However, this doesn’t mean that nothing about the future of the economy can be extrapolated from unemployment numbers. By all means, the figures we are looking at today regarding unemployment points to a very serious problem with last quarter’s GDP figures.
Over the last few months, economists had been forecasting a slowing in the recession and unemployment. Today’s numbers do not show a slowing in unemployment, but stagnation. If unemployment is stagnate and not tapering off towards positive employment growth as predicted, what does this mean about our recession assumptions? It raises the possibility that the recession is also stagnate and not easing as forecasted.
That’s not all that is stagnating. The Obama administration is dithering on all fronts be it the economy, Iran or Afghanistan. Yet this Saturday, it is absolutely imperative that we pass a health care plan that won’t be implemented until 2013.
Other related posts:
Left Coast Rebel