In 2007, Democrats swept into congressional power on a promise of increasing the minimum wage. They carried out their promise and the increase in minimum wage began in July 2007.
At the time they swept into power, also telling the country just how bad everything under Bush was, unemployment hovered between 4.4% to 4.6%
As the minimum wage increase took effect in July, unemployment began a steady trend of climbing to its current rate of 9.5%
2007: January, 4.6; February, 4.5; March, 4.4; April, 4.5; May, 4.5; June, 4.6; July, 4.7; August, 4.7; September, 4.7; October, 4.8; November, 4.7; December, 4.9;
2008: January, 4.9; February, 4.8; March, 5.1; April, 5.0; May, 5.5; June, 5.6; July, 5.8; August, 6.2; September, 6.2; October, 6.6; November, 6.8; December, 7.2;
2009: January, 7.6; February, 8.1; March, 8.5; April, 8.9; May, 9.4; June, 9.5.
Of course, increasing the minimum wage is not solely responsible for the ever-increasing unemployment, but it must share and accept its portion of the blame.
The meltdown of Fannie Mae & Freddie Mac, triggering massive mortgage failures.
Calling for more and more taxes upon all, but being hidden by calling it only a tax on the wealthy.
Borrowing trillions of dollars from China and Saudi Arabia, while refusing to create jobs and end our dependence on foreign oil.
All and more have contributed to the current economic troubles we face and blaming Bush, while just pushing through more and more Democrat Socialist ideology, just keeps unemployment climbing and shoves the worth of our money further down.
It seems as if this is Obama and his Democrat cabal’s intent.
Obama now says, “The hard truth is that some of the jobs that have been lost in the auto industry and elsewhere won’t be coming back. They are the casualties of a changing economy.”
As one of those “casualties of the changing economy,” I can only say, “go to hell, Obama.”
You and your Democrat cabal continue to wreck the country with your socialism and you look upon us, the hard working Americans, as just “casualties of a changing economy?”
No, we are real flesh and blood people who have worked all of our lives, played by the rules, raised families and some of us fought for our country.
All we have asked in return is the ability of “life, liberty and the pursuit of happiness.”
Under you neo-coms, we no longer have that, but we are just faceless numbers to you.
You are an embarrassment to hard-working Blacks who also work hard and just try to raise their families. You are an embarrassment to the country as the first Black president.
Most of all, you are an embarrassment to yourself as you stumble along without a clue of what you are doing.
America, why do you continue to return these democrat idiots to office?
Are you all just lazy? Or gluttons for punishment?
Boy, do I ever miss George W. Bush.
Tuesday, July 14, 2009
Posted by Lew Waters at 7:02 PM