So, unemployment remains steady at 7.6%. I just realized recently I didn’t know what the unemployment rate was anymore. It used to be a pretty important thing, but I guess we’re just kind of used to it hovering around 8% now. And it’s not like Obama cares much about it now with him on climate change and illegal immigration and what not.
I remember when 6% was high unemployment, but if it actually got there before the end of Obama’s term, everyone would hail him as the greatest president ever ever. Of course, for things to get there, he’d have to stop trying to actively beat up business like with his Obamacare and who knows what his ideas to fight global warming will cost everyone. If he could just embrace being a lame duck and stop scaring everybody with his trying to do stuff, the economy might turn around. But it take humility to not do anything, and that’s pretty much the thing Obama lacks the most — and he lacks lots of things.
Man, if only we could get another Coolidge in the presidency. Don’t know if we ever will, though; best bet would be to wait for a president to die in office and then just not replace him.
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