Unemployment Rate

The Pure Ignorance And Stupidity Of Donald Trump Is Beyond Belief!

Donald Trump is supposed to be an intelligent man, but if one listens to much of what he says, one can come to the conclusion that he is extremely ignorant and stupid.

He claims to be smarter than everyone, and that his best advisor is who he looks at in the mirror.

So he tells us that climate change and global warming is a hoax.

He informs us that Korea was part of China.

He tells us that his First Hundred Days are the most accomplished of any President, forgetting Franklin D. Roosevelt.

He talks about Frederick Douglass as if he was still alive, although he died in 1895.

He informs us that ISIL (ISIS) is due to Barack Obama, although it is actually due to the Iraq War initiated by George W. Bush and Dick Cheney.

He claims that the unemployment rate and jobs report under him is fantastic, while repudiating similar figures in the last months in office of Barack Obama as fake statistics.

He says that Barack Obama left a mess, even though Obama created more jobs in his Presidency than any President, and left us with a tripling of the stock market and halved the unemployment rate when he came in, having inherited the worst economic conditions since Herbert Hoover and the Great Depression.

He lies about inauguration crowds, and the numbers at the New England Patriots White House event.

The man is a perpetual liar and deceiver of the facts, and yet has millions of clueless people still honoring him.

It is in many ways as if America elected a totally inept, unstable, ill informed leader, and yet not an issue to millions of gullible Americans, which says legions about them, and is a sign of the massive problems we face.

Alternative facts, which means pure right wing propaganda, is rampant, and millions of Americans are totally unaware of the realities of science and history, and simply believe what right wing media tells them.

The Positive Contributions Of The Barack Obama Presidency

So here we are on the last full day of the Barack Obama Presidency, which I have been writing about since August 2008, and just about daily since 2010.

Barack Obama has been an historic President, and will end up in the top ten of our 44 Presidents over time, if not immediately.

Barack Obama was the most pilloried President since Richard Nixon, but for no good reason, and a lot of it was based on pure racism, sorry to say, but the truth.

But Obama brought us a dignified, classy persona to the White House, as did his wife Michelle.

He gave us the biggest expansion of our health care system, and much of it will survive the Donald Trump and Republican onslaught in the end.

He gave us the concept of limited military involvement, after decades of too many interventions overseas, and ended our involvement in Iraq, and cut back dramatically on the unwinnable war in Afghanistan.

He gave us the possibility of ending the threat of Iran as a nuclear power, and opened up a new relationship with Cuba, after 55 years of ignoring reality.

He accomplished through the use of technology and drones the elimination of thousands of terrorists worldwide, and took the gamble to bring justice to Al Qaeda leader Osama bin Laden.

He started moving the focus of American foreign policy to Asia and the Pacific, and kept good relations with America’s NATO allies, and kept Russia’s Vladimir Putin on edge. about how America would react toward his aggressive stands.

He made climate change worldwide a crucial focus, and participated in international agreements, and accepted science over conspiracy theories, and made us realize global warming was a danger to American national security.

He took an economy that was the worst since the Great Depression, what is called the Great Recession, and turned it around, with the greatest job growth over eight years in American history, the greatest stock market growth, and the greatest drop in the unemployment rate that has occurred in any administration.

He accomplished in health care what Presidents since Theodore Roosevelt to Franklin D. Roosevelt to Harry Truman to John F. Kennedy to Lyndon B. Johnson to Richard Nixon to Bill Clinton to George W. Bush had been unable to do.

He brought about the revival of the American auto industry, and advanced the rights of workers to overtime pay and increased minimum wage, and the rights of consumers through the creation of the Consumer Financial Protection Bureau.

He advanced women’s rights, including to equal pay, and gave DREAM kids a reprieve from possible deportation, and promoted the idea of universal pre school and community college education, and worked to try to deal with the student loan crisis.

He advocated fair treatment of Muslims in America, and became the champion of gay equality in the military, gay rights in society, and gay marriage and transgender rights.

He became a great advocate of the environment, adding to our national parks and national forests and endangered sites, and continued the tradition of earlier exceptional environmental Presidents, including Theodore Roosevelt, Franklin D. Roosevelt, John F. Kennedy, Lyndon B. Johnson, Richard Nixon, Jimmy Carter, and Bill Clinton before him.

He utilized executive orders to expand the rights of the American people, and worked for legal and judicial reform, and appointed Sonia Sotomayor and Elena Kagan to the Supreme Court.

He cared about the weak, the powerless, and the forgotten groups in American society, and set a good moral basis in his own life and that of his family, becoming a model for young people as to how a President should conduct himself.

He avoided lashing out at those who promoted bigotry, and also showed emotion after his failed attempts at immigration reform and gun safety legislation. He had real tears, emotions, and sincerity in the Oval Office, which has hardly ever seen that, and hard to think of any earlier President quite like Obama.

He also faced the greatest number of threats of any President since Abraham Lincoln, as delineated in my Assassinations book, and demonstrated great courage and equanimity in waking up every day, knowing he was a target for hate mongers who wished him and his family ill will.

And finally, he had two terms of office without any hint of a personal, or otherwise, major scandal!

So Barack Obama was a FINE MAN, a different spelling of this author’s and blogger’s last name, and he will rise in the Presidential rankings to the top ten, and likely higher in the middle of the top ten at some point in the future, as he was truly a transformational President!

Goodbye, President and Mrs Obama, we will miss you, and wish you many decades of good health, prosperity, and happiness, as you continue to contribute to American betterment! God bless you both!

Obama’s Last “State Of The Union”: A Moment To Reflect On The Past Seven Years Of Accomplishment, And Set Future Goals!

Barack Obama gave a dazzling State of the Union address last night, showing flashes of the original Barack Obama at the 2004 Democratic National Convention, when he first came to public notice.

The President used this last major speech of his administration to set the record straight on what had been accomplished, and what he saw as his goals for the long term future of the nation.

Obama made clear that he will dedicate his post Presidency to a war on cancer; a seeking of criminal justice reforms; a promotion of the climate change agenda; and continuing to promote the struggle against international terrorism.

As we look back seven years, despite all of the bitter recriminations visited against the 44th President, we have to marvel at what he has accomplished:

A massive revival of the American economy, including halving the unemployment rate, more than doubling the stock market, and rescue of the auto industry. after the tragedy of the Great Recession.

A major social change on the issue of gay rights and gay marriage, the new human rights initiative of the 21st century.

A path breaking law, ObamaCare, which will have a long range effect, after fine tuning, as Social Security and Medicare  in earlier generations, so Obama is carrying on and adding to the legacy of Franklin D. Roosevelt and Lyndon B. Johnson.

The pursuit of diplomacy over engaging in more warfare, although using modern methods including drones, to pursue terrorism, and having major, unsung success, without committing our young men and women to the battlefield as cannon fodder!

The promotion of civil rights and equality on a level long overdue, to continue the legacy of Lyndon B. Johnson.

Barack Obama proved once again how compassionate and sincere a human being that he really is, a trait which will play well in history, and the odds of his Presidency being ranked as one of the more significant and transformative  in our history have greatly increased, as he nears the end of his time in the Oval Office!

 

Seven Years After The Collapse Of The American Economy, The Great Recession Is Over!

In 2008, the last year of the George W. Bush Administration, the American economy collapsed into the Great Recession, the greatest economic downturn since the Great Depression of the 1930s!

Now, seven years later, the Great Recession is finally over, and most American economists would say we are at “full employment”, with an unemployment rate of 5 percent!

Does anyone wish to argue that, magically, John McCain and or Mitt Romney would have brought about such a low unemployment rate any sooner than seven years, when the same situation arose under the New Deal of Franklin D. Roosevelt?

Twice, a Republican President brought down the economy, and a Democratic President revived the economy.

Both FDR and Obama were called Socialists, Communists, radicals, and extremists, and both faced great hatred from the elite wealthy.

The difference is that FDR kept a Democratic Congress, while Obama had to deal with an opposition House of Representatives for the last six years of his Presidency, and with an opposition Senate for the last two years of his  Presidency.

So in a way, Obama’s accomplishment may be all the greater!

It will take time for Obama to be appreciated for what he did for the economy, but the time will come, eventually.

At the same time, there clearly is a need for more to be done, as there are still too many people in our society, poorly educated and unmotivated, who need to be trained and helped to find stable employment, but a lot has been done, and it is appropriate to salute President Obama!

Los Angeles Minimum Wage To Go To $15 By 2020! Is This The Trend For The Nation?

The issue of the minimum wage has been a controversial one for the past decade, with the unwillingness of Congress to raise the minimum wage, which used to be raised automatically, based on the “cost of living” until the Presidency of Ronald Reagan.

Ever since, even despite occasional increases under George H. W. Bush and Bill Clinton, the argument has been that raising the minimum wage will cause more unemployment and raise prices for consumers dramatically.

But many say that is not the case, and that it is a situation of a basic human right, the ability to support oneself and one’s family, and that many of the people on the minimum wage are NOT young beginning workers, as claimed by critics, but rather people primarily of color who are single mothers with children.

Now Los Angeles has taken the bull by the horn, and mandated a $15 minimum wage in steps by the year 2020, and a few other localities, such as San Francisco and Seattle, have also raised the minimum wage, although not as high as Los Angeles.

There is a movement nationwide by fast food workers, and retail industry workers, to force an increase by demonstrations, with limited success at this time.

The fact is that IF the minimum wage was always based on the cost of living, the original minimum wage of 25 cents per hour in 1938 would not be about $22.00 an hour, so even what Los Angeles has mandated will happen, does not meet that standard.

President Obama has proposed a national minimum wage of $9 an hour, a small step forward.

It is clear that no worker, who works full time, should be expected to live in poverty, and if the rest of us must pay a higher price for goods and services, so be it!

Barack Obama After Six Years In The Presidency: On Way To Top Ten Of Our 43 Presidents!

As 2014 ends, Barack Obama is finishing his sixth year in the Presidency, and will officially mark that milestone on January 20, when he delivers the State of the Union Address to a joint session of Congress, controlled by the Republican Party, which has stood in his way, has been a constant barrier to anything Obama proposes, and hates the ground he walks on. Conservative talk radio and Fox News Channel, and conservative think tanks, would not be happy no matter what Barack Obama does or says. And there is a strong level of venal hate, very dangerous, that puts the President in the cross hairs of a potential threat to his life on a daily basis.

But despite all that, President Barack Obama has a record in office to be proud of, not perfect in any sense, but still outstanding enough to have a chance to end up in the top ten of our Presidents, if not immediately after leaving the White House, over a generation or more as time passes, and passions calm down, and particularly after Obama has passed away, an opportune time to reconsider the legacy of any President, particularly one so much maligned in his time!

The list of Obama accomplishments is endless, but key points include:

The adoption of ObamaCare, which will be seen as transformative over time, as much as Social Security and Medicare.

The successful tracking down and elimination of Osama Bin Laden, the perpetrator of September 11, 2001.

The ending of US military engagement in both Iraq and Afghanistan, two wars that were unwise to conduct in the first place.

The revival of the American economy, with 11 million jobs created; the unemployment rate below six percent; the greatest economic expansion since the Bill Clinton Presidency; the smallest increase in the deficit for the past decade; the 150 percent increase in the stock market; the lowest gas prices in five years; and the revival of the domestic auto industry.

The appointment of two Supreme Court Justices–Sonia Sotomayor and Elena Kagan, and some exceptional cabinet appointments, plus the best Vice President in American history, Joe Biden.

The promotion of gay rights and gay marriage, insuring the end of discrimination based upon sexual orientation.

The advancement of environmental concerns, including dealing with global warming and climate change.

The promotion of a tolerant attitude toward immigration reform.

The establishment of a new relationship with Cuba after 50 years of a failed policy.

The promotion of labor rights in a time when labor has been under attack.

The protection of women’s rights against right wing attempts to undermine the advancement of women in all spheres of American life.

The avoidance of engagement in new wars, which the right wing is always itching for.

The courage of Obama to go after terrorists in a way that limits US military involvement, but effectively has killed more terrorists than George W. Bush.

President Barack Obama was the the right person for his time, and will be seen as that in history. He has met racist attacks by refusing to show anger, but instead class and dignity! He has admitted failure, but also has confidence in the morality of his cause. Considering the extreme opposition he has faced, what he has accomplished is miraculous beyond belief.

Despite having presided over the rapid decline of Democratic majorities in both houses of Congress by vicious attacks and massive spending by right wing billionaires, he has made it clear that he will use executive orders to do what he feels must be done in the last two years of his Presidency. The right wing Supreme Court, with its Citizens United Case in 2010, and the lackadaisical attitude on voting of many Democratic constituent groups, has contributed to this decline in Democratic Party strength, but Obama has reacted by making clear that it will not deter his plans to make the nation a place better for the middle class and the poor.

President Barack Obama will NOT allow the prevention of further improvement of the New Deal and Great Society, and he is much to be admired, as a credit to the office he holds!

Alternate Universe Of The Right Wing On Barack Obama And The Economy

The Right Wing on talk radio and Fox News Channel, and the Republican Party nationally and locally, demonize Barack Obama on every subject imaginable, including the economy.

At the same time, the following is reality:

The stock market is at its all time high, about 150 percent above what it was when Barack Obama became President six years ago.

The unemployment rate is the lowest since the beginning of the Great Recession under George W. Bush in 2008, and millions of jobs have been created, with the number of jobs lost all regained, and new additional jobs created, and starting to be better paid jobs.

The increase in the deficit on the annual budget is the lowest it has been since the Bill Clinton Administration.

Ten million more people have health care now, due to the expansion of Medicaid and the adoption of ObamaCare, and health care costs have decreased for many.

The price of gasoline is the lowest in five years.

We have seen record corporate earnings in the pasty year.

Economic Growth, at five percent in the third quarter, is the highest since 2003.

The Obama public opinion rating shot up four points last month, the highest in nearly two years.

America has a positive view of the economy for the first time since 2007, when the economic decline began, and accelerated rapidly.

Considering that the Republican Party controlled the House of Representatives for 16 of the past 20 years, and the Senate for 13 of the previous 20 years, it is clear that Barack Obama has presided over a growing economic boom, as occurred under Bill Clinton, but did not under George W. Bush!

What The Midterm Elections Will Tell Us About America And Its Future!

We are now three days away from the Midterm Elections of 2014, and any political junkie is, by this time, worn out, and sick and disgusted at the constantly changing public opinion polls and the projections on Governorship and Senate races.

America has a choice to make, whether to move forward, and have a compassion and concern about those less fortunate, those who have been subjected to discrimination, those who simply want acceptance and respect, those who want a piece of the “American Dream”, and those who want to restore the middle class, which reached its peak in 1973, and has been in rapid decline since then.

If the Democrats lose the Senate and fail to throw out most of the seven Tea Party Governors who have been a nightmare to their states, then we have become, without any doubt, a nation moving toward the Gilded Age of the late 19th century, an American where racial minorities and immigrants were mistreated in horrible ways, women were second class citizens, and there was a monopoly of wealth and power by the elite wealthy over society, including exploitation of working people not treated with respect, and promotion of lower pay for women, exploitation of child labor, and the wholesale perpetrating of long lasting degradation of the environment.

It will also demonstrate that lack of knowledge, lack of education, lack of common sense, lack of caring about anyone other than oneself and close family and friends, leads to a reactionary society where there are no values other than greed and selfishness, and yet the victims in the long run are not just “others”, but these ignorant people who vote against their own advancement and welfare!

It is normal for a midterm election to promote some losses for the party in the White House, but to give the Republican Party massive rewards for obstruction, narrow mindedness, refusal to do what is good for the nation, and the promotion of pure hate, would be a sign of the failure of American democracy.

It would tell us that the goal is to confuse and divide the nation, while a small elite enriches itself and promotes wholesale destruction of the 20th century–including the New Deal and Great Society!

It would tell us that having provided millions with health care who never had it; has lowered the unemployment rate to the lowest since the Great Recession; has seen the stock market more than double; has eliminated Osama Bin Laden from the earth; has seen gasoline prices lower than in the past four years; has seen the deficit lowered by two thirds; has provided a Consumer Financial Protection Bureau; and has done so much to make lives better in many other ways, has failed to convince Democratic and Independent voters that it is worthwhile to fight for what they believe in, rather than just sit home and let the enemy of all this take over, all based on lies and talk radio and Fox News propaganda!

If the Democrats lose, a lot of the blame will be on Democratic office holders unwilling to defend the record they have achieved and to defend Barack Obama, and instead to allow fear and panic and anarchy and hate and prejudice take over the American psyche, and allow a party with no ideas and no ethics or morality to govern us, and take us down hill as they have done so often in the past!

Barack Obama Success Versus The Public Opinion Polls

Barack Obama has been the most successful President in economic affairs in modern times, surpassing Bill Clinton and Ronald Reagan.

So says the conservative journal FORBES, and who is to argue with them coming up with this conclusion?

Obama has presided over the greatest stock market growth in American history, but also has seen tremendous economic expansion and creation of jobs not seen since the Clinton Administration.

Of course, unemployment is still 6.1 percent and many people have dropped out of the job market, and unemployment compensation has not been extended.

And of course, the minimum wage has not been increased, and should be, if based on the cost of living, would be triple what it is now–$7.25 an hour!

Infrastructure spending is essential, but has been prevented by the Republican Party.

The point is that despite the inherited Great Recession, Barack Obama has done miracles on the economy, and has succeeded in killing more Muslim terrorists than anyone else, including Osama Bin Laden and Libya’s dictator, Muamarr Gaddafi.

And yet, despite all this and much more, recent public opinion polls show a low point in the 30s for Obama, including one third disillusioned Democrats.

But it is clear that these polls are not to be relied on or believed, and it is obvious that those polled do not understand what has happened, and are clueless as to public affairs, and are more reacting to the right wing attacks on Obama, rather than using their own intellectual abilities.  It is scary how a large portion of the nation is ignorant, and ill informed!

The Reality Despite Quinnipiac Poll: Lowest Unemployment Rate And Highest Job Growth Since 2008!

The Quinnipiac Poll may show Barack Obama to be the worst President since 1945, but it is clearly an outlier, and should be totally ignored.

The facts are that we have just learned that the unemployment rate is now, at 6.1 percent, at the lowest since September 2008, and over the past five months, more than a million jobs have been created, and last month, 288,000 jobs were created, the most in any month since the end of 2008.

So Barack Obama has succeeded in taking us out of the worst conditions of the Great Recession of George W. Bush. Additionally, the economic growth is really taking off, according to economists, the fastest growth in the first half of the year since 1999.

This has occurred despite constant obstructionism and refusal to cooperate of the Republican Party in Congress, and the only reason that wages are not higher, and the middle class and the poor are still in crisis, is due to their refusal to cooperate in creation of infrastructure jobs, raising the minimum wage, and extending unemployment compensation. So private sector jobs have been created in larger numbers than any previous President, but public sector jobs have become victim to the machinations of John Boehner, Mitch McConnell, et al.

But the Republicans are failing to prevent great progress, including the highest stock market finish in history today, and they will pay for this at the midterm election, as the Democrats can now say that the economic policy of Barack Obama is working, and that will motivate more Democrats and Independents to come out and vote in the midterm Congressional elections and the state elections.

If prosperity continues, by the time Barack Obama finishes his Presidency, he might be seen as one of the great Presidents on the issue of revival of the economy, and without a major war, which helped Franklin D. Roosevelt to push us out of the Great Depression after an equivalent six long years!