Monday, February 10, 2014
It isn't the cold winter
The reason du jour for those “unexpectedly” lousy economic reports is the cold winter. We say “unexpectedly” because the press invested in the success of the Obama administration that whenever the reports are bad, and they have been ever since Obama took over, the bad news is always “unexpected.”
Well, the reports have been bad in good weather and bad, so a cold winter may be the latest excuse but is certainly not the real reason.
Do you want to know the real reason the economy hobbles along like a three legged mule? That’s because the economy is being run by people who think that ti’s a good thing that ObamaCare is giving over 2 million people an incentive to stop working and live on the dole.
And that it’s a good thing that the government is enacting jobs destroying regulations to solve the non-existing problem of global warming.
The surprise is that the economy is still struggling at all instead of rolling over and dying.