Politico reports:
The approval process for the Keystone XL pipeline has been delayed by Republicans playing “political games,” Treasury Secretary Jack Lew says.
Lew said that the economy is “strong” and more resilient after 40 months of growth but the economic recovery is not fast enough, which led Chris Wallace on “Fox News Sunday” to ask whether approving the pipeline would help speed up job growth.
“If you’re so interested in creating more jobs, why not approve the Keystone pipeline, which will create tens of thousands of jobs?” Wallace asked of the pipeline under review.
“There were some political games that were played, that took it off the trail and path to completion, where Republicans put it out there as something that was put on a timetable that it could not be resolved. It caused a delay,” Lew said. “Playing political games with something like this was a mistake.”
If George Bush’s recovery was jobless at 7.5%? Not a recovery.
If the President has years of data establishing that the pipeline’s route is appropriate and the line is mutually beneficial to our nation and our closest friend on the whole dang planet, but the president withholds the only signature needed to get things going, how do you blame that on anyone except the president?
As the first comment notes, by lying.
THERE IS NO GROWTH!!!
Good grief the real unemployment figures are 22% and climbing. link
Of course it matter WHO you are talking about.
International Monetary Fund Report on the World Economy: Convergence, Interdependence, and Divergence
The Real Numbers: Half of America in Poverty — and It’s Creeping Upward
The Uncomfortable Truth About American Wages
New Manufacturing Job Losses Reveal Folly of Obama’s Feel-Good China Summit
But that’s OK the US is pursuing secret trade talks…
The Trans-Pacific Partnership Free Trade Agreement: a massive new international trade pact being pushed by the U.S. government at the behest of transnational corporations.
Corporate CEOs are in on the secret negotiations but not members of Congress. Comments by our Congress Critters are anything but nice link
John Williams of ShadowStats has a lot to say about the US economy.
September 2006 Income Variance Data Signal Economic Troubles Ahead and Household Income Numbers Suggest GDP Fraud (He isn’t shy about calling a spade a spade either)
Good old Bill Clinton and others mucked up the economic statistics so the government could lie to the people of the USA.
… the quality of government reporting has deteriorated sharply in the last couple of decades. Reporting problems have included methodological changes to economic reporting that have pushed headline economic and inflation results out of the realm of real-world or common experience.
For example:
link – “…Up until the Clinton administration, a discouraged worker was one who was willing, able and ready to work but had given up looking because there were no jobs to be had. The Clinton administration dismissed to the non-reporting netherworld about five million discouraged workers who had been so categorized for more than a year…:
Revision and Seasonal-Adjustment Games Help Obfuscate Employment Reality
Consumer Price Index: “GOVERNMENT ECONOMIC REPORTS: THINGS YOU’VE SUSPECTED BUT WERE AFRAID TO ASK!”
DEPRESSION SPECIAL REPORT
More recently
Consumer inflation is running about 10%
Alternate Inflation Charts
Money Supply M2 as a Leading Economic Indicator
And two years later the economy tanks….
The trouble with the so-called growth is that it was first driven by deficit spending to the tune of $4+ TRILLION during the President’s first term and is now being driven by QE. There hasn’t been any real growth which is why 80% of all Americans are on food stamps and out of work.
LIAR.