Austan Goolsbee Obama chief economic adviser leaving, Unemployment rate above 9 percent, Orwellian spin continues

Austan Goolsbee Obama chief economic adviser leaving, Unemployment rate above 9 percent, Orwellian spin continues

“Winston dialed “back numbers” on the telescreen and called
for the appropriate issues of the Times, which slid out of
the pneumatic tube after only a few minutes’ delay.  The
messages he had received referred to articles or news items
which for one reason or another it was thought necessary to
alter, or, as the official phrase had it, to rectify.  For
example, it appeared from the Times of the seventeenth of
March that Big Brother, in his speech of the previous day,
had predicted that the South Indian front would remain quiet
but that a Eurasian offensive would shortly be launched in
North Africa.  As it happened, the Eurasian Higher Command
had launched its offensive in South India and left North
Africa alone.  It was therefore necessary to rewrite a
paragraph of Big Brother’s speech in such a way as to make
him predict the thing that had actually happened.”…George Orwell, “1984”

“As soon as all the corrections which happened to be necessary in any partiucular number of the Times had been assembled and collated, that number would be reprinted, the original copy destroyed, and the corrected copy placed on the files in it’s stead. This process of continuation alteration was applied not only to newspapers, but to books, periodicals, pamphlets, posters, leaflets, films, sound tracks, cartoons, photographs–to every kind of literature or documentation which might conceivably hold any political or ideological significance. Day by day and almost minute by minute the past was brought up to date. In this way every prediction made by the Party could be shown by documentary evidence to be correct; nor was any item of news, or expression of opinion, which conflicted with the needs of the moment, ever allowed to be on record.”…George Orwell, “1984″
“the Times of the nineteenth of December had published the official forecasts of the output of various classes of consumption goods in the fourth quarter of 1983, which was also the sixth quarter of the Ninth Three-Year Plan. Today’s issue contained a statement of the actual output, from which it appeared that the forecasts were in every instance grossly wrong. Winston’s job was to rectify the original figures by making them agree with the later ones.”…George Orwell, “1984”

Most of the key economic indicators have worsened recently, the unemployment rate is back over 9 percent and there is increasing mention of the spectre of a depression.

From the Chicago Tribune June 6, 2011.

“Top Obama economic adviser, Austan Goolsbee, will quit to return to University of Chicago”

“Austan Goolsbee, President Barack Obama’s chief economic adviser, is leaving the administration and returning to the University of Chicago Booth School of Business to teach.

The announcement from the White House late Monday comes at a time when the U.S. unemployment rate is back above 9 percent, speculation is growing that the nation may be at risk of dipping back into a recession and amid intense political debate over whether to extend the nation’s debt ceiling,

Goolsbee began advising Obama before his election as president and has become the administration’s chief public spokesman on the economy. He has headed the White House Council of Economic Advisers for the past nine months. On ABC’s “This Week” program Sunday, Goolsbee emphasized that the administration had made progress on employment since the depths of the Great Recession and said “don’t make too much of any one jobs report.”

May’s unemployment rate, released last week, climbed to 9.1 percent. The stock market has been sliding recently on concerns about a slowing economy in the U.S. and globally.

Obama said in a statement, “Since I first ran for the U.S. Senate, Austan has been a close friend and one of my most trusted advisers. Over the past several years, he has helped steer our country out of the worst economic crisis since the Great Depression.””

Read more:

http://www.chicagotribune.com/business/breaking/chi-goolsbee-quits-20110606,0,7903522.story

About these ads

8 responses to “Austan Goolsbee Obama chief economic adviser leaving, Unemployment rate above 9 percent, Orwellian spin continues

  1. CW,
    Do you think that anyone has seen through the game. Another liberal economic nut ‘quits’ his job to go back to teaching, because the economy isn’t better. This is nothing more than a manager firing his advisors because he made a horrible decision, based upon his beliefs and their recommendations. Sadly, it’s not like these ‘economic advisors’ get held accountable for poor decision making process and economic policies. No, they get to go back to their ‘teaching jobs’ so they can tell students how great they are and how it was all somebody else’s fault.

    From a small business perspective the problems are easy to see. Foremost, you have a bunch of idiots making the hiring of new employees and economic growth very risky. Obamacare, new regulations, unable to get loans and credit, inflation of goods costs, and bear marketplace all conspire to strike fear into employers. Second, customers are AFRAID. About 1/3 of americans see the Constitution (and rule of law) evaporating before their eyes for the first time in history, and they fear for the future. About 1/3 of Customers are oblivious to the politics, but have no jobs or real income and are underwater on their houses. About 1/3 are starting to believe that the government could default on SS and Medicare/Caid, as well as other entitlements which they are dependent upon. These factors lead to a loss of Consumer Confidence, and fewer and fewer exchanges, jobs, and tax revenue. By the way, even IF you succeed now, and make more than 250k in a year, create jobs, and help your local community, you will be saddled with 71% income tax next year. REALLY! 71%, you might as well make less and smell the roses, send some of your employees home.

    What I’m trying to say, while out in the trenches of the small business world, is that Jimmy Carter II on Steroids, Barack Obama (or whatever his/her name is) is bad for small business. Small Business is the engine that runs the American Economy, and it hurting. The government bailouts…..none was targeted to growth of small business or small industry. The new regs and obamacare attack all industry , but are especially hard for small business to cope with because of limited resources.

    Ronald Reagan understood america and small business contribution. His economics weren’t trickle down as much as they were designed to help the middle class businessman, the Job creator, to succeed. Obama economics are pumping trillions to the Bankers and the GM/GE of the world, which is truly a trickle down economics. Worse yet, that money just ends up overseas in the ‘global economy’ with job creation elsewhere.

    Obama’s economics have struck at the heart of America by removing MIDDLE CLASS JOBS and therefore, the middle class. The liberals, whom pride themselves supposedly helping the poor and middle class, are hypocrites, as their policies actually make it worse for these people by depriving them of needed small business jobs and manufacturing. While people will start to get used to the ‘new economy’ of 8-12% unemployement, the government is going to run out of ‘other peoples money’ soon, and the other shoe is going to drop.

    What I written above I believe with my very core, and since it is critical of Obama and his Fascist/Elitist policies, I suppose that makes me a racist. I have sensed an increase in attacks from the left wing nuts as the reality falls upon them that the ‘annointed one’ and his cronies are a lot of hot air and not of true real life tested ideas. Just like socialism I might add, lots of ‘utopia promised’ followed by lots of misery and failure.

    Keyensian ecomomics doesn’t work when you don’t have a base of production and small business. Keyensian economics doesn’t work when the Government is not a moderator, but becomes the unchecked new predator (competing for business resources) in a delicate system of customer and business. The ‘brilliant’ economists that have ‘quit’ the Obama economic team obviously not as smart as they thought they were….perhaps we should call Obama’s Economics the ‘Audacity of Arrogance with Ignorance implemented with Inexperience’.

    Sorry, done ranting for the morning, I gotta go back to work to try to keep my employees with jobs and pay for other peoples mortages.

    Pete

  2. Pete,

    Our family has owned a business for almost 40 years. I started paying the bills for the business about 7 years ago and I was alarmed to learn the cost to run a business.

    OUR SMALL BUSINESSES PAYS:
    FEDERAL INCOME TAX
    STATE INCOME TAX
    FEDERAL UNEMPLOYMENT TAX
    STATE UNEMPLOYMENT TAX
    7% SOCIAL SECURITY TAX FOR EMPLOYEES
    (this is in addition to the 7% the employee gives the government)
    PROPERTY TAX
    PERSONAL PROPERTY TAX
    UTILITY TAXES ON GAS, ELECTRIC, AND PHONE
    GASOLINE TAX
    SALES TAX TO THE STATE FOR EVERYTHING WE SELL
    APROXIMATELY 7% SALES TAX ON EVERYTHING WE BUY

    PLUS WE PAY
    MEDICAL INSURANCE
    AUTO INSURANCE
    PROPERTY INSURANCE
    LIABILITY INSURANCE
    WORKMAN’S COMP
    VARIOUS LICENSES AND PERMITS
    I’m sure I’ve forgotten a few things.

    THE GOVERNMENT GETS MORE OF OUR MONEY THAN WE DO!

    It’s easy to see why some businesses hire undocumented workers to avoid the tax burden. Or worse yet they just pick up stakes and move out of the country.

    And now obamacare will tax us more? Our government’s over taxation and interference has caused small businesses to be reluctant to hire more employees. Under the Obama regime we’ll see businesses leaving the country droves. It is no wonder that our country’s economy is on a downward spiral.

  3. Eligibility aside, we have the worst administration ever to be elected to the WH destroy our economy. The bottom of the barrel is running the show.
    Reminds me of Red China during the cultural revolution.

  4. Subpoenas are coming in probe of Dept. of Justice gun-tracking program

    The chairman of the House Oversight Committee will use the power of the subpoena to learn if a federal gun-tracking program contributed to the killing of a Border Patrol agent.

    Rep. Darrell Issa (R-Calif.) is planning to issue a number of subpoenas to federal officials with ties to the controversial program, which was run by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF).
    READ MORE…….

    http://thehill.com/homenews/house/165031-subpoenas-are-coming-in-probe-of-gun-tracking-program

  5. Pete, you have set the tone in the comment section of this thread in a very good, true way. Jonah and Pat 1789, likewise.

    For those of us who understand something of history and attempts to destroy free economies, it is no surprise that the hope and change which Soetoro promised are nothing more than socialistic ploys to overthrow the U.S. free market system. The middle class is the worst enemy of a dictatorship and is, therefore, the main focus of attack that we see being carried out now.

    It is all very depressing, but we must not give up.

  6. Good riddance to Goolsbee, but isn’t it awful to see him back in higher education indoctrinating young people in this trash? No wonder we find this type of thinking entrenched in so many who are coming out of our universities. Like begets like.

  7. You should check out this newsy.com video about how the economy and the unemployment rate will effect Obama’s chances for reelection in 2012. If you think it’s good you should consider embedding it with this post.
    Here’s the video:http://www.newsy.com/videos/high-unemployment-rates-spur-2012-speculation/
    It uses multiple news sources to combine a fair picture of what the media is saying about this issue.

  8. citizenwells

    Comment
    Submitted on 2011/06/07 at 1:35 pm

    I approved this comment even though it has all the hallmarks of spam.
    I am sending an email to Chelsea McGartland to let her know that quoting multiple news sources in today’s Orwellian environment
    is hardly fair or accurate especially when they are ABC,CNN,CBS and The New York Times.
    One of the reasons I have spent so much time researching and reporting on the Rezko, Blagojevich & Obama Chicago corruption
    ties is because the media has not done their job.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s