Obama’s “New Normal” is Unacceptable: High

Unemployment, Job-Killing Policies A look at how Obama’s liberal policies will hurt America.
UNACCEPTABLE FOR WHITE HOUSE TO ALLOW HIGH JOBLESS RATE TO BE ‘NEW NORMAL’  With unemployment at 9.9%, Obama’s Economic team is waving

the white flag on job growth:
Economic Adviser Larry Summers “predicts perpetually high unemployment.”  Treasury Secretary Timothy Geithner said, “The unemployment rate is still terribly high, and it’s going to stay unacceptably high for a long period of time.”  Economic Adviser Christina Romer said that current economic growth is “not enough to get a lot of job growth.”  Economic Recovery Board Chair Paul Volcker said, “Unemployment will be too high for far too long.”

UNACCEPTABLE TO PUSH JOB-KILLING POLICIES THAT MAKE AMERICA LOOK MORE LIKE EUROPE

 Following in Spain’s footsteps:
 Spain’s energy plan destroyed 2.2 jobs for every so-called “green job” created and led to 20% unemployment.  Obama’s “Cap-and-Trade” National Energy Tax could lead to nearly 1 million jobs lost per year.

Pushing a European-style tax:
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A Value Added Tax (VAT) would fall “heavily on the poor.” Economists say instituting VAT to pay for binge spending would “discourage economic growth” and could kill jobs.

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