Obama doesn’t get it, the book says, The Escape Artists: How Obama’s Team Fumbled the Recovery. Obama said, “I don’t get it. We make these large-scale investments in infrastructure. What do you mean, there are no jobs?” Now, Pethokoukis writes, “Now let’s fast forward to this past September: ‘A $38.6 billion loan guarantee program that the Obama administration promised would create or save 65,000 jobs has created just a few thousand jobs two years after it began, government records show. The program — designed to jump-start the nation’s clean technology industry by giving energy companies access to low-cost, government-backed loans — has directly created 3,545 new, permanent jobs after giving out almost half the allocated amount, according to Energy Department tallies.'”
So after $19 billion, 3,500 jobs in the energy sector have been created. “So where are the new jobs coming from, at least the good-paying ones?” Are you ready? Folks, are you sitting down? “From the industry Obama wants to replace as much as possible with ‘clean’ energy: oil and gas. A new report from the World Economic Forum,” Davos, where all the libs go to worship. The World Economic Forum. It is the liberal economic Mecca. Every February. The World Economic Forum “estimates the sectors ‘added approximately 150,000 jobs in 2011, 9% of all jobs created in the United States that year.'”
An industry Obama is trying to shut down accounted for 9% of all jobs Obama created, and not a one of those 150,000, is from any stimulus. Ladies and gentlemen, the truth is that we are in the midst of a full-blown disaster. We’re in the midst of a full-blown, incompetent, ill-informed, mal-educated administration that has created an utter disaster. We’re living right in the middle of it: A disaster created by an arrogant ignorance by all in the Obama regime. Now, these numbers: 150,000 jobs in the oil and gas sector, while Obama’s trying to shut it down or while Obama’s trying to gin up all these jobs in the green sector? Green: 3500 jobs. Oil and gas: 150,000 jobs. “Those numbers are even more impressive once you realize that some 40% of all new jobs are being added in low-pay sectors such as retailing and leisure. So nearly 20% of new ‘good jobs’ are in oil and gas,” and now I want you to think about the Keystone pipeline and then think about all the lost jobs there due to Obama’s moratorium on drilling in the Gulf.
We elected a disaster, and we are living in the middle of one.
Manmade, pure, unadulterated disaster by the name of “Baraka Obama.”Continue reading on www.rushlimbaugh.com