WASHINGTON, March 3 (UPI) -- Shovels already are hitting the ground in just the two weeks since the $787 billion stimulus package was signed, U.S. President Barack Obama said Tuesday.He promised shovel ready jobs if the Congress rushed through the $787 billion dollar stimulus earlier this year. He promised 400,000 to 3.5 million jobs and that unemployment would not rise above 8%. But as we all know by now absolutely nothing that he promised was real. It was all made up. (see 4:21min video)
Speaking to Transportation Department employees and flanked by Vice President Joe Biden and Transportation Secretary Ray LaHood, Obama said 400,000 jobs of the estimated 3.5 million jobs either created or saved were involved in rebuilding infrastrucuture, updating transit or laying broadband line. –UPI(see source)
Now that he can no longer deny the reality of unemployment as high as 10.2% nor can he deny the made up Congressional districts in which made up jobs appeared, Soetoro admitted that he lied about jobs. No he didn’t say that he lied, and he didn’t admit that he was wrong about everything, he did just the opposite. Soetoro pretended like his economic policies worked but at the same time he's called for a jobs summit.
What does calling for a Jobs Summit mean? It means that Soetoro's economic stimulus failed. It means that his economy stimulus did not create the jobs that he said it would. Calling for a jobs summit is an admission that what he's done didn't work, it is an admission that Soetoro lied.
He’s finally realizing that government cannot produce the jobs that are needed to help the economy grow. Astonishingly, in true Orwellian doublethink and in full knowledge of the fact he is wrongly taking credit for none existent improvements in the economy Soetoro continues his false jobs creation rhetoric while at the same time calling for a jobs summit to create the jobs that his 787 billion stimulus didn't. (see 3:28 min video)
But it’s much more than a jobs summit, it’s an open acknowledgement that the Barry Hussein Soetoro administration’s philosophy that Government is the solution to all of America’s problems is totally wrong. It is also an acknowledgement that this present course in 700 billion dollars in bailouts, 787 billion dollars in stimulus spending, 1 trillion dollars in health care reform and trillions of dollars in global warming cost is unsustainable.
Although president Soetoro will never say straightforwardly that he is wrong about jobs,that he is wrong about the economy and he is wrong about everything that he and Democrat have done up to and including this point, he did acknowledge that the stimulus has not worked and that the government cannot create enough jobs to save this economy.
"The tension we've been seeing is that what is good for the longer term may not work as an immediate short-term stimulus. We're still getting slapped around in the Recovery Act for this.A fix will only come from the private sector. This is exactly what Conservatives and Republicans have been saying all along and as Soetoro now acknowledges true economic recovery is only going to come from the private sector so the 787 billion dollars that Democrats voted to give to themselves was a fraud perpetrated on the American people in the name of jobs creation. All of the promises were lies. (see 1:39min video)
The term 'shovel-ready' -- let's be honest, it doesn't always live up to its billing."—president Barry Hussein Soetoro (see source)
"While I believe that government has a critical role in creating the conditions for economic growth, ultimately, true economic recovery is only going to come from the private sector.
We don't have enough public dollars to fill the hole of private dollars that was created as a consequence of the crisis. It is only when the private sector starts to reinvest again; only when our businesses start hiring again and people start spending again and families start seeing improvement in their own lives again, that we're going to have the kind of economy that we want,"—president Barry Hussein Soetoro
You see the 787 billion dollar stimulus was never about saving or creating jobs,if it was it was a miserable failure. It was so bad that president Soetoro had to call for a Jobs Summit.
The Jobs Summit is proof that the Congress and the president were derelict in their duties and they defrauded the American people. Something to think about for the 2010 and 2012 elections.