"Just a few minor things to catch up on for the weekend now that the Fundraiser-in-Chief has gone on another vacation (Don't worry though. White House chef Sam Kass went along, so the first family need not eat ordinary human food.)
-- The Congressional Budget Office says the 2010 federal deficit will be in excess of $1.3 trillion, as in $1,000,000,000,000+. (BTW, the next level we'll be talking about out of Washington is quadrillion, which has fifteen 0's.)
-- Despite Vice President Joe Biden's April boast that administration stimulus spending would spur the economy to add a half-million jobs a month by now, initial unemployment claims jumped a half-million last week, the worst since last November, as national unemployment remains at 9.5% and the economy sheds 131,000 more jobs.
-- But the economy's going great at the Democratic National Committee, which reports collecting $11.5 million from donors in July on top of the $53.8 million already taken in from various sources this year. The president just devoted three workdays across five states to rake in several more millions for his party.
...secluded estate on Martha's Vineyard, Obama devoted four minutes in the White House driveway to a special statement on the latest disappointing jobs numbers. (Full text, as usual, can be read on the jump, along with a brief reaction from the Republican National Committee chairman.)
No questions allowed because the president didn't want to explain why despite the administration's announced Recovery Summer Program, the jobs numbers have started going backward again after 19 months of promises and $787 billion in alleged stimulation spending. Because, faced with the uncertainty of the economy and the certainty of new taxes after Nov. 2, employers are holding back on hiring
According to the president, he's been "adamant" with Congress for months now about a new jobs bill to help small businesses. Obama says this really good bill is stalled in the Senate, where so much administration legislation has been crammed through so effectively by Majority Leader Harry Reid.
So, facing the growing grim possibility of a GOP surge on Nov. 2, is this maybe the start of buddy-bickering within the Democratic huddle? Vulnerable people pointing the proverbial political finger of blame at someone else? That's ridiculous, of course."
Ben Smith reported on Thursday that at least one Democrat strategist is strongly recommending that incumbent Democrats back away from the health care bill that they pushed so hard for.
A confidential PowerPoint presentation has been leaked on-line. The presentation warns "Many don't believe health care reform will help the economy". and counsels against making claims that "the law will reduce cost and [the] deficit."
On their web site, conservitive Think Tank Heritage Foundation is equating this to a Democrat call to "...abandon ship on claims that lawmakers made for months during the health reform debate--that the legislation would in any way reduce the nation's deficit or lower heal care costs..."
If public opinion continues to decline for the Democrats, I fully expect Princess Pelosi to find some way to claim that the health care bill was Bush's fault.