Today in Washington, D.C. - Jan. 27, 2011: Congress is not in session today. Yesterday, Senate Democrats voted 44-52 to block H.J. Res. 98, the resolution of disapproval of President Obama’s latest debt ceiling increase, thereby allowing the debt ceiling increase to stand.
On Monday, at 5:30 p.m., the Senate is scheduled to vote on cloture on the motion to proceed to S. 2083, the STOCK Act, which would prohibit Members of Congress from using nonpublic insider information for trading or personal gain.
At a press conference on Wednesday, Sen. Chuck Schumer (D-NY), a key member of Senate Democrats’ leadership, took to the podium to criticize something Gov. Mitch Daniels (R-IN) said in his Republican Address the night before. Oh Really, we should believe New York liberal who has helped to ruin our economy.
The issue surrounded Gov. Daniels comment, “On these evenings, Presidents naturally seek to find the sunny side of our national condition. But when President Obama claims that the state of our union is anything but grave, he must know in his heart that this is not true.”
In response, Schumer said, “The Republican speaker last night, Mitch Daniels, talked about Americans must talk about the state of the union as grave. So, we think we are in great shape. We are in good shape.”
Schumer and the other Senate Democrats think “we are in great shape”?
Currently, over 13 million Americans are unemployed. There are fewer jobs in America than when President Obama took office in 2009, and the unemployment rate is still more than 8%. And Sen. Schumer thinks “we are in great shape”?
Yesterday, the AP reported, “Fewer people bought new homes in December. The decline made 2011 the worst year for new -homes sales on records dating back nearly half a century. The Commerce Department said Thursday new-home sales fell 2.2 percent last month to a seasonally adjusted annual pace of 307,000. The pace is less than half the 700,000 that economists say must be sold in a healthy economy. About 302,000 new homes were sold last year. That's less than the 323,000 sold in 2010, making last year's sales the worst on records dating back to 1963. And it coincides with a report last week that said 2011 was the weakest year for single-family home construction on record.” In December, Standard & Poor’s announced, “The Fourth Quarter Starts with Broad-based Declines in Home Prices”. And there have been 7.7 million foreclosure filings since President Obama took office. But Sen. Schumer thinks “we are in great shape”?
Today, National Journal writes, “Real Gross Domestic Product rose by just 1.7 percent in 2011, the Commerce Department reported on Friday. That's not great news for President Obama, who oversaw 3 percent GDP growth in 2010 and cannot use the latest GDP data to support a narrative of economic turnaround.” The AP notes, “The Commerce Department said Friday that the economy grew just 1.7 percent last year, roughly half of the growth in 2010 and the worst since the recession.” And University of Pennsylvania economist Justin Wolfers tells The New York Times, “At this rate, we’ll never reduce unemployment. . . . The recovery has been postponed, again.” But Sen. Schumer says “we are in great shape”?
Unfortunately, Schumer appears to have sold his soul to grievously lie about the actual state of the current economy and the present Obama legacy. Chuck Schumer is far more qualified to be president than the present White House incumbent and is a whole lot smarter than Senator Harry Reid. To summarize this fact, Schumer received a perfect score on his SAT in High School. He attended Harvard and completed both his undergraduate degree nd his law degree, passed the bar an ran for office and winning by the age of 23. Schumer was the youngest person ever elected to the NY State Assembly. he has been in elected office the majority of his life and has never lost an election. In 2010 Schumer easily won another 6 years. And unlike President Obama, we can confirm Schumer's academic, employment and residency records.
If we had Sen.Chuck Schumer and Gov. Mitch Daniels in the same room, we would find that we have two very very intellectually smart people. Fortunately, one is willing to speak the truth to his audience about the America's economic situation and to share his opinion, not dictates, on what must be done to restore our economy. However, the other does the opposite. Has Schumer become such an extreme liberal elitist that he joins the like of Nancy Pelosi and Harry Reid in attacking the truth.
Schumer must know that America's future is more uncertain under the current president. As Sen.Mitch McConnell said Tuesday, “A better approach is to admit that [President Obama’s] three-year experiment in big-government has made our economy worse and our nation’s future more uncertain. And that it’s time for a different approach. That’s the message Americans delivered to the President in November 2010. They’re still waiting. . . .”
Tags: Chuck Schumer, Mitch Daniels, the economy, Washington, D.C., Congress To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
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