As Unemployment Tops 10%, Obama Offers Same Old, Tired “Reassurances”

Hours after the national unemployment rate was announced to be at 10.2% today, President Obama trotted out to the White House Rose Garden to repeat the same old, tired remarks which he says after every new hike in the unemployment rate, “…my entire administration is spending every minute of the day working on fixing our economy and creating jobs for everyone that wants to work….”

If this statement were even the slightest bit true, I mean every one in the administration working day and night for almost a year wouldn’t you expect to see a dip in unemployment? a more positive trend line? But of course, the President is not spending every waking moment focused on the creating jobs for the economy and any casual observance of his daily schedule would confirm that.

As millions more Americans head for the unemployment line month after month President Obama has been focused on passing job killing legislation like “Cap and Trade” and “Health Care Reform”, or fund raising for fellow Democrats, or traveling to Copenhagen to try and secure an Olympic bid, or taking his wife on a very expensive trip to New York for dinner and a play, and so on.

The fundamental reason why President Obama’s formula for creating jobs will not be effective is that he believes that government is responsible for creating jobs. Therein lies the problem. If President Obama were to acknowledge that small businesses in the private sector are the primary engine of job creation and implement tax policy and other incentives to encourage job creation he wouldn’t have to trot out the same old, tired lines every month as unemployment goes up.