WND 12.10.2012
PALM BEACH, Fla. – Barack Obama is in a perfect position right now to do “maximum damage” to the U.S. economy, according to radio giant Rush Limbaugh, who believes the president has no intention of improving the financial state of the nation. “He’s at maximum damage potential right now, max damage. He can inflict the greatest damage possible for the purpose of transforming the country from capitalism to Western European socialism,” Limbaugh said Monday afternoon.
“The real irony is, unemployment benefits are ending because unemployment rates are falling. It’s the way the law was written,” said Limbaugh. “States with jobless rates below 9 percent are losing their extended benefits. It was originally written, and this made perfect sense, that the unemployment compensation extensions would end as the employment situation improved. Well, statistically, the unemployment situation is improving. The unemployment rate nationally, 7.7 percent, down from 8.3, down from 8.2, down from 8.1, down from 7.9.”
But while on paper it may seem the employment picture is showing improvement, Limbaugh noted, “you and I both know that the job situation is really not improving, but reality doesn’t matter. Perception is what matters here. The perception is it’s getting better.”
The AP reported that “since the collapse of the economy in 2008, the government has poured $520 billion – an amount equal
Much more on this story here
