Now that President Barack Hussein Obama (Peace be upon him during Ramadan) has gotten that pesky Debt Ceiling Thingy out of the way, and has partied down in celebration of his 50th birthday, doing what he loves best: taking other people’s money(fundraising), he has announced that he will turn his legendary laser-like focus to America’s Job Situation…again.

According to Obama, Americans “want us to get this economy growing and adding jobs”.

Gee, Scooter…ya think?

Y’know, I had a Frampton Comes Alive album that used to repeat itself like that…

Fox News reports that:

Since January 2010, the unemployment rate has averaged about 9.4 percent. On average, the economy is creating about 94,000 jobs per month — well below the at least 125,000 needed to keep pace with population growth. Not only is the jobless rate on the upswing, but those out of work are staying out of work longer. The jobless typically are out of work for nearly 40 weeks, which is 30 percent longer than in January 2010.

Neither the Republicans nor the Democrats have had much success, and have no more ideas on how to fix the Job Situation, than they had on how to cut the deficit.

Senate Republican Leader Mitch “Grandpa” McConnell has a brilliant idea:

Quit borrowing. Quit spending. Quit trying to raise taxes. Quit over-regulating and let the private sector flourish.

What an original idea…

Repuplicans say that the key to their Jobs message is certainty.  According to Washington policies fuel the “uncertainty” in the private sector and keep businesses from hiring.  Sen. Lamar Alexander, R-Tenn., chimed in, saying that Obama has “made it worse.”

Republicans, trying to emulate the Tea Party Movement, have sounded the alarm.  They are emphasizing  reining in government, tackling spending, lowering tax rates, stripping regulations and whittling away at the federal health care overhaul to whatever extent they can  (repeal and replace, you RINOs!).  Also, yesterday, they called for more domestic oil production.

Per academic pinhead,Harry Holzer, a Georgetown University professor and Urban Institute fellow who used to work as a Labor Department economist, Obama and his administration are economic geniuses.

Holzer insists that the stimulus may be possible for keeping the jobless rate from rising even higher, though it is impossible to know. He also said the enormity of the economic crisis has made any government response tantamount to “spitting into the wind.”

TRANSLATION:  It’s not Obama’s fault!!!!

When you have this kind of recession caused by the collapse of a financial bubble, it’s always hard to recover from it.

According to the Harvard professor, the nation’s debt limits how much the U.S. government can spend on recovery, while the uncertainty in Europe and recurring “antics” in Washington make for a tentative business climate.

Democrats have joined in the IT’S NOT MY FAULT!!! chorus:

Senate Majority Leader Dinghy Harry Reid feebly explained:

If their [Republicans’] theory was right, the huge taxes that took place during the Bush eight years — the economy should be thriving.  These tax cuts have not helped the economy.

Well, you idiot, they sure as all-get-out haven’t hurt it!

According to the rocket scientist in the White House, economic growth

…isn’t just about cutting spending. It’s not about rolling back regulations that protect our air and our water and keep our people safe. That’s not how we’re going to get past this recession.

The afore-mentioned economic genius wants his minions in Congress to implemented several previously discarded proposals, ranging from patent reform to new trade deals to what he describes as an “infrastructure bank” aimed at helping private companies repair U.S. roads and bridges and airports — an idea that the academic pinhead from Harvard, Holzer, proclaimed a “winner.”

Obama said yesterday, that:

We have workers who need jobs and a country that needs rebuilding. An infrastructure bank would help us put them together.

Obama also ured Congress to extend Unemployment Benefits.

House Democratic Whip Steny Hoyer, D-Md., chimed in, hawking clean-energy investment as well as currency reform to bring countries like China back on a level playing field with other trading partners.

He must have stock in General Electric.

Congress is on Summer Recess and will not return to plague us until September.

Thank you, Lord.

Yahoo News reports that:

US debt shot up $238 billion to reach 100 percent of gross domestic project after the government’s debt ceiling was lifted, Treasury figures showed Wednesday.

Treasury borrowing jumped Tuesday, the data showed, immediately after President Barack Obama signed into law an increase in the debt ceiling as the country’s spending commitments reached a breaking point and it threatened to default on its debt.

The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium.

Public debt subject to the official debt limit — a slightly tighter definition — was $14.53 trillion as of the end of Tuesday, rising from the previous official cap of $14.29 trillion a day earlier.

If Obama, his administration, and the Clown College known as the United States Congress “help us” anymore, we won’t have a country left.