Monday, November 12, 2012

Surprise! Another Surprise!

The USDA released the figures for food stamp enrollment 9 days late until after the election. Almost 500,000 people went on food stamps last month, more than twice as many as got jobs.

I think this post should be expanded as we get more 'surprises' from the most open administration in history. The Petraeus resignation and the Iranian attack on our drone are obvious examples.

Update: Investor's Business Daily has an editorial cataloging the 'surprises' we have since the election. Average hourly earnings down by 2%, poverty up by 800,000 in a revision of the pre-election report, Food stamps being used by 15% of the population compared to just 7% a decade ago, 353 coal plants to close as a result of Obama environmental regulations, inflation up to 2.2% and thousands of small banks to be killed by Dodd-Frank.

The BLS jobs numbers are so out of sorts that many economists are claiming they can't be used for projections.

He is also taking 1.6 million acres out of oil shale extraction--wonder what effect that would have had in Colorado had the voters had known?

There are also the surprises written into law. President Obama asked sarcastically during the debates why Mitt Romney was not telling everyone the details of his plan now instead of waiting till after the election. He said, if I recall correctly, "If the details are so wonderful then why is he waiting?" The same could be said of the President's policies, though, no?

What about Obama care going into effect after the election. If it is so wonderful why not implement it now? Could we not stand to be so happy? Or would it be a bit too obvious that 'nothing in this bill says you can't keep your doctor' does not mean you won't be forced to change your doctor.

Dodd Frank regulations don't take effect till after the election (though this appears to be in part because the regulations are so complicated that they haven't been written yet--a whole other area of complaint).

"Tell Vladimir I'll have more flexibility after the election"

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