Ross Kaminsky: Obama Jobs Math Doesn’t Add Up

"Barack Obama’s job speech was a paean to free enterprise given with fingers crossed behind his back; for all his talk about real and sustainable job creation coming from the private sector, almost every proposal he offered was more of the same bitter medicine the American public has been fed for the past year. He says small business must create jobs, then argues to divert billions of taxpayer dollars for his 'clean energy' pipe dream. He blames George W. Bush and Republicans in Congress for fiscal irresponsibility while putting in place budget plans which are likely to triple our national debt in the next decade by doubling real welfare spending and by 'government spending a peacetime-record 26% of GDP' this year with little relief in sight thereafter. (And that is without spending for Obamacare.)

"Hours after the president’s speech, Rasmussen Reports released the results of a new poll showing 58% of likely voters opposed to giving bailout money to states, 56% opposing a second stimulus, 53% believing the economy will be helped more by actions of the private sector than of government, and 59% believing that increased government spending will hurt the economy."