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Obama Warns: Don't "Talk Down" Economy

BEGIN TRANSCRIPT

RUSH: He's out in Virginia. And he's telling this lie that Romney doesn't know that there's a tax break for outsourcing jobs. There isn't. But even if there were, Obama has been president for four years. Why hasn't he fixed it?

He had a Democrat Congress for two years. And I'm watching the mind-numbed robots sitting behind Obama at his campaign appearance in Fairfax, and there's this white-haired seasoned citizen smiling big time, and I'm thinking, "You're the biggest idiot I've seen today, lady! There is nothing to laugh about; there's nothing to smile about. You're sitting there behind a guy that's a pathological liar telling all this bohunk about Romney."

Okay, let's just assume that there is a tax break for outsourcing and that Romney doesn't know about it. There isn't, and Obama is continuing with the lie that Romney wants to cut taxes for the rich to the tune of $5 trillion. He's back to that. How many times in the debate did Romney deny it? Three times! So, that doesn't matter. Anyway, if there's a tax break for outsourcing jobs, then why the hell haven't you done anything about it?

You've been president for four years, you little Alinskyite!

What do you mean, sitting there complaining about things like you haven't had anything to do with anything for the last four years? And you can extrapolate that to virtually everything that he's complaining about. When he's complaining about jobs or he's complaining about whatever, say, "Well, you've been president for four years! What the hell?" He gets away with it, though. Grab audio sound bite number 27. Here is Obama. He's at a George Mason University campaign rally, warning us not to "talk down the economy."

OBAMA: Today's news certainly is not an excuse to try to talk down the economy to score a few political points. It's a reminder that this country has come too far to turn back now.

FOLLOWERS: (cheer)

OBAMA: Because of your strength and resilience, the strength and resilience of the American people, we've made too much progress to return to the policies that led to the crisis in the first place. I can't allow that to happen, I won't allow that to happen, and that is why I'm running for a second term as president of the United States.

FOLLOWERS: (cheer)

RUSH: Right on. Right on. Right on. "Today's news certainly is not an excuse to try to talk down the economy to score a few political points." (impression) "So, I want everybody to go ahead and promote the lie that my government put out today, that unemployment fell to 7.8%. Don't talk it down! Recovery's too important." What crisis? "[W]e've made too much progress to return to the policies that led to the crisis in the first place"?

He's been president for four years!

He's the crisis!

(Sigh) Ah, folks, I'm blue in the face. I don't want to dispirit you but some of you are gonna have to admit here (or at least if not admit, some are gonna have to acknowledge)... Do you how many people believe what their government tells them? This is not Obama. Obama did not come out and announce an unemployment rate of 7.8%. The government did. Do you know how many Americans think the government doesn't lie to them?

The government... In other words, I can sit here -- and all my brethren on the radio and Fox -- and we can explain how this 7.8% number is bogus and fraudulent for the whole weekend. There aren't enough of us to compete with it. We might like to tell ourselves, "Well, Rush, most people aren't gonna believe it because they're not living it. Nobody's getting a new job. If they do, it's a part-time job.

"There isn't any real creation out there and everybody knows it." Folks, remember when they were telling us there was a recession when there wasn't one -- in 2006, 2005 -- when trying to crucify George W. Bush? We had unemployment at 4.7, 4.8%. We'd recovered; we had a gangbuster economy going on. The media said, "There's a recession out there. People are hurting. People are suffering. Gas prices are going up."

People said, "I'm doing fine. I don't understand."

"Yeah, well, you don't travel to every neighborhood in your city, but there are some people hurting."

"Oh, really?"

"Yeah."

"Okay."

They convinced people that even though their lives were fine, there were millions suffering. Well, if they can do it then, they can do it now. If a majority of people are not experiencing rabid economic recovery and rabid job growth and are inclined not to believe that the unemployment news is good and it's gone down to 7.8%, the media is gonna be out there every day telling them it's getting better.

"Oh, well, maybe it isn't for me yet but I'm glad it is for other people." This is a Herculean task. People believe the government. It's another problem we face. They're the architect, government is the architect of most of the problems we've got. They come out and create a program to "fix" a problem. In the process, they make the problem worse. And the same people who created the problem and the recipe then come and say:

"You know what? We need a program to fix this," and nobody ever says, "You broke it!" People just say, "Yeah, we need a new program to fix it," to the point that Republicans offer new entitlements, like Medicare Part Z or whatever the hell it was. I don't know. So it's a Herculean task (or a "Herculian" task, if you're in Rio Linda). That's why it falls to me. Another 114,000 jobs a month. Does that sound good to you, Snerdley?

(interruption)

Why not? It's a lot, 114,000!

You know what? That was when we were in a solid, steady, upbeat economy in 1962. That's the number of jobs that were created. Now, you might say, "Well, Rush, '62, that's a long time ago." That's precisely the point! We're supposed to be at between 400,000 and 500,000 jobs a month just to start making progress on replacing the jobs lost since Obama took office. This 114,000 a month doesn't even keep up with college graduates or people being born who are gonna want a job in 18 years -- or, I take that back: 25 years, after living with mom and dad.

It's putrid.

END TRANSCRIPT

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