{"id":12092,"date":"2013-06-26T18:39:51","date_gmt":"2013-06-26T18:39:51","guid":{"rendered":""},"modified":"2013-06-26T18:39:51","modified_gmt":"2013-06-26T18:39:51","slug":"obama_s_goal_is_to_shrink_the_economy","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2013\/06\/26\/obama_s_goal_is_to_shrink_the_economy\/","title":{"rendered":"Obama\u2019s Goal is to Shrink the Economy"},"content":{"rendered":"

\"Listen<\/a><\/p>\n

RUSH: Economic news: “US Economic Growth was More Tepid Than Previous Estimated in the First Quarter.” For those of you in Rio Linda, that means it\u2019s a little cooler than they thought it was gonna be, and there wasn\u2019t as much economic growth in the first quarter as all the experts figured. “US economic growth was more tepid than previously estimated in the first quarter, held back by a moderate pace of consumer spending, weak business investment and declining exports.<\/p>\n

“Gross domestic product expanded at a [puny] 1.8% annual rate, the Commerce Department said in its final estimate on Wednesday. Output was previously reported to have risen at a 2.4% pace,” but it didn\u2019t. It was only 1.8%. “Economists polled by Reuters had expected first-quarter GDP growth would be left unrevised at 2.4%. When measured from the income side, the economy grew… slower than the fourth-quarter,” which was exaggerated. <\/p>\n

So excluding inventories, the economy grew at a 1.2% rate, the slowest in two years, and that\u2019s the take-away here. It\u2019s likely only to get worse, because this is the result of economic policies put in place on purpose. Folks, we\u2019re now well into the fifth year of this. It\u2019s well enough time for people to have determined that we\u2019re headed in the wrong direction and that maybe there needs to be a shift in policy. But instead, we are doubling down on what has created the problem. <\/p>\n

<\/p>\n

We\u2019re approaching the midpoint here of the fifth year. At this point, we have to abandon the idea that it\u2019s just due to Obama\u2019s policies not working. We have to abandon the idea, “It\u2019s a valiant effort going here to revive the economy, but, damn it, this thing is stubborn!” We have to abandon that. We have to start being open to other possibilities, other explanations for this putrid, “tepid,” nonexistent growth in the economy.<\/p>\n

We have to be open to the idea that the economy is under attack, that disposable income is the first casualty. There isn\u2019t any growth and there isn\u2019t any plan for economic growth. With the president\u2019s announced executive orders yesterday to impose even more burdens on this economy in an effort “to stop climate change,” there\u2019s nothing that\u2019s going to change direction that we\u2019re going. There\u2019s nothing that\u2019s gonna result in the economy getting bigger. <\/p>\n

It\u2019s gonna keep getting smaller, and more and more of the economy is going to be usurped by the government. So what used to be a big pile of money that you had a chance to access — a growing pie of wealth that you had a chance to attack and get your piece of — is getting smaller and smaller. The pie is getting smaller. Your opportunities to get your piece of it is getting smaller and smaller because the government\u2019s taking more and more of it. <\/p>\n

They took one-sixth of that pie for Obamacare. <\/p>\n

Now we\u2019re gonna dump anywhere from 11 to 46 million low-wage and unskilled people into the country competing for jobs, which is only going to force wages lower. So it means your opportunity for your piece of the pie is going to be spread around to even more people who are gonna be much more attractive to hire \u2019cause they\u2019re not gonna cost very much to hire. And if the law gets implemented as designed, the amnesty law, they won\u2019t be eligible for Obamacare or welfare benefits for couple years or longer.<\/p>\n

That means they\u2019ll really be affordable to hire because businesses will not have to provide them those benefits, as opposed to hiring you, they would have to. So it becomes more and more attractive for American business to hire the incoming low-wage, low-skilled, uneducated workforce that they crave. So the people you\u2019re competing with for jobs are people that are going to be willing to do the job for peanuts compared to what you would accept for it. <\/p>\n

So the opportunity to get your piece of the pie is under assault in any number of ways. The biggest one, though, is the pie is shrinking \u2019cause the government\u2019s taking more and more of it. So there\u2019s no growth, there isn\u2019t any plan for any growth, but there is a plan for more central control of the economy, command-and-control, planned economy — a stupidly planned economy. I mean, to heck with free markets, the economy, and the people, \u2019cause Obama is here to help. <\/p>\n

Just be patient! <\/p>\n

Juuuust be patient. <\/p>\n

<\/p>\n

So Obama announced yesterday a bunch of executive orders \u2019cause he can\u2019t count on Congress. He signed a bunch of executive orders to finally fight climate change. Algore called it historic. That should be all you need to know that it is a disaster. It is more crony capitalism. It is corruption. It is an alliance of participating industries with government. It\u2019s executive orders for the government to just run in and do what the people and their representatives would not authorize.<\/p>\n

It\u2019s under the guise of saving the world, under the guise of saving the planet. And again, the low-information, uninformed crowd thinks that\u2019s really cool and fair, very nice, that somebody cares about them. The problem is that Barack Obama doesn\u2019t know and doesn\u2019t care about climate science. With him, everything is about political science. Citing climate change for Barack Obama is an excuse to exercise wildly… I don\u2019t want to say dictatorial powers, but maybe I should as a means of being illustrative. <\/p>\n

It\u2019s what all tyrants do. They take unilateral steps to “help” because they “care.” In this case, they care about the planet. They\u2019re for the people, and you won\u2019t do the right thing unless you are forced to. You won\u2019t live the right way unless you are forced to. You won\u2019t behave the right way unless you\u2019re forced to. The fastest way to be accepted by your leader is to not oppose anything he wants. That\u2019s how you get real love and real affection. <\/p>\n

So as far as the low-information crowd is concerned, Obama\u2019s fighting for us. Forget that electricity will skyrocket because of his war on coal, which is the primary source of electricity for most of the people in this country. Forget that the electricity price skyrocketing will result in a lot of people losing their jobs, because it\u2019s gonna become more costly for businesses to operate, and the first thing they\u2019ll get rid of is people in order to stay in business. <\/p>\n

The objective of a business is to stay in business. <\/p>\n

All this as a result of a mission to “save the planet.” The only way the planet could be saved is to protect it from individuals. The climate and the planet must be insulated, protected from individuals and their irresponsible behavior. Barack Obama is expanding and consolidating massive power over people and their health insurers via Obamacare, financial institutions via Dodd-Frank, and the energy sector via EPA regulations. <\/line><\/p>\n

He\u2019s dictating policy. He\u2019s on the verge of making it impossible for Republicans to ever win another election with amnesty and the get-out-the-vote efforts that are part of Obamacare. See, Obamacare wasn\u2019t about insuring poor people. Did you think that? Did you think the purpose of Obamacare was, “Yeah, there are 30 million uninsured and Obama\u2019s just gonna insure them”? No, no. No, 30 million people are gonna remain uninsured. We have now been told this by the CBO. <\/p>\n

Thirty million people will remain uninsured. Three hundred million will have unaffordable health insurance, but every damn one of them possible will be registered as a Democrat voter, thanks to the Obama exchanges. Obama\u2019s war on coal is not about global warming, it\u2019s not about climate change, \u2019cause there is none! There isn\u2019t any global warming. Obama\u2019s war is on the private sector economy, and the winner is gonna be an all-powerful federal government — which, of course, is for the good of all the people.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Some clown in a regime actually said that a war on coal right now is exactly what\u2019s needed. A war on coal — coal, as some detestable enemy! You wait \u2019til we try to get along without it. All these people… I\u2019m reading about all these tech wizards thinking they\u2019re so damn smart protecting and saving the planet, driving around their electric cars, talking about all the time it takes to charge the damn things.<\/p>\n

What do they think is powering the charge? These people are using coal out the wazoo to charge these electric cars. How does that escape them? “But there\u2019s no pollution from our carbon system, driving electric cars.” No pollution from your car? You\u2019re burning coal left and right! You\u2019re not reducing the use of the coal that you hate whatsoever! It\u2019s all about stupid, feel-good nothingism. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Economic news: “US Economic Growth was More Tepid Than Previous Estimated in the First Quarter.” For those of you in Rio Linda, that means it\u2019s a little cooler than they thought it was gonna be, and there wasn\u2019t as much economic growth in the first quarter as all the experts figured. “US economic growth […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nObama's Goal is to Shrink the Economy - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2013\/06\/26\/obama_s_goal_is_to_shrink_the_economy\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Obama's Goal is to Shrink the Economy - 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