{"id":33156,"date":"2009-08-07T01:01:01","date_gmt":"2011-05-19T02:05:16","guid":{"rendered":""},"modified":"2011-05-19T02:05:16","modified_gmt":"2011-05-19T02:05:16","slug":"obama_i_ve_rescued_the_economy","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2009\/08\/07\/obama_i_ve_rescued_the_economy\/","title":{"rendered":"Obama: I\u2019ve Rescued the Economy"},"content":{"rendered":"<section>\n<p>RUSH: President Obama this afternoon in Washington, during this program, was all giddy over the fact that &#8216;only\u2019 240,000 more Americans lost their jobs, only excited that the full unemployment figure is 16%. When you add the people who have been unemployed and have then given up looking for work, to those who are recorded as unemployed and looking, the unemployment rate nationally is 16.9%. President Obama and his remarks basically said that his administration has rescued our economy from catastrophe. <\/p>\n<p><img loading=\"lazy\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125111.Par.89380.ImageFile.jpg\" width=\"300\" height=\"200\" class=\"alignright\"\/>OBAMA: This morning we received additional signs that the worst may be behind us. Though we lost 247,000 jobs in July, that was nearly 200,000 fewer jobs lost than in June and far fewer than the nearly 700,000 jobs a month that we were losing at the beginning of the year. Today we\u2019re pointed in the right direction. We\u2019re losing jobs at less than half the rate we were when I took office. We\u2019ve pulled the financial system back from the brink and a rising market is restoring value to those 401(k)s that are the foundation of a secure retirement. <\/p>\n<p>RUSH: The worst is behind us, America! Obama saved the economy. He touts the rising stock market, which in previous months this administration said they pay no attention to. It\u2019s just &#8216;a tracking poll.\u2019 So 247,000 jobs are not saved. Do you feel saved, America? See, I made this point yesterday. He\u2019s making the same great oratorical speeches. He still looks cool. He has the same warm smile and so forth, but the numbers are going down. What\u2019s different here? Do you feel saved? Let\u2019s go to the next sound bite. We need a new foundation, Obama says &#8212; and he means it, and this is very important. We do not need a new foundation. We have had the best foundation any country has ever had for over 200 years. We don\u2019t need a new one. Here\u2019s what he said: <\/p>\n<p>OBAMA: As we begin to put an end to this recession, we have to consider what comes next because we can\u2019t afford to return to an economy based on inflated profits and maxed-out credit cards, an economy where we depend on dirty and outdated sources of energy, an economy where we\u2019re burdened by soaring health care costs that serve only the special interests. Now\u2019s the time to build a new foundation for a stronger, more productive economy that creates the jobs of the future. And this foundation has to be supported by several pillars to our economy. <\/p>\n<p>RUSH: That\u2019s it. We\u2019re going to remake it. We\u2019re going to get rid of profits. We\u2019re going to get rid of all the energy sources that are cheap, economical and that work. We\u2019re going to get health care costs down, which everybody knows isn\u2019t true. The polling data shows that people aren\u2019t buying this. Oh, this is just&#8230; He\u2019s rescued our economy from catastrophe. Here\u2019s the final sound bite. <\/p>\n<p>OBAMA: Americans who have kept their confidence in their country and in our future. That\u2019s how we\u2019ve pulled the economy back from the brink. That\u2019s why we\u2019re turning this economy around. I am convinced that we can see a light at the end of the tunnel, but now we\u2019re going to have to move forward with confidence and conviction to reach the promise of a new day. <\/p>\n<p>RUSH: 240,000 more people lost their jobs. Now, you could say, &#8216;Okay, maybe jobs are a lagging indicator and maybe things are turning around.\u2019 But folks, let\u2019s just hypothetically say, &#8216;Okay, it is a turnaround. We\u2019ve hit bottom and we\u2019re now sort of bouncing back up.\u2019 You wait until cap and trade and health care are implemented and start impacting the economy. All this is out the window. Wait until these tax increases hit. He must be stopped. <\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: Hey. Hey. President Obama just rescued us from catastrophe. We haven\u2019t been rescued from a catastrophe. This is a catastrophe! He is a catastrophe. However, I have here a State-Run Associated Press dispatch: &#8216;President Barack Obama on Friday welcomed a dip in unemployment&#8230;\u2019 It did not dip! It did not dip. I know it went 9-5 to 9-4, but it didn\u2019t dip. At any rate, I don\u2019t want to split hairs. &#8216;President Barack Obama on Friday welcomed a dip in unemployment as evidence &#8216;the worst may be behind us,&#8221; and it may not. &#8216;Earlier, however,\u2019 before his 1:15 p.m. TV appearance, &#8216;the White House said that the president still expects unemployment to hit 10 percent sometime later this year.\u2019 Now, that could mean one of two things. They say it and when it doesn\u2019t happen, &#8216;Ooooh!\u2019 Or they know it\u2019s gonna happen. They know it\u2019s probably already there now. They\u2019re just cooking the books. That\u2019s what I think. <\/p>\n<p>You want to hear some startling numbers? &#8216;In 2008, over two million US citizens fled the United States for greener pastures, and while this figure still represents less than 1% of the total US population, the trend is astounding. Between 2006-2008, the average number of US permanent resident filings stood at roughly 1.1 million\/year&#8230;\u2019 That\u2019s how many people would leave. That\u2019s how many people would leave. It was two million in 2008, and in 2009 and beyond it\u2019s going to double, going to triple. You know, when a state goes nuts and starts taxing you out the wazoo, you can split the scene and move to another state. When your federal government does, there\u2019s nowhere you can go. You can\u2019t escape it, except leave &#8212; and some people do. Two million people in 2008? That\u2019s &#8212; and I guarantee you they\u2019re not leftists, who are upset that the country\u2019s not liberal enough.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: President Obama this afternoon in Washington, during this program, was all giddy over the fact that &#8216;only\u2019 240,000 more Americans lost their jobs, only excited that the full unemployment figure is 16%. When you add the people who have been unemployed and have then given up looking for work, to those who are recorded [&hellip;]<\/p>\n","protected":false},"author":25,"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":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Obama: I&#039;ve Rescued 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:\/\/www.rushlimbaugh.com\/daily\/2009\/08\/07\/obama_i_ve_rescued_the_economy\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Obama: I&#039;ve Rescued the Economy - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: President Obama this afternoon in Washington, during this program, was all giddy over the fact that &#8216;only\u2019 240,000 more Americans lost their jobs, only excited that the full unemployment figure is 16%. When you add the people who have been unemployed and have then given up looking for work, to those who are recorded [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125111.Par.89380.ImageFile.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/admin.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2009\/08\/07\/obama_i_ve_rescued_the_economy\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125111.Par.89380.ImageFile.jpg\",\"contentUrl\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125111.Par.89380.ImageFile.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2009\/08\/07\/obama_i_ve_rescued_the_economy\/#webpage\",\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/2009\/08\/07\/obama_i_ve_rescued_the_economy\/\",\"name\":\"Obama: I've Rescued the Economy - The Rush Limbaugh Show\",\"isPartOf\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2009\/08\/07\/obama_i_ve_rescued_the_economy\/#primaryimage\"},\"datePublished\":\"2011-05-19T02:05:16+00:00\",\"dateModified\":\"2011-05-19T02:05:16+00:00\",\"author\":{\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2009\/08\/07\/obama_i_ve_rescued_the_economy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rushlimbaugh.com\/daily\/2009\/08\/07\/obama_i_ve_rescued_the_economy\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2009\/08\/07\/obama_i_ve_rescued_the_economy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rushlimbaugh.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Obama: I\\u2019ve Rescued the Economy\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f18195e0073013fa0e16b040686c2924?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Obama: I've Rescued the Economy - The Rush Limbaugh Show","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rushlimbaugh.com\/daily\/2009\/08\/07\/obama_i_ve_rescued_the_economy\/","twitter_card":"summary","twitter_title":"Obama: I've Rescued the Economy - The Rush Limbaugh Show","twitter_description":"RUSH: President Obama this afternoon in Washington, during this program, was all giddy over the fact that &#8216;only\u2019 240,000 more Americans lost their jobs, only excited that the full unemployment figure is 16%. 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