But the real news in the labor report the published today -- we predicted this last week -- is last week's claims number was revised upward by 9,000. Last week on this very day the reported number for jobless claims was 418,000. We said, "But that number doesn't really mean anything because it's going to be revised upwards. They all are." Well, today it was to 427,000, so they actually missed on the low side by 9,000 last week. It makes a four-week moving average of 423,800 jobless claims. The economy has not turned any corners. There is no recovery. It's Obama's economy, and Obama needs the Republicans to save him from himself. Obama needs the Republicans to get reelected. Obama needs the Republicans to cave.
They have no specifics. They have no budget. Nor does Obama, other than this monstrosity from last February with a $3.7 trillion budget that not even one Democrat voted for. Other than that, they don't have one -- on purpose -- so that the only numbers out there are Republican numbers that they can demagogue. That's the strategy. So if Senate Democrats don't have to project spending and revenues -- if they can just choose not to in violation of the law -- then why should I have to pay quarterly taxes?
It's 806 days, ladies and gentlemen, since Senate Democrats -- and they run the place -- have passed a budget. There are 365 days in a year. So it's well over two years since the Democrats, who run the place, have passed a budget. The law requires them to pass a budget every year. Eight hundred six days and counting -- and this, by the way, is the strategy. There's no question. They devised two years ago a strategy: We're not gonna present a budget: We're not gonna tie ourselves down. This was part of the 2010 reelection strategy: Do put a budget out there because we don't want voters to have any specifics about what we intend.
Well said, Rush.
Donald Trump was interviewed on Fox News concerning Obamanomics and gives his opinion of Obama's unemployment "spin":