Tuesday, 08 October 2013 15:12
Jimmy Carter right on Obama's poor economy, wrong on fix
Written by 

obama-carterIn an interview at a Habitat for Humanity event in Oakland, CA on Monday, former President Jimmy Carter lamented the current state of the nation’s economy.


According to Carter, "The disparity between rich people and poor people in America has increased dramatically since when we started. The middle class has become more like poor people than they were 30 years ago. So I don't think it's getting any better."

A miracle has truly occurred and Carter is actually correct for once. Under President Obama, the income disparity between the rich and poor has increased. The middle class today does resemble the poor of previous generations. The middle class faces tremendous financial burdens with little prospect for relief. Real wages are stagnant and costs are increasing. For example, under President Obama, gasoline prices have approximately doubled, hitting the middle class hard as they try to keep their financial head above water.

While Carter will not admit it, it is obvious to any fair minded observer that President Obama has been a disaster for our nation’s economy. While the official unemployment rate has dropped to 7.3%, the real employment picture is pretty desperate. Millions of Americans are working part time and holding several jobs to maintain their standard of living. This dynamic will increase as Obamacare will force many companies to limit their number of full time employees and transition more employees to working less than 30 hours per week.

Overall, an amazing number of Americans, 90 million, have left the workforce altogether. Many of these people are so discouraged with their job prospects that they have signed up for government assistance.

Carter knows plenty about economic misery. During his term in office, energy costs soared; and interest rates, inflation, and unemployment were terrible problems. In the Carter years, the labor force participation rate was a mere 63.4 percent. The nation recovered from these anemic labor levels thanks to the conservative economic policies of Ronald Reagan. His policies created 20 million new jobs in the country, giving a lifeline to millions of Americans who were devastated by the policies of Jimmy Carter.

Reagan’s conservative policies helped our nation grow for several decades. It set the stage for the prosperous 90’s and the budget surplus of 2000. Unfortunately, we have been moving in the wrong direction during the George W. Bush and Obama years and today we have a labor force participation that is once again only 63.4 percent, our lowest since the miserable Carter administration.

Under President Obama, real jobs are scarce. For every job that has been created by Barack Obama, there have been 75 new recipients of food stamps. In fact, food stamp usage has increased 50% during the Obama years to approximately 47 million Americans.

While the middle class is suffering, the very rich are doing well during the Obama administration. His Wall Street friends have prospered and his business buddies were rewarded with a one year exemption from Obamacare.

Of course, average Americans will not receive a similar break from Obamacare and they will have to sign up for health insurance or face a tax penalty, courtesy of the President.  

Carter correctly identified the pitiful situation, but his solutions such as a higher minimum wage, will only lead to more unemployment. Carter can’t admit the truth, that the conservative economic policies such as lower taxes, less government spending and more personal freedom are the answer to our problems today.

It is clear when liberals like Carter and Obama are in power, the nation suffers. Hopefully, voters will remember this fact when the next presidential election rolls around.

Jeff Crouere

Jeff Crouere is a native of New Orleans, LA and he is the host of a Louisiana based program, “Ringside Politics,” which airs at 7:30 p.m. Fri. and 10:00 p.m. Sun. on WLAE-TV 32, a PBS station, and 7 till 11 a.m.weekdays on WGSO 990 AM in New Orleans and the Northshore. For more information, visit his web site at Ringside Politics.

Visit Jeff Crouere's Google Plus Page

Visit Bayoubuzz's Google Page

Login to post comments
  • A July 4th Fact of Facts: America is Land of Immigrants
  • Poll: Trump strong on jobs, weak on tweets, viewed as reckless, thin-skinned, sexist
  • President Trump, It doesn't feel like Independence Day
  • YIPPIE! The naked truth about free speech, cherished especially on Independence Day

mass2On July 4, 1778, George Washington doubled liquor rations for the soldiers quartered in Princeton, NJ, as a way to celebrate Independence Day. It’s fitting, therefore, that the Fourth of July is America's top-selling beer holiday, according to the Beer Institute. It estimated, in 2013, that sales of beer on the 4th could total $1 billion, doubtlessly higher today. “In moderation,” claims a CA brewery investor, Grover McKean, “beer is tasty and healthy.” Who could disagree?

Read More

joe mikaAs Donald Trump faces the top world leaders this week, including a face-time with Vladimir Putin, and as his healthcare proposals face an uphill climb, his poll numbers for how the nation views him could be better.

According to a morning Consult/Politico poll released Wednesday morning, his tweets, including that against MSNBC's Mika Brzezinski, and his personality are not helping him, at all.

Read More

indy dayII know the calendar says we are approaching the 4th of July, but, it just doesn’t feel like Independence Day.

Perhaps it should.  It’s hot as heck.  The airlines have been packed. The hot dogs are ready for grilling.  The umps are saying, "play ball". The patriotic activities are scheduled. The fireworks are ready-for-blasting. 

Yet, it just doesn’t feel like independence day.

Read More

bill rights2To President Thomas Jefferson, July 4th celebrated more than the signing of the Declaration of Independence. He thought it was a link to the future. The message prominent colonists sent to King George III led to the Constitution and the Bill of Rights, the initial and most prominent feature of which is the First Amendment that guarantees free speech. It’s part of the country’s fundamental essence that each man and woman can say what they feel about government, or anything else, proving President Donald Trump needs some civics lessons.

Read More


Dead Pelican

Optimized-DeadPelican2 1 1