Saturday, February 1, 2014

SOTU Slams “Stagnant Economy”

Semi-News/Semi-Satire ^ | 31 Jan 2014 | John Semmens

President Obama vowed to rescue the country from the “enemies of prosperity” in his speech on the State-of-the-Union Tuesday.
“Too many people are without jobs because businesses place profit ahead of employment,” the president complained. “This is the outcome of the perverse incentives of our market economy. If Congress will not act to offset these incentives I will take Executive action to rectify this injustice.” “Too many people are without an income because they have no jobs,” Obama asserted. “This is the outcome of a mentality that insists that being self-supporting is somehow a requirement for survival. If Congress will not act to eliminate this requirement I will take Executive action to see that it happens.” “Too many people’s welfare benefits are threatened because the government lacks the resources to ensure a steady and reliable flow of resources to sustain them,” Obama warned. “This is the outcome of an obsession with fiscal solvency. If Congress will not raise the taxes needed to fully fund these programs I will take Executive action to secure whatever revenues are necessary.” Representative Steve Stockman (R-Texas) took issue with both the President’s assertions and his proposed remedy of “Executive action.” “The job situation is bleak because the President’s policies have increased the cost of employing people,” Stockman contended. “The culture of dependency he has cultivated and vows to expand and entrench contradicts the principles of freedom upon which this country was founded. His intention to bypass Congress in order to impose his will is beyond his Constitutional authority and invites impeachment.” In related news, North Carolina has enjoyed an economic boom since ending extended unemployment benefits last July. This occurred in the face of Democratic forecasts that cutting off these payments for not working would devastate the state’s economy. NC State Representative Jason Saine (R-Raleigh) who had himself been a recipient of extended unemployment benefits observed that “years of extended benefits didn’t seem to be having a positive effect on jobs. We decided, instead, to try cutting business taxes to stimulate the economy. I’m happy to say that this seems to be working.”

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