April 5, 2013


On the latest economic news…

Folks, I don't know how else to categorize this. We are living in a dying country. I don't know how else to categorize what's happening -- 88,000 new jobs. The unemployment rate, because of a terrible statistic, is down to 7.6%. The number of people in this country who are not working is shameful. Ninety million Americans are no longer in the workforce. Ninety million. People not in the labor force grew by 663,000, and now 90 million. That's the labor force participation rate. This is 1979 levels. The only difference is that we don't have an election around the corner to fix it like we did in 1979. We had that election last November, and we blew it. In addition to payrolls only adding 88,000 jobs, an additional 81,800 went on disability in March. We're now up to 8.8 million Americans on disability. We had nearly as many people go on disability in March as people who found jobs. I think it's official. We have a dying country. There is literally no way that our entitlement programs and our safety net and our absorption of immigrants, legal or otherwise, can be supported this way. This simply cannot be sustained. I don't know how else to describe this.

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February 1, 2013


On glimmers of hope for conservatives and therefore the country…

I can't give you specifics. It's just a feeling -- and I assure you, it's not just blind hopefulness. It isn't wishful thinking. I just have a sense that Obama's not going to ultimately succeed in totally transforming this country into something other than how it was founded. Now, I'm not denying what he's done so far has been devastating, but there are signs out there. I keep talking about the states. In addition to fracking, do you know what else is booming? Fracking would be probably number one, and it's the most unreported characteristic that is responsible for economic growth. There literally is a boom in the oil industry in this country where fracking is taking place. The other thing that is growing this economy is the manufacture and sale of guns, and you know that.

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January 30, 2013


On the reason for the contraction of the U.S. economy …

I have a question, ladies and gentlemen. The economic growth rate – reported, anyway – by our government, at the end of September, was 3.1%, at the end of the calendar third quarter. So after September, of course, comes October, November, December. That's the calendar fourth quarter. So from September to the end of the year the economy went from growing at 3.1% to contracting by 0.1%. So the economy fell 3.2%. Now, what happened between October, November, and December that might have had something to do with this? Let me think. October, November, even December you got Christmas and holiday season, that's supposed to be big for the economy. They told us, ladies and gentlemen, we were told that after Obama won reelection, the economy was gonna take off because uncertainty would be removed. In fact, they said that one of the reasons the economy was sorta chugging, not really speeding along, was all the uncertainty over who was gonna win the election and what policies would then flow; but then after Obama won, that's the end of uncertainty. Everybody would know what's ahead and the economy would take off. Well, obviously Obama won the election, and the economy tanked. Hmm. I wonder why.

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January 9, 2013


On Democrats’ attempted demonization of profit in health care…

Everybody's hurting, the economy's stagnating, but we all want to be well. Why should people be making a profit while they administer health care? It's not fair! It's greedy! It's selfish! And it leads to some people not even being treated. If they can't pay, if they don't have insurance, that means no profit. That means they don't get treated. That means they die! See what capitalism does? It kills! We're on the cusp. We're on the edge of this becoming the new reality.

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October 12, 2012


On Joe Biden’s bizarre, buffoonish performance in the Vice Presidential debate…

You know, Biden forgets there are real people in this country who have been profoundly damaged by the economics of this country right now. Whether they blame Obama for it doesn't matter. A discussion of it comes up last night, people who watched this stuff take the election of a president seriously. You got a bad economy, you got an incumbent sitting there, young challenger, and the incumbent, the guy starts laughing in the middle of a discussion about this? These people are worried about their taxes, their Social Security, what the hell they're gonna have to pay to get us out of this debt, and we got old man Biden there laughing about it? And then he starts laughing in a discussion about security and dead ambassadors. You know, laughing about practically everything for the first half hour.

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October 5, 2012


On breaking news from the Bureau of Labor Statistics that the unemployment rate has dropped to 7.8%…

There you have it, folks. The economy's back. The stimulus worked. The job council's programs all worked. Obamacare worked. Look at all the jobs, 114,000 new jobs created, and as I told you last December, this would happen. The unemployment rate under 8%. It's 7.9, but it doesn't matter, 7.8, 7.9, whatever's after the decimal point doesn't matter. It's the seven that matters, and the reason it does is that no incumbent president has ever been reelected with the unemployment rate over 8%. It's that simple. So they had to get the number down, and they found a way to do it.

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July 9, 2012


On what it will take for Mitt Romney to win the election…

Romney is gonna have to start treating Obama the same way he did Newt and Santorum, folks. He’s gonna have to do that… Romney has got to realize that running a campaign on traditional American values is not enough. Sad to say. That’s the hard, cold reality. Simply running around and telling people he’s gonna fix the economy – “What? What are you gonna do with the economy? Yeah we all know it stinks – what are you gonna do? What’s the plan?” … 59 points? Can you tell me three of them? You can’t. So don’t tell me there’s 59 points. He may as well have zero, you can’t tell me what any of ‘em are. Big whoop. It’s not enough to say you’re gonna repeal Obamacare. Because there’s no accompanying talk from Republicans in congress that have similar type energy. This has to be about Obama. This campaign has to be about Obama and Romney’ll have to look at Obama the way he tarred Newt and the way he tarred Santorum… But Obama’s not black, he’s not Martian, he’s not white. He’s the Destructor and he’s gotta be stopped! In order for the country to be the country Romney thinks it is. This guy, I don’t care what his race is. It’s all about policy. It’s all about a program of economic destruction that cannot be an accident.

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July 6, 2012


[Mark Belling is filling in for Rush today]… On President Obama’s economic performance since he took office…

[President Obama’s] not the first President to inherit an economic downturn. For every recovery there was a downturn before it. And he came in, with a Democratic congress … a Senate and a House that allowed him to do whatever he wanted. And they did exactly what they wanted to do – they went and looted the American economy by borrowing nearly a trillion dollars and going out and creating this massive stimulus program, saying that it would create so many jobs that the economy would recover and that we would quickly pay back the amount that we borrowed, and there would be no impact at all on the budget deficit, that we would actually, if anything, help start paying down the national debt with this incredible boom that would occur because of his great stimulus… instead, nothing happened. We haven’t had any improvement in the housing market to speak of at all. We haven’t had any improvement in the jobs market at all… what he managed to do was create an enormous deficit, dig us into a huge hole, and do nothing to turn the economy around.

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July 4, 2012


On the elite media’s sympathy for Obama because he’s had a “rough week” in the news [previously broadcast material]…

Most of the country is not asking, with wringing hands and deep concern, “Oh my gosh, how is this news affecting our wonderful President?” They’re asking themselves, “When the hell is somebody gonna do something to change the direction this country’s economy is going?” They’re not worried about the impact all of this stuff is having on Obama. They see him [having the time of his life]… He’s bragging about it! Television commercials, dinner with Anna Wintour and Sarah Jessica Parker, then George Clooney, then they’re gonna do it again! Obama flying all over the place, Mooch-elle flying all over, vacation after vacation after vacation. Martha’s Vineyard, Las Vegas, Spain. Poor Obama had a bad week? On his worst week, President Kardashian has had it better than the richest man on the planet in recorded and unrecorded history… The people who make this country work are suffering every day he’s in office.

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June 1, 2012


On the dysfunctional state of the U.S. economy…

The real question is, how does this get fixed? And it’s becoming apparent -- has been apparent to me all along, it’s becoming apparent to more and more people by the day -- that it isn’t going to get fixed with Obama in the White House. It just isn’t going to get fixed. If you think it’s bad now, just wait ’til the remaining 60% of his agenda gets implemented. Remember, health care was timed to be fully implemented [in] 2014. Long after Obama’s theoretical final election, which is this year, 2012. It starts the full implementation schedule in January of this year with massive tax increases -- personal income tax increases, capital gains tax increases. Meanwhile, a shrunken U.S. private sector will continue to shrink as Obama will hijack it. Obama’s already-passed legislation will begin to take even more out of the private sector. When you raise taxes, when you increase regulations, you take money out of the private sector. And more of that is on tap. This is as good as it gets, with Obama.

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May 9, 2012


On the health of the Tea Party and the rising conservative political tide in 2012…

The Tea Party’s not dead – 2010 was a warm-up. The Tea Party’s moved on from a protest movement to an active, vibrant grass-roots movement that knows how to nominate the right people and then get them elected, and that is sending shivers of fear down the spines of professional Democrats, their consultants, elected officials, and people in the media. Democrats are voting against President Obama. Democrats are distancing themselves from failure. The cult of personality, the cult of celebrity, that this White House has attempted to mine, has been overwhelmed by the sting of reality. People’s homes having no value. People’s jobs paying nothing. People not being able to get jobs, no economic growth, moratoriums on drilling for oil, roadblocks on pipelines that would bring oil, which would cheapen energy prices. Attacks on conventional energy sources. The American people want no part of it.

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April 23, 2012


Mary Matalin is filling in for Rush today… On so-called “gender issues in the 2012 election…

Half of new (college) graduates are jobless, or under-employed. Think about that. You know how much it costs to go to college? You know how much effort it takes to go to college today? So you work hard to raise your kids, and get them the kind of education that can get them in these schools from which they will graduate with no marketable skills anyway? And now, they can’t get a job in this economy! I don’t know how that is a gender issue – that’s just an American issue.


April 9, 2012


On President Obama’s interpretation of the weakness of the U.S. economy…

Obama wants you to believe it’s in decline because of capitalism. Obama and the Democrat party want you to think our economy’s in decline because of its own structural failures and inability. They want you to believe that $5 gasoline is what you get with an economy where everybody’s out there fending for themselves. When there’s nobody looking out for people, when there’s nobody with compassion, when there’s nobody guaranteeing fairness, this is what happens. And of course the U.S. economy is in decline only because it’s in the shackles of socialism.

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April 6, 2012


On the concerns of women in 2012 in the United States…

I don't think women are losing sleep over who gets into Augusta National. I don’t think women are losing sleep over where their next birth control pill is gonna come from. And I actually don’t think women who want abortions are losing sleep (over) whether or not they’re gonna be able to get one. I don’t think they feel threatened that way. And I don’t think most women are comforted by the fact that Obama is having a woman’s forum today in the White House. I don’t think most women give a hoot. Because I don’t think most women think it’s gonna matter to them. What I think most women care about is their children. And their future. As well as their present. What kind of a mess is their school? What is the country going to be like when their kids grow up and get out of school? What are their kids going to know when they get out of school? Are they going to be properly educated? This is what I think women care about.

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March 9, 2012


On what the most important campaign issue in the 2012 election is…

Playing golf, almost exactly three, four years ago, and a guy from South Carolina – was a Democrat I was meeting him for the second time – I couldn’t understand, this guy’s – it made no sense to me intellectually, he’s a Democrat – and he kept raggin’ on George W. Bush, kept making fun of Bush, trying to provoke me. And I finally said, “What is it with you and Bush? Can we get serious for a minute? What is your problem?” And he looked at me and said “It can’t get any worse, Rush.” And I looked at him and I just shook my head and I said, “It most certainly can! And it’s going to!” Now – it is much worse. It’s ten times as worse… as it was four, five years ago, when this guy told me, “It can’t get any worse.” And by the way when this guy told me the economy had not really started its downward plunge, he was just reacting to Iraq, and the fact that everybody thought we had a stupid President, was embarrassed at Bush’s lack of intelligence and the media was trying to tell everybody that the economy was in the tank but it wasn’t, yet… my point to you is, 75% of the American people in Super Tuesday exit polls said the number one, two, and three things that mattered to them are the economy… they don’t want four more years of this, and it won’t matter who the Republican nominee is to ‘em, because they’re going to be voting against Obama, first and foremost.

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February 17, 2012


On the economic damage inflicted by President Obama on the country – and Obama’s refusal to accept responsibility for any of it…

Everything that George W. Bush proposed in terms of spending Barack Obama voted for. Obama voted for every thing that came before him – every spending increase, as a Senator, he voted for it. There were 14.3 million fewer Americans on food stamps than there are today. The record of economic damage and destruction in this country is owing to one man: Barack Obama. Are we ever, ever, going to hear that anything is Obama’s fault? In fact, what are we hearing? In fact all of this is the Republican congress’s fault. Obama’s running against a do-nothing congress. He just submits a budget – a bankrupting budget, that is indefensible – it’s a campaign document, that’s why it can’t be defended.

February 3, 2012


On the huge difference between raw numbers and “seasonally-adjusted” numbers in the Bureau of Labor Statistics job report…

The non-seasonally-adjusted numbers say that the economy lost 2.5 million jobs, December to January, those are the raw numbers… But the Bureau of Labor Statistics is saying, using seasonally-adjusted numbers, that the number of jobs increased by 233,000-243,000 jobs, whatever it is. That’s a difference of 2,739,000 jobs. That is one heck of a difference. How do you seasonally adjust 2,700,000 jobs? The raw number and the seasonal adjustment – I’m sorry, I don’t understand how they get there.

December 23, 2011


Mark Steyn is filling in for Rush today… On the utter irrelevance of the payroll tax controversy…

Economists say that to sustain a healthy housing market, this country needs to sell 700,000 new homes every year. It was 315,000 in 2011. Now, that 700,000 figure is not going to be reached under any conceivable circumstances because Fannie and Freddie and the subprime mortgage and all the rest of it so distorted the housing market that this country now has about twice as many large family homes as it’s gonna need for the foreseeable future. So the problem here is an immense structural one. And the idea that giving you an extra $20 a week for another eight weeks… if you earn $50,000 a year, you will benefit from this dramatic Christmas gift from the President, $20 a week for an extra eight weeks, so what’s that? Two, twenty by eight, that’s $160. One hundred and sixty dollars. And we are supposed to be grateful that President Obama was so serious about this $160 – he cared so much, about you getting your extra $20 a week – that he was willing to stay in Washington, and not fly out to Hawaii for his vacation until today.

December 21, 2011


On the need for Republicans to get serious about saving the country from economic ruin at the hands of Obama and the Democrats…

If you believe that our beloved country is collapsing due to government – why continue with these games? Why continue with such things as two-month expansions of the debt limit? Continuing resolution after continuing resolution instead of a budget. A two-month extension of a so-called payroll tax cut. These are games. This is style over substance. If we are to stop this, if we are to reverse this, if we are to get anywhere, we need to start now, make our case. We need to begin to reverse course. We can’t be so timid and scared and gutless that we jump every time Obama says “Jump!”

December 14, 2011


On the revelation that American realtors grossly overstated home sales for years…

Nothing’s real… if this number can be so easily fudged – and where is the journalist community? Where’s the curiosity here? Where’s somebody hearing the numbers, “Well, maybe we’re not going to accept what you say, let’s dig deep and find it.”? There wasn’t any. There’s no curiosity about the truth of the unemployment numbers. None. How much other out there is not real? How much else is being faked? How many other things are we being lied to about? The best guess is that we’re being lied to far more than we’re being told the truth. Particularly when it comes to the state. The status of the economy. And in large part, certain sectors of the economy the American people are just in denial about all of this. And it’s true. A lot of people don’t want to face just how bad things are.

September 7, 2011


On the professed puzzlement of liberal economists over how to overcome the country’s economic malaise…

Why are we blind to history? What in the world is so unique about now, other than, for the first time we’ve got somebody actively trying to destroy the private sector job creation that has always defined this country’s greatness. Well, if we know that, then we also know what to do. And that is – defeat this guy… the whole Washington mindset, that if they can’t come up with something, then there is nothing to do. Which represents the whole problem – the world does not revolve around Washington, and this country does not revolve around Washington. Washington is nothing but a gigantic boulder in our highway. To progress… I’m not saying this in a reactionary way. I’m not saying it even in an ideological way. This is pure, unadulterated fact. You simply cannot have this level of regulation on people who want to create jobs, who want to grow businesses, start them. You just can’t have this kind of shackle around them, and expect magic to happen.

September 2, 2011


On the wretched economic condition of the United States under President Obama…

This is the United States of America, and we now know we’ve got somebody running this company, who believes that its greatness is illegitimate, and we’ve got to pay the price for it. In truth we have an effective unemployment rate in this country of 20%. Black unemployment 16.9%. The 9.1% number is government disinformation. And to the people who’ve been out of work for a year or longer, this is not a recession, this is a depression. I don’t care how the government defines it. That’s what this is. When one out of every five adults is struggling to survive in the greatest nation on the face of the earth, this is a disgrace. When we can’t produce a single job in the month of August, a GDP of 1%, the Chi-coms are growing at 9.5% – the Cubans are outgrowing us – this is unacceptable. This is the greatest nation on the face of the earth, this is a disgrace, and it is a disgrace because none of this is necessary. None of it.

August 24, 2011


Mark Belling is filling in for Rush today… On the connection between “helicopter” (i.e. overprotective) parents and the federal government...

We now have a helicopter government. Barack Obama’s our helicopter President. He believes that we’ve got to give everybody healthcare, that healthcare costs are going up so much that we can’t figure out a way to make this work via the free market and that it has to become the next entitlement. He wants to take Medicare and Social Security off the table for any kind of reform, tweaks, or changes at all because we can’t survive if we don’t have them in exactly the kind of form that we’re in right now. The whole nature of the stimulus program – “The only way we can get through our recession is if I (President Obama) spend a trillion dollars and throw it out to my friends in government – that will get the economy started again.” He’s the helicopter President.