Many political observers have noticed that the hardline policies employed by Obama, with respect to the economy in particular, have not yielded the promise of change.  Economically speaking, the high level’s of unemployment continue, with key data points in question due to the administration’s changes in the definition of what is considered an “unemployed” worker.

Historically speaking, the new millennia has started of with fairly stable levels of employment:

    Year         Emp. Level  Labor Force  # Unemp.  Rate
    2001           136933    143734         6801    4.7%
    2002           136485    144863         8378    5.8%
    2003           137736    146510         8774    6.0%
    2004           139252    147401         8149    5.5%
    2005           141730    149320         7590    5.1%
    2006           144427    151428         7001    4.6%
    2007           146047    153124         7077    4.6%
    2008           145362    154287         8925    5.8%
    2009           139877    154142        14265    9.3%
    2010           139064    153889        14825    9.6%
    2011           138579    152773        14194    9.3%

This includes the period of the .COM bubble, where unemployment surged to a tame, by today’s standards,  6%.  Note that the 2011 data is extrapolated as an average of the first few months of the year where data is available.

In the next year, people will be given a choice to look for a new normal, where the government acts as the primary source of economic growth and jobs for the country, or to return to our country’s core values which promote self sufficiency, and innovation. Traveling down the government led path will only end in a Greek-like melt down, with no one having enough capacity to bail us out from the high debt levels.

This is a core, and fundamental difference between Obama, and much of his opposition.  Who should drive the agenda for economic growth?  Will it be the demands of the consumer, or central planning initiated from Obama.

Is the arrogance not clear in the central planning model? One person, or a series, is perceived to know what’s best for everyone.  This is where the need (notice, it’s not an idea, but a real need) of limiting the government’s power comes from.

Clearly by this point, we need a change in strategy that the government can not continue to inflate our way out of debt, and expect a rich and prosperous economy to follow.