The national unemployment rate is over 9 percent and over 45 percent of the unemployed (that's 6.2 million Americans) have been out of work for more than 6 months - a higher percentage than during the Great Depression. (source) But President Obama barely acknowledged these painful economic facts dismissing them with a single line in his latest campaign speech: "There are always going to be bumps on the road to recovery."

Continued...

After two and a half years of a job killing agenda, Obama & Company can no longer blame their predecessors for their own failures.

Seemingly incapable of honest self-evaluation, the seriously wounded administration is minimizing the pain American families are enduring and lashing out at phantom targets. The president's top economic advisor Austan Goolsbee appeared on the Sunday talk show circuit to say that "stiff headwinds" caused by the disaster in Japan and higher gas prices are responsible for the dismal employment reports for May. (source)

But even House Minority Leader Nancy Pelosi (D-California) didn't try to blame outside forces for the situation. Instead Mr. Obama's former go-to-gal acknowledged that the new unemployment figures were "disturbing" and could only offer the unsustantiated defense that "If the president hadn’t done what he did, the situation would have been worse." (source)

So how will the Obama 2012 Campaign attempt to repackage the president's economic failures in its quest for a second term? Will they pretend the increased regulations, threatened tax increases and out of control spending did not create an environment in which businesses of all sizes have had to eliminate jobs and been unable to create new ones? Or will they drag out the tired old line that these policies "saved or created" jobs while the numbers continue to prove otherwise?

It may not matter what package the campaign chooses as the American people have seen and felt the effects of buying into Mr. Obama's empty platitudes and broken promises. As House Majority Leader Eric Cantor (R-Virginia) recently observed, "This president continues to give speeches as if he is there for the middle class and the small businesses. But somehow the rhetoric falls short, because the actions have seemed to hinder job growth and entrepreneurial activity." (source)