Obamanomics: no jobs because of ATM's?

It is in now way Barack Obama’s fault that the country has been bleeding jobs and not creating new ones at a rate that satisfies the American people. Instead, it’s this crazy thing called “efficiency”, which is reducing the need for people to do certain jobs. And who benefits? Big corporations (definitely not the consumer. No way.)! Look at ATMs! How could the President ever be expected to create jobs with ATMs taking away all the teller jobs!

“It's not as fast as it needs to be to make up for all the jobs that were lost. The other thing that happened, though, and this goes to the point you were just making. There are some structural issues with our economy where a lot of businesses have learned to be much more efficient with a lot fewer workers,” the President said.

“You see it when you go to a bank and you use an ATM,” he added.

“I didn't know the banks were getting richer by screwing the good union jobs of tellers,” Glenn joked.

The guys then ridiculed Obama for blaming efficiency and capitalism for reducing jobs.

“No president in history has had to deal with these automated teller machines,” Stu joked.

“And for this poor guy it's one thing after another and then people won't let him they won't cut him a break,” Pat said of Obama.

“But what about the businesses that have been created to create these job killing robots? They don't exist,” Pat added.

Clearly, the President is just trying to pass the blame anywhere he can on the lack of job creation. Word on the street is that he plans to go after Henry Ford, Bill Gates, Steve Jobs, and other innovators who have put hard working Americans out of work by generating efficiency but completely failing to create new jobs.

Glenn gives the latest coronavirus numbers, updating YOU on everything needed to know as Americans and officials monitor China's new COVID-19 virus:

Daily Stats as of 5:30 AM CT (from John's Hopkins)

  • Total Confirmed Cases Worldwide: 799,995 (up from 735,135 Yesterday)
  • Total Confirmed Deaths Worldwide: 38,735 (up from 34,807 Yesterday)
  • Total Confirmed Recovered Worldwide: 169,995 (up from 155,950 Yesterday)
  • 5% of Active Cases are considered serious (requiring hospitalization) Steady from 5% Yesterday, but down from 19% high back in February
  • Note that 11% of US Confirmed Cases require Hospitalization, roughly on par with Italy at 12% requiring hospitalization
  • US has 164,359 Confirmed Cases and 3,173 Deaths, up from 142,746 cases and 2,489 deaths Yesterday
  • The United States of America now leads the world in total confirmed cases, with 63,000 more cases than Italy (although Italy leads the world in Deaths with 11,591 officially dead)
  • US has 3,173 Dead vs 5,507 Recovered and 3,512 in Critical Condition
  • The US Currently has 155,679 Active Cases of COVID-19, with less than 0.6% of the total US population tested
  • 15% of Americans who have been tested have been diagnosed with COVID-19
The Moment of Trump's Conversion: Dr Anthony Fauci Takes Full Responsibility https://dailycaller.com/2020/03/30/anthony-fauci-moment-donald-trump-realized-extend-social-distancing-mandate/
  • Dr Anthony Fauci, the Chief Medical Advisor to the coronavirus task force, explained on CNN that Trump listened and "got it right away" after being shown new data projecting as many as 3 Million deaths in the US if COVID-19 mitigation policies were lifted.
  • Fauci also said Trump's "first goal is to prevent suffering and death" and this was part of the reason why he knew the COVID-19 guidelines should be extended.
  • "You know, interestingly, we showed him the data, he looked at the data and he got it right away, it was a pretty clear picture," according to Fauci.
  • "Dr. Debbie Birx and I went in together and leaned over his desk and said 'Here is the data, take a look.'
  • Trump reportedly looked at them, understood the implications and he shook his head and said 'I guess we got to do it.'
  • "Medically, this is the right decision, and I stand behind it 100%," Fauci said.
  • "From a public health standpoint, we felt strongly that it would have been the wrong decision to pull back," Fauci said. "I mean, we are scientists, physicians, public health officials. We're not economists. We're sensitive to the idea that the economy could suffer, but weigh that against tens of thousands, hundreds of thousands of American lives."
  • "...it was patently obvious looking at the data that at the end of the day if we try to push back prematurely, not only would we lose lives, but it probably would hurt the economy as well. So you would lose on double accounts. So, to us, there was no question what the right choice was."
Washington DC, Virginia, Maryland Join States Issuing House Arrest Orders https://www.cnbc.com/2020/03/30/coronavirus-violators-of-marylands-stay-at-home-order-face-criminal-charges.html
  • Maryland and Virginia became the latest states on Monday to enact "stay-at-home" mandates amid the coronavirus outbreak, except for essential travel for work.
  • Virginia's order is in effect until June 10, making it one of the longest statewide mandates implemented so far.
  • Maryland's penalties for violating its order are among some of the strictest in the country, including a $1000 fine, and up to 30 days jail time for repeat offenders.
  • In total, more than 210 Million Americans now effectively live under some form of House Arrest or Shelter In Place type orders, with another, 50 Million facing travel or shopping/eating restrictions.
  • Only 6 states have not closed schools.