663,000 people left the workforce in March and only 88,000 jobs were added, but somehow the Obama administration paints a happy face on this because by destroying the will to work in so many Americans, Obama somehow wins. It's too late to blame Bush so I suppose now it will be the sequester he agreed to in order to raise taxes.
Obama's former economic advisor Austan Goolsbee called it a "punch in the gut." The stock market agreed. I call it another failure of his policies. The "recession" was over before the first stimulus dollar was out the door in 2009, and still he can't make the formula of higher taxes + more regulation + more government take overs work. That's why he's dancing on the Sandy Hook graves--it's all he's got.
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1 comment:
Murray sez:
But Norma, the unemployment number went down. I guess you're not familiar with the new Obamamath.
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