Tuesday, July 12, 2011

What Did Anybody Think Would Happen?

The jobless numbers went up last month because the jobs added simply were well short of population growth. The stark part was the break out between public and private sectors. The private sector added 60K jobs and the public sector shed 40K getting a net of plus 20K.

Low tax rates on the rich have not resulted in jobs, not since GWB got them, vast profits for favored industries have not produced jobs, in point of fact the housing bubble was the job driver for GWB while everything else went to hell. Why people can't manage to see that the GOP policies have not produced spit is beyond me.

The actual numbers exist that demostrate that the GOPer policies are bad for the economy and bad for the general citizenry and yet... well, we're talking about the damned debt ceiling and crashing the economic clown* car.

*if you don't think this economy deserves that level of derision ... well ...

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