Saturday, July 4, 2009

Shamulus - The Numbers Are In

IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- Stop The Madness That's Killing Jobs: "the June jobs data mark a milestone of sorts: Our unemployment rate equals that of the no-growth Eurozone nations.

Why is this job decline happening? The private sector — the real engine of economic and job growth — won't hire because it's scared of what it sees coming out of Washington.

On the horizon, as far as the eye can see, are higher taxes, uncontrolled spending and layers upon layers of new regulations.

Who would hire new workers faced with that?"


No surprises here. Nothing this administration is doing will shorten the recession - from start to finish, they seem to be following the recipe book for converting recession to depression. Domestically, Obama is FDR on steroids. Internationally, he is Carter on steroids.



No comments:

Post a Comment