Are liberal Obama worshipping Keynesian douchebags the most predictable people on earth? Barack’s lapdogs, posing as economic experts, are immediately trotted out to spew lies about the payroll report. Do you know anyone who has lost their job due to the sequester? The Challenger & Grey report yesterday showed that 2.9% of the layoffs in March were government jobs. It totaled 1,448 jobs. The gibberish being spewed by these representatives of the status quo is nothing but bold faced lies. The sad thing is that more than 50% of the wilfully ignorant public will believe this crap because they don’t want to think. They want a storyline they can grasp onto. Jobs are being lost due to higher taxes on consumers and small businesses. Jobs are not being created due to the fears about Obamacare. Jobs are not being created because Ben Bernanke’s policies do not encourage saving and investement – they encourage reckless speculation and consumption.
“This is a punch to the gut. This is not a good number. And I think now you’re going to interestingly start seeing a lot of discussion about maybe the sequester’s a bigger deal than people thought it was.” — Austan Goolsbee, former chairman of President Barack Obama’s Council of Economic Advisers, in an interview on CNBC.
“It is important to bear in mind that the March household and payroll surveys are the first monthly surveys to look at employment since the beginning of sequestration. While the recovery was gaining traction before sequestration took effect, these arbitrary and unnecessary cuts to government services will be a headwind in the months to come, and will cut key investments in the Nation’s future competitiveness.” — Alan Krueger, chairman of President Obama’s Council of Economic Advisers.
“This jobs number probably isn’t the fault of the sequester. But it’s evidence that the economy can’t take the sequester right now.” — Ezra Klein, Washington Post writer, @ezraklein