Sunday, July 8, 2012

Big Government Is To Blame For Job Losses

Opinion/Editorial


                                                            


       GOP To Blame for Weak Jobs Numbers is what Real Clear Politics has it as on their web site.But the title that the New York Times has it as is "The Square Off Over Jobs" gee I wonder why.
It begins "There’s no solace in the employment report for June, released Friday. The economy added a paltry 80,000 jobs last month, leaving no doubt that the economy is slowing. In the past three months, the economy averaged 75,000 new jobs a month, compared with 226,000 in the prior three months. The jobless rate in June held steady at 8.2 percent, which is down from the recession peak of 10 percent in October 2009 but still very high."
    So how can the GOP (not that I am defending them anymore) be blamed when they only run the U.S.House of Representatives.Who is the Majority in the U.S. Senate? or does the NYT and the rest of the lame stream media forget.
   Could it be because of the BS Stimulus $pending and even the TARP under the last BUSH Administration (which Obama as a US Senator supported along with FORMER Speaker Pelosi).
  It goes on spinning "Who is to blame? How can it bThe question then is why the recovery under Mr. Obama has not been stronger. Part of the answer lies beyond the control of any American politician, including the euro zone crisis and, more recently, the slowdown e fixed?" Here is where the blame game begins.
  "On the campaign trail, President Obama has explained correctly that recoveries from financial crashes are tortured affairs and that it was an achievement to get the economy growing again a mere six months after he took office. For that, he credits the 2009 stimulus he pushed through Congress, a point well supported by public- and private-sector economic analyses. It’s also worth noting that job growth in the current recovery has actually outpaced the job growth following the Bush-era recession in 2001. The recovery is not unusually weak; what is atypical is the length and severity of the recession that Mr. Obama inherited."BBS blame Bush syndrome (with the exception of the aforementioned TARP).Inherited same old BS excuses instead of solutions.
   Here is more BS more blame game "The question then is why the recovery under Mr. Obama has not been stronger. Part of the answer lies beyond the control of any American politician, including the euro zone crisis and, more recently, the slowdown in China. But part is the result of obstructionist Republican politics, including the fiasco in 2011 over raising the debt ceiling, which dented confidence in Congress’s ability to steer the economy."

This NYT OPED originally ran on July 6,2012
 
  

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