Well, well, the new job figures are out for the month of June and I'll bet all of you hate-Obama nuts who doubted his plan to put Americans back to work are feeling really, really sheepish right now. All you idiots on the right said his stimulus plan was a waste of money and made no difference, and all of you naysayers on the left whined about how his stimulus package wasn't big enough. Hah! Well suck on this: Obama created 18,000 new jobs last month!! Yup, 18,000 new jobs. What do you have to say about that?!
What do I have to say about it? DUH! The evidence is increasingly clear that Obama made bad choices and he's going to pay for it, as he should. He's looking more and more like Herbert Hoover, but unlike Hoover he has no excuse for making bad choices because Hoover's failures are well documented.
How bad was this news today? Get this, economists were predicting 105,000 new jobs last month, which would have been bad enough, but a measly 18,000 new jobs? Horrific!
Employers added 18,000 jobs in June, a trivial number in a country with 150 million workers, and the unemployment rate rose to 9.2 percent from 9.1 percent, the Labor Department reported. It was a far worse report than expected: Economists had forecast 105,000 new jobs.
The jobs survey was exceptionally bleak even beyond those headline numbers. Job growth in April and May was revised downward by a combined 44,000 positions. Temporary employers, often a leading indicator of future activity in the labor market, cut 12,000 jobs. And roughly 272,000 Americans dropped out of the labor force, perhaps out of frustration with their job prospects. The unemployment rate would have risen even higher had they continued their job hunts.
Republicans were quick to bash Obama,
"The president always tells us he inherited a bad situation,” House Republican Conference Chairman Jeb Hensarling (Texas) said at the news conference with House Speaker John Boehner (Ohio) and other GOP leaders. “I concede the point, but he has made it worse, and after 2 1/2 years, it is time for him to take responsibility and answer the question, ‘Where are the jobs?’”
Of course, much of Obama's failures can be laid directly at the feet of those assholes, for they have done NOTHING, not one damn thing, to help create jobs. In fact at the state and local level Republican governors have gone on a job cutting orgy!
The steepest losses in June, as they have been throughout 2011, have been in government jobs. With state and local governments slashing workers by the tens of thousands to try to get their budgets balanced and the federal government posting heavy job cuts, as well, overall government employment fell by 39,000 positions in June alone. That followed 48,000 in jobs cut in May.
And we know this is just the beginning.
Not only that, but when you insist on reducing the nation's deficit by slashing it's budget, you are going to end up losing a lot of jobs, not just government jobs but those in retail businesses where they used to shop.
But, the Republicans are busy starving the beast which will end up starving innocent Americans. And guess who is cheering them on? President Barack Obama. I feel sick.
--Trakker

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