Saturday, March 6, 2010

Reid calls job losses a great day

Harry Reid calls it a "great day, only 36,000 lost their jobs today." Great for whom; the nation has an official unemployment rate of 9.7, but counting those who had given up looking for jobs the unemployment is nea 17 per cent.


According to a New York Times-CBS poll, only 6 per cent of Americans think the stimulus bill has created or saved jobs. They know that personally spending money like a drunken sailor does not improve their economic situation and the government wasting trillions does not translate into jobs, either. That 6 per cent must be congressmen and members of the Obama administration.

Now the congressional budget office estimates that Obama's budget is more than a trillion dollars worse that Obama had predicted. The nation's debt is skyrocketing; how much can our nation endure?

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