Saturday, September 12, 2009

Job "Creation"

Larry Summers, Obama's chief economic adviser, consumed enough Diet Coke last week to blast him out of a slumber. Then he noticed the record-setting unemployment rate, held an interview with news media, and said it will remain "unacceptably high for a number of years."

So, in a play on Sheryl Crow and Obama lyrics, a change wouldn't do you good.

Larry, will you ever be able to explain to me how Obama can claim how he and Congress have created or saved 1 million jobs this year via the $787 billion, budget-busting, economic "stimulus" plan? The Obama administration's own numbers show 492,ooo jobs lost in July and August and 6.9 million total lost since the recession officially began. It sounds like fuzzy math and voodoo economics all over again, Larry.

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