(H/T – The Senate Republicans)
Now that the Bureau of Labor Statistics has come out with the all-sector August jobs report, which shows a preliminary 216,000 job loss for August, it’s time to update the earlier private-sector-only post of 3.487 million private-sector jobs lost since the end of January. With the creation of 377,000 government jobs since the end of January, the economy has lost 3,110,000 jobs since then.
The Senate Republicans helpfully included a summary of what the Human Gaffe Machine Vice President Joe Biden (he of the three-letter J-O-B-S utterance) uttered to the Brookings Institution just yesterday:
“Analysts from Moody’s to IHS Global Insight to the Economic Policy Institute and others all estimate the Recovery Act has created or saved between 500,000 and 750,000 jobs. Matter of fact: Some notable economists suggest the number is as high as a million.”
That’s funny; even if one included only the government sector (which I believe the ObamiNation thinks is the only sector that matters), Porkulus fell short.
All I know, Steve, is that when you predict unemployment to top out at 8% and things to be rolling now, and the reality is it’s 9.7% and climbing, you’re headed for the anthill of history, and ant bites really friggin’ hurt.
BTW: Check out the new Racism czar: http://feedyouradhd.blogspot.com/2009/09/van-jones-named-racism-czar.html
I’ve been following that. Just another example of the Least Ethical Administration Ever. Don’t forget he’s also a Toofer Commie.
See-dubya guesses it’s a diversion from the repackging of the Chappaquiddick Memorial Death Panels Bill.
Ram government-run health care down our throats and into that mix and see what happens. Oh, and cap-and-tax and then the VAT they’re going to do after that.
Worst. President. Ever.
And not stupid … evil. This is intentional. Think Cloward-Pivin.