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Austerity Is Not to Blame for Tepid Job Growth
Investors Business Daily ^ | 04/05/2013

Posted on 04/06/2013 10:32:02 AM PDT by SeekAndFind

Democrats were quick to blame the anemic March jobs number on the "sequester" spending cuts. If that were the case, what explains the previous four years of lousy job growth under Obama?

At 88,000, the jobs growth in March was well below expectations. And while the unemployment rate dropped, that was the result of hundreds of thousands dropping out of the labor force who as a result aren't counted as unemployed.

Democrats, of course, tried to pin the blame for this on Republicans for allegedly pushing austerity measures.

White House economic adviser Alan Krueger complained that "arbitrary and unnecessary cuts to government services will be a head wind in the months to come."

His predecessor in that job, Austan Goolsbee, worried that "maybe the sequester's a bigger deal than people thought it was."

And Sen. Majority Leader Harry Reid argued that "self-inflicted setbacks like the sequester" were behind the tepid jobs growth.

It didn't take long for the Democrats' amen chorus in the press to run with this spin.

"Friday's jobs report is the first to reflect the post-sequester world," is how Politico put it.

The Huffington Post said "austerity may be starting to squeeze the life out of the job market."

Just one problem: There's nothing unusual about this month's jobs report, and there's been no austerity.

(Excerpt) Read more at ...

TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: austerity; jobs; unemployment

1 posted on 04/06/2013 10:32:02 AM PDT by SeekAndFind
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To: SeekAndFind

How many people in Detroit are collecting ‘Disability’?


And that’s not the worst of it - they’re destroying a program for people who really ARE disabled. A dem twofer...

2 posted on 04/06/2013 10:34:31 AM PDT by GOPJ (New AP term for Illegal Aliens IS Undocumented Democrats.... Jay Leno)
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Bring. Back. US. Jobs.


Do not buy imports. Nothing from an import helps America.


Buy American again.

3 posted on 04/06/2013 10:38:23 AM PDT by Cringing Negativism Network
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To: SeekAndFind

So the crappy numbers from 2008-2010 were Bush’s fault. From 2010-2012 was the Tea Party’s fault and 2013 it is the Republican congress’s fault.

Nowhere is Obama or the Rats mentioned.

I think Times 2013 man of the year should be the low information voter.

4 posted on 04/06/2013 10:38:40 AM PDT by EQAndyBuzz (The reason we own guns is to protect ourselves from those wanting to take our guns from us.)
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To: SeekAndFind

“Austerity” is a stupid term, government should live within its and our means, and it would help the economy in a sensible world

5 posted on 04/06/2013 10:39:12 AM PDT by GeronL (
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To: SeekAndFind

What “Austerity?”

Spending is still headed up.

6 posted on 04/06/2013 10:41:50 AM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: SeekAndFind
Such lying to the American voter about the results of cutting back on government spending by just a miniscule percentage amounts to fooling the people in order to enslave them.

Back during the election campaign, Bill Clinton's "full employment" claim on behalf of Obama's redistributionist policies waas ludicrous on its face, and Clinton knew it!!

In order for Republicans to convince citizens that such claims are outright fantasies, they must expose the fraudulent and tyrannnical, but appealing, ideology so well understood and hidden in the semantics of Obama's "I'll take care of you" message and the chattering class of so-called "progressives" who rave about him.

Those who call themselves "conservatives" must do a rapid job of educating voters about America's founding principles which, if understood today, would expose, rebut, rebuke, and avoid the tyranny of any "class warfare" or "redistribution" ideas which tyrants might use to enslave individuals.

For instance, on the "taxing the rich" meme, Democrats, under Obama, acknowledge the taxing power as useful for restraining motivation toward what they deem to be undesirable behavior.

On the other hand, they deny the certain fact that "taking," or taxing productive citizens also discourages and restrains motivation, innovation creativity, productivity and plenty.

They now have endangered the liberty of millions yet unborn with their illogical arguments on behalf of "taking" and "redistributing" the earnings of hard-working Americans. They claim they are "taking care" of those who elected them. Their "taking care" amounts to enslaving every citizen, born and unborn, for generations to come.

Their claims would fall on deaf ears, if most citizens understood their Constitution's limits on the powers of government. Hear what some of the Founders said about the policies of today's "progressive" Democrats.

"To preserve [the] independence [of the people,] we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:39

"I deem [this one of] the essential principles of our government and consequently [one] which ought to shape its administration:... The honest payment of our debts and sacred preservation of the public faith." --Thomas Jefferson: 1st Inaugural, 1801. ME 3:322

"I sincerely believe... that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale." --Thomas Jefferson to John Taylor, 1816. ME 15:23

"[With the decline of society] begins, indeed, the bellum omnium in omnia [war of all against all], which some philosophers observing to be so general in this world, have mistaken it for the natural, instead of the abusive state of man. And the fore horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:40

"Is it now high time for the people of this country to explicitly declare whether they will be free men or slaves. It is an important question which ought to be decided. It concerns more than anything in this life. The salvation of our souls is interested in this event. For wherever tyranny is established, immorality of every kind comes in like a torrent, it is in the interest of tyrants to reduce the people to ignorance and vice.” - Samuel Adams


“The utopian schemes of leveling and a community of goods, are as visionary and impractical as those which vest all property in the crown. These ideas are arbitrary, despotic, and, in our government unconstitutional.” - Samuel Adams

American citizens who love freedom need to "conserve" the founding ideas on behalf of future generations, if liberty is to survive!

Shame on all who use their voices to mislead "the People."

We need a new generation of citizens who, like Thomas Jefferson, James Madison, and all the other Founders will warn citizens of the dangers of allowing their representatives in government to "take" (tax), spend, and reduce a once-free people to the "wretchedness and oppression" common throughout all the world.

7 posted on 04/06/2013 10:49:45 AM PDT by loveliberty2
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Documentation File on the harmful impact of the Counterculture of Obamanation on America.

Barry Soetoro, aka B. Hussein Obama, first Inaugural quote: “I want to FUNDAMENTALLY CHANGE AMERICA!”

8 posted on 04/06/2013 1:39:16 PM PDT by Graewoulf (Traitor John Roberts' Commune-Style Obama'care' violates U.S. Constitution AND Anti-Trust Law.)
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