Posted on 06/05/2011 2:10:30 PM PDT by Son House
"Our effort now as a government should be to get the private sector to help them stand up and lead the recovery," Goolsbee told "This Week" anchor Christiane Amanpour, citing efforts on regulatory review, while maintaining policies such as reduced payroll taxes through the end of the year. "We've got to rely on policies that are trying to leverage the private sector and give incentives to private sector to be doing the growth."
Goolsbee cautioned against reading too much into the report, saying "stiff headwinds" from shocks such as the disaster in Japan and higher gas prices impacted the employment picture in May.
Goolsbee maintained that "the trend is really clear" on positive job growth in recent months, when the economy added one million jobs in the private sector.
"Don't make too much of any one month's job report because they are highly variable," said Goolsbeenoting that the economy has improved dramatically from the picture two years ago. "After the last recession, in this comparable period, post-recession, we had lost 100,000 jobs. We've added more than two million jobs."
Despite the monthly numbers being below expectations, Goolsbee said that we are not in a jobless recovery.
"There's a major difference between a jobless recovery and a very deep hole that we are climbing our way out of," Goolsbee said. "And that is the position we're in."
"What we know is that we have moved a long way from when the economy is in a rescue mode, the private sector was in freefall and the government is only thing standing between us and falling into another great depression," he added.
"The president has never stopped talking about jobs," Goolsbee said. "For him, the growth strategy is the number one issue."
(Excerpt) Read more at abcnews.go.com ...
It means they're paying lip service because they're too biased to do what's right.
This president is about jobs, job and more jobs. No other president has ever created as many jobs as has Obama.
The “stiff (sic) headwinds” are basic economic principles.
Get out of the way and let the headwinds of a free market blow us back to prosperity.
I believe that to be a 100% bald-faced lie.
Stiff headwinds created by a pres__ential blowhard.
Riiiight. Obama's idea of 'help' is more regulations and rules.
On their paper with their ink.
It is possible 2 million were created, but 5 million were lost and nothing is helping the winds carrying jobs and capital offshore.
Ping, thought you might have comment for this.
When did they figure out there’s a private sector??
Did Weiner have to Tweet them a photo of it?
Yeah, when did the ‘economic justice’ lose the #1 spot?
LIAR!
The stiff winds are those trade winds from Asia.
Goolsbee isn’t the only one saying more than 2 million private sector jobs added in the last 14 months; State run media regurgitates it with no clarification.
May. 6, 2011
http://www.indystar.com/article/20110506/NEWS/110506010/Obama-want-energy-breakthroughs-Indiana?odyssey=tab|topnews|text|IndyStar.com
“That means over the last 14 months,” Obama said, “we’ve added more than 2 million jobs in the private sector.”
http://www.monstersandcritics.com/news/business/news/article_1637565.php/Hiring-picks-up-but-US-jobless-rate-up-to-9-per-cent
White House Press Secretary Jay Carney pointed out to reporters that April was the 14th consecutive month of growth in private sector employment, for a total of 2.1 million jobs
150,000 per month, on average.
It’s my understanding we need twice that just to keep up with population growth.
Oh, so that’s it. Those were “stiff headwinds” I was hearing as the cashier rang up my groceries yesterday! I thought I was having a stroke.
How many private sector companies, along with whole sectors like energy and fast food, have they targeted while saving us from the Greatest Depression?
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