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 ...
We were/are in freefall BECAUSE of the government.
The government didn’t come to the rescue of the private sector, the government destroyed/is destroying the private sector.
The government doesn’t produce wealth, they spend others wealth.
What absolute manure!
What we do need is a general strike and a “jobless army” march on DC complete with tent city.
http://www.bls.gov/web/empsit/cpseea38.htm
According to the BLS the work force decreased by about 2 million in the last year.
So, naturally, that translates into 2 million jobs created- in the “Hail Obama” language of the media...
These are the same boobs that say that Obama’s rescue of the auto companies saved millions of jobs. If you take off the Keynesian blinders, it should be obvious to anyone not a Democrat office-holder, that putting the auto companies through a packaged bankruptcy would have kept the same jobs (but not the dominant UAW) and not cost the taxpayers anywhere near the billions spent! Instead they felt free to wipe-out the investors to save their union voters.
After all, he IS the messiah in the eyes of the media thus they cannot see any human traits in him such as (gasp) "wrong doing".
............”The president has never stopped talking about jobs,” ........................
“The president has never stopped talking about UNION jobs,”
there; fixed it!
15 months would cover all that census hiring, rehiring and re-rehiring last year.
.....................”The president has never stopped talking about jobs,” Goolsbee said. “For him, the growth strategy is the number one issue.”........................
Yeah that’s the ticket, jobs are issue #1!
It’s just that porkulous; Obamacare; giving the auto industry to the unions; Dodd-Frank, bashing Isreal; green energy and cap & trade; bowing to dictators around the world; loading up SCOTUS with a bunch of unqualified bimbos; daily TOTUS speeches; making up the phony birth certificate; a whole load of vacations; 71 rounds of golf; and trying to keep the Wookie in new frocks, just got in the way.
Don’t blame me, it’s all Bush’s fault!
A ‘cashier rang up my groceries yesterday’ wouldn’t have nothing to do with market forces, would it? How conservative!
Yes, that “the growth strategy” is a little worrisome coming from this bunch too, did you know they saved the US from another Great Depression too, without the private sector...
Goolsbee was on Bloomberg TV,Solis on CNBC and of course odumbo at the Chrysler plant after the employment numbers came out. The first two at the same time. The idiot a little while later. They all said almost the same exact thing. Headwinds. Some job number created over the past 6 months. The point being not that they knew the figures would suck but that they knew the figures ahead of time,enough time to come up with talking points. Pure damage control. Its a good sign that they feel the need to circle the wagons. They know the idiot is toast.
From a political standpoint, they finally figured out paying pubic unions, private unions, bailing out their buddies on wall street with trillions of taxpayer money isn't going to create jobs.
Now that it's election time, we better make sure the pubic knows we are really, really, really trying to help main street by saying a bunch of words but doing nothing because they have nothing left to do
In the end they will blame big business and greedy corporations for not hiring people when all along they should have taken their heel off the throat of america and let free enterprise and capitalism work it's magic
The best and fastest way for them to help private sector is GET THE HELL OUT OF THE WAY
Stiff headwinds would slow a sailing ship. Sailing ships have not had a damn thing to do with the economy for well over 100 years.
This bunch thinks they are living in the mid-nineteenth century. That sure explains a lot. This bunch really are goofy. And as further evidence, my spell check says that Austan Goolsbee doesn't even know how to spell his name.
The private sector tailwind that has always let us prosper can't beat the headwinds that Obama, Goolsbee, and their ilk have artificially created to inhibit the natural airflow of capitalism.
My seven-point plan to revive the US economy
The combination of too-big government, business-unfriendly taxation, and an out-of-control Wall Street is literally killing the US economy. Clean up the mess in the method I suggested and the US economy will come roaring back, along with the economy of the rest of the world.
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