Half Million More Jobs Lost

We have lost another half million jobs this month. This recession is not getting better like the Democrats promised. We paid a lot of money to end this recession and we are hemorrhaging jobs every month since the Stimulus and other jobs bills. We have yet to see a month were we have gained jobs. Even the worse recessions end at some point in time,usually in less then 18 months. When the Democrats let the tax cuts expire and we are all paying more in taxes do you think that will help or hurt the jobs market? If you think it will help then you need help. But what do you expect the employers to do when they are faced with the most anti-business and anti-employment administration in our lifetime? This admin. has made it hard for those "rich fat cat" employers to keep doing business in this country. And since this admin has taken office they have made everything but main street employment their focus. This admin has given added costs in health insurance that is being trickled down to the employee or consumer. But the left keep blaming Bush and the Republican Party even though Bush has been gone for almost  years now and Congress has been run by the Democratic Party for almost years now. When will enough be enough and when will this admin and the Democratic Party take responsibility for what they are doing to our economy? We told the left that this would happen. The left told us they would make things better. Who do you believe now? But the Democrats will offer more unemployment benefits to the unemployed while the Republican will offer a change in coarse so that the private sector can start to create jobs again without fear of reprisal from the government. At some point in time the unemployed will realize their is no such thing as free money for their vote. If you want a job then you need to vote against everyone that is in office now. Because that is the only way we will get the change we need to create jobs in this country again.

Conservatives Said The Stimulus Bill Wouldn't Create Jobs And They Were Right

A former official with the White House Office of Management and Budget says the net number of jobs created by President Obama's "stimulus" program is zero or worse.

 The White House is boasting that 650,000 jobs have already been saved or created under President Obama's economic stimulus plan, and that the program is on track to reach the president's promise of 3.5 million jobs by the end of next year. White House economic adviser Jared Bernstein says when adding in jobs linked to $288 billion in tax cuts, the stimulus plan has created or saved more than one-million jobs.

However, J.D. Foster, an economist at The Heritage Foundation, says the White House is making brazen claims about job creation during a time of rising unemployment.  He believes their figures are "fraudulent and misleading."

"In saying that, I'm not criticizing the calculation of the number that they've put out, but rather the interpretation.  What they have referred to in effect is a 'gross jobs created' number, and they ignore the jobs that their program has destroyed," says Foster. "And so you end up with a positive.  But when you look at the jobs that are destroyed by this program, they're to a first-approximation equivalent to the jobs they say they've saved or created, and you end up with at best a net zero -- and in all likelihood a significant reduction in employment because of this program."

The economist notes that in putting its best face forward, the Obama administration is predicting that the unemployment rate will go through ten percent and stay there until at least the fall, but the reality is probably much worse because the programs President Obama is pursuing to help the economy are "utterly ineffective" and are only adding to the national debt.