Aug 22, 2010

White House blaming jobless numbers on congress

A Los Angeles Times blog report says:

Obama now blames poor job numbers on congressional inaction.

Wait! His party runs Congress!

Despite Vice President Joe Biden's April boast that administration stimulus spending would spur the economy to add a half-million jobs a month by now, initial unemployment claims jumped a half-million last week, the worst since last November, as national unemployment remains at 9.5% and the economy sheds 131,000 more jobs.
But before leaving for his ninth presidential vacation, 10 days at a secluded estate on Martha's Vineyard, Obama devoted four minutes in the White House driveway to a special statement on the latest disappointing jobs numbers.
No questions allowed because the president didn't want to explain why despite the administration's announced Recovery Summer Program, the jobs numbers have started going backward again after 19 months of promises and $787 billion in alleged stimulation spending. Because, faced with the uncertainty of the economy and the certainty of new taxes after Nov. 2, employers are holding back on hiring.

More here.