
How high can it go? Talk about your jobless recovery.
Republicans argue that an unemployment rate higher than it has been in more than a quarter of a century is evidence that the Democratic agenda isn’t putting Americans back to work. They say the situation will be made worse if Congress and President Obama enact a health care overhaul that will require $1 trillion in tax hikes and entitlement cuts to expand insurance coverage.
“Ten-point-two now makes it hard for the majority to sell their agenda,” said Rep. Dave Camp of Michigan, the top Republican on the tax-writing Ways and Means Committee.
“All I know is that Speaker Pelosi is trying to force her members to vote for a bill that the American people have soundly rejected,” added House Minority Leader John Boehner (R-Ohio).
Democrats counter that their agenda has kick-started a recovery on Wall Street, even if it hasn’t trickled down to the job market yet, and that Republicans are putting what they’ve begun at risk.
Trickle-down economics? Trickle-down economics! Has it really come to this?
