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?
No interest in getting involved in politics here – but have the R’s done anything that would get the country out of the double-digits?? If so, that’s HIGHLY worth posting about.
Thanks for commenting HI. As you undoubtedly know, the Rs are completely without power in the Executive Branch, so about all they can do is try to stop the Ds from making things worse.
Business, especially small business, creates jobs–not government. And when gov’t policies create uncertainty (higher taxes, deficit spending) businesses stop hiring.
However, they held the Executive Branch for 8 years before Obama took office– the period of time that set off the current economic meltdown. I know you like to refer to the President as “The One” but it is simply unrealistic to expect him to turn things around in one year.