Reuters gleefully beams:
WASHINGTON - U.S. employers cut a smaller than expected 36,000 jobs in February, leaving the unemployment rate steady at 9.7 percent, bolstering views the labor market was on the brink of creating jobs.The Labor Department said Friday it was unclear how the severe snowstorms, which hit much of the country last month, had impacted payrolls. Jobs losses for December and January were revised to show 35,000 fewer jobs lost than previously reported.
Did anyone in the press ask if it was at all "clear" how the continued break-neck spending in Washington has impacted the job market? The threat of new taxes on employers (excuse me, "the rich")? Sorry, it just amazes me that some in the press will sooner attribute the continued mediocrity of the economy to a snowstorm (caused by global warming, no doubt) than to the enormous regulatory uncertainty of a Washington that seems determined to spend the United States into an unfathomable level of debt.
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Meanwhile, President Barack Obama promised 3.5 million jobs by 2010 during his presidential campaign, so the latest figures bring his jobs deficit to 8.3 million. Anybody seen those jobs? Anyone? Bueller?
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Didn't this president and Congress say back in January, after Republican Scott Brown snatched the Massachusetts seat that had belonged to Ted Kennedy for half a lifetime, that they would focus on jobs now? The vast majority of the news I've seen lately has been on healthcare. Part of me wonders if the president can do more than talk a big game. Another part thinks if Obama gets involved in trying to create jobs it will only lead to the kinds of command-and-control policies, runaway spending, huge debt, and burdensome taxes that have the job market in its current state. No one, not even Barack Obama, can tax and spend a people into prosperity.

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