« on: June 19, 2011, 05:41:16 AM »
A nice piece in
Investor's Business Daily.The Economy Dems Now Own
Posted 06/16/2011 06:22 PM ET
Politics: The head of the Democratic National Committee says the administration has turned the economy around. So let us give discredit where discredit is due.
Joe Biden should sue DNC chief and Florida Congresswoman Debbie Wasserman Schultz for copyright infringement based on her statement at a Politico breakfast. We thought the vice president had a monopoly on statements completely detached from reality.
"We own the economy," Schultz said. "We own the beginning of the turnaround, and we want to make sure that we continue that pace of recovery, not go back to the policies of the past under the Bush administration that put us in the ditch in the first place."
That's right, Debbie, you guys own the economy, though you might explain President Obama's chuckle about those shovel-ready jobs not being as shovel-ready as he thought. Does your "pace of recovery" include an official rate of unemployment of 9.1% after a failed trillion-dollar stimulus was supposed to cap it at 8% and force it downward?
That official rate, based on a monthly survey of sample households, counts only people who reported looking for work in the past four weeks. It doesn't account for part-time workers who want to work more hours but can't, given the tight job market. And it doesn't include those who have given up trying to find work.
Oh, it's good. More at the link:
http://www.investors.com/NewsAndAnalysis/Article/575575/201106161822/The-Economy-Dems-Now-Own.htm
Logged
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