The government does not create jobs. If the government is working well, it creates an environment where the private sector can create jobs.
However, some of the rhetoric coming out of Congress right now is amazing. Howie Carr at the Boston Herald posted an article today on some recent statements by Representative Nancy Pelosi on the economy. The article reports some of her statements:
Late last month, at a fund-raiser in her hometown of San Francisco, she discussed those wonderful days of 2007, when the Democrats retook control of the House and raised the minimum wage. It hadn’t been increased for a decade.
“They’d have to live on credit cards, and what are they doing when they’re doing that? They’re paying fees to the banks.”
“You wonder, do their children breathe? Do they drink water? Why do they not care? But they don’t. But they don’t.”
“Imagine that they are protecting the tax cuts for top 2 percent, it’s really more higher than that, lower than that, I mean a higher number — percentage of people excluded for who they’re looking out for.”
“And it’s a stunning thing because it’s a few people amassing money that doesn’t really make a difference in their quality of life.”
“What more do they want? They have enough homes, the yacht, ya-da-da-da, the tall masts, the whole thing, they have museum-quality art.”
“They want immortality. They want so much money . . . for prestige they could never get any other way.”
Ms. Pelosi made additional comments today on why the unemployment numbers are low. The Hill reports:
“We cannot afford another 241 days of Republican refusal to pass jobs legislation,” Pelosi said in a statement. “The only plans offered by Republicans have not only failed to create jobs — they actually have destroyed them.”
I don’t like to confuse things with facts, but the Democrats controlled the House and the Senate up until January of this year. The Democrats still control the Senate and the Republicans do not have the numbers to block any legislation. The Republicans in the House have passed budget and plans for the deficit. The only budget suggested by the Democrats was suggested by the President an voted down unanimously.
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