Job Numbers Hype: It’s Bad Politics and Worse Policy

Posted: February 5, 2012 in Capitalism, Politics, Socio, The People's History
Tags: , , , , , , ,

Here’s the real story: Government intervention has created millions of jobs. But those interventions were too small, so we’re still years away from fixing the problem. To claim anything else is to reinforce the delusions that created the problem in the first place.

If the president and his supporters make that case clearly and forcefully, the country will be able to choose between competing visions in November. It’s more likely to choose an end to its misery. The pitch is pretty simple, really: The medicine’s working, but let’s not stop before the patient gets well. And despite this month’s report, the patient is still very, very sick.

Help is needed urgently.

via Job Numbers Hype: It’s Bad Politics and Worse Policy | Crooks and Liars.

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