OBAMA'S CORRELATION: Jobless Rates Rise in Most U.S. States - Real Time Economics - WSJ
It is now clear that Obama thinks that if he takes the money out of the producers in the economy to hand out as entitlements then more jobs will be created.
Oh, wait a minute, he doesn't care about jobs! He just wants a bigger government with more money to hand out.
We saw what happened in 1937/38. Some blame tight money; but, since money is now loose as can be, it can't have been tight money that through the economy back into recession back then.
Thus, logically, it was Roosevelt's higher income taxes and new empowerment legislation for unions.
Oh my, exactly Obama's prescription for the US. Did we say jobs or jobless?
Can we make the correlation?
Friday, July 22, 2011
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