Jobs Report: As Nation Slips Into Third World Conditions, Administration In Outrageous Flail Mode – With Video

July 8th, 2011 (2) Posted By Pat Dollard.

Politico:

Austan Goolsbee, one of President Obama’s top economic advisers, walked into a contentious interview on CNBC Friday morning as he tried to spin the newest jobs report and call for an end to the “bickering” that he said has stalled economic growth.

“The president has taken responsibility that we have to do everything we can,” Goolsbee said when asked if the White House will take the blame for Friday’s poor jobs report. “It is his number-one priority. We wake up every day — what can we do to get the growth rate higher?”

Goolsbee said “hundreds of thousands of jobs if not millions” could be created if a payroll tax cut is extended, trade deals are passed, an infrastructure bank is created, a patent reform bill is approved and a deficit deal is reached. He also said that if those things happen, the unemployment rate would be 8.2 percent by the fourth quarter of 2012.

“I think these numbers from last month and this month are a call to action for Washington to stop the bickering, to stop the, frankly, dangerous actions that doing nothing will have for the economy, that we should do the things that there’s bipartisan agreement on that will create jobs and get the growth rate higher,” Goolsbee said.

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  • SlimReed

    The last time the government gave me a payroll tax break, I had to give it all back at the end of the year in income taxes. No thanks, I don’t need that kind of help again. And, as an employer, why would I hire someone because of a temporary and miniscule cut in what I send to FICA, FUTA, and SUTA?

  • Zeek

    The statist totalitarians are delighted with the destruction of the economy and the agony of the average citizen. Destruction is their objective, the first thing they think of when they awaken.

    George Soros’ plan is coming together.