Friday, February 7, 2014

The Economy Continues To Sputter Along

++ Non Farm jobs added in January were 113,000, leaving the unemployment rate at 6.6%. If the Jobs program and infrastructure bills had been passed last year,we would be at 5.1% and aiming to full employment. And we still don't known the total cost of the government shutdown. Paul Krugman reminds us today that if it weren't for the President and the Democrats, we would have embarked on full austerity and been like Europe where unemployment is double the United States.

++In other news,right before 42 Senate Republicans sent a letter to Harry Reid to bring the Iran sanctions bill to a vote,AIPAC issued a statement that the time wasn't right and basically flew the flag of surrender.

No comments:

Post a Comment