June 03, 2009

Obama Fails to "Save or Create" 532,000 Jobs in May

You don't say.

See, when I listened to O-bots sing the praises of Mr. Obama over the last 2+ years, I got the impression that the engine of the world turns merely on a glimmer of hope, a sprinkle of change, a vote for a Democrat and a perhaps baby's smile. Sadly, it seems they were mistaken:

NEW YORK (Reuters) - U.S. private employers chopped more than half a million jobs in May, signaling job conditions remain tough and dashing some hopes the economy was not deteriorating as rapidly as thought, a report on Wednesday showed.

U.S. companies axed 532,000 jobs last month, though this was fewer than the revised 545,000 jobs lost in April, according to the ADP National Employment Report.

I was told that if I voted for John McCain, there would be incalculable financial disaster and job loss due to the political elite's disregard for sensible fiscal policy coupled with an addiction to radical deficit spending and corrupt pork-barrel politics. And they were right!

By Good Lt. at 11:54 AM | |