Hope Walz Says Republicans' Obsession With Old State Flag Is Like a Racist...
Appeals Court Says Administration's Argument to Allow the IRS to Share Data With...
A Call From the 83rd Floor, a Mother’s Life’s Work, and a...
MS NOW’s New Membership Service Allows Users to Talk to Rachel Maddow, Joe...
The Actual Problem in the Clancy Mistrial Wasn’t the Holdout — It Was...
Joy Reid Couldn’t Wash It Off: Wajahat Ali Goes Shopping for a New...
Arlington County to Pay Families of Wage-Earners Detained by ICE Up to $2,000
Danbury, Connecticut City Council Votes to Allow Noncitizens to Be Hired As Police...
Caught on Tape: Nebraska 'Independent' Admits He Only Backed the Wall to Win...
Site Runs 'Hit Piece' on CA Assemblyman Who Sent $6 Million to His...
'Do Us a Favor and Stay Home': Families Confront Mamdani Over 9/11 Ceremony
CNN’s Anderson Cooper Examines the Need for Climate Justice ($$$) in Nepal
American Heroes of 9/11: Welles Crowther
Cartoon Cancer: Animated Gavin Newsom Says Having the DSA Under the Dems' ‘Big...
Prof Says ‘Someone Can Do the Funniest Thing’ to Nick Shirley Before the...

Surprise! White House cites sequestration 'headwind' in statement on awful jobs report

Advertisement

It’s not just left-wing pundits and groups like the Center for American Progress trying to tie today’s dismal jobs numbers to “sequester spring.” Now the White House is getting in on the dizzying spin. Unexpectedly!

Alan B. Krueger, chairman of the Council of Economic Advisers, published this statement on the White House blog:

It is important to bear in mind that the March household and payroll surveys are the first monthly surveys to look at employment since the beginning of sequestration.  While the recovery was gaining traction before sequestration took effect, these arbitrary and unnecessary cuts to government services will be a headwind in the months to come, and will cut key investments in the Nation’s future competitiveness.  The Congressional Budget Office has estimated that the sequester will reduce employment by 750,000 full-time equivalent jobs by the end of the year.

Now is not the time for Washington to impose more self-inflicted wounds on the economy.  The Administration continues to urge Congress to replace the sequester with balanced deficit reduction, while working to put in place measures to put more Americans back to work like rebuilding our roads and bridges and promoting American manufacturing.

Advertisement

What say you, President Finger-Pointer?

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement