Quote:
Originally Posted by elchivito
Taking a read of the FULL quote in context makes the president's meaning pretty clear: Private sector growth is in positive territory, what's dragging things down is public sector job losses. Doesn't take a genius, what it takes is a desperate conservative willing to quote the president out of context in order to make a cheap shot point.
|
I believe, even in context,(4.3 million jobs had been added in the private sector in the last 27 months. ), Obama's statement still shows his ignorance of capitalism. 4.3 Million jobs is not enough--the job participation rate is still falling. His statement also betrays his desire to continually increase public sector hiring. Public sector employees must be paid by taxing the public sector jobs. Where else does the money come from? So Obama's "answer" to under-employment is to take ever more money from the private sector, and use that to hire voters in the public sector.
Mr. Obama needs some real world experience in the economy. I will vote in November to give hime that private sector experience.