It’s an Obama world…
Only an Obama official could come up with an economic statement as asinine as this.
Thanks to extending unemployment benefits “millions of jobs were saved.”
Via Zero Hedge:
Secretary of Labor Hilda Solis made her ubiquitous post-NFP appearance on CNBC this morning and spouted the usual propaganda. However, while discussing how wonderful the ATRA was, the seemingly slap-happy Solis noted how great the fact that emergency unemployment benefits were extended for millions of people was – and that thanks to that (and the magic of the Keynesian multiplier), millions of jobs were saved. So, to sum up, paying people not to work, saved millions and millions of jobs?
And you wonder why this is the worst jobs economy since the Great Depression?