DesideriScuri -> RE: Sooo " the sequester hits and nothing bad really happens.” (3/2/2013 5:27:52 AM)
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ORIGINAL: MrRodgers quote:
ORIGINAL: subrob1967 quote:
ORIGINAL: LookieNoNookie quote:
ORIGINAL: DomKen Spending has to be cut and revenue has to go up. The problem is doing it when the economy is still so fragile. We're talking about eliminating at least 1.5 million jobs, most of which are good paying industrial jobs. In a month will the intransigent Republicans be howling that the unemployment rate spiked? When some large percentage of those unemployed start drawing food stamps and other government services, inevitable with an unemployment rate near 8%, will those deficit hawks be so pleased with themselves? They'll be more than pleased. (And, it's closer to 200,000 jobs...but who's counting?) Maxine Waters told us it would be over 170 Million jobs lost... Make up our minds already[;)] I've been wanting to smoke what she's smoking for years. I don't think there are 170 million jobs total. Is there ? No, there are not. There are about 134M employed in the "non farm" category (includes private and public employees), and I also found an article stating there were 28M farm workers. That only adds up to 162M (roughly). To be certain, everyone is not going to lose his or her job. Maybe her totals included the job losses in China, India, et. al. from our reduction in spending?
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