Filed under: Bureaucracy, Capitalism, Domestic Policy, Economy, Free Markets, Taxes | Tags: Monthly Job Reports, `A Bad Year So Far
Another dismal jobs report: only 142,000 new jobs were added last month. Sixty thousand below the lowest estimate. And 236,000 jobs were lost in September. President Obama will add the 142,000 jobs to the total he has created, ignore the jobs lost and decide he just needs to spend a bit more to get more money circulating in the economy or something like that.
The August total was revised much lower from 173,000 to 136,000. Job growth in 2015 has averaged 198,000 per month, compared to an average monthly gain of 260,000 in 2014.
You might notice that people are leaving Democrat run states in droves for states with lower taxes and less regulation. There are things that can be done to help out an ailing economy, but they are not in the Democrat playbook. Their answer is always to add another regulation, control a little more — that’s how you get to that bright Utopian future.
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