Friday, July 8, 2011

Republicans: "Uncertainty is bad for the economy... but it's good for us."

The June new jobs number came out this morning. A disappointing 18,400 jobs were crated last month. Could it be because businesses have no idea where budget negotiations in Washington are headed and what impact any resulting deal will have on their bottom lines? That's the argument Republicans always use against the Obama administration. But in June, it was Republican intransigence that stalled talks and heightened uncertainty. Bad for the unemployed. Good for the Republican candidates who have nothing new to propose and must distract from that fact by blaming Obama for the current economic woes.

Once again, mission accomplished.

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