Government Not Creating Jobs
President Barack Obama’s contention that the private sector is not really responsible for its own successes has a flip side: If it’s true that government is the engine of prosperity in America, why has the economy stalled?
Since January, the U.S. unemployment rate has hovered between 8.1 and 8.3 percent. This, despite Obama’s much-touted – and continuing – “stimulus” program.
In various ways, the government has spent trillions of dollars during Obama’s administration, attempting to jump-start the economy. But it hasn’t worked. Some economists fear a “double-dip recession” is approaching.
So, Mr. President, why hasn’t the “somebody else” you credit with creating success made it happen?