We've cut a 3 trillion hole in the budget for the next three years for tax cuts he said were going to create 344,000 jobs each month starting in August, and things are going in the opposite direction,
More Quotes from Lawrence Mishel:
The payroll survey is the best measure of the absolute amount of employment and employment trends, and this is really quite a pessimistic report.Lawrence Mishel
The administration projected the economy would gain 306,000 new jobs each month once the tax package was passed, ... So far, this has been a profound failure.
Lawrence Mishel
The increase in unemployment and the lack of job creation has dramatically altered the beneficial dynamic that prevailed in the latter half of the 1990s, when tight labor markets and faster productivity growth fueled broad-based wage gains.
Lawrence Mishel
We hope this report will clear the fog, create a better understanding of the true challenges we face and the progress we've made.
Lawrence Mishel
The labor market is crying for help. The government could write a check from Treasury to every man, woman and child right now for 400. All this bickering about the shape of a dividend tax cut is a distraction from how to get consumers spending right now.
Lawrence Mishel
Readers Who Like This Quotation Also Like:
Based on Topics: Budgeting QuotesTeach a child what is wise, that is morality. Teach him what is wise and beautiful, that is religion!
Thomas Huxley
There are three terrible ages of childhood - 1 to 10, 10 to 20, and 20 to 30.
Cleveland Amory
The problem of Italy is not really a question of age. Japan has an older population, and it is now in full economic recovery. The problem is that Italy is old in the structure of the society.
Romano Prodi