July 6, 2012
Another month, another anemic jobs report with only 80,000 jobs added last month and the unemployment rate staying at 8.2 percent.
Of course, the Democrats are blaming the Republicans and the Republicans are blaming the Democrats. The policies of neither party are doing much, or will do much, to spur job growth. The 2008 recession was not like other recessions, it did not merely represent a slow or even contracting economy, it was perilously close to a free-fall, and it scared the living bejeezus out of most investors and entrepreneurs. They will hire when the must, and not a moment sooner. And, with government jobs contracting due to budget cuts, this anemia is not going away anytime soon.
