The accompanying story says that the unemployment rate shot up to 7.6% from 7.2%. This would be the highest since September 1992, which would be the last throes of the first Bush presidency. When are the people - the rubes, the Joe the Plumbers - going to get it through their thick skulls that Republicans are NOT good at ALL with money? And "the most job cuts since 1974" - hmmm, yet another Republican in office then too - either Nixon or Ford. This whole myth of Republicans being more frugal with the nations money is just pure bullshit and media spin.
I'm sure that Bush II is still obliviously "holding his head high." And the Republicans as a whole are still singing that same one-note opera: "tax cuts", "TAX CUTS!"
"TAX CUTS!!"
The recent "alternative" stimulus plan the Republicans put forward was 100% TAX CUTS! How fucking stupid can you get?!
598,000 jobs cut in January, most since 1974
WASHINGTON — The government says employers slashed payrolls by 598,000 in January, the most since the end of 1974, catapulting the unemployment rate to 7.6 percent.
The Labor Department’s report is grim proof the nation’s job climate is deteriorating at an alarming clip with no end in sight.
Job losses were far worse than the 525,000 economists expected. So was the rise in the unemployment rate, now at the highest since September 1992.
That's over one million jobs lost, JUST IN THE LAST TWO MONTHS. Original story is here.
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