Give Me Liberty!!!!

Give Me Liberty!!!!

Friday, November 20, 2009

Where are the construction Jobs you Promised?

I almost fell out of my seat a few weeks ago when the White House 'randomly' reported on the Friday before the key Gubernatorial elections in NJ and VA that the stimulus package had saved/created 1M jobs. I talked to a construction executive guy who told me "i wanted to throw my shoe through the TV when I saw the news."

Now we have the state unemployment data to look at. Some would assume this would be more accurate is its actually measured by claims and real data from real companies vs. the data collection system employed by the stimulus monitors that make up new congressional districts and double-count jobs that don't exist in the first place.

"Nearly four out of every 10 job losses in the Buffalo Niagara region came from local manufacturers and construction firms, which have been hit especially hard by the recession and tight credit markets."

"The region had 8 percent fewer construction jobs last month than it did in October 2008."

""The biggest job losses are in the manufacturing, construction sector and a disproportionately high percentage of minorities are employed in construction."

It's a joke. But have no fear, big Government is here. Soon we will have a JOBS SUMMIT.

And, not to be outdone, the House plans a Jobs Bill.

That's confidence inspiring. Maybe this is why Americans, by a count of 3-1, prefer tax cuts to stimulus at this point. And possibly why more Americans find themselves leaning Republican than they did even in the Bush years.

This social experiment didn't take long to unravel. Too bad it will take decades to re-ravel (if you will.)