No Worries
Posted: Fri Jun 08, 2012 3:15 pm
Obama: 'The Private Sector Is Doing Fine'
President Barack Obama said the private sector is "doing fine" Friday, citing the slowdown in state and local government hiring, and calling on congressional Republicans to consider aid to them.
"We've created 4.3 million jobs over the past 27 months. The private sector is doing fine," said Obama. "Where we’re seeing weaknesses in our economy have to do with state and local government, oftentimes cuts initiated by, you know, governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don’t have the same kind of flexibility of the federal government in dealing with fewer revenues coming in."
Since Obama took office, about 607,000 fewer people work in the public sector. State and local governments, unlike the federal government, generally have to balance their budgets, and with fewer revenues, spending cuts have forced layoffs.
http://www.huffingtonpost.com/2012/06/0 ... 81419.html
Old Pudfark sez: " Easy to say....when ya got a life time pension and health care benefits.....if'n ya don't spend the system......completely broke.... "
President Barack Obama said the private sector is "doing fine" Friday, citing the slowdown in state and local government hiring, and calling on congressional Republicans to consider aid to them.
"We've created 4.3 million jobs over the past 27 months. The private sector is doing fine," said Obama. "Where we’re seeing weaknesses in our economy have to do with state and local government, oftentimes cuts initiated by, you know, governors or mayors who are not getting the kind of help that they have in the past from the federal government and who don’t have the same kind of flexibility of the federal government in dealing with fewer revenues coming in."
Since Obama took office, about 607,000 fewer people work in the public sector. State and local governments, unlike the federal government, generally have to balance their budgets, and with fewer revenues, spending cuts have forced layoffs.
http://www.huffingtonpost.com/2012/06/0 ... 81419.html
Old Pudfark sez: " Easy to say....when ya got a life time pension and health care benefits.....if'n ya don't spend the system......completely broke.... "
