Jobs

Campaign For Liberty: "Excluding temporary census workers, only 25,000 private sector jobs were added in May, less than 20% of the number needed just to keep pace with the growth in the workforce. The President's crack team of Keynesian number crunchers had forecasted around 500,000.

Mr. Obama somehow managed to blame businesses for the blown call, chiding them for unwarranted hiring reticence in the face of an expanding GDP. In doing so, he displayed an unnerving lack of understanding of how jobs are created and how GDP is aggregated.

Businesses do not hire workers to grow the economy, to make a President's economic recovery plan work, or to keep some magic ratio to GDP; we only hire workers to meet increased demand for our products and services. And demand is not growing, it is shrinking."