Editorial
Investor's Business Daily
December 3, 2010
Employment: President Obama may have pulled "the car out of the ditch," but he left the jobs engine behind, judging from November's weak jobs report. Yet he remains wedded to a job-killing tax hike?
The Labor Department report confirms not only a jobless recovery, but the failure of Obama's neo-Keynesian economic policies. It's time to give them up, and gracefully negotiate with Republicans over more effective alternatives.
The president's stubborn pride is prolonging the agony of 15 million Americans still out of work (not including discouraged workers who no longer show up in the numbers).
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