The numbers are not good. Unemployment at 9.4% and likely heading for 10%. And slowing job “losses” is not a sign of recovery. Even the Vice President admits, the stimulus money is not stimulating … and the pace of the spending has to be accelerated. But as I point out in this post, you can speed it up all you want, all the stimulus money is doing is funding public sector jobs and sucking money from the private sector where permanent jobs are created. The result will be, at best, a stagnant economy.
Neil Cavuto had this exchange with VP Biden’s economist Jared Bernstein. Bernstein challenges Cavuto’s knowledge on the Czars and as you will see that turns into a smackdown. The tables turn when Cavuto contends the Czars are accomplishing little.
Speaking of Czars … what’s a great lakes czar?