Saturday, December 4, 2010
To the shock of absolutely no one except the experts, unemployment rose again in November to 9.8%...creating holiday visions of empty stockings for the millions of people whose unemployment benefits are about to expire, and for whom no new jobs are on the horizon. The broader index which includes former job seekers who have given up all hope (the so-called "Obama Unemployed") remains at a staggering 17%...a number which even jolly old Santa can't laugh off.
But the Democrats can!
Those mischievous elves in Washington are actually using the final days of their lame duck session trying to kill more jobs. For instance, the Democrats want to raise taxes on the small businesses that do most of this country's job creation... thereby killing their ability to expand, and probably making it necessary to lay off employees.
And big business is on the Democrats' "naughty" list too - which is why they're proposing a massive increase in capital gains taxes which will encourage investors to pull their money out of the stock market when businesses need it most. And when investor capital dries up, employees lose their jobs.
And so, once again this year, destruction of our economy is the great gift that Democrats are giving the country for Christmas. When all we really wanted was a long overdue visit from some wise men.