July’s employment report, with a loss of 131,000 jobs and an unemployment rate of 9.5 percent, underscores the utter failure of the Obama administration’s policies. This is not a summer of recovery.

On Tuesday Secretary Geithner said that unemployment would rise as more people entered the labor force: “When they see a little hope that there may be jobs out there, they start to come back in again.” But in July 181,000 workers left the labor force because there is just no hope out there.