If you wanted to know how the left is going to spin today’s awful jobs numbers, look no further than The Center for American Progress’ Matt Yglesias who titles his post “The Ongoing Conservative Recovery.” Yglesias reasons:
Democrats in full control of the White House, the House, and the Senate for two full years? Never happened. $814 billion stimulus? Never happened. 2,000-page plus health and financial reform bills, not to mention the hundreds of thousands of regulatory pages that the bills will create? Never happened. HAMP? EPA global warming regs? Cash for clunkers? Auto bailout? None of this rings a bell?
And as far as the loss of state and local jobs goes, the number one driver of state spending is Medicaid spending. And Medicaid spending is much higher than it otherwise would have been thanks to the progressive expansion of eligibility under SCHIP.
The number of state and local employees may be shrinking, and minimimally at that, but the size and scope of the federal government has exploded under the Obama administraion. How many awful jobs reports do progressives need to see before they start questioning their Keynesian beliefs?