How the left is spinning Obama’s hopeless recovery

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:

The private sector added 83,000 jobs in May. That’s not a very good number, but it’s an okay one. It’s especially okay when you see it in the context of increased hours worked per employed person leading to increased earnings. You could see this as employers continuing to increase their demand for labor, but in a slightly cautious way. A month of treading water on the jobs front but with indicators that we’re due for a better number soon. But instead of adding tens of thousands of new public employees to complement the expansion, we shed 29,000 public sector workers. That led to an aggregate figure of 54,000 new net jobs. … Over the past year, we’ve consistently seen the economy engage in so-so private sector job growth offset by job losses in the public sector. The results are, if you ask me, bad. But in a decent world, conservatives would be forced to acknowledge that these are the results they claim to want. The private sector’s not being held back by the grasping arm of big government. Government is shrinking. And the shrinking of the government sector isn’t leading to any kind of private sector explosion. It’s simply offsetting meager private sector growth. Indeed, I’d say it’s holding it back. Fewer state and local government layoffs would mean more customers for private businesses and even stronger growth on the private side.

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?

Related Content