Friday, September 18, 2009

Lost: 600,000 Jobs

By INVESTOR'S BUSINESS DAILY

"Add to that the China tire tariffs imposed last week, which Rutgers trade expert Thomas Prusa reckons would cost 15,000 jobs, and the grand total is 600,000 positions — a disaster for an economy in recession and a killer of consumer confidence and voter approval.

"For Democrats, this ought to be a wake-up call. For every job they save to repay unions, many more are lost in other sectors of the economy. What's more, jobs that would be created as a result of freer markets never materialize. Either way, the price is intolerably high."

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