by Adam Serwer at American Prospect.org
"It’s a simple story. Americans don’t have jobs, so they’re not buying stuff. Because they’re not buying stuff, companies aren’t hiring. Unemployment remains above 9 percent. The recession was worse than economists thought, which means that the 2009 stimulus bill wasn’t enough to jump-start the economy. Not only is Congress not doing anything to solve the jobs crisis; Republicans—with little resistance from the president—are actively pursuing a contractionary fiscal policy that is weakening a sluggish recovery. If economic prospects remain bleak, come November 2012, President Obama may learn what it feels like to be unemployed"
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