Joe Stanley

Since Obama was elected, the public sector has lost about 600,000 jobs. If you put those jobs back, the unemployment rate would be 7.8 percent.

Ezra Klein (via squashed)

• squashed

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27. biteofpythias said: ezra’s analysis is too simplistic… you wouldn’t just be adding back those 600,000 jobs - those 600,000 public sector cuts impacted private sector hiring as well as it dried up spending. the rate would be about a 1% lower than it is now…
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