It would be funny if it weren’t so sad, but Rep. Maxine Waters, a ranking member of the California Congressional Brain Trust, said that the sequester cuts would cost Americans 170 million jobs.
Considering there are only 134 million people working in the United States, that would be an impressive feat.
Waters, by the way, is the ranking Democrat on the House Financial Services Committee, which deals with banking, insurance, real estate and securities. If the Democrats were to regain the House, she would be in a position to be chairwoman.
Democrats in general seem to have difficulties comprehending numbers. Remember the promises made about Obamacare, that it would reduce costs by increasing competition. It’s even named the “Affordable” Care Act.
Yet all it’s done so far is raised taxes, increased insurance rates and cost people work hours and jobs. The payroll tax hike in January stunned many Democrats who just couldn’t believe they would have to pay for Obamacare.
Household incomes plunged in January by 3.6 percent, the most massive decrease in 20 years. Disposable income, what’s left after taxes, declined by 4 percent, the most since 1959. But according to the White House, we’re in a recovery.
Perhaps we should blame HeadStart. After more than 47 years of “preparing” children for school, a recent study showed that HeadStart students are often behind their classmates in math and have a lower rate of promotion.
Apparently, though, some of them have been promoted all the way to Congress.