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	<title>Comments on: More Job Cuts, Less Unemployment?</title>
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		<title>By: That Obama Recovery :: New York Young Republican Club</title>
		<link>http://nyyrc.com/2010/02/05/more-job-cuts-less-unemployment/comment-page-1/#comment-2007</link>
		<dc:creator>That Obama Recovery :: New York Young Republican Club</dc:creator>
		<pubDate>Wed, 03 Mar 2010 15:16:24 +0000</pubDate>
		<guid isPermaLink="false">http://nyyrc.com/?p=3165#comment-2007</guid>
		<description>[...] Month after month after month after month I&#8217;ve been blogging the unemployment numbers.  Today not only do we learn that the economy is shedding more jobs, but that the &#8220;only 20,000&#8243; laid off last month was actually 60,000.  A rounding error at the BLS? [...]</description>
		<content:encoded><![CDATA[<p>[...] Month after month after month after month I&#8217;ve been blogging the unemployment numbers.  Today not only do we learn that the economy is shedding more jobs, but that the &#8220;only 20,000&#8243; laid off last month was actually 60,000.  A rounding error at the BLS? [...]</p>
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		<title>By: William P.</title>
		<link>http://nyyrc.com/2010/02/05/more-job-cuts-less-unemployment/comment-page-1/#comment-1952</link>
		<dc:creator>William P.</dc:creator>
		<pubDate>Mon, 08 Feb 2010 17:48:49 +0000</pubDate>
		<guid isPermaLink="false">http://nyyrc.com/?p=3165#comment-1952</guid>
		<description>We&#039;ve given government a perverse incentive to cheerlead for certain interest groups.  Instead of maximizing the general welfare, they pick winners and losers based on political decisions.  Besides being bad economics, discouraging growth, and delaying recovery, the actions themselves are morally reprehensible.

We should not be electing leaders to reward their favorite constituents at the expense of others.  They should be maintaining, through rule of law, a decent society, fair and just, where commerce can flourish without fear of political retribution.

&quot;But, unfortunately, law by no means confines itself to its proper functions. And when it has exceeded its proper functions, it has not done so merely in some inconsequential and debatable matters. The law has gone further than this; it has acted in direct opposition to its own purpose. The law has been used to destroy its own objective: It has been applied to annihilating the justice that it was supposed to maintain; to limiting and destroying rights which its real purpose was to respect. The law has placed the collective force at the disposal of the unscrupulous who wish, without risk, to exploit the person, liberty, and property of others. It has converted plunder into a right, in order to protect plunder. And it has converted lawful defense into a crime, in order to punish lawful defense.&quot;
--Frederic Bastiat, The Law</description>
		<content:encoded><![CDATA[<p>We&#8217;ve given government a perverse incentive to cheerlead for certain interest groups.  Instead of maximizing the general welfare, they pick winners and losers based on political decisions.  Besides being bad economics, discouraging growth, and delaying recovery, the actions themselves are morally reprehensible.</p>
<p>We should not be electing leaders to reward their favorite constituents at the expense of others.  They should be maintaining, through rule of law, a decent society, fair and just, where commerce can flourish without fear of political retribution.</p>
<p>&#8220;But, unfortunately, law by no means confines itself to its proper functions. And when it has exceeded its proper functions, it has not done so merely in some inconsequential and debatable matters. The law has gone further than this; it has acted in direct opposition to its own purpose. The law has been used to destroy its own objective: It has been applied to annihilating the justice that it was supposed to maintain; to limiting and destroying rights which its real purpose was to respect. The law has placed the collective force at the disposal of the unscrupulous who wish, without risk, to exploit the person, liberty, and property of others. It has converted plunder into a right, in order to protect plunder. And it has converted lawful defense into a crime, in order to punish lawful defense.&#8221;<br />
&#8211;Frederic Bastiat, The Law</p>
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		<title>By: Yossi Gestetner</title>
		<link>http://nyyrc.com/2010/02/05/more-job-cuts-less-unemployment/comment-page-1/#comment-1949</link>
		<dc:creator>Yossi Gestetner</dc:creator>
		<pubDate>Sun, 07 Feb 2010 19:09:59 +0000</pubDate>
		<guid isPermaLink="false">http://nyyrc.com/?p=3165#comment-1949</guid>
		<description>From Friday&#039;s bls.gov report on jobs, I noticed three things:

1)      The Pelosi/Reid economy which started in January of 2007, lost a total of 6,653,000 jobs, worse than the 6,090,000 thought until today.

2)      Despite the Stimulus, the economy in 2009 lost 4.7 million jobs, worse than the 2.9 million lost in 2008.

3)      The Stimulus Economy (Starting March of 2009) lost 3,296,000 jobs, worse than the 2,742,000 thought until Friday - 554,000 MORE JOBS LOST THAN FIRST REPORTED!</description>
		<content:encoded><![CDATA[<p>From Friday&#8217;s bls.gov report on jobs, I noticed three things:</p>
<p>1)      The Pelosi/Reid economy which started in January of 2007, lost a total of 6,653,000 jobs, worse than the 6,090,000 thought until today.</p>
<p>2)      Despite the Stimulus, the economy in 2009 lost 4.7 million jobs, worse than the 2.9 million lost in 2008.</p>
<p>3)      The Stimulus Economy (Starting March of 2009) lost 3,296,000 jobs, worse than the 2,742,000 thought until Friday &#8211; 554,000 MORE JOBS LOST THAN FIRST REPORTED!</p>
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