The Republicans’ plan to destroy the Obama presidency – hatched on inauguration day 2009 – is working. New jobs numbers are out – showing the economy only added a dismal 80,000 jobs in June, which wasn’t enough to move the unemployment rate down from 8.2%. The numbers come in well below economists’ expectations and suggest the economic recovery is slowing considerably as the effects of 2009’s stimulus package wear off.
But rather than sign on to more desperately needed stimulus, Republicans would rather watch the economy tank knowing that it improves their election chances in November. On top of that, just like in Europe, we’re starting to see the damaging effects of austerity – as once again the public sector shed jobs in June – adding to the more than 600,000 government workers who’ve been laid off in mostly red states since President Obama took office.
This is economic sabotage – and since it’s leading to millions of Americans suffering, it’s no different than treason.