Last Friday the latest job figures were released, showing that March was the 12th consecutive month of continuous private sector job growth. This is good news for the country, the President’s reelection campaign, and most importantly, to the 216,000 employees who found jobs.
This recovery is still fragile, however. The problems in Japan, the speculative rise in oil prices, unrest in the Middle East--all could derail the improvement. There is another factor, of course. As Republican governors cut budgets and lay off state workers, as Republican Representatives push for massive federal cuts, as programs to limit foreclosures are killed, as unemployment benefits are curtailed, the economy can very well see a bounce in unemployment and a deepening of the recession.
Only people who would put their election prospects ahead of the good of the nation would hope to see a rise in unemployment and do what they can to ensure it. To pursue policies that result in increased joblessness, one would have to be either unpatriotic, or stupid, or a moral pygmy--or all three.
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