Posted By RichC on April 5, 2013
We’re hardly sputtering along when it comes to getting Americans back to work. One wonders why we bother to spend so much money on government when our over compensated bureaucrats only add to the problem. If it were not so frustrating and painful, government’s adding “programs,” meddling with tax rates and monetary policy and out of control wasteful spending would be comical. When it comes to fixing the economy, we’d be better off letting the chips fall where they may. I’m starting to lean towards a Libertarian philosophy and letting capital markets and charity deal with our woes; it is pretty obvious that bureaucrats are making a mess of things.
U.S. employers added jobs at the slowest pace in nine months in March, suggesting weakening economic growth as higher taxes and government spending cuts weigh on the labor market.
Employers added 88,000 jobs last month, the Labor Department said Friday. The unemployment rate, obtained by a separate survey of U.S. households, fell one-tenth of a percentage point to 7.6%, largely because of people dropping out of the work force.