Maxine Waters: "Over 170 Million Jobs Could Be Lost" Due To Sequestration -- Slip of the tongue or wishful socialist thinking?
I find it unbelievable that Maxine Waters, the ethically-challenged, corrupt, socialist ranking member of the House Financial Services Committee would stand before an audience an tell an outrageous lie. That over 170 million jobs could be lost due to the sequestration.
I call BULLSHIT! First, we are not talking about “real dollar,” but budgeted dollars yet to be appropriated. We are talking about slowing the rate of spending of budget dollars – no a reduction in the spending of “real dollars.” And, this socialist ideologue would have you believe that this non-existent crisis would impact 170 million jobs. In 2010, there were approximately 154.4 million employed individuals in the United States, with 22 million in the largest sector, the government.
In her own words …
Start at 00:30:00 …
Yesterday we did have Mr. Bernanke in our committee and he came to tell us what he’s doing with quantitative easing and that is trying to stimulate the economy with the bond purchases that he’s been doing because he’s trying to keep the interest rates low and jobs – and he said that if sequestration takes place, that’s going to be a great setback.
We don’t need to be having something like sequestration that’s going to cause these jobs losses, over 170 million jobs that could be lost – and so he made it very clear he’s not opposed to cuts but cuts must be done over a long period of time and in a very planned way rather than this blunt cutting that will be done by sequestration.
As you know in this committee we have all of HUD and HUD is responsible for so many programs that determine the quality of life for women and families. CBDG, a form of grant programs will be cut by $153 million dollars, these are grants that help with cities and children and low-income programs.
We also will cut the Home Program by $52 million if sequestration takes place, Native American Housing grants by $34 million, House and Choice grants $113 million, Public Housing – mostly single women in Public Housing – another $304 million, and homelessness, everybody claims to be concerned with homelessness and the growing number of women and children who are out their homeless but look they will take a $99 million dollar hit and on and on and on.
We are here today, one more time, talking about women and children and families and how we can protect our women, children, and families and have a decent quality of life – sequestration will set us back, all of the gains that we have made will be lost with sequestration.
Bottom line …
Maxine Waters continues to be elected by her constituents in spite of the fact that she is a corrupt, racist, socialist ideologue – and lacks common sense. Nothing in her district (centered around the infamous South Central Los Angeles and parts of Inglewood and Hawthorne) has radically improved over the years she has served and her constituents still are disadvantaged despite the billions poured into social programs.
It is time that racist demagogues such as Maxine Waters are thrown out of office before their idiocy bankrupts the nation.
Perhaps, she meant 170,000 jobs which would be closer to reality – but still far from the actual number of jobs lost to a mythical sequestration dreamed up by Jack Lew and Barack Obama and their fellow travelers.
-- steve
“Nullius in verba.”-- take nobody's word for it!
“Beware of false knowledge; it is more dangerous than ignorance.”-- George Bernard Shaw
“Progressive, liberal, Socialist, Marxist, Democratic Socialist -- they are all COMMUNISTS.”
“The key to fighting the craziness of the progressives is to hold them responsible for their actions, not their intentions.” – OCS "The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius “A people that elect corrupt politicians, imposters, thieves, and traitors are not victims... but accomplices” -- George Orwell “Fere libenter homines id quod volunt credunt." (The people gladly believe what they wish to.) ~Julius Caesar “Describing the problem is quite different from knowing the solution. Except in politics." ~ OCS