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Author: americanray Big red star, 1000 posts Top Recommended Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 165996  
Subject: Funny, but also very sad.... Date: 2/28/2013 2:51 PM
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Congresswoman Maxine Waters (D-CA) claimed today that "over 170 million jobs" could be lost due to sequestration.

Starting at around 0:30…

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 ...
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