Latest In

News

Meanwhile, on Twitter

Rep. John Culberson (R-Texas) tweets: Pres Obama says only government that can break...cycle where lost jobs lead to...less spending. They are leading us

Jul 31, 2020625 Shares208.2K Views
What did the president actually say?
It is absolutely true that we cannot depend on government alone to create jobs or economic growth. That is and must be the role of the private sector. But at this particular moment, with the private sector so weakened by this recession, the federal government is the only entity left with the resources to jolt our economy back to life. It is only government that can break the vicious cycle where lost jobs lead to people spending less money which leads to even more layoffs.
These are two different concepts, and only one of the speakers is misrepresenting the other.
Hajra Shannon

Hajra Shannon

Reviewer
Latest Articles
Popular Articles