Today the Labor Department released its monthly report of employment statistics that said hiring practically stalled in December and the jobless rate rose to a two-year high of five percent. Bush pooh-poohed the report as cause for concern saying, "While there is some uncertainty, the report is that the financial markets are strong and solid." Got that? Hiring has stalled and unemployment is up, but investment income the source of wealth for his supporters and others of his class, is still safe so he's not worried. He went on to say that the important thing was that we not panic and raise taxes on his friends and their businesses.
It sure has been a long time since he had much to say about "compassionate conservatism."
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