Republicans destroy jobs; Democrats ignore jobs

It was announced today that jobless claims have risen to 412,000. As
I have warned before, the president and Congress are poised to make the
same catastrophic policy mistake that FDR and Congress made in 1937.
They adopted harsh fiscally conservative policies before the economy had
fully recovered, and a bad economy in 1937 relapsed to an even worse
economy.

The rise in jobless claims today is a red-flag warning to official
Washington. With our debate and policies having moved so far to the
right, and I include the Democratic president, the dangers of
joblessness rising even higher are real and immediate.

A recent Gallup poll showed the No. 1 issue for voters is the national economy, and the No. 2 issue is jobs, while cutting spending (which also slows the economy) ranks third.

If the jobless rate begins to rise again above the intolerable levels today, which I believe is very likely, voters may run everyone in Washington out of town on a rail.

Stay tuned. I will have much more to say on this subject, again, very soon.