February’s jobs numbers provide even more evidence of the need for fresh ideas to get America out of its economic rut. While non-farm payroll employment increased, the number of unemployed people and the overall unemployment rate of 8.9 percent barely budged.
It’s been at least six months since the last holdouts realized that the Obama administration’s “stimulus package” of nearly $1 trillion failed in its principle task of restoring real economic growth and returning Americans to work. Yet what has changed? Very little, as we continued to pursue old solutions to new problems.
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Author: Gary Shapiro
