Friday, April 5, 2013

Sequester timed to take blame for weakening economy

(Reuters) - American employers hired at the weakest pace in nine months in March, a sign tax hikes that kicked in early this year as part of Washington's austerity drive could be stealing momentum from the economy.
from Weak job gains hurt economic outlook

This article seems to be intended to confuse us about economic cause and effect.  Poor job growth and austerity are RESULTS of the economic collapse, not causes. 

The causes of the economic contraction are Congress' ongoing policy of bailing bankers out of their bottomless GAMBLING DEBTS, its refusal to implement any beneficial economic policies, and its eagerness to set the world on fire in the name of liberation and fire prevention.