Monday, July 19, 2010

So Closing Businesses Doesn't Create Jobs?

From Bloomberg:

The Obama administration’s request that General Motors Co. and Chrysler Group LLC accelerate the closing of U.S. dealerships probably was unnecessary and may have added to unemployment, a government watchdog said today.


No shit. Which government genius thought that forcing businesses to close down - and fire their employees - wouldn't add to more unemployed people?

Can we please have an election already?

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