Maxine Waters says 170 million jobs could be lost due to sequester VIDEO
In a Thursday press conference, California Democratic Rep. Maxine Waters warned of job losses totaling 170 million if the sequester goes through. Waters’ warning comes at a time when there are estimated to be between 135 and 143 million jobs in the United States.
“[Y]esterday we did have Mr. Bernanke in our committee and he came to tell us what he’s doing with quantitative easing, and that is trying to stimulate the economy with the bond purchases that he’s been doing because he’s trying to keep the interest rates low and create jobs — and he said that if sequestration takes place, that’s going to be a great setback,” Waters said.
“We don’t need to be having something like sequestration that’s going to cause these jobs losses, over 170 million jobs that could be lost – and so he made it very clear he’s not opposed to cuts but cuts must be done over a long period of time and in a very planned way rather than this blunt cutting that will be done by sequestration.”
Harry Gural, a spokesman for Rep. Waters, told The Daily Caller in an email that the congresswoman “obviously misspoke – she meant 170 thousand, not 170 million, jobs.”
[…] And finally, there’s Rep. Maxine Waters (Dumbass, Ca) who somehow labors under the assumption that Republicans are going to fire er’ damn body. […]