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Recovery Bummer Continues: 130,000 Jobs Lost for July

9.5%

Is this what recovery looks like?

Overall, the economy lost a net total of 131,000 jobs last month, as 143,000 temporary census jobs ended.

This jobs report is just another whole in the dike for the Obama Administration as the tidal wave continues to build.

Perhaps, by the time we reach the end of this, we can all agree that John Maynard Keynes was wrong, he’s dead, and he and his kooky economic theories need to be left to rest.

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