Truest statement of the week

In essence, Obama is demanding that the American people mortgage what is left of their future to pay for a relative handful of new jobs.
To pay for the so-called jobs bill, Obama said he would push to increase the deficit-reduction target of the congressional super-committee established last July well beyond its present mandate of $1.5 trillion, and insisted that Medicare and Medicaid had to be slashed.
Obama's job-creation proposals are paltry. Even were his bill to be enacted in full -- an unlikely eventuality -- it would create a mere 2 million jobs, according to estimates by economists. It will take 11.1 million new jobs to return employment to the level that existed prior to the onset of the recession nearly four years ago.

-- Barry Grey, "Obama's jobs fraud" (WSWS).