A Reagan Moment - Stop Our Economic Decline By Lawrence Kudlow
No sooner had President Obama shocked the political world with a gloomy economic forecast -- projecting 9.1 percent unemployment for this year and a reelection-killing 9 percent for 2012 -- than the dismal August jobs report arrived showing no gain in nonfarm payrolls. That’s right, no gain at all. Private jobs increased a scant 17,000, while hours worked and wages actually declined. Obama’s economic policies have failed.