"You and I have a rendezvous with destiny. We will preserve for our children this, the last best hope of man on earth, or we will sentence them to take the first step into a thousand years of darkness. If we fail, at least let our children and our children's children say of us we justified our brief moment here. We did all that could be done."
Ronald Reagan

Monday, June 4, 2012

Eric Cantor Reacts to May 2012 Employment Report

Reaction is coming in from the 69,000 jobs created in May and it's not good. We need 200,000 or more jobs created per month in order to keep up with population growth. The labor force participation rate increased in May because 600,000 people re-entered the labor force. The number of unemployed also shot up. This is clearly related to the recent college graduates. The people we are leaning on to pay for our out of control entitlement expenses cannot find employment.

May 2012 Jobs report

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