Tag Archives: unemployment

Maxine Waters Claims 170 Million Jobs Will Be Lost Due to Sequestration – 40 Million More Than Are Employed

With all the talk about the impending sequestration cuts about to take place tomorrow, Maxine Waters (D) California, the ranking Democrat on the House Financial Services Committee said that “If sequestration takes place, that’s going to be a great setback. We don’t need to be having something like sequestration that’s going to cause these job losses — over 170 million jobs that could be lost.”

The only problem with her statement is that there are only 130 million employee’s working in the United States.

Was her comment a simple ‘slip-up’ or yet another attempt by the Democratic party to pressure low-information voters and consumers of news into believing the apocalyptic scenario her party and President Obama have been attempting to portray would happen, should a measly $85 billion be cut from the massive trillions of dollars annual U.S. government budget?

How can anyone take the ranking Democrat on the House Financial Services Committee seriously when she cannot even get basic facts like this straight?

Watch this video and see for yourself: