Obama explains how automation through ATMs has cause unemployment
Of course, there are the false claims about this being the worst recession since the Depression and that 2 million jobs have been created over 15 months, but the more amazing claim is why we have had such bad unemployment. The notion that more ATMs or automation generally have held down job growth.
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Labels: book, obamaincompetence, unemployment
posted by John Lott at 4:48 AM
1 Comments:
ATM's have been very common for a long time.
The President of the United States should not make up off-the-cuff, nonsensical rationalizations for his failure to turn around the economy. If he can't be competent, he should at least be honest. Obama has shown himself to be neither.
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