GOP Responses To Jobs Report Ignore Main Obstacle To Growth

November 04, 2011 3:05 pm ET

With the news this morning that the private economy added 104,000 jobs but the public sector shed 24,000, prominent Republicans had a chance to trot out the same tired, debunked explanation for slow economic growth they've been using throughout the Obama presidency. According to the GOP, job creators are not hiring because of regulations and high spending from Washington, D.C. But according to the job creators themselves, regulations, taxes and spending are not the issue — they simply don't have enough customers to justify expanding their workforces. The problem continues to be weak demand.

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