Death of the stimulus: The May jobs report

Private-sector job creation almost stopped in May. The 41,000 jobs created were dwarfed by the 411,000 temporary and low-wage government jobs needed to administer the census. Last year’s stimulus having failed to hold unemployment below 8 percent as predicted, Barack Obama might advocate another stimulus — amending Article I, Section 2 of the Constitution, which mandates a census every 10 years. If it were every year, he could take credit for creating 564,000 — the current number of census takers — permanent jobs.

May’s 41,000 jobs were one-fifth of the April number and substantially fewer than half the number needed to keep pace with the normal growth of the labor force. This is evidence against the theory that a growing government can be counted on to produce prosperity because a government dollar spent has a reliable multiplier effect as it ripples through the economy from which the government took the dollar…

Uncertainty is a consequence of hyperkinetic government, which is a consequence of the governmental confidence that is a consequence of progressivism. The premise of progressivism is that all will be well if enough power is concentrated in Washington, and enough Washington power is concentrated in the executive branch, and enough really clever experts are concentrated in the executive branch. This is why the government’s perceived impotence concerning the gulf oil spill is subversive of the Obama administration’s master narrative.