, Columnist
Weak Jobs Report Is Sign of Weak Jobs Report. Period.
If the reasons for March's anemic job growth were so obvious, why didn't
any ex-post visionaries forecast it?Â
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It was the payroll-tax increase. It was the automatic spending cuts. It was Obamacare and the burden it's putting on small business.
Any other candidates to explain Friday's weak jobs report? CNBC's Jim Cramer attributed the measly 88,000 increase in non-farm payrolls in March to President Barack Obama. He said yesterday on "Meet the Press" that the White House put fear in the hearts of the U.S.'s chief executive officers with its scare-mongering over sequestration. Who knew CEOs were such a bunch of wusses?