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Maxine Waters Says 170 Million Could Lose Jobs Because of Sequester

BEGIN TRANSCRIPT

RUSH:  One of the Drive-Bys took a stab at challenging Obama today at his sequester press conference.  Here's how that went.

JULIE PACE:  It sounds like you’re saying this is a Republicans problem and not one that you bear any responsibility for?

OBAMA:  Well, Julie, give me an example of what -- what I might do?

JULIE PACE:  I'm just trying to clarify your statement.

OBAMA:  Well, no, but I'm trying to clarify the question.  What I'm suggesting is I've put forward a plan that calls for serious spending cuts, serious entitlement reforms, goes right at the problem that is at the heart of our long-term deficit problem.  I've offered negotiations around that kind of balanced approach, and so far we've gotten rebuffed because what Speaker Boehner and the Republicans have said is we cannot do any revenue, we can't do a dime's worth of revenue.  So, what more do you think I should do?

(begin parody)

OBAMA:  If Congress allows this meat cleaver approach to take place, it will jeopardize our military readiness, Border Patrol agents will see their hours reduced, FBI agents will be furloughed, federal prosecutors will have to let criminals go.  Thousands of teachers and educators will be laid off.

(playing of song)

BIG SIS:  I am not here to scare people.  I'm here to inform. 

(playing of song)

BIG SIS:  I don't think we can maintain the same security.

(playing of song)

OBAMA:  These cuts are not smart. 

(playing of song)

OBAMA: They will add hundreds of thousands of Americans to the unemployment rolls.

(playing of song)

OBAMA:  They are not fair. They will hurt our economy. 

(playing of song)

OBAMA:  People will lose their jobs.

(playing of song)

BIDEN:  Buy a shotgun.

(playing of song)

WATERS:  Over 170 million jobs could be lost.

RUSH:  Over 170 million jobs could be lost and the Skyfall.  Oh, no.  That was Maxine Waters.  The only problem is that there are only 140 million jobs in the country, so losing 170 million, that's a mean trick the Republicans are pulling off there, killing 170 million jobs when we only have 140 million.  Now, we used to have 149 million jobs.  Did you know that?  Back in 2009, when President Obama took office, we had about 149 million jobs in the country.  We now, after Republicans have gotten rid of all those jobs the past four years, are down to 140.  And we're gonna lose all of those and an additional 30 million jobs because of the Republicans.  Maxine Waters is the one telling us this.

END TRANSCRIPT

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