Maxine Waters Warns 170 MILLION Jobs Could Be Lost Due to Sequestration Cuts — But There’s a Huge Problem With Her Estimate
If Congress allows sequestration cuts to take effect, more than 170 million Americans could lose their jobs, according to Rep. Maxine Waters (D-Calif.).
“If sequestration takes place, that’s going to be a great setback. We don’t need to be having something like sequestration that’s going to cause these job losses — over 170 million jobs that could be lost,” Waters said.
She went on to say cuts must be done “over a long period of time.”
There’s just one problem with her estimation — and it’s a big one. Continue Reading