“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,” explained Rep. Maxine Waters (D-Calif. 43rd District).
I don’t know who votes this lady into office but man… They should be questioned as to their wisdom.
According to the Bureau of Labor Statistics, there are only 134 million people working in the United States. That means that 40 million people will be double unemployed which is the worst type of unemployment.
According to Census data the US only has a population of about 315 million so unemployment would jump to more than 54%.
The cuts are $85,000,000,000 and if you divide that by 170,000,000 that’s $500 per person. Wow less than minimum wage.
Those are some great number Maxine… Do you write for Hollywood? Or are you one of the Presidents speech writers because this is plain fantasyland.
And don’t ask about her stellar record of ethics.
Allegations of corruption
According to Chuck Neubauer and Ted Rohrlich writing in the LA Times in 2004, Maxine Waters’ relatives had made more than $1 million during the preceding eight years by doing business with companies, candidates and causes that Waters had helped. They claimed she and her husband helped a company get government bond business, and her daughter Karen Waters and son Edward Waters have profited from her connections. Waters replied that “They do their business and I do mine.”
Citizens for Responsibility and Ethics in Washington (CREW) named Waters to its list of corrupt members of Congress in its 2005, 2006, 2009 and 2011 reports. Citizens Against Government Waste named her the June 2009 Porker of the Month due to her intention to obtain an earmark for the Maxine Waters Employment Preparation Center.
In 2010 Waters came under investigation for ethics violations and was accused by a House panel of at least one ethics violation related to her efforts to help OneUnited Bank, where her husband had been a director and in which he had stock holdings, receive federal aid. Waters’ husband is a stockholder and former director of OneUnited Bank and the bank’s executives were major contributors to her campaigns. In September 2008, Waters arranged meetings between U.S. Treasury Department officials and OneUnited Bank, so that the bank could plead for federal cash. It had been heavily invested in Freddie Mac and Fannie Mae, and its capital was “all but wiped out” after the U.S. government took them over. The bank received $12 million in Troubled Asset Relief Program (TARP) money. The matter was investigated by the House Ethics Committee, which charged her with violations of the House’s ethics rules in 2010  On September 21, 2012, The House Ethics Committee completed a report clearing Waters of all ethics charges after nearly three years of investigation. -Source Wikipedia