Maxine Waters: 170 Million Jobs Lost

According to Maxine Waters, sequestration will obliterate American jobs. It's going to be so bad that we're going to lose 30 million more jobs than we have in the first place.

From Breitbart's Big Government:

Congresswoman Maxine Waters (D-CA) had a dire prediction for America about sequestration, claiming that 170 million jobs would be lost as a result of the across-the-board cuts. But according to the Bureau of Labor Statistics, there are only about 140 million jobs in the whole country.

...During a press conference on February 28, Waters told reporters of a visit by Federal Reserve Chairman Ben Bernanke who told members of congress that sequestration is not the optimal way to cut the federal budget.

Talking of Bernanke's comments, Waters claimed that "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 jobs losses, over 170 million jobs that could be lost."

However, according to the Bureau of Labor Statistics, Table A-9, Selected Employment Indicators, in January of 2013 there were 141,614 million jobs in the current American economy.

Using Waters' math, the US would lose about 30 million more jobs than it had to start with.

Just a few days ago, speaking abroad on his first official trip as secretary of state, John Kerry touted the democratic institutions in a NONEXISTENT country.

As Kerry said, in America, we have the right to be stupid.

Now, Waters claims budget cuts will mean jobs that don't EXIST will be lost, 30 million of them.

What brilliance!

Here's video of Waters making a fool of herself: